About Avado
Avado is a company based in Seattle (United States) founded in 2010 was acquired by WebMD in October 2013.. Avado has raised $1 million across 2 funding rounds from investors including WebMD and StartUp Health. Avado operates in a competitive market with competitors including Healthjump, Solace Health, Medfusion, Sesame Communications and InteliChart, among others.
- Headquarter Seattle, United States
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Avado
Avado has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in May 2013. 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 2
- Last Round Seed — $300,000
-
First Round
First Round
(01 Mar 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Seed - Avado | Valuation |
investors |
|
| Mar, 2013 | Amount | Angel Round - Avado | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Avado
Avado has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include WebMD and StartUp Health. 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 |
|---|---|---|---|---|
|
Online information platform of health and wellness
|
Founded Year | Domain | Location | |
|
Provider of online health-related information and learning platform for patients and providers
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Avado
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Avado
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avado Comparisons
Competitors of Avado
Avado 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 Healthjump, Solace Health, Medfusion, Sesame Communications and InteliChart, 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 |
Medical Record keeping and engagement platform
|
|
| domain | founded_year | HQ Location |
Patients are connected to health advocates through a healthcare platform.
|
|
| domain | founded_year | HQ Location |
Cloud-based patient portals are offered to healthcare providers.
|
|
| domain | founded_year | HQ Location |
Cloud-based patient engagement is delivered for dental practices.
|
|
| domain | founded_year | HQ Location |
Information exchange platform for physicians, hospitals, and patients
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Avado
When was Avado founded?
Avado was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is Avado located?
Avado is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Avado a funded company?
Avado is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $700K, raised on Mar 01, 2013.
What does Avado do?
Avado was founded in 2010 in Seattle, United States, within the healthcare technology sector. A cloud-based Patient Relationship Management solution is provided to enable communication between clinicians and patients while health information is managed. Personal health data from patients is aggregated, and systems of trackers and reminders are included to monitor upcoming bills and appointments. Acquisition by WebMD occurred in October 2013.
Who are the top competitors of Avado?
Avado's top competitors include Solace Health, InteliChart and Healthjump.
Who are Avado's investors?
Avado has 2 investors. Key investors include WebMD, and StartUp Health.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.