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Avataar is a 3D AI company that helps large enterprise customers create immersive and interactive shopping experiences for their end consumers. Avataar’s vision is to bridge the gap between offline-online experiences by replacing the current 2D visuals with life-size and hyper-realistic 3D XR/AR experiences.
Avataar’s use of AR technology brings spatial depth to the onscreen buying/browsing experience - delivering life-like photorealism, mobile responsiveness, interactivity and personalization – key influences re-shaping the digital commerce industry today.
Avataar's sector-agnostic platform enables scalable product discovery, giving brands and stores the opportunity to change the way consumers discover and engage with their products online. We work with e-commerce, consumer electronics, auto OEMs and FMCG majors across the US, India and Southeast Asia - driving significant RoI outcomes for marquee brands across these sectors by empowering XR & AR consumer experiences across all their touchpoints - social, web, and in-app.
Avataar’s use of AR technology brings spatial depth to the onscreen buying/browsing experience - delivering life-like photorealism, mobile responsiveness, interactivity and personalization – key influences re-shaping the digital commerce industry today.
Avataar's sector-agnostic platform enables scalable product discovery, giving brands and stores the opportunity to change the way consumers discover and engage with their products online. We work with e-commerce, consumer electronics, auto OEMs and FMCG majors across the US, India and Southeast Asia - driving significant RoI outcomes for marquee brands across these sectors by empowering XR & AR consumer experiences across all their touchpoints - social, web, and in-app.
Overview
Location
India, Karnataka, Bengaluru
Employees
201-500
Total raised
$45M
Founded date
2014
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 21
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| May 22, 2023 | Avataar Ventures, Valuation Slips led $20 M funding secured by Chalo | Chalo, a company that offers bus tracking and ticketing services, has received $20 million from Avataar Ventures. This is the company’s first investment round for 2023. According to its regulatory filing in Singapore, the board of directors... |
| Oct 17, 2022 | Avataar Venture Partners Launches $350 Mn Fund II To Back B2B, SaaS Startups | Avataar Venture Partners, a VC fund focussed on SaaS and B2B startups, has launched Fund II with a target size of $350 million. The new fund will invest in 12-15 growth-stage startups operating via business-to-business (B2B) and software-as... |
| Oct 17, 2022 | Avataar Venture Partners launches $350 million Fund II to back SaaS and B2B tech startups | Software-as-a-Service (SaaS)-focused growth stage fund Avataar Venture Partners has launched Fund II with a target size of up to $350 million. The fund also had its first close with institutional investors from the US, Europe, and the Middl... |
| Oct 17, 2022 | Avataar Venture Partners launches second fund of $350 million | ETtech(L to R): Mohan Kumar, founder & managing partner, Avataar Venture Partners & Nishant Rao, founding partner, Avataar Venture Partners Avataar Venture Partners, which has backed unicorn software startups such as Amagi, Zenoti a... |
| Oct 17, 2022 | SaaS Focused Growth-Stage VC Firm Avataar Venture Launches $350 Mn Fund | Avataar Venture said the fund had its first close with participation of marquee institutional investors from the US, Europe, and the Middle East Avataar Venture has also started investing from its new fund and is in discussions with several... |
| Oct 17, 2022 | Avataar Venture Partners launches $350M Fund II | Avataar Venture Partners, the venture capital fund focussed on SaaS and B2B startups, has announced the launch of Fund II with a target size of $350 million. The VC fund has said that it has made its first close with institutional investors... |
| Oct 17, 2022 | Avataar Venture Partners launches new fund, with a target size of $350 mn | Avataar Venture Partners, a technology focussed growth-stage investor, said it has launched its latest fund with a target size of $350 million. The fund had its first close with marquee institutional investors from the US, Europe, and the W... |
| Jan 10, 2022 | Avataar brings in $45M Series B | Avataar has raised $45 million in a round co-led by Tiger Global and Sequoia. With offices in San Francisco and Bengaluru, Avataar provides tech that helps brands and ecommerce marketplaces integrate augmented reality into their websites an... |
| Jan 7, 2022 | Avataar Raises $45 Million in Series B Funding From Tiger Global and Sequoia Capital India | Avataar, a leading AI and Computer Vision platform focused on spatial visual discovery, today announced a $45 million Series B funding round led by Tiger Global with co-participation from existing investor Sequoia Capital India. The financi... |
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FAQ about Avataar
When was Avataar founded?
Avataar was founded in 2014.
How much funding has Avataar raised?
Avataar has raised $45M in total across 1 funding round.
What has the press written about Avataar?
Parsers VC has collected 21 articles mentioning Avataar, among them “Avataar Ventures, Valuation Slips led $20 M funding secured by Chalo” (May 22, 2023) and “Avataar Venture Partners Launches $350 Mn Fund II To Back B2B, SaaS Startups” (Oct 17, 2022).
Is Avataar still active?
Yes, Avataar is active; its latest activity on Parsers VC dates from Jun 1, 2023.