About Avara
Avara is a company based in London (United Kingdom) founded in 2017 by Stani Kulechov.. Avara has raised $31 million across 1 funding round from investors including Circle, Consensys and Alchemy. Avara operates in a competitive market with competitors including Chainlink, Space and Time, PARSIQ, Band Protocol and RedStone, among others.
- Headquarter London, United Kingdom
- Founders Stani Kulechov
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31 M (USD)
in 1 rounds
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Latest Funding Round
$31 M (USD), Series B
Dec 18, 2024
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Investors
Circle
& 17 more
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Employee Count
Employee Count
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Funding Insights of Avara
Avara has successfully raised a total of $31M through 1 strategic funding round. The most recent funding activity was a Series B round of $31 million completed in December 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 1
- Last Round Series B — $31.0M
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First Round
First Round
(18 Dec 2024)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series B - Avara | Valuation | Faction VC |
| 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 Avara
Avara has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Circle, Consensys and Alchemy. 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 and decentralized networks are targeted for venture capital investments.
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Founded Year | Domain | Location | |
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Blockchain sector focus is maintained by venture capital-backed accelerator.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund focused on blockchain projects.
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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 Avara
| 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 - Avara
| 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 |
Avara Comparisons
Competitors of Avara
Avara 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 Chainlink, Space and Time, PARSIQ, Band Protocol and RedStone, 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 |
Decentralized Oracle network to support smart contracts
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| domain | founded_year | HQ Location |
AI powered decentralised data warehouse platform
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| domain | founded_year | HQ Location |
Cryptocurrency research and blockchain monitoring services are offered.
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| domain | founded_year | HQ Location |
Token-curated communities are developed on an Ethereum-based platform.
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| domain | founded_year | HQ Location |
A decentralised oracle network is provided for blockchain data feeds.
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| domain | founded_year | HQ Location |
Online platform offering data infrastructure for decentralized ecosystems
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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 Avara
Frequently Asked Questions about Avara
When was Avara founded?
Avara was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Where is Avara located?
Avara is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Avara?
Stani Kulechov is the current CEO of Avara. They have also founded this company.
Is Avara a funded company?
Avara is a funded company, having raised a total of $31M across 1 funding round to date. The company's 1st funding round was a Series B of $31M, raised on Dec 18, 2024.
What does Avara do?
Avara was founded in 2017 in London, United Kingdom, within the blockchain and decentralized technology sector. Open-source protocols are developed, along with smart contract-enabled products and public goods. Blockchain technologies are incorporated into these offerings to support decentralized operations. The companys activities focus on creating accessible tools for distributed systems, with a base in the UK serving global users in the Web3 ecosystem.
Who are the top competitors of Avara?
Avara's top competitors include Chainlink, Space and Time and Band Protocol.