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Avid Ventures

@avidvc

Avid Ventures is an early-stage venture firm that helps exceptional founders build and scale transformative companies through hands-on, bespoke support.
Joined February 2020
323 Following 620 Followers 104 Posts

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Avid Ventures @avidvc
We are thrilled to announce our $87M Fund II to continue to back exceptional software & fintech founders. Thank you to our incredible LPs, co-investors, & visionary founders for making this milestone possible.

And thank you @agarfinks @fortunemagazine!

fortune.com/2024/09/19/avi…
fortune.com Exclusive: Avid Ventures raises $87 million second fund | Fortune Avid Ventures has raised $87 million for its second fund, Fortune can exclusively report.
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Avid Ventures @avidvc
Congratulations @neckelthomas and team @LedgerAPI !! We are thrilled to be your partner on this journey in building Fragment.
thomas neckel Verified account @neckelthomas Jul 22, 2024
Fintech has a ledger problem. We raised $9 million from @stripe , @BoxGroup and angels like @zachperret , @cjc ,@gokulr , @jaltma, @Emiliechoi__ and @thefintechfund to solve it.
techcrunch.com/2024/07/22/dig…
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Avid Ventures @avidvc
Since we backed @magnus_majority in @thisismajority's Seed >3y ago, the company has rapidly grown revenue (to $40M+) & subscribers while delivering on its mission to empower migrants in the U.S. Very excited to announce our additional investment! techcrunch.com/2024/05/22/maj…
techcrunch.com Immigrant banking platform Majority secures $20M following 3x revenue growth | TechCrunch For a $5.99 per month, immigrants have a bank account and debit card with fee-free international money transfers and discounted international calling.
Avid Ventures @avidvc
Congratulations @mrdksimon and the @coastpayments team on your impressive growth, compelling unit economics, and strong customer love as you deliver a modern fleet card and financial management solution for commercial fleets.

techcrunch.com/2024/03/21/fin…
techcrunch.com VCs double down on fintech Coast, which aims to be the Brex for 'real-world' industries | TechCru... BoxGroup and Avid Ventures co-led Coast's $25 million equity raise. The startup also secured $67 million in a debt commitment.
Addie Lerner Katz Verified account @addielerner Mar 21, 2024
Congrats @mrdksimon + @coastpayments! This @AvidVc Double Down investment makes Coast one of Avid's largest positions. Looking forward to all that is to come from this special team building a magical product for real-world fleets @bayareawriter @TechCrunch techcrunch.com/2024/03/21/fin…
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