About Avoma
Avoma is a company based in Palo Alto (United States) founded in 2017 by Albert Lai, Devendra Laulkar, and Aditya Kothadiya.. Avoma has raised $15 million across 2 funding rounds from investors including HubSpot, Zoom and Headline. Avoma offers products and services including AI Meeting Assistant, Scheduler and Lead Router, Conversation Intelligence, and Revenue Intelligence. Avoma operates in a competitive market with competitors including Otter.ai, Fireflies, Motion, Voicea and Spinach, among others.
- Headquarter Palo Alto, United States
- Founders Albert Lai, Devendra Laulkar, Aditya Kothadiya
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Sectors
Technology
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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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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Dec 22, 2021
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Investors
HubSpot
& 11 more
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Employee Count
Employee Count
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Products & Services of Avoma
Avoma offers a comprehensive portfolio of products and services, including AI Meeting Assistant, Scheduler and Lead Router, Conversation Intelligence, and Revenue Intelligence. 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.
Automates note-taking and transcription for efficient meeting management.
Facilitates meeting booking and lead routing for sales teams.
Provides insights on call patterns and topic trends for coaching.
Offers deal risk alerts and forecasting to improve sales outcomes.
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Funding Insights of Avoma
Avoma has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 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 2
- Last Round Series A — $12.0M
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First Round
First Round
(07 Jan 2020)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - Avoma | Valuation | Headline | |
| Jan, 2020 | Amount | Seed - Avoma | Valuation | K9 Ventures |
| 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 Avoma
Avoma has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include HubSpot, Zoom and Headline. 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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Investments are made in early-stage tech startups across multiple sectors.
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Venture capital fund focused on multiple sectors
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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 |
| 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 Avoma
| 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 - Avoma
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Avoma Comparisons
Competitors of Avoma
Avoma 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 Otter.ai, Fireflies, Motion, Voicea and Spinach, 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 |
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| domain | founded_year | HQ Location |
AI-based voice transcription for meetings is provided via cloud software.
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| domain | founded_year | HQ Location |
Cloud-based AI meeting assistance and recording services are provided.
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| domain | founded_year | HQ Location |
Web-based time management platform is developed for tasks and schedules.
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| domain | founded_year | HQ Location |
AI-based platform for meeting and agenda management is offered.
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| domain | founded_year | HQ Location |
An AI-powered meeting assistant is provided for enterprise collaboration.
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| domain | founded_year | HQ Location |
Meetings are scheduled automatically by an AI virtual assistant.
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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 Avoma
Frequently Asked Questions about Avoma
When was Avoma founded?
Avoma was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Avoma located?
Avoma is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Avoma?
Aditya Kothadiya is the current CEO of Avoma. They have also founded this company.
Is Avoma a funded company?
Avoma is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jan 07, 2020.
What does Avoma do?
Founded in 2017 and headquartered in Palo Alto, United States, Avoma operates in the AI software sector. Meeting scheduling, team collaboration, and calendar management are facilitated through its platform. Notes, transcripts, recordings, and insights are handled, with features including templates and integration options such as Salesforce, HubSpot, Zoom, and Outreach.io. A subscription-based pricing model is utilized for access.
Who are the top competitors of Avoma?
What products or services does Avoma offer?
Avoma offers AI Meeting Assistant, Scheduler and Lead Router, Conversation Intelligence, and Revenue Intelligence.
Who are Avoma's investors?
Avoma has 12 investors. Key investors include HubSpot, Zoom, Headline, Storm Ventures, and Global Founders Capital.
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