Avid Ventures is an early-stage venture firm that helps exceptional founders build and scale transformative companies through hands-on, bespoke support.
We are thrilled to announce our $87M Fund II to continue to back exceptional software & fintech founders. Thank you to our incredible LPs, co-investors, & visionary founders for making this milestone possible.
And thank you @agarfinks@fortunemagazine!
https://t.co/qhOA3VDoYi
I am so excited to welcome @ZeezaCole to the @AvidVc team as a Partner and to congratulate @talivog on her promotion to Partner!
Zeeza & Tali are forces of nature & unbelievably dedicated to their founders. We are lucky to have Zeeza join us & thrilled to double down on Tali :)
The Avid team is growing!
We are incredibly excited to welcome @ZeezaCole to the @AvidVc team as a Partner. Welcome, Zeeza!
We are also delighted to announce @TaliVog’s promotion to Partner! Congratulations, Tali.
Announcing @AvidVC's $87M Fund II! I am so proud of our special team & the portfolio of inspiring founders we have built and incredibly grateful for the support of our LPs, co-investors, & advisors. Thank you for believing in & betting on us!
https://t.co/3sahsDBXZd
Announcing @AvidVC's $87M Fund II! Proud of the Dream Team we've built & the exceptional founders we've backed, & grateful for the LPs, advisors, & co-investors who've believed in us.
Thanks @agarfinks at @FortuneMagazine for this well-written piece!
https://t.co/4ruAqsNaCU
🌟 Congratulations to Avid Ventures on the launch of Fund II! 🌟@AvidVc@addielerner
Vintage is thrilled to deepen our partnership as an LP in Avid Ventures' newly launched $87M Fund II, which brings their total AUM to $165M. 💼💡
Having already made strategic investments across payments, insurance, gaming, and data analytics, Avid has consistently shown its ability to identify and support game-changing founders early on. 🚀
Their deep operational expertise, paired with their Strategic Finance value-add, makes them more than just investors—they are true partners, deeply embedded in the success of their portfolio companies. 🤝📊
Abe Finkelstein Managing Partner at Vintage, discussed Vintage’s decision to join in Fund II.- (link in comments)
"It was really the founder feedback, the co-investor feedback, and the quality of the founders we saw Addie attracting in fund one," he said. "She also did what she said she was going to do, executing on the plan that she’d told us about years earlier."
We’re proud to join other leading institutions and investors in supporting Avid's vision and look forward to seeing their continued growth and impact. 📈✨
https://t.co/umC2kU4Klw
Since we backed @magnus_majority in @thisismajority's Seed >3y ago, the company has rapidly grown revenue (to $40M+) & subscribers while delivering on its mission to empower migrants in the U.S. Very excited to announce our additional investment! https://t.co/vzD542ZAjM
Congratulations @mrdksimon and the @coastpayments team on your impressive growth, compelling unit economics, and strong customer love as you deliver a modern fleet card and financial management solution for commercial fleets.
https://t.co/zipUbLwyXI
Congrats @mrdksimon + @coastpayments! This @AvidVc Double Down investment makes Coast one of Avid's largest positions. Looking forward to all that is to come from this special team building a magical product for real-world fleets @bayareawriter@TechCrunch https://t.co/ALdTHhTQqG
Huge congrats to Matt, @mitch_troy, and the entire @trybasis team on the exciting announcement of their AI Platform for Accounting Firms.
We're thrilled to be investors in Basis alongside @btv_vc and @boxgroup.
Basis empowers accountants with a team of AI assistants to take on core accounting workflows. Take a look at their excellent product below.
1/ After months of stealth, excited to unveil @trybasis, the AI platform for accounting firms
With our 3.6m in seed funding led by @btv_vc alongside @BoxGroup, @AvidVc, several top accounting firms, and leaders from the accounting and machine learning communities.
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Avid's first investment was in @nova_credit in Feb'20, just before immigration came to an abrupt halt. Today, on the back of exciting milestones, Nova announced its $45M Series C. @MishaEsipov is a uniquely resilient, mission-driven founder - his story is worth a read.
@nova_credit announced some 🎉big news 🎉 today, and rather than tell the typical “up and to the right” story 📈, I thought I’d share a more honest take (seeped in 🚢 metaphors) on how we got here.
My first ever 🧵...
https://t.co/CyT5ExNNKI
Thank you for your strong leadership, @HarryStebbings. We are grateful to you for using your platform to educate the tech community on what is happening on the ground in Israel.
"In unstable times you want to invest in the most resilient people. And what the Israeli tech community is showing now is just how resilient they are." - Michael Eisenberg
https://t.co/SBlETxA6am
I am a family man. I have always been public about my bond with my mother. To see the suffering of so many families in Israel is devastating. There are no words to account for the loss of lives or the atrocious acts of barbarism.
We have to speak up. We cannot remain silent.
"...Then they came for the Jews
And I did not speak out
Because I was not a Jew
Then they came for me
And there was no one left
To speak out for me"
Pastor Martin Niemöller (1946)
Here is my 20VC with @LevanonAdi and @mikeeisenberg.
@AvidVc is proud to be part of the over 420 venture capital firms that have come together to sign a joint statement expressing our firm support of Israel and acknowledging Israel's right to defend itself from Hamas and all other terrorist organizations.
https://t.co/uL4H1ATg2h
My team at @AvidVc deplores the sadistic violence of known terrorist organization Hamas, and wholeheartedly supports Israel's right to defend herself. We are praying for safety for our friends, family, founders, and partners in Israel. Am Yisrael Chai 🇮🇱