logo
logo

Veteran Investor From General Catalyst & General Atlantic Launches Avid Ventures with $68M Debut Venture Capital Fund

Veteran Investor From General Catalyst & General Atlantic Launches Avid Ventures with $68M Debut Venture Capital Fund

02/19/21, 3:07 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$68 million
Avid Ventures today announced the launch of its $68 million debut venture capital fund. Avid backs exceptional founders at the Series A and B stages who are building transformative technology companies. Pursuing a highly collaborative investment strategy, Avid partners with top-tier lead investors and takes a hands-on approach to helping founders evolve their early-stage startups into proven growth businesses. Avid was founded by Managing Partner Addie Lerner, decade-long investor at General Catalyst, General Atlantic, and Goldman Sachs, and has already made six investments in companies accelerating the credit, identity, co-working, healthcare, mortgage, and alternative payments industries.

Company Info

Company
Avid Ventures
Location
new york, new york, united states
Additional Info
Avid Ventures invests in transformative early-stage fintech, consumer internet, and software companies in its hometown of New York City and across North America, Europe, and Israel. Avid pursues a collaborative approach to investing, working closely with lead firms and co-investors to build an ideal syndicate for a founder’s fundraise. Avid believes in developing long-term, authentic, and non-transactional relationships well ahead of investing, enabling Avid to run a nimble investment process. The Avid team’s hands-on approach with their founders earns them a trusted, assured seat at the table as they advise on optimizing growth strategies and help build top performing companies across categories.