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Avvir - About the company

Avvir is an acquired company based in New York City (United States), founded in 2017 by Vamsi Sai Kalasapudi, Raffi Holzer and Tira Odhner. It operates as a Provider of inspection management software for construction sites. Avvir has raised $12.6M in funding from URBAN-X and Trust Ventures. The company has 213 active competitors, including 29 funded and 10 that have exited. Its top competitors include companies like OpenSpace, LocusView and SiteAware.

Company Details

Provider of inspection management software for construction sites. It uses laser scanners to verify construction and update building information models. It monitors the construction process, visualizes, analyses data, and creates reports.
Website
avvir.io
Social
X
Email ID
*****@jobs.workablemail.com
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Acquired
Total Funding
$12.6M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
2 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Hexagon (Oct 11, 2022)

Avvir's acquisition details

Avvir got acquired by Hexagon on Oct 11, 2022.
Click here to take a look at Avvir's acquisition in detail
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Avvir's funding and investors

Avvir has raised a total funding of $12.6M over 3 rounds. Its first funding round was on May 09, 2018. Its latest funding round was a Series A round on Mar 26, 2021 for $*****. 4 investors participated in its latest round. Avvir has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Avvir:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 26, 2021
1526993
Series A
3092679
4234593
5230871
5551008
Jul 10, 2019
7421977
Seed
4909610
7141841
4130836
May 09, 2018
5614654
Seed
1023250
9875928
6380795
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Avvir's founders and board of directors

Founder? Claim Profile
The founders of Avvir are Vamsi Sai Kalasapudi, Raffi Holzer and Tira Odhner. Raffi Holzer is the CEO of Avvir.
Here are the details of Avvir's key team members:

Avvir's employee count trend

Avvir has 2 employees as of Jun 26. Here is Avvir's employee count trend over the years:
Employee count trend for Avvir
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Avvir's Competitors and alternates

Top competitors of Avvir include OpenSpace, LocusView and SiteAware. Here is the list of Top 10 competitors of Avvir, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OpenSpace
OpenSpace
2017, San Francisco (United States), Series D
Developer of visual intelligence software for construction project site monitoring
$199M
71/100
2nd
Logo for LocusView
LocusView
2014, Chicago (United States), Acquired
Navigation-based workforce management solutions for the construction sector
$80M
61/100
3rd
Logo for SiteAware
SiteAware
2015, Houston (United States), Series B
Cloud-based project monitoring and site management solution
$30M
60/100
4th
Logo for PassiveLogic
PassiveLogic
2016, Salt Lake City (United States), Series C
Creator of the autonomous infrastructure platform
$154M
59/100
5th
Logo for CONXAI
CONXAI
2020, Karlsfeld (Germany), Series A
Provider of AI-powered analytics solutions for construction projects
$8.84M
59/100
6th
Logo for HeadLight
HeadLight
2005, Seattle (United States), Series B
Photo-based inspection solution for the construction industry
$31.9M
57/100
7th
Logo for FJ Dynamics
FJ Dynamics
2017, Shenzhen (China), Series B
Provider of robots and automated systems for multiple industries
$99.4M
56/100
8th
Logo for Bentley Systems
Bentley Systems
1984, Exton (United States), Public
Provider of cloud-based designing software for the construction industry
-
55/100
9th
Logo for Scanifly
Scanifly
2015, Cambridge (United States), Seed
Provider of a drone platform for solar system installations
$2.27M
50/100
10th
Logo for Sensat
Sensat
2017, London (United Kingdom), Series B
Developer of a platform providing digital twin solutions for infrastructure projects
$34.8M
49/100
11th
Logo for Avvir
Avvir
2017, New York City (United States), Acquired
Provider of inspection management software for construction sites
$12.6M
46/100
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Avvir's Investments and acquisitions

Avvir has made no investments or acquisitions yet.

Reports related to Avvir

Here is the latest report on Avvir's sector:

News related to Avvir

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