About AVATR
AVATR is a company based in Chongqing (China) founded in 2018 by Mahendra S. AVATR has raised $1.92 billion across 5 funding rounds from investors including Changan Automobile Company, Bank of Communications and SDIC. The company has 28 employees. AVATR operates in a competitive market with competitors including Polestar, NIO, Tesla, Fisker and Xiaopeng, among others.
- Total Equity Funding$1.92B (USD)
in 5 rounds
- Latest Funding Round$1.51B (USD), Series C
Dec 2024
- InvestorsChangan Automobile Company
& 17 more
- Employee Count28
Apps and channels of AVATR
AVATR publishes 1 mobile app.
Funding Insights of AVATR
AVATR has successfully raised a total of $1.92B across 5 strategic funding rounds. The most recent funding activity was a Series C round of $1.51 billion 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 $1.92B
- Total Rounds 5
- Last Round Series C — $1.51B
- Investors Count 18
All 5 funding rounds of AVATR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $1.51B | Series C | – | – | |
| Aug 2023 | $410M | Series B | $2.76B | Bank of Communications | |
| Aug 2022 | – | Series A | – | National Green Development Fund | |
| Apr 2022 | – | Series A | – | National Green Development Fund | |
| Mar 2022 | – | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $2.76B | •••••••• |
Last known valuation $2.76B (Aug 2023). 18 investors in total: 18 institutional.
Investors in AVATR
AVATR has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Changan Automobile Company, Bank of Communications and SDIC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | cqyfkgjt.com | - | |
- | – | lj-fund.com | - | |
- | – | chinamerchantsjintai.tcc.mode | - | |
- | – | ccgt.com.cn | - | |
PE firm investing in China | – | cmcapital.com.cn | Shenzhen, China | |
- | – | weihaochuangxin.tcc.mode | - | |
- | – | southerncapital.com.cn | - | |
Investment holding company | 1995 | sdic.com.cn | Beijing, China | |
Manufacturer of automotive products | 1862 | globalchangan.com | Chongqing, China | |
- | – | bocominvestment.tcc.mode | - |
Investor details for AVATR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of AVATR
1 people are tracked at AVATR (1 in leadership); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Mahendra S | Founder & CEO | Leadership |
Complete people profiles for AVATR
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of AVATR
4 dated milestones of AVATR across 6 years, from founding to its latest funding, stage changes and deals.
- Founded AVATR is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series C, of $1.5B.
Competitors of AVATR
AVATR 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 Polestar, NIO, Tesla, Fisker and Xiaopeng, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| polestar.com | 1996 | Gothenburg, Sweden | $550M | – | Electric vehicles are manufactured and developed by Polestar. | |
| nio.com | 2014 | Shanghai, China | $1.1B | 38,820 | AI-enabled electric vehicles and battery-swapping systems are developed by NIO. | |
| tesla.com | 2003 | Austin, United States | $583.76M | 125,665 | Electric vehicles and solar energy products are manufactured. | |
| fiskerinc.com | 2007 | Los Angeles, United States | $1.11B | 1,195 | Electric vehicles are manufactured and leased by Fisker Inc. | |
| xiaopeng.com | 2014 | Guangzhou, China | $2.65B | 13,550 | AI-enabled electric cars are developed and manufactured by Xiaopeng. | |
| lixiang.com | 2015 | Beijing, China | $1.58B | 6,726 | Electric SUVs are manufactured in Beijing, China. | |
| ninebot.com | 2012 | Beijing, China | $240M | – | Multi-category electric vehicles and robots are manufactured by Segway-Ninebot. | |
| wm-motor.com | 2015 | Shanghai, China | $4.62B | – | Electric vehicles including SUVs and sedans are manufactured and sold. | |
| sonomotors.com | 2013 | Munich, Germany | $120.09M | 409 | Developer of a solar-powered electric car | |
| aptera.us | 2005 | Carlsbad, United States | $83.45M | 91 | Solar-powered electric vehicles are manufactured by Aptera Motors. |
Detailed competitors of AVATR
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of AVATR
The website of AVATR (avatr.com) receives about 391.4K visits a month and ranks #96,957 among all websites worldwide, #1,984 in Vehicles.
- Monthly visits391.4K
▲ 0.8% vs previous month
- Unique visitors111.6K
per month
- Global rank#96,957
among all websites
- Category rank#1,984
Vehicles · Vehicles
- Bounce rate33%
- Pages per visit5.5
- Average visit4 min 41 sec
- DevicesDesktop 63% · Mobile 37%
Websites whose visitors overlap most with AVATR. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| autohome.com.cn | 100% | 17M | #1,465 | View details | |
| dongchedi.com | 90% | 5.6M | #4,724 | View details | |
news.yiche.com | news.yiche.com | 84% | – | #149,425 | – |
deepal.com.cn | deepal.com.cn | 80% | – | #628,061 | – |
exeedcars.com | exeedcars.com | 78% | – | #1,040,123 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 37 similar websites and full traffic analytics for AVATR
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 37 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Avatr
Complete news archive for AVATR
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to AVATR
10 companies that operate in the same segment as AVATR (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about AVATR
AVATR was founded in 2018 and raised its 1st funding round 4 years after it was founded.
AVATR is headquartered in Chongqing, China.
Mahendra S is the current CEO of AVATR. They have also founded this company.
AVATR is a funded company, having raised a total of $1.92B across 5 funding rounds to date.
AVATR has 28 employees.
Manufacturer of electric cars. The company also develops electric vehicles, smart car solutions, energy ecology systems, and more.
AVATR's top competitors include Polestar, Beijing Che Lixing Information Technology and Fisker.
AVATR has 18 investors. Key investors include Changan Automobile Company, Bank of Communications, SDIC, Changan Automobile, and 南方资本管理有限公司.
The valuation of AVATR is $2.76B as of Aug 2023.
AVATR operates through Avatr Gmbh.
Yes. AVATR publishes 阿维塔.
The website of AVATR receives about 391 thousand visits a month and ranks #96,957 among all websites worldwide.