About Avatour
Avatour is a company based in San Mateo (United States) founded in 2018 by Devon Copley and Prasad Balasubramanian.. Avatour has raised $2.9 million across 1 funding round from investors including Plug and Play Tech Center, Ulu Ventures and Merus Capital. Avatour offers products and services including Avatour Platform, Live Collaboration, and Asynchronous Collaboration. Avatour operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Zoom, among others.
- Headquarter San Mateo, United States
- Founders Devon Copley, Prasad Balasubramanian
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Sectors
Technology
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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
$2.9 M (USD)
in 1 rounds
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Latest Funding Round
$2.9 M (USD), Seed
May 19, 2021
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Investors
Plug and Play Tech Center
& 4 more
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Employee Count
Employee Count
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Products & Services of Avatour
Avatour offers a comprehensive portfolio of products and services, including Avatour Platform, Live Collaboration, and Asynchronous Collaboration. 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.
Enables streaming of 360° video for remote site interactions
Facilitates live 360° video feeds for on-site virtual meetings
Allows access to pre-recorded videos and annotations remotely
Funding Insights of Avatour
Avatour has successfully raised a total of $2.9M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.9 million completed in May 2021. 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 — $2.9M
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First Round
First Round
(19 May 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - Avatour | Valuation | Ulu Ventures |
| 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 Avatour
Avatour has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Ulu Ventures and Merus 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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Seed-stage funding is provided to innovative founder teams.
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Founded Year | Domain | Location | |
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Seed and early-stage tech investments are made in the US.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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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 Avatour
| 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 - Avatour
| 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 |
Avatour Comparisons
Competitors of Avatour
Avatour 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 RingCentral, Dialpad, Fuze, Webex and Zoom, 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 |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Zoom is recognized for providing AI-first collaboration and communication solutions.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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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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Latest news on Avatour
Frequently Asked Questions about Avatour
When was Avatour founded?
Avatour was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Avatour located?
Avatour is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Who is the current CEO of Avatour?
Devon Copley is the current CEO of Avatour. They have also founded this company.
Is Avatour a funded company?
Avatour is a funded company, having raised a total of $2.9M across 1 funding round to date. The company's 1st funding round was a Seed of $2.9M, raised on May 19, 2021.
What does Avatour do?
Avatour was founded in 2018 in San Mateo, United States, as a virtual meeting platform focused on site visits within the technology sector. Remote collaboration on-site is enabled, with time and costs reduced through its solutions. Independent view control is allowed for remote participants during navigation. 360-degree tours, inspections, and other activities are recorded and uploaded by users for sharing and review.
Who are the top competitors of Avatour?
Avatour's top competitors include Dialpad, Webex and RingCentral.
What products or services does Avatour offer?
Avatour offers Avatour Platform, Live Collaboration, and Asynchronous Collaboration.
Who are Avatour's investors?
Avatour has 5 investors. Key investors include Plug and Play Tech Center, Ulu Ventures, Merus Capital, 500 Global, and Ntt Docomo Ventures.