# Avanoo funding: rounds and investors

> Avanoo has raised $7.8M across 2 rounds since 2015. Investors include Newfund Capital, 500 Global and Storm Ventures. Every round with its source.

Source: https://millionrounds.com/company/avanoo (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Avanoo*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

HR Tech

Funding summary Updated 26 Oct 2026

**$7.8M** raised across 2 rounds since 2015, from 2 sources

**$3.3M** Venture **$4.5M** Series A

- **Latest round:** Series A, $4.5M Apr 2019
- **Step-up i:** 1.3×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2017 2018 2019

**$3.3M** Venture

**$4.5M** Series A

- **First round:** Venture, $3.3M
- **Biggest round:** $4.5M
- **Between rounds:** 3.8 years

## The rounds

- **Apr 2019** Series A **$4.5M** *5 new* *1 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Storm Ventures](https://millionrounds.com/fund/storm-ventures) [Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) [Newfund Capital](https://millionrounds.com/fund/newfund) [M Ventures](https://millionrounds.com/fund/m-ventures) [Access Venture Partners](https://millionrounds.com/fund/access-venture-partners) Reported by Forbes SEC filing: $4.5M sold, first sale Dec 2018
- **Jul 2015** Venture **$3.3M** *1 new* [Newfund Capital](https://millionrounds.com/fund/newfund) From a historical funding record SEC filing: $3.3M sold, first sale Jun 2015

## Founders and team

From the SEC filings it signed: 2 on the team.

- **C. Prosper Nwankpa** Executive Officer, Director i
- **Daniel Jacobs** Executive Officer, Director i

On the board, as filed i *Brooks Fisher* *Frank Prosper Mendicino* *Robert Prosper Scott*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2015 **Series A** 2019 [Newfund Capital](https://millionrounds.com/fund/newfund) [500 Global](https://millionrounds.com/fund/500-startups) [Storm Ventures](https://millionrounds.com/fund/storm-ventures) [Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) [M Ventures](https://millionrounds.com/fund/m-ventures) [Access Venture Partners](https://millionrounds.com/fund/access-venture-partners)

## Everyone who backed them

[Newfund Capital](https://millionrounds.com/fund/newfund) VC firm **2** rounds

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Storm Ventures](https://millionrounds.com/fund/storm-ventures) VC firm **1** round

[Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) VC firm **1** round

[M Ventures](https://millionrounds.com/fund/m-ventures) Corporate VC **1** round

[Access Venture Partners](https://millionrounds.com/fund/access-venture-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=avanoo).

## Also claim to have backed them

This firm lists Avanoo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[LaunchCapital](https://millionrounds.com/fund/launchcapital) VC firm Per its own site

## Quick answers about Avanoo

### Who invested in Avanoo?

Avanoo's investors include Newfund Capital, 500 Global, Storm Ventures, Service Provider Capital and M Ventures, and 1 more on record.

### How much has Avanoo raised?

Avanoo has raised $7.8M across 2 rounds since 2015.

### When did Avanoo last raise?

Avanoo's most recent round was a Series A of $4.5M in Apr 2019.

### What was Avanoo's biggest round?

Its most recent round, $4.5M in Apr 2019, is also its largest on record.

### Who backed Avanoo first?

Avanoo's first round on record, in Jul 2015, was backed by Newfund Capital.

### What stage is Avanoo at?

Avanoo's latest named round is a Series A, in Apr 2019.

### Where is Avanoo based?

Avanoo is based in the United States.

## Companies like Avanoo

In the same sector, and raised in the last eighteen months.

[**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)[**Angle Health** $1.2B · Sept 2026](https://millionrounds.com/company/angle-health)[**Thatch** $151M · Sept 2026](https://millionrounds.com/company/thatch)[**Intermezzo** $10M · Sept 2026](https://millionrounds.com/company/intermezzo)[**BrightPlan** $14M · Sept 2026](https://millionrounds.com/company/brightplan)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
