Avvir

New York, United States Founded: 2017 • Age: 9 yrs Acquired By Hexagon
Provider of inspection management software for construction sites
Annual revenue - Latest available
Total funding $12.6M 3 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Avvir

Avvir is a company based in New York (United States) founded in 2017 by Raffi Holzer and Tira Odhner was acquired by Hexagon in October 2022. Avvir has raised $12.6 million across 3 funding rounds from investors including Hexagon, Khosla Ventures and Trust Ventures. Avvir operates in a competitive market with competitors including Procore, Nemetschek Group, Hover, OpenSpace and Viewpoint, among others.

  • Headquarter New York, United States
  • Founders Raffi Holzer, Tira Odhner
  • Sectors
    Technology
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.6 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Mar 26, 2021

  • Investors
    Hexagon

    & 8 more

  • Employee Count
    Not available
  • Acquired by
    Hexagon

    (Oct 11, 2022)

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People of Avvir

Headcount 10000+
Employee Profiles 203
Board Members and Advisors 9
Employee Profiles
People
Johannes Maunz
Vice President Artificial Intelligence
People
Rohith Pasupuleti
Technical Lead
People
Gleb Koginov
Robotics Technical Lead
People
Sophie Molkenthin
Assistant To CEO

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Board Members and Advisors
people
John Brandon
Member of the Board
people
Sofia Schörling Högberg
Member of the Board
people
Ulrika Francke
Member of the Board
people
Henrik Henriksson
Member of the Board

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Funding Insights of Avvir

Avvir has successfully raised a total of $12.6M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in March 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.

Investors in Avvir

Avvir has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Hexagon, Khosla Ventures and Trust Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Trust Ventures is focused on funding startups solving societal issues.
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Venture capital firm backed by Tekfen Holding
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Early-stage startups are funded by this venture capital firm.
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Investor details for Avvir

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  • Investor domains
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Investments & Acquisitions by Avvir

Investments
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Investment portfolio details for Avvir

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Financial Statements - Avvir

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Detailed financials for Avvir

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  • Profit trends
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Avvir Comparisons

Avvir Primary company
Description
Provider of inspection management software for construction ...
Location
New York, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Avvir

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Competitors of Avvir

Avvir 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 Procore, Nemetschek Group, Hover, OpenSpace and Viewpoint, among others.

Company Name Domain Founded year HQ Location Description
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SaaS project management software is provided for construction professionals.
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Provider of management solutions for the construction sector
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Hover is recognized for providing construction and renovation software solutions.
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Construction sites are monitored via AI-powered SaaS technology.
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SaaS-based project management solutions are delivered for construction.
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SaaS documentation management solutions for construction are provided.
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Detailed competitors of Avvir

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Latest news on Avvir

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Complete news archive for Avvir

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Avvir

Avvir was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Avvir is headquartered in New York, United States. It is registered at New York, New York, United States.

Raffi Holzer is the current CEO of Avvir. They have also founded this company.

Avvir is a funded company, having raised a total of $12.6M across 3 funding rounds to date.

Avvir was founded in 2017 in New York, United States, within the construction technology sector. Inspection management software is offered to support site operations. Laser scanners are employed to verify construction progress and update building information models. The construction process is monitored through data collection, with visualization and analysis tools applied to generate reports for stakeholders.

Avvir's top competitors include Procore, Hover and Nemetschek Group.

Avvir has 9 investors. Key investors include Hexagon, Khosla Ventures, Trust Ventures, Tekfen Ventures, and MetaProp.

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