About avra
avra, an accelerator and incubator program founded in 2023, is based in San Francisco, United States. With a presence in 2 countries, it has supported around 5 startups in sectors like Enterprise Applications, Enterprise Infrastructure. As of May 2025, avra has 2 unicorns under its belt. Most notable companies in
its portfolio include Zepto, Hex and Whatnot. The program is backed by a team of 4 people who primarily support Series C startups based in United States. Its latest investment was a $70M Series C round in Hex on May 28, 2025, which also saw participation from a16z and Amplify Partners.
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Sectors of Investment
Stages of Investment
Series C, Series B & 2 more
Locations of Investment
avra's Portfolio
avra has a portfolio of 5 companies. Their latest investment was in Hex(Series C Round) on May 28, 2025. They have 2 unicorns in their portfolio. Unicorns include Zepto, Whatnot.avra's Year-on-Year Investment Trends
In 2024, it made 2 investments, while as of May 2025, it has made 3 investments in this year. Its most recent first time investment was in Hex.
avra's Investments by Stage
avra has made 2 investments in Series C stage with an average round size of $75M, 1 investment in Series B stage with an average round size of $41.5M, 1 investment in Series E stage with an average round size of $265M and 1 investment in Series F stage with an average round size of $665M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series C | 2 |
Series B | 1 |
Series E | 1 |
Series F | 1 |
avra's Investments by Sector
avra has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, FinTech and Food and Agriculture Tech. Notably, it has invested in 5 Tech companies, 4 Software companies, 3 Enterprise (B2B) companies and at least 2 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 3 |
Consumer | 2 |
Enterprise Infrastructure | 2 |
FinTech | 1 |
Food and Agriculture Tech | 1 |
Others | 2 |
avra's Investments by Geography
avra has made most investments in United States (4), followed by India where it has made 1 investment.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 4 |
India | 1 |
avra's recent investments
Here are the most recent investments by avra:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
May 28, 2025 | United States | Series C | $70M | a16z [+5] | |
Jan 23, 2025 | United States | Series B | $41.5M | Emergence Capital [+5] | |
Jan 21, 2025 | United States | Series C | $80M | Georgian [+4] | |
Dec 24, 2024 | United States | Series E | $265M | Greycroft [+7] | |
Jun 21, 2024 | India | Series F | $665M | Glade Brook Capital [+6] |
Unicorns in avra's Portfolio
Here is a list of unicorns in avra's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
81 | Provider of rapid grocery delivery services | 2020 | Bengaluru | Series G | qhybwpa | ||
62 | App based platform offering collectibles through live videos | 2019 | Marina Del Rey | Series E | nodlaor |
Team profile of avra
avra has a team of 4 members including 2 Partners located in United States. avra's team does not sit on the board of any company as of now.Co-investors of avra
Over the past year, 96 investors have co-invested in avra's portfolio companies.
- Invested before avra: Y Combinator, a16z and 54 others have invested in rounds before avra. There are 3 companies where Y Combinator has invested before avra and 3 companies where a16z has invested before avra.
- Top Co-investors of avra: 9 investors entered a company along with avra. These include investors like Avenir Growth Capital (1 company).
- Invested after avra: A total of 31 investors have invested in avra's portfolio after their investments. Top Investors include Lachy Groom (1 company) and Motilal Oswal Private Wealth (1 company).
Recent News related to avra
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Hex Raises $70M to Expand AI Data Analytics PlatformSiliconAngle•May 29, 2025•Hex, avra, a16z, Amplify Partners and 1 other
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Method Raises $41.5 Million Series B Led by Emergence Capital to Expand Financial Account Connectivityintelligence360•Feb 06, 2025•Method, Emergence Capital, Samsung NEXT, avra and 3 others
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Method Raises $41.5 Million to Build Consumer-Permissioned Financial ConnectivityPYMNTS.com•Jan 24, 2025•Method, Emergence Capital, Samsung NEXT, a16z and 3 others
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Method Raises $41.5M in Series B FundingFinSMEs•Jan 23, 2025•Method, Emergence Capital, avra, Samsung NEXT and 3 others
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Render Receives $80M in Series C FundingFinSMEs•Jan 21, 2025•Render, 01 Advisors, Bessemer Venture Partners, General Catalyst and 4 others
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Live shopping specialist Whatnot bags $265 million in Series E funding with valuation hitting $4.97 billionRetail Technology Innovation Hub•Jan 08, 2025•Whatnot, Greycroft, DST Global, avra
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Top startups raise big bucks in 2024: From Zepto to Meesho, new-age firms see rise in fundingStoryboard18•Dec 26, 2024•Zepto, avra, Glade Brook Capital, General Catalyst and 1 other
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Zepto Close To $100 Mn Infusion From Motilal Oswal, Family OfficesInc42•Oct 17, 2024•Motilal Oswal, Zepto, avra, Lightspeed Venture Partners and 6 others
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Ritual Secures $25M Series A Funding to Propel Decentralized AI Adoption in CryptoMSN•Jul 30, 2024•Ritual, Archetype, Accomplice, Robot Ventures and 5 others
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Zepto In Talks With Investors To Raise Another $400 Mn At $4.6 Bn Valuation: Reporthtsyndication.com•Jun 27, 2024•Zepto, Glade Brook Capital, Nexus Venture Partners, Lightspeed Venture Partners and 6 others