Avochato

San Francisco, United States Founded: 2015 • Age: 11 yrs
Business text messaging software

About Avochato

Avochato is a company based in San Francisco (United States) founded in 2015.. Avochato has raised $5 million across 1 funding round from investors including XSeed Capital, Amity Ventures and Michael Stoppelman. Avochato offers products and services including AI Messaging Platform and Live Chat and SMS Tool. Avochato operates in a competitive market with competitors including TextUs, Mblox, MessageMedia, SendHub and LINK Mobility, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Avochato Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Dec 07, 2018

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Avochato

Avochato offers a comprehensive portfolio of products and services, including AI Messaging Platform and Live Chat and SMS Tool. 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

Enables efficient business texting and customer interactions via AI.

Facilitates real-time messaging and automated responses for teams.

People of Avochato
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Jenna Shue
Senior Strategic Account Manager
People
Alex De Simone
CEO & co-Founder
People
CJ Reim
Director
People
Theodore Hanson
Founding Engineer

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Funding Insights of Avochato

Avochato has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in December 2018. 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 Series A — $5.0M
  • First Round

    (07 Dec 2018)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Series A - Avochato Valuation Amity Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Avochato

Avochato has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include XSeed Capital, Amity Ventures and Michael Stoppelman. 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
Early stage venture capital firm investing in US
Founded Year Domain Location
Venture capital investments are directed toward tech startups.
Founded Year Domain Location

Michael Stoppelman

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Avochato

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

Financial Statements - Avochato

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Avochato Comparisons

Employees
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Competitors of Avochato

Avochato 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 TextUs, Mblox, MessageMedia, SendHub and LINK Mobility, 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
Text messaging solutions are offered for sales and customer support.
domain founded_year HQ Location
Mobile messaging services for brands are delivered globally.
domain founded_year HQ Location
Mobile messaging services are provided for business communications.
domain founded_year HQ Location
Cloud-based platform for SMS marketing and voice communications is offered.
domain founded_year HQ Location
Mobile payment and messaging solutions are provided to businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Avochato

Frequently Asked Questions about Avochato

When was Avochato founded?

Avochato was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Avochato located?

Avochato is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is Avochato a funded company?

Avochato is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Dec 07, 2018.

What does Avochato do?

Avochato offers business texting platform for customer support and sales teams. Clients can choose a unique number to send and receive messages to and from customers. It supports integration with Salesforce, Microsoft, Slack, Desk.com. Clients can manage conversations from its dashboard and also manage team members through its platform. It also has a mobile app for iOS and android. It has a SaaS-based 3-tier pricing model with plans of 99, 198 and 396month for 2.5, 5 and 10K messages respectively.

Who are the top competitors of Avochato?

Avochato's top competitors include TextUs, LINK Mobility and Mblox.

What products or services does Avochato offer?

Avochato offers AI Messaging Platform and Live Chat and SMS Tool.

Who are Avochato's investors?

Avochato has 4 investors. Key investors include XSeed Capital, Amity Ventures, Michael Stoppelman, and Jonathan Swanson.

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