Tech Company Financing Transactions
Avarra Funding Round
Avarra closed a $8 million Seed funding round on 10/3/2024. Backers included Lightspeed Venture Partners, FirstHand Alliance and GTMfund.
Transaction Overview
Company Name
Announced On
10/3/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
Lightspeed Venture Partners (Lead Investor)
private investors (John Thompson)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
Undisclosed
San Mateo, CA Undisclosed
USA
San Mateo, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
At Avarra we believe that the emergence and convergence of large-language models and 3d-avatar technologies is going to enable an entirely new generation of enterprise applications. In a world where we have a fully interactive, human-like interface backed by powerful AI, truly revolutionary applications are possible.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Knight
Chief Operating Officer
Matt Huang
Chief Technical Officer
Chris Iezzoni
VP - Engineering
Scot McIntosh
Browse more venture capital transactions:
Prev: 10/3/2024: Crescendo venture capital transaction
Next: 10/3/2024: Tray venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs