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
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Sectors
HealthcareEducation
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Email
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Phone
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Website
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Social
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- Legal Name Invention Labs Engineering Products Private Limited
- Date of Incorporation 31 Jul, 2007
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$317.2 K (USD)178.26as on Mar 31, 2022
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Net Profit
$34.27 K (USD)385.61as on Mar 31, 2022
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EBITDA
$54.85 K (USD)478.93as on Mar 31, 2022
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Total Equity Funding
$550 K (USD)
in 1 rounds
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Latest Funding Round
$550 K (USD), Seed
Apr 21, 2014
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Investors
Mumbai Angels
& 3 more
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Employee Count
Not available
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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.
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.
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.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Early-stage venture capital investments are provided by Athera.
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Rajan Anandan |
Managing Director at Peak XV, ex-Google India head, prolific angel investor
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Investor details for Avaz
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Investments & Acquisitions by Avaz
Investment portfolio details for Avaz
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Financial Statements - Avaz
Detailed financials for Avaz
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Avaz Comparisons
Peer comparison for Avaz
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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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.
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Provider of app-based parent-teacher communication solutions
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Teachers' activities and parent communications are managed via a platform.
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A communication platform is offered for parents, teachers, and students.
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A communication platform is provided for educational communities by Remind.
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Classroom activities are documented and shared via an iPad-based system.
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Parent-teacher communication solutions are provided for schools and families.
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Detailed competitors of Avaz
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Latest news on Avaz
Complete news archive for Avaz
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Frequently Asked Questions about Avaz
Avaz was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Avaz is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Narayanan Ramakrishnan is the current CEO of Avaz.
Avaz is a funded company, having raised a total of $550K across 1 funding round to date.
Annual revenue of Avaz is $317.2K as on Mar 31, 2022.
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.
Avaz's top competitors include Sdui, ParentSquare and EChalk.
Avaz offers Avaz AAC, Avaz Reader, and Avaz FreeSpeech.
Avaz has 4 investors. Key investors include Mumbai Angels, Athera Venture Partners, Rajan Anandan, and Raju Reddy.