About AAVAA
AAVAA is a company based in Montreal (Canada) founded in 2019 by Naeem Komeilipoor.. AAVAA has raised $2 million across 1 funding round from investors including Anges Québec and AQC Capital. AAVAA offers products and services including AAVAA Glasses, AAVAA Headband, and AAVAA Headphones. AAVAA operates in a competitive market with competitors including Emotiv, OpenBCI, EmSense Corporation, Bo Rui Kang Technology and S.I.E SOLUTIONS, among others.
- Headquarter Montreal, Canada
- Founders Naeem Komeilipoor
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Aavaa Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Feb 15, 2023
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Investors
Anges Québec
& 1 more
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Employee Count
Employee Count
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Products & Services of AAVAA
AAVAA offers a comprehensive portfolio of products and services, including AAVAA Glasses, AAVAA Headband, and AAVAA Headphones. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Glasses for hands-free device control using head movements.
Headband enabling clicks via blinks for device interaction.
Headphones for ergonomic, accurate hands-free operations.
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Funding Insights of AAVAA
AAVAA has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(15 Feb 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Seed - AAVAA | Valuation | Anges Quebec , AQC Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AAVAA
AAVAA has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Anges Québec and AQC Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel investment network supporting innovative entrepreneurs in Canada.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AAVAA
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AAVAA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aavaa Comparisons
Competitors of AAVAA
AAVAA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Emotiv, OpenBCI, EmSense Corporation, Bo Rui Kang Technology and S.I.E SOLUTIONS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of wireless EEG headsets and software solutions
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| domain | founded_year | HQ Location |
Open-source brain-computer interfaces are provided for biosensing and neurofeedback.
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| domain | founded_year | HQ Location |
Brainwave cognition and physiological responses are measured via headset.
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| domain | founded_year | HQ Location |
Provider of wireless EEG systems
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| domain | founded_year | HQ Location |
Human-machine interface platforms are developed for various industrial applications.
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| domain | founded_year | HQ Location |
Wearable EEG devices for brainwave biofeedback are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AAVAA
When was AAVAA founded?
AAVAA was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is AAVAA located?
AAVAA is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of AAVAA?
J Barclay Knapp is the current CEO of AAVAA.
Is AAVAA a funded company?
AAVAA is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Feb 15, 2023.
What does AAVAA do?
AAVAA was founded in 2019 in Montreal, Canada, within the medical technology sector. Bionic ear devices are developed as hearing impairment correction solutions. Advancements in multiple fields are fused to enable user control over the devices. Noise reduction features are also incorporated into the platform. Operations focus on innovative auditory solutions for users in need.
Who are the top competitors of AAVAA?
AAVAA's top competitors include Emotiv, Bo Rui Kang Technology and EmSense Corporation.
What products or services does AAVAA offer?
AAVAA offers AAVAA Glasses, AAVAA Headband, and AAVAA Headphones.
Who are AAVAA's investors?
AAVAA has 2 investors. Key investors include Anges Québec, and AQC Capital.