Avaz

Palo Alto, United States Founded: 2006 • Age: 20 yrs
Speech therapy app for autism and people suffering from communication disorder
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About Avaz

Avaz is a company based in Palo Alto (United States) founded in 2006.. Avaz has raised $550 thousand across 1 funding round from investors including Mumbai Angels, Athera Venture Partners and Rajan Anandan. Avaz offers products and services including Avaz AAC, Avaz Reader, and Avaz FreeSpeech. Avaz operates in a competitive market with competitors including ParentSquare, ClassTag, Sdui, Remind and Kaymbu, among others.

  • Headquarter Palo Alto, United States
  • Sectors
    Healthcare
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Invention Labs Engineering Products Private Limited
  • Date of Incorporation 31 Jul, 2007
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Healthcare → Health Technology & Digital Health → →
Education → Education Technology (EdTech) → →
Key Metrics
  • Annual Revenue
    $317.2 K (USD)
    178.26
    as on Mar 31, 2022
  • Net Profit
    $34.27 K (USD)
    385.61
    as on Mar 31, 2022
  • EBITDA
    $54.85 K (USD)
    478.93
    as on Mar 31, 2022
  • Total Equity Funding
    $550 K (USD)

    in 1 rounds

  • Latest Funding Round
    $550 K (USD), Seed

    Apr 21, 2014

  • Investors
    Mumbai Angels

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of Avaz

Avaz offers a comprehensive portfolio of products and services, including Avaz AAC, Avaz Reader, and Avaz FreeSpeech. 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.

Primary

App for picture-based communication for users with speech impairments.

Tool for building literacy skills in special needs individuals.

Platform for expressing thoughts and emotions through symbols.

Funding Insights of Avaz

Avaz has successfully raised a total of $550K through 1 strategic funding round. The most recent funding activity was a Seed round of $550 thousand completed in April 2014. 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 Rounds 1
  • Last Round Seed — $550,000
  • First Round

    (21 Apr 2014)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2014 Amount Seed - Avaz Valuation Mumbai Angels , Athera
Rajan Anandan , Raju Reddy
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Avaz

Avaz has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Mumbai Angels, Athera Venture Partners and Rajan Anandan. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Mumbai Angels
Early-stage venture investments are facilitated by Mumbai Angels network.
Founded Year Domain Location
Athera Venture Partners
Early-stage venture capital investments are provided by Athera.
Founded Year Domain Location

Rajan Anandan
Managing Director at Peak XV, ex-Google India head, prolific angel investor
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Avaz

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Avaz

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Avaz Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Avaz

Avaz 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 ParentSquare, ClassTag, Sdui, Remind and Kaymbu, 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
ParentSquare
domain founded_year HQ Location
Provider of app-based parent-teacher communication solutions
ClassTag
domain founded_year HQ Location
Teachers' activities and parent communications are managed via a platform.
Sdui
domain founded_year HQ Location
A communication platform is offered for parents, teachers, and students.
Remind
domain founded_year HQ Location
A communication platform is provided for educational communities by Remind.
Kaymbu
domain founded_year HQ Location
Classroom activities are documented and shared via an iPad-based system.
Bloomz
domain founded_year HQ Location
Parent-teacher communication solutions are provided for schools and families.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Avaz

Frequently Asked Questions about Avaz

When was Avaz founded?

Avaz was founded in 2006 and raised its 1st funding round 8 years after it was founded.

Where is Avaz located?

Avaz is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Who is the current CEO of Avaz?

Narayanan Ramakrishnan is the current CEO of Avaz.

Is Avaz a funded company?

Avaz is a funded company, having raised a total of $550K across 1 funding round to date. The company's 1st funding round was a Seed of $550K, raised on Apr 21, 2014.

What is the annual revenue of Avaz?

Annual revenue of Avaz is $317.2K as on Mar 31, 2022.

What does Avaz do?

Avaz was established in 2006 in Palo Alto, United States, as a mobile and tablet application developed to support communication for individuals with cerebral palsy and autism through picture-based alternatives to spoken words. The app received MIT TR35 recognition as the initial product in the disability sector. Operations include technology consulting and product development, focused on medical applications, managed by Invention Labs.

Who are the top competitors of Avaz?

Avaz's top competitors include Sdui, ParentSquare and EChalk.

What products or services does Avaz offer?

Avaz offers Avaz AAC, Avaz Reader, and Avaz FreeSpeech.

Who are Avaz's investors?

Avaz has 4 investors. Key investors include Mumbai Angels, Athera Venture Partners, Rajan Anandan, and Raju Reddy.

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