Where is avra's headquarters located?

avra's headquarters is located in San Francisco (United States).

How big is avra's investment team?

avra has a team of 7, including 3 partners.

How many companies has avra invested in?

avra has invested in 63 companies, including Zepto & Render.

Which companies has avra invested in lately?

Chai Discovery & Moment are the latest investments by avra.

How many exits has avra been involved in?

avra's portfolio has seen 6 acquisitions.

How many unicorns are there in avra's portfolio?

There are 20 unicorns in avra's portfolio.

avra - 2026 Investor Profile, Portfolio, Team & Investment Trends

avra, an accelerator and incubator program founded in 2023, is based in San Francisco, United States. With a presence in 8 countries, it has supported around 63 startups in sectors like Enterprise Applications, High Tech. As of Oct 2026, avra has 20 unicorns under its belt and has witnessed 6 portfolio exits. Most notable companies in its portfolio include Zepto, Render and Mistral AI. The program is backed by a team of 7 people who primarily support Series C startups based in United States. Its latest investment was a $400M Series C round in Chai Discovery on Jul 14, 2026, which also saw participation from Index Ventures and Kleiner Perkins.

Key Metrics

Founded Year

2023

Location

San Francisco, United States

Portfolio Companies

Zepto, Render & 61 more

Sectors of Investment

Enterprise Applications, High Tech & 15 more

Stages of Investment

Series C, Series B & 2 more

Locations of Investment

United States, France & 6 more

Unicorn in Portfolio

Hex, HappyRobot & 18 more

View avra's full profile

avra has a portfolio of 63 companies, including 20 unicorns. Their most notable investments are in Hex and Zepto.Their portfolio spans across United States, France, Saudi Arabia and 5 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 14 other sectors, across stages such as Series C, Series B and 2 more. Here is the list of top investments by avra:

1. Zepto

Retailer of groceries fresh produce household items and personal care. It delivers groceries, fresh produce, personal care items, electronics, and more to customers in minutes through a network of dark stores. Customers select items through an application for fulfillment and delivery. The operation manages a supply chain to distribute consumer goods directly to households.

Key facts about Zepto

Founded Year: 2021
Location: Bengaluru (India)
Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
Valuation: $*****
Stage: Series H
Total Funding till date: $2.29B
Employee Count: 40,578 as on Mar 31, 2026
Investors: Glade Brook Capital, Nexus Venture Partners and 189 Others
Latest Funding Round: Series H, Oct 16, 2025, $*****
Highlight: Editors' Pick

2. Render

Unified cloud platform for building, deploying, and managing scalable web applications. It is a unified cloud platform offering scalable infrastructure for building, running, and deploying web applications, with features including free SSL, global CDN, and automatic deploys from Git. The platform provides a range of services, including computing, networking, and storage, to support the development and deployment of modern web applications.

Key facts about Render

Founded Year: 2018
Location: San Francisco (United States)
Valuation: $*****
Stage: Series C
Total Funding till date: $258M
Employee Count: 228 as on Sep 30, 2026
Investors: Georgian, Addition and 10 Others
Latest Funding Round: Series C, Feb 17, 2026, $*****
Highlight: Editors' Pick

3. Mistral AI

Provider of customizable, open-source artificial intelligence models and solutions for various applications. It is a company specializing in open-source large language models and generative AI, providing cutting-edge language models for various applications.

Key facts about Mistral AI

Founded Year: 2023
Location: Paris (France)
Valuation: $*****
Stage: Series D
Total Funding till date: $6.54B
Employee Count: 1,759 as on Sep 30, 2026
Investors: Redpoint Ventures, BNP Paribas and 63 Others
Latest Funding Round: Series D, Sep 08, 2026, $*****
Highlight: Editors' Pick

4. Whatnot

App based platform offering collectibles through live videos. It offers a wide range of products, including sports cards, sneakers, luxury handbags, Funko Pops, Pokemon cards, streetwear, vinyl records, and more.

Key facts about Whatnot

Founded Year: 2019
Location: Los Angeles (United States)
Valuation: $*****
Stage: Series G
Total Funding till date: $1.52B
Employee Count: 2,186 as on Sep 30, 2026
Investors: CapitalG, Redpoint Ventures and 36 Others
Latest Funding Round: Series G, Aug 05, 2026, $*****
Highlight: Editors' Pick

5. PhotoRoom

Application for product and portrait photography. It allows users to remove the background, change the background, and showcase products. Users can create product images for e-commerce platforms, portrait photos, and profile pics for professional use, make collages, and add stickers. The application is available for iOS users. It is also developing an application for the Android platform. It monetizes through in-app purchases.

