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 289 active competitors, including 31 funded and 10 that have exited. Its top competitors include companies like OpenSpace, LocusView and Sensat.
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
- 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
Ranked
13th among 289 active competitors
Employee Count
2 as on May 31, 2026
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 | 4641501 | Series A | 9145655 | 3284750 | 6701031 | 4400845 |
Jul 10, 2019 | 4160788 | Seed | 5101378 | 3272596 | 5605462 | |
May 09, 2018 | 8411289 | Seed | 8504897 | 7354946 | 7327902 |
View details of Avvir's funding rounds and investors
Avvir's founders and board of directors
Founder? Claim ProfileThe 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:
- Vamsi Sai Kalasapudi: Co-Founder of Avvir. Contact Info: 1 email address
- Raffi Holzer: Co-Founder & CEO of Avvir. Contact Info: 1 email address
- Tira Odhner: Co-Founder of Avvir. Contact Info: 1 email address
View details of Avvir's Founder profiles and Board Members
Avvir's employee count trend
Avvir has 2 employees as of May 26. Here is Avvir's employee count trend over the years:
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Avvir's Competitors and alternates
Top competitors of Avvir include OpenSpace, LocusView and Sensat. Here is the list of Top 10 competitors of Avvir, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OpenSpace 2017, San Francisco (United States), Series D | Developer of visual intelligence software for construction project site monitoring | $199M | 72/100 | |
2nd | LocusView 2014, Chicago (United States), Acquired | Navigation-based workforce management solutions for the construction sector | $80M | 61/100 | |
3rd | Sensat 2017, London (United Kingdom), Series B | Developer of a platform providing digital twin solutions for infrastructure projects | $38.8M | 60/100 | |
4th | PassiveLogic 2016, Salt Lake City (United States), Series C | Provider of physical AI solutions for buildings and other infrastructure | $154M | 59/100 | |
5th | Provider of AI-powered analytics solutions for construction projects | $8.84M | 59/100 | ||
6th | HeadLight 2005, Seattle (United States), Series B | Photo-based inspection solution for the construction industry | $31.9M | 58/100 | |
7th | FJ Dynamics 2017, Shenzhen (China), Series B | Provider of robots and automated systems for multiple industries | $99.4M | 56/100 | |
8th | Kwant.ai 2014, New York City (United States), Seed | Developer of an AI enabled digital twin based construction analytics platform | $5.4M | 56/100 | |
9th | Bentley Systems 1984, Exton (United States), Public | Provider of cloud-based designing software for the construction industry | - | 55/100 | |
10th | Scanifly 2015, Cambridge (United States), Seed | Provider of a drone platform for solar system installations | $2.27M | 50/100 | |
13th | Avvir 2017, New York City (United States), Acquired | Provider of inspection management software for construction sites | $12.6M | 47/100 |
Looking for more details on Avvir's competitors? Click here to see the top ones
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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Avvir Joins Hexagon AB to Accelerate Product Growth and Industry AdoptionCsengineermag•Oct 12, 2022•Avvir, Hexagon
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Construction Photogrammetry Vendor Avvir Acquired by Hexagon ABforconstructionpros.com•Oct 11, 2022•Avvir
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Avvir Announces Enhanced Product Capabilities to Improve Construction Project Management and AnalysisCsengineermag•Mar 15, 2022•Avvir
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Avvir Launches Onsite, Turn-Key Reality Capture Services for the Construction IndustryCsengineermag•Feb 12, 2022•Avvir
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Avvir’s Bags $10 Million to Catch Construction Site Mistakes with AIReadITQuik•Mar 30, 2021•Avvir, Trust Ventures
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