Avid Ventures

Avid Ventures is a New York-based venture capital firm founded in 2020, focusing on early-stage investments in transformative software and fintech companies across North America, Europe, and Israel. The firm targets investments at the Seed through Series B stages, writing initial checks ranging from $500,000 to $2 million and follow-on investments up to $10 million. Avid Ventures employs a unique 'Toehold/Double Down' investment strategy, collaborating closely with founders and co-investors to support portfolio companies' growth.

The firm's investment approach emphasizes deep alignment and flexibility, offering strategic finance support to portfolio companies. This includes assistance with strategic growth modeling, KPI dashboards, unit economics analysis, customer and business development introductions, recruiting, and fundraising advice. Avid Ventures positions itself as a dedicated extension of its portfolio companies' teams, actively engaging in the trenches alongside founders to build successful businesses.

Since its inception, Avid Ventures has launched two funds, with the second fund, an $87 million vehicle, bringing total capital raised to over $165 million. The firm has invested in various sectors, including payments, insurance, gaming, and data analytics, demonstrating a commitment to backing exceptional founders building transformative software and fintech companies. Avid Ventures' portfolio includes companies such as Alloy, Coast, and Rapyd, reflecting its focus on innovative and impactful startups.