About avra
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 64 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, avra has 20 unicorns under its belt and has witnessed 5 portfolio exits. Most notable companies in
its portfolio include Mistral AI, Render and Zepto. The program is backed by a team of 6 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
Sectors of Investment
Stages of Investment
Series C, Series B & 2 more
Locations of Investment
Unicorn in Portfolio
avra's List of Top Investments
avra has a portfolio of 64 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 13 other sectors, across stages such as Series C, Series B and 2 more. Here is the list of top investments by avra:1. 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
_1556271130480.png?format=webp&height=120&width=120){kind=logo}
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: 206 as on Jun 30, 2026
- Investors: Georgian, Bessemer Venture Partners and 10 Others
- Latest Funding Round: Series C, Feb 17, 2026, $*****
- Highlight: Editors' Pick
3. 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: $2.34B
- Employee Count: 40,578 as on Mar 31, 2026
- Investors: Glade Brook Capital, Nexus Venture Partners and 164 Others
- Latest Funding Round: Series H, Oct 16, 2025, $*****
- Highlight: Editors' Pick
4. 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: 694 as on Jun 30, 2026
- Investors: Y Combinator, Balderton Capital and 7 Others
- Latest Funding Round: Series B, Dec 21, 2023, $*****
- Highlight: Editors' Pick
5. 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: Marina Del Rey (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $975M
- Employee Count: 1,977 as on Jun 30, 2026
- Investors: CapitalG, Bond Capital and 29 Others
- Latest Funding Round: Series F, Oct 15, 2025, $*****
- Highlight: Editors' Pick
avra's Year-on-Year Investment Trends
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.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 1 | 4 |
2025 | 5 | 1 | 6 |
2024 | 2 | 0 | 2 |
avra's Investments by Stage
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.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
avra's Investments by Sector
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.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
avra's Investments by Geography
avra has made most investments in United States (9), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 9 |
India | 1 |
Note: We have considered here, only first round of investments
avra's recent investments
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 listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 14, 2026 | United States | Series C | 1379 | [+17] | |
May 19, 2026 | United States | Series C | 2365 | [+1] | |
Apr 17, 2026 | United States | Series B | 3978 | [+7] | |
Jan 28, 2026 | United States | Series D | 2650 | [+12] | |
Oct 16, 2025 | India | Series H | 1468 | [+11] |
Unicorns in avra's Portfolio
avra has 20 unicorns in its portfolio - HappyRobot, Omni, Render and others. The most recent unicorn in their portfolio is HappyRobot. It became a unicorn in 2026.Here is a list of unicorns in avra's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Developer of an AI operating system for autonomous business operations | 2023 | San Francisco | Series C | aw{tlbw | ||
65 | Business intelligence platform for businesses | 2022 | San Francisco | Series C | nmipqhv | ||
79 | Unified cloud platform for building, deploying, and managing scalable web applications | 2018 | San Francisco | Series C | qhkklju | ||
69 | Developer of artificial intelligence models for de novo molecular design | 2023 | San Francisco | Series C | n{h{siz | ||
64 | Developer of agentic software for automating complex legal work tasks | 2023 | Stockholm | Series D | wbqtrwb |
Acquired companies in avra's Portfolio
5 companies from avra's portfolio have been acquired. The most recent acquisition was Anyscale in Jul 2026 by Nscale for $*****.Here are avra's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 30, 2026 | - | - | 2928 | |
Mar 02, 2026 | - | - | 7531 | |
Nov 18, 2025 | - | - | 6931 | |
Sep 23, 2025 | - | - | 9781 | |
Sep 18, 2025 | - | - | 2126 |
Team profile of avra
avra has a team of 6 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 |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | - | - | - | |
Partner | United Kingdom | - | - |
Co-investors of avra
Over the past 2 years, 254 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 7 companies where Andreessen Horowitz has invested before avra and 5 companies where Y Combinator has invested before avra.
- Top Co-investors of avra: 30 investors entered a company along with avra. These include investors like Georgian (1 company).
- Invested after avra: A total of 128 investors have invested in avra's portfolio after their investments. Top Investors include T.Capital (2 companies) and General Catalyst (1 company).
Recent News related to avra
•
Moment Raises $78 Million Series C for its AI Operating System for Investment ManagementGlobeNewswire•May 19, 2026•Moment, Index Ventures, Moment, Andreessen Horowitz and 1 other
•
Decagon AI secures $250M at $4.5B valuation to expand AI concierge platformSiliconAngle•Jan 29, 2026•Decagon, Block, Avis Budget Group, Affirm and 16 others
•
Zepto nears $450 million funding at $7 billion valuation led by US pension fund CalpersMoneycontrol•Oct 01, 2025•avra, Glade Brook Capital, StepStone Group, Avenir Growth Capital and 5 others
•
Hex Raises $70M to Expand AI Data Analytics PlatformSiliconAngle•May 29, 2025•Hex, avra, Andreessen Horowitz, Amplify Partners and 1 other
•
Method Raises $41.5 Million Series B Led by Emergence Capital to Expand Financial Account Connectivityintelligence360•Feb 06, 2025•Method, Emergence Capital, Samsung NEXT, avra and 3 others
•
Method Raises $41.5 Million to Build Consumer-Permissioned Financial ConnectivityPYMNTS.com•Jan 24, 2025•Method, Emergence Capital, Samsung NEXT, Andreessen Horowitz and 3 others
•
Method Raises $41.5M in Series B FundingFinSMEs•Jan 23, 2025•Method, Emergence Capital, avra, Samsung NEXT and 3 others
•
Render Receives $80M in Series C FundingFinSMEs•Jan 21, 2025•Render, 01 Advisors, Bessemer Venture Partners, General Catalyst and 4 others
•
Live shopping specialist Whatnot bags $265 million in Series E funding with valuation hitting $4.97 billionRetail Technology Innovation Hub•Jan 08, 2025•Whatnot, Greycroft, DST Global, avra
•
Top startups raise big bucks in 2024: From Zepto to Meesho, new-age firms see rise in fundingStoryboard18•Dec 26, 2024•avra, Glade Brook Capital, General Catalyst, Epiq Capital and 1 other