Key facts about PhotoRoom

Founded Year: 2019
Location: Paris (France)
Valuation: $*****
Stage: Series B
Total Funding till date: $64M
Employee Count: 701 as on Sep 30, 2026
Investors: Kima Ventures, Liquid 2 Ventures and 7 Others
Latest Funding Round: Series B, Dec 21, 2023, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

In 2025, it made 6 investments, while as of Jul 2026, it has made 4 investments in this year. Its most recent first time investment was in Chai Discovery and most recent follow-on round was in Decagon.

Here are avra's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	3	1	4
2025	5	1	6
2024	2	0	2

View all investments by avra

avra has made 5 investments in Series C stage with an average round size of $152M, 3 investments in Series B stage with an average round size of $43.5M, 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.

Here are avra's investments by stage:

Stage of entry	No. of Investments
Series C	5
Series B	3
Series E	1
Series F	1

Note: We have considered here, only first round of investments

View all investments by avra

avra has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, High Tech and Artificial Intelligence - Industry Applications. Notably, it has invested in 62 Tech companies, 58 Enterprise (B2B) companies, 56 Software companies and at least 35 companies focusing on Saas.

Here are avra's investments by sector:

Sector	No. of Investments
Enterprise Applications	8
Consumer	3
Enterprise Infrastructure	3
High Tech	3
Artificial Intelligence - Industry Applications	2
Others	10

Note: We have considered here, only first round of investments

View all investments by avra

avra has made most investments in United States (9), followed by India where it has made 1 investment.

Here are avra's investments by geography:

Country	No. of Investments
United States	9
India	1

Note: We have considered here, only first round of investments

View all investments by avra

avra has made 4 investments in 2026 so far. Chai Discovery and Moment are the latest among them.

Here are the most recent investments by avra:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jul 14, 2026	Chai Discovery	United States	Series C	9761	Index Ventures [+17]
May 19, 2026	Moment	United States	Series C	5787	Index Ventures [+1]
Apr 17, 2026	Mintlify	United States	Series B	6735	Andreessen Horowitz [+7]
Jan 28, 2026	Decagon	United States	Series D	8393	Coatue [+12]
Oct 16, 2025	Zepto	India	Series H	8873	Goodwater Capital [+12]

See more recent investments made by avra

avra has 20 unicorns in its portfolio - Hex, HappyRobot, Omni and others. The most recent unicorn in their portfolio is Hex. It became a unicorn in 2026, 1 years after avra first invested in it.

Here is a list of unicorns in avra's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
60	Hex	Provider of Collaborative notebooks for developing applications	2019	Enterprise Infrastructure [+1]	San Francisco	Series D	tum{xcx
59	HappyRobot	Developer of an AI operating system for autonomous business operations	2023	Consumer [+3]	San Francisco	Series C	{ixlemv
66	Omni	Business intelligence platform for businesses	2022	Enterprise Applications	San Francisco	Series C	arxzbpu
80	Render	Unified cloud platform for building, deploying, and managing scalable web applications	2018	Enterprise Infrastructure [+1]	San Francisco	Series C	owxfwfw
70	Chai Discovery	Developer of artificial intelligence models for de novo molecular design	2023	High Tech [+3]	San Francisco	Series C	lulkgem

View more details about unicorns in avra's portfolio

6 companies from avra's portfolio have been acquired. The most recent acquisition was Listen Labs in Sep 2026 by Salesforce for $*****.

Here are avra's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Listen Labs	Sep 29, 2026	-	-	5493
Anyscale	Jul 30, 2026	-	-	3455
PULPPO	Mar 02, 2026	-	-	4211
Replicate	Nov 18, 2025	-	-	8530
Prepared	Sep 23, 2025	-	-	9957

View all acquired companies in avra's portfolio

avra has a team of 7 members including 3 Partners located in United Kingdom and United States. avra's team does not sit on the board of any company as of now.

Here is a list of all team members in avra:

Name	Designation	Location	Board Memberships	Contact Details
Lucas Fox	Partner	San Francisco	-	1 Email
Anu Hariharan	Partner	-	-	-
Max Winston	Partner	United Kingdom	-	-

View team details of avra

Over the past 2 years, 283 investors have co-invested in avra's portfolio companies. This includes funds and angels.

Invested before avra: Andreessen Horowitz, Y Combinator and 94 others have invested in rounds before avra. There are 6 companies where Andreessen Horowitz has invested before avra and 5 companies where Y Combinator has invested before avra.
Top Co-investors of avra: 31 investors entered a company along with avra. These include investors like Avenir Growth Capital (1 company).
Invested after avra: A total of 156 investors have invested in avra's portfolio after their investments. Top Investors include T.Capital (2 companies) and General Catalyst (1 company).