Total amount raised
$52 Millions
Latest funding date
01/01/2022
Location
Avataar has successfully raised over $55 million, leveraging its AI-driven solutions to transform enterprises. The platform, known as Agentic AI, offers secure, scalable transformations tailored to specific domains, data, and workflows.
Keep reading to explore the intricacies of Avataar's fundraising journey and the investors backing this innovative platform.
What Is Avataar?
Avataar is a company that leverages over a decade of R&D to provide AI-native transformations for enterprises. Their platform, Agentic AI, is designed to drive innovation, efficiency, and growth by replacing legacy workflows with intelligent, self-improving systems.
Specializing in the AI and technology industry, Avataar focuses on enterprise-grade AI solutions. The platform is built for secure, scalable transformation tailored to specific domains, data, and workflows, aiming to deliver significant cost savings, efficiency gains, and valuation uplift for enterprises.
How Much Funding Has Avataar Raised?
- Series A
- Amount Raised: $7M
- Date: October 2020
- Lead Investors: Peak XV Partners
- Series B
- Amount Raised: $45M
- Date: January 2022
- Lead Investors: Tiger Global Management
In total, Avataar has raised $52M.
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is a leading global investment firm focused on public and private companies in the internet, software, consumer, and financial technology sectors. The firm has a strong track record of backing high-growth companies worldwide.
- Investment Focus Areas: Internet, software, consumer, financial technology
- Notable Investments: Facebook, LinkedIn, Spotify
- Peak XV Partners
- Details: Peak XV Partners, formerly known as Sequoia Capital India, is a venture capital firm that invests in early and growth-stage companies across India and Southeast Asia. The firm is known for its deep expertise and strong network in the region.
- Investment Focus Areas: Technology, healthcare, consumer, financial services
- Notable Investments: Byju's, OYO Rooms, Zomato
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