About Avantis
Avantis is a company based in New York (United States) founded in 2023 by Brank and Harsehaj Singh. It operates as a FinTech, and Commission-Based. Avantis has raised $16 million across 2 funding rounds from investors including Galaxy, Base and Pantera Capital. Avantis offers products and services including Avantis Derivatives Exchange and Avantis SDK. Avantis operates in a competitive market with competitors including Synthetix, Drift, Perpetual Protocol, Blofin and Bonfida, among others.
- Headquarter New York, United States
- Founders Brank, Harsehaj Singh
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Jun 10, 2024
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Investors
Galaxy
& 4 more
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Employee Count
Employee Count
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Products & Services of Avantis
Avantis offers a comprehensive portfolio of products and services, including Avantis Derivatives Exchange and Avantis SDK. 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.
A platform for trading crypto and RWAs derivatives.
Tools for integrating real-time trading and price feeds.
Funding Insights of Avantis
Avantis has successfully raised a total of $16M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in June 2024. 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 Series A — $12.0M
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First Round
First Round
(07 Sep 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Avantis | Valuation |
investors |
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| Sep, 2023 | Amount | Seed - Avantis | Valuation | Pantera Capital |
| 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 Avantis
Avantis has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Galaxy, Base and Pantera 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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Blockchain-focused investment funds and venture capital are provided.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital and investment management are provided.
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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 Avantis
| 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 - Avantis
| 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 |
Avantis Comparisons
Competitors of Avantis
Avantis 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 Synthetix, Drift, Perpetual Protocol, Blofin and Bonfida, 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 |
Derivatives liquidity protocol
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| domain | founded_year | HQ Location |
Cryptocurrency futures and options trading solutions are offered.
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| domain | founded_year | HQ Location |
Online trading platform for cryptocurrency
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| domain | founded_year | HQ Location |
Cryptocurrency futures and perpetual contracts are traded via Blofin's platform.
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| domain | founded_year | HQ Location |
Blockchain-based trading network for Solana
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Avantis
Frequently Asked Questions about Avantis
When was Avantis founded?
Avantis was founded in 2023.
Where is Avantis located?
Avantis is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Avantis?
Harsehaj Singh is the current CEO of Avantis. They have also founded this company.
Is Avantis a funded company?
Avantis is a funded company, having raised a total of $16M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Sep 07, 2023.
What does Avantis do?
Avantis is established as the largest derivatives exchange on the Base network, focusing on real-world assets (RWAs) and crypto assets. Trading solutions for crypto, forex, metals, commodities, and indices are provided directly from users wallets. Features like loss protection rebates, positive slippage, and optimized returns for liquidity providers are included. The native token AVNT is utilized for protocol incentives, trader rewards, and governance. Development tools through Avantis SDK are offered to empower builders and traders with real-time data and fast trade execution.
Who are the top competitors of Avantis?
What products or services does Avantis offer?
Avantis offers Avantis Derivatives Exchange and Avantis SDK.
Who are Avantis's investors?
Avantis has 5 investors. Key investors include Galaxy, Base, Pantera Capital, Founders Fund, and Modulor Capital.