Avarra raised $8M in a Series A funding round led by Lightspeed Venture Partners to launch an AI-based avatar sales training application.
Amount Raised
$8 Million
Round Type
Series A
San MateoInformation TechnologySoftwareArtificial IntelligenceMachine LearningInvestors
Description
Avarra has raised $8 million to develop its first AI-avatar-based enterprise application aimed at training sales professionals. The funding, led by Lightspeed Venture Partners, will enhance Avarra's simulation platform, leveraging AI to provide in-depth coaching for sales teams.
Quick answer
Avarra raised $8 Million in a Series A round, dated October 3, 2024. Investors: GTM Fund, Firsthand Alliance, John W. Thompson and Lightspeed Venture Partners. Avarra is based in San Mateo, California, United States.
- How much did Avarra raise?
- Avarra raised $8 Million in a Series A round on October 3, 2024.
- Who invested in Avarra?
- GTM Fund, Firsthand Alliance, John W. Thompson and Lightspeed Venture Partners are named as investors in this round.
- What does Avarra do?
- At Avarra we believe that the emergence and convergence of large-language models and 3d-avatar technologies is going to enable an entirely new generation of enterprise applications.
- Where is Avarra based and how big is it?
- Avarra is based in San Mateo, California, United States. Fundz records about 554 employees.
- Who are the decision-makers at Avarra?
- Fundz holds 1 contact at Avarra. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as Avarra that raised within 45 days of this round, from Fundz verified event records.
Who to call at Avarra, and when
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