United States · Investor

Avalon Ventures

Last cheque observed Jul 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $117M, Sept 2016VC firm

SeedSeries ALife ScienceInformation Technology

Cheques on record
0%of best year0cheques in 12 months, 124 on record
Since the last cheque2669days00hrs00min00sec
Median round$16MRounds led0 of 124Sole investor19 roundsExits19 from the portfolioMostly inUnited States, 100%
Pitch Avalon Ventures

Avalon Ventures highlights

  1. 01

    124 rounds on record

  2. 02

    Mostly Series A and Series B: 70% of its rounds

  3. 03

    Sole investor in 19 rounds, median $3.3M

  4. 04

    19 exits from the portfolio

What they do

Avalon's long-standing and successful focus has been on seed and early stage companies, including many it formed in the life science and information technology sectors.From their own website
Type
VC firm
Cheque size
Not stated
Stages
SeedSeries A
Sectors
Life ScienceInformation Technology
Based in
La Jolla, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first124 appearances

  1. 2019

    1 round

  2. Jul
    NodeUS · FinSMEs$16MWith 11 others
  3. 2017

    1 round

  4. Oct
    AveronSeries A · US · FinSMEs$8.3MSole investor
  5. 2016

    2 rounds

  6. Sept
    Fortis TherapeuticsSeries A · US · FinSMEs$18MSole investor
  7. Jul
    AristaMDSeries A · US · Pehub$11MSole investor
  8. 2015

    12 rounds

  9. Dec
    EnlibriumSeries A · US$15MWith 3 others
  10. Aug
    SkycatchSeries B · US$22MWith 8 others
  11. Aug
    MOGLVenture · US$7.9MWith 5 others
  12. Jul
    AeroFSSeries B · US$10MWith 1 other
  13. Jun
    IndixSeries B · US$15MWith 2 others
  14. Jun
    Ankasa Regenerative TherapeuticsSeries A · US$8.5MWith 2 others
  15. Jun
    PronounSeries B · US$3.5MSole investor
  16. Jun
    Calporta TherapeuticsSeries A · US$10MWith 1 other
  17. May
    BookBubSeries B · US$7.0MWith 3 others
  18. Apr
    AristaMDSeries A · US$4.0MWith 1 other
  19. Apr
    ScoreStreamSeed · US$3.0MWith 5 others
  20. Mar
    NanigansSeries B · US$24MWith 2 others
  21. 2014

    20 rounds

  22. Nov
    RedboothSeries B · US$11MWith 2 others
  23. Oct
    StackIQSeries B · US$6.0MWith 5 others
  24. Sept
    KinveySeries B · US$11MWith 3 others
  25. Sept
    Silarus TherapeuticsSeries A · US$10MWith 1 other
  26. Sept
    Thyritope BiosciencesSeries A · US$10MWith 1 other
  27. Sept
    SidecarSeries C · US$15MWith 2 others
  28. Sept
    TapadSeries B · US$19MWith 7 others
  29. Sept
    Avelas BiosciencesSeries B · US$7.4MWith 2 others
  30. Aug
    OnBeepSeries A · US$6.3MWith 16 others
  31. Jul
    ScoreStreamUS$800KWith 1 other
  32. Jun
    TapadSeries B · US$7.0MWith 4 others
  33. May
    SkycatchSeries A · US$13MWith 8 others
  34. May
    BookBubSeries A · US$3.8MWith 3 others
  35. Apr
    OtonomySeries D · US$49MWith 11 others
  36. Apr
    SynthorxSeries A · US$6.0MWith 1 other
  37. Mar
    IndixSeries A · US$8.5MWith 1 other
  38. Feb
    MOGLSeries B · US$11MWith 2 others
  39. Jan
    QuippiVenture · US$2.0MWith 1 other
  40. Jan
    ChartioVenture · US$2.2MWith 1 other
  41. Jan
    Avelas BiosciencesSeries B · US$6.8MWith 2 others
  42. 2013

    14 rounds

  43. Dec
    ConjurUS · bizjournals.comUndisclosedWith 1 other
  44. Dec
    SimulmediaSeries D · US · allthingsd.com$25MWith 4 others
  45. Nov
    Sitari PharmaceuticalsSeries A · US · finsmes.com$10MWith 1 other
  46. Oct
    TeamboxSeries A · US · finsmes.com$5.0MWith 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration12 named

BMBraden Mack BohrmannManager Member of Masthead Venture Partners, LLC, ManageriFiling they signed
DDDouglas DownsMember of Avalon Ventures Viii GP, LLC (Relying Adviser)iForm ADV
JMJay M. LichterManaging Director and Member of Avalon Ventures Viii GP, LLC (Relying Adviser)iForm ADV
KPKevin Patrick KinsellaManaging Director and Member of Avalon Ventures Management, LLC (Filing Adviser)iForm ADV
KDKim DeandaMember of Abv Spv II GP, LLC (Relying Advisor)iForm ADV
RWRichard William LevandovManaging Director and Member of Avalon Ventures Viii GP, LLC (Relying Adviser)iForm ADV
SGSheila GujrathiMember of Abv Spv I GP, LLC (Relying Advisor)iForm ADV
SEStephen ElmendorfMember of Abv Spv II GP, LLC (Relying Advisor)iForm ADV
SKStephen K SmithManager Member of Masthead Venture Partners, LLC, ManageriFiling they signed
SLStephen L. TomlinManaging Director and Member of Avalon Ventures Management, LLC (Filing Adviser)iForm ADV
TRTighe ReardonChief Financial Officer of Avalon Ventures Management, LLC (Filing Adviser)iForm ADV
TPTimothy P AgnewPrincipal of Masthead Venture Partners LLC, ManageriFiling they signed

We also hold 16 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$236Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Avalon Ventures Management, LLC
SEC number
CRD 161930

Exits from the portfolio

Companies it backed that were later bought or listed19 in all

BackupifyBought by DattoUndisclosedDec 2014
Proximal DataBought by Samsung ElectronicsUndisclosedNov 2014
Ambit BiosciencesBought by Daiichi Sankyo$410MSept 2014
BylinerBought by PronounUndisclosedSept 2014
TwinStrataBought by EMCUndisclosedJul 2014
Shelby.tvBought by Samsung ElectronicsUndisclosedJun 2014
Standing CloudBought by AppDirect$9.0MSept 2013
Aratana TherapeuticsListed$51MMay 2013
Ortiva WirelessBought by Allot CommunicationsUndisclosedMay 2012
Vocera CommunicationsListedUndisclosedMar 2012
ZyngaListedUndisclosedDec 2011
JustSpottedBought by GoogleUndisclosedJul 2011
BioVexBought by Amgen$1.0BJan 2011
CloudkickBought by RackspaceUndisclosedDec 2010
IntercastingBought by Good TechnologyUndisclosedMay 2009
InogenListed$86MDec 2008

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Avalon Ventures. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Avalon Ventures put money into.

Quick answers about Avalon Ventures

What does Avalon Ventures invest in?

Avalon Ventures invests most often at Series A and Series B (70% of the rounds on record), in sectors such as Life Science and Information Technology.

How active is Avalon Ventures?

124 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2019.

What has Avalon Ventures invested in recently?

Its most recent investments on record: Node (Undisclosed round, Jul 2019), Averon (Series A, Oct 2017) and Fortis Therapeutics (Series A, Sept 2016).

How big are Avalon Ventures's cheques?

The median round it joins is $16M.

Does Avalon Ventures lead rounds?

Rarely, if at all: none of its 124 investments on record names it as the lead.

Where does Avalon Ventures invest?

Most of the companies it backs are in the United States (100%).

Is Avalon Ventures investing now?

No investments in the last 12 months; the latest was in Jul 2019.

Who does Avalon Ventures invest alongside?

Most often Union Square Ventures (11 rounds together), Foundry Group (8 rounds together) and Correlation Ventures (7 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it