About Aviron
Aviron is a company based in Toronto (Canada) founded in 2019 by Inessa Karlinsky and Andy Hoang.. Aviron has raised $23.13 million across 3 funding rounds from investors including Stripes, Global Founders Capital and Formic Ventures. The company has 1 employees as of December 31, 2020. Aviron offers products and services including STRONG ROWER, VICTORY TREADMILL, and FIT BIKE. Aviron operates in a competitive market with competitors including Hydrow, Ergatta, Reform RX, One Crew and Rowvigor, among others.
- Headquarter Toronto, Canada
- Employees 1 as on 31 Dec, 2020
- Founders Inessa Karlinsky, Andy Hoang
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Sectors
Healthcare
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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 Aviron
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.13 M (USD)
in 3 rounds
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Latest Funding Round
$18.5 M (USD), Series A
Dec 01, 2021
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Investors
Stripes
& 6 more
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Employee Count
1
as on Dec 31, 2020
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Products & Services of Aviron
Aviron offers a comprehensive portfolio of products and services, including STRONG ROWER, VICTORY TREADMILL, and FIT BIKE. 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.
Comfortable and innovative rower for full-body interactive workouts.
Gamified treadmill for revolutionizing running experiences.
Immersive bike with auto-adjusting resistance for effective exercises.
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Funding Insights of Aviron
Aviron has successfully raised a total of $23.13M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $18.5 million completed in December 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 3
- Last Round Series A — $18.5M
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First Round
First Round
(01 Jun 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - Aviron | Valuation | Stripes | |
| Aug, 2021 | Amount | Series A - Aviron | Valuation | Samsung NEXT , Formic Ventures | |
| Jun, 2021 | Amount | Seed - Aviron | Valuation | Y Combinator |
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| 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 Aviron
Aviron has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Stripes, Global Founders Capital and Formic Ventures. 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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Global investments are made in product-led growth companies.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Investments in early-stage biotech startups are made by Formic Ventures.
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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 Aviron
| 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 - Aviron
| 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 |
Aviron Comparisons
Competitors of Aviron
Aviron 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 Hydrow, Ergatta, Reform RX, One Crew and Rowvigor, 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 |
Rowing equipment for in-home workouts is provided to individuals.
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| domain | founded_year | HQ Location |
Smart indoor rowing devices for fitness and competitions are provided.
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| domain | founded_year | HQ Location |
Pilates reformer machines for fitness exercises are provided commercially.
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| domain | founded_year | HQ Location |
Develops innovative smart indoor rowing machines for fitness enthusiasts.
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| domain | founded_year | HQ Location |
Offers hardware and software solutions for exercise and workout tracking.
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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 Aviron
Frequently Asked Questions about Aviron
When was Aviron founded?
Aviron was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Aviron located?
Aviron is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Aviron?
Andy Hoang is the current CEO of Aviron. They have also founded this company.
Is Aviron a funded company?
Aviron is a funded company, having raised a total of $23.13M across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2021.
How many employees does Aviron have?
As of Dec 31, 2020, the latest employee count at Aviron is 1.
What does Aviron do?
Aviron was established in 2019 in Toronto, Canada, within the fitness equipment sector. Rowing machines tailored for at-home workouts are produced by the company. Interactive gamified sessions are incorporated into these machines to support training routines. Operations center on delivering accessible fitness solutions through technology integration, with leadership provided by co-founders Inessa Karlinsky as CMO and Andy Hoang as CEO.
Who are the top competitors of Aviron?
What products or services does Aviron offer?
Aviron offers STRONG ROWER, VICTORY TREADMILL, and FIT BIKE.
Who are Aviron's investors?
Aviron has 7 investors. Key investors include Stripes, Global Founders Capital, Formic Ventures, Behind Genius Ventures, and Mark Mastrov.