About Avenue Capital Group
Avenue Capital Group is a venture capital firm founded in 1995. It is primarily based out of New York City, United States. As of Sep 2026, Avenue Capital Group is an active investor, having invested in 30 companies, with 4 new investments in the last 12 months. It primarily invests in Conventional Debt round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Conventional Debt round of Silk Overall, Avenue Capital Group portfolio has seen 3 unicorns, 5 IPOs and 2 acquisitions including key companies like Medanta, Grove and Kin. A lot of funds co-invest with Avenue Capital Group, with names like Bolt Ventures sharing a substantial percentage of its portfolio. Avenue Capital Group has team of 81 people including 11 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Conventional Debt, Series B & 8 more
Portfolio Acquisitions
Portfolio Soonicorns
Avenue Capital Group's List of Top Investments
Avenue Capital Group has a portfolio of 30 companies, including 3 unicorns. Their most notable investments are in Ambow Education and Men In Blazers.Their portfolio spans across United States, United Kingdom, Canada and 3 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 18 other sectors, across stages such as Conventional Debt, Series B and 8 more. Here is the list of top investments by Avenue Capital Group:1. Medanta
Chain of multi-super specialty healthcare hospitals. It specializes in Cardiac Surgery, Liver and Kidney Transplants, Robotic Surgeries in Cardiology, Urology, Neurology and Neurosciences, Paediatrics, Orthopaedics, and Gynecology, and advanced cancer treatments. It also provides online doctor consultations, appointment booking, pharmacy home delivery, home care, radiology, air ambulance, health checkup, and lab services.
Key facts about Medanta
- Founded Year: 2004
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $105M
- Employee Count: 5,760 as on Mar 31, 2025
- Investors: Temasek, Thecarlylegroup.fr and 11 Others
- Latest Funding Round: PE, Dec 18, 2013, $*****
- Highlight: Public
2. Grove
Online subscription-based platform providing cleaning products and beauty products. Its catalog includes home, skin care, oral care, hair care, perfumes & deodorants, and pet care products. The users can customize the curated boxes based on the preferences.
Key facts about Grove
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $527M
- Employee Count: 413 as on Aug 31, 2026
- Investors: Glynn Capital, TriplePoint Capital and 45 Others
- Latest Funding Round: Post IPO, Oct 14, 2024, $*****
- Highlight: Public
3. Kin
Online platform for homeowner insurance platform for individuals. It offers claims settlement services. It features a repair program for policyholders to rebuild homes. It offers insurance such as condo insurance, vacation home insurance, landlord insurance, and more. It also helps with insurance fraud.
Key facts about Kin
- Founded Year: 2016
- Location: Chicago (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $422M
- Employee Count: 736 as on Aug 31, 2026
- Investors: August Capital, Savano Capital Partners and 52 Others
- Latest Funding Round: Series E, Sep 08, 2025, $*****
- Highlight: Editors' Pick
4. Cosm
Provider of AR and VR immersive experiences solutions. They specialize in delivering experiences in sports,entertainment and education. They claim they combine physical and digital elements to produce engaging experiences.
Key facts about Cosm
- Founded Year: 2020
- Location: Los Angeles (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $350M
- Employee Count: 788 as on Aug 31, 2026
- Investors: Scottish American Investment Company, Sony Pictures and 5 Others
- Latest Funding Round: Series B, Jun 25, 2026, $*****
- Highlight: Editors' Pick
5. Silk
Cloud-based database performance optimization platform provider. The features of the solution include optimizing hybrid cloud & storage, provision & monitor IaaS & PaaS, real-time data reduction, zero-footprint clones, etc. It also provides data virtualization, data deduplication, data compression, etc.
Key facts about Silk
- Founded Year: 2008
- Location: Needham (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $263M
- Employee Count: 496 as on Jul 31, 2026
- Investors: Kreos Capital, West Coast Equity Partners and 25 Others
- Latest Funding Round: Conventional Debt, Sep 24, 2026, $*****
- Highlight: Editors' Pick
Avenue Capital Group's Year-on-Year Investment Trends
Avenue Capital Group has invested in 34 companies over the last 20 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 3 investments, while as of Sep 2026, it has made 4 investments in this year. Its most recent first time investment was in Silk and most recent follow-on round was in Ambow Education.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 3 | 0 | 3 |
2024 | 7 | 0 | 7 |
2023 | 2 | 0 | 2 |
2022 | 5 | 0 | 5 |
2021 | 5 | 0 | 5 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
Avenue Capital Group's Investments by Stage
Avenue Capital Group has made 7 investments in Conventional Debt stage with an average round size of $85.4M, 5 investments in Series B stage with an average round size of $96.5M and 5 investments in Venture Debt stage with an average round size of $35.6M.Stage of entry | No. of Investments |
|---|---|
Conventional Debt | 7 |
Series B | 5 |
Venture Debt | 5 |
Series C | 4 |
Series A | 3 |
Others | 6 |
Note: We have considered here, only first round of investments
Avenue Capital Group's Investments by Sector
Avenue Capital Group has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, HealthTech, Life Sciences and High Tech. Notably, it has invested in 18 Enterprise (B2B) companies, 18 Tech companies, 8 Software companies and at least 7 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 6 |
Enterprise Applications | 6 |
HealthTech | 5 |
Life Sciences | 5 |
High Tech | 4 |
Others | 35 |
Note: We have considered here, only first round of investments
Avenue Capital Group's Investments by Geography
Avenue Capital Group has made most investments in United States (20), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 20 |
United Kingdom | 3 |
Canada | 1 |
China | 1 |
India | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Avenue Capital Group's recent investments
Avenue Capital Group has made 4 investments in 2026 so far. Silk and Quartzy are the latest among them.Here are the most recent investments by Avenue Capital Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 24, 2026 | United States | Conventional Debt | 4407 | [+4] | |
Apr 13, 2026 | United States | Series C | 3496 | ||
Apr 09, 2026 | - | Series A | 3883 | [+4] | |
Mar 10, 2026 | United States | Venture Debt | 4079 | - | |
Apr 06, 2025 | United States | Venture Debt | 2566 | - |
Unicorns in Avenue Capital Group's Portfolio
Avenue Capital Group has 3 unicorns in its portfolio - Fruitist, Cosm and Kin. The most recent unicorn in their portfolio is Fruitist. It became a unicorn in 2025, 2 years after Avenue Capital Group first invested in it.Here is a list of unicorns in Avenue Capital Group's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Provider of non-GMO berries, including jumbo blueberries and snack packs | 2012 | Santa Cruz | Series D | wwgqs{o | ||
65 | Provider of AR and VR immersive experiences solutions | 2020 | Los Angeles | Series B | dqxasgf | ||
66 | Online platform for homeowner insurances for individuals | 2016 | Chicago | Series E | mootwqq |
IPOs and Publicly Listed companies in Avenue Capital Group's Portfolio
5 of Avenue Capital Group's portfolio companies have become public. Medanta got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Nov 2022 at marketcap of $1.1B and Grove got listed on the New York Stock Exchange (NYSE).Here are Avenue Capital Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 16, 2022 | Mar 25, 2006 | PE | 5625 | |
May 14, 2021 | Jan 04, 2023 | Venture Debt | 4469 | |
Sep 25, 2020 | Apr 06, 2025 | Venture Debt | 4382 | |
Apr 20, 2012 | Nov 15, 2017 | Post IPO | 1008 | |
Aug 05, 2010 | Oct 2007 | Series C | 8219 |
Acquired companies in Avenue Capital Group's Portfolio
2 companies from Avenue Capital Group's portfolio have been acquired. The most recent acquisition was Intellihot in Jul 2026 by Zurn Elkay for $*****.Here are Avenue Capital Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 20, 2026 | Dec 07, 2021 | Series B | 2821 | |
Apr 01, 2012 | Dec 07, 2018 | Series B | 8242 |
Team profile of Avenue Capital Group
Avenue Capital Group has a team of 81 members including 11 Partners and 37 Principals located in United States, United Kingdom and 5 more locations. Avenue Capital Group's team does not sit on the board of any company as of now.Here is a list of top team members in Avenue Capital Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | London | - | ||
Partner | Athens | - | ||
Partner | London | - | ||
Partner | New York City | - | ||
Partner | New York City | - | ||
Partner | - | - | ||
Partner | United States | - | - | |
Partner | Encinitas | - |
Co-investors of Avenue Capital Group
Over the past 20 years, 289 investors have co-invested in Avenue Capital Group's portfolio companies. This includes funds and angels.
- Invested before Avenue Capital Group: Mayfield, Coventure and 220 others have invested in rounds before Avenue Capital Group. There are 2 companies where Mayfield has invested before Avenue Capital Group and 2 companies where Coventure has invested before Avenue Capital Group.
- Top Co-investors of Avenue Capital Group: 40 investors entered a company along with Avenue Capital Group. These include investors like Bolt Ventures (2 companies).
- Invested after Avenue Capital Group: A total of 27 investors have invested in Avenue Capital Group's portfolio after their investments. Top Investors include Anant Investments (1 company), Volition Capital (1 company) and AllegisCyber Capital (1 company).
Recent News related to Avenue Capital Group
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Duffy Property secures €65m JV with Avenue Capital for Irish housing developmentProperty Week•Oct 05, 2026•Avenue Capital Group
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Silk Closes $45 Million Growth Capital Facility to Scale Data Layer for Agentic AINewswire•Sep 23, 2026•Silk AI, Avenue Capital Group, West Coast Equity Partners, Ibex Investors and 3 others
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ProducePay Secures Over $140 Million in Funding to Fuel Global GrowthPerishableNews.com•Sep 04, 2026•Thiele Capital Management, Avenue Capital Group, i80 Group, Millennium Management and 2 others
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Partners Group JV Lands $122M for Phoenix Logistics CampusCommercial Property Executive•Jun 24, 2026•Partners Group, Avenue Capital Group, JLL, ViaWest Group and 1 other
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AUBL Receives Series A Funding from Blue Pool Capital, Nan Fung Group, etc.Sina•Apr 11, 2026•HSG, Bolt Ventures, Nan Fung Group, Blue Pool Capital and 2 others
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Nitra Secures $187 Million to Automate Healthcare Practice OperationsPYMNTS.com•Mar 10, 2026•Nitra, Dunamu, Actions Capital, Avenue Capital Group and 6 others
