About Avid Apparel
Avid Apparel is a company based in Toronto (Canada) founded in 2008.. The company has 40 employees as of December 31, 2024. Avid Apparel operates in a competitive market with competitors including Unisync Group, IFabric Corp, Peerless Clothing, Georgette Packaging and CY Health, among others.
- Headquarter Toronto, Canada
- Employees 40 as on 31 Dec, 2024
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Sectors
Industrial Goods & Manufacturing
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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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Latest Funding Round
- Investors
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Employee Count
40
as on Dec 31, 2024
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Funding Insights of Avid Apparel
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Avid Apparel | Valuation |
investors |
| 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 Avid Apparel
Avid Apparel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alignvest. 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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Investment management services are provided by Alignvest in Toronto.
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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 Avid Apparel
| 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 - Avid Apparel
| 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 |
Avid Apparel Comparisons
Competitors of Avid Apparel
Avid Apparel 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 Unisync Group, IFabric Corp, Peerless Clothing, Georgette Packaging and CY Health, 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 |
Corporate apparel, uniforms, and protective garments are provided to businesses.
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| domain | founded_year | HQ Location |
Fabric processing is conducted within the textile sector.
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| domain | founded_year | HQ Location |
Producer of men's and boy's suits, sport coats, and trousers for retail distribution.
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| domain | founded_year | HQ Location |
Packaging products are manufactured through contract services.
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| domain | founded_year | HQ Location |
Contract manufacturer of garments
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| domain | founded_year | HQ Location |
Contract manufacturer of oral buccal delivery pouches for supplements and well-being products.
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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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Frequently Asked Questions about Avid Apparel
When was Avid Apparel founded?
Avid Apparel was founded in 2008 and raised its 1st funding round 13 years after it was founded.
Where is Avid Apparel located?
Avid Apparel is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
How many employees does Avid Apparel have?
As of Dec 31, 2024, the latest employee count at Avid Apparel is 40.
What does Avid Apparel do?
Avid Apparel was established in 2008 in Toronto, Canada. Contract manufacturing services for clothing are offered within the apparel sector. Operations involve production of garments for client specifications, with facilities maintained in Toronto. The company supports various apparel needs through established manufacturing processes in the Canadian market.
Who are the top competitors of Avid Apparel?
Avid Apparel's top competitors include Unisync Group, IFabric Corp and CY Health.
Who are Avid Apparel's investors?
Avid Apparel has 1 investor. Key investors include Alignvest.