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Avoli raised $2.1M in a funding round led by various angel investors to support working capital and growth initiatives.

Aug 07, 2024over 1 year ago

Amount Raised

$2.1 Million

PortlandManufacturingOther

Investors

Pete SaperstoneBlythe JackHo Nam

Description

Avoli, dedicated to the performance needs of women and girl volleyball athletes, closed its initial funding round which raised over $2.1M. The funds will support strategic hires, brand marketing, and expanding footwear availability.

Company Information

Company

Avoli

Location

239 NW 13th Ave.

Portland, Oregon, United States

About

Born in Portland, Oregon, Avoli (“Ah-Volley”) is the only brand dedicated solely to the needs and aspirations of women and girl volleyball athletes. Founded in 2023, Avoli creates volleyball footwear, apparel and equipment designed specifically to meet the needs of women and girl athletes on the volleyball court, while amplifying the culture of volleyball.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers