# Avego Management: portfolio, investments and team > Avego Management is a vc firm based in United States. 3 investments on record, 2 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/avego (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Avego Management Last cheque observed Oct 2026; 3 cheques on record. Email Deploying now VC firm Seed Series A Series B Sdg Social Underserved Follow Avego Management and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Favego) Deploying now **100%** of best year **2** **cheques in 12 months**, 3 on record Since the last cheque **3** days **00** hrs **00** min **00** sec Median round **$29M** Rounds led **2 of 3** Pitch Avego Management ## Avego Management highlights - 01 2 cheques in the last 12 months - 02 Mostly Growth and Series E: 100% of its rounds - 03 Led 2 rounds ## What they do > We are investing our own capital. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Sdg Social Underserved - **Based in:** Alpharetta, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **3 appearances** - **2026** 1 round - **Oct** **[Opentrons Labworks Inc.](https://millionrounds.com/company/opentrons-labworks-inc)** Series E · US · Avego Management **$40M** *Led* - **2025** 2 rounds - **Nov** **[myTomorrows](https://millionrounds.com/company/mytomorrows)** Growth · NL · Avego Management **$29M** *Led* - **Jan** **[PBS Biotech](https://millionrounds.com/company/pbs-biotech)** Growth · US · Avego Management **$17M** With 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 registration **4 named** AA **Alyssa Arden Romano** Chief Compliance Officer and Chief Financial Officer i Form ADV BV **Balaji Venkataraman** Partner, Managing Member i Form ADV JM **James Moncure Flexner** Partner, Member i Form ADV TR **Thomas Richard Vandervort** Partner, Member i Form ADV We also hold **3** 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 **$918M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Avego Management, LLC - **SEC number:** CRD 310520 Funds on its Form ADV **6** private funds, **$861M** in gross assets · filed Oct 2024 Private equity **3** Hedge **2** Venture **1** - Avego Healthcare Capital Fund II, L.P. *Private equity* 33 investors $286M - Avego Healthcare Capital, L.P. *Private equity* 5 investors $273M - Velan Capital Master Fund L.P. *Hedge* 13 investors $178M - Avego Bioscience Capital, L.P. *Venture* 19 investors $92M - Velan Capital SPV I LLC *Hedge* 37 investors $18M - AHC-II AGR Partners, L.P. *Private equity* 5 investors $14M ## What they claim to have backed From their own portfolio page (on their website) **11** of 17 we have independently watched raise [Alentis](https://millionrounds.com/company/alentis-therapeutics)[Alto](https://millionrounds.com/company/alto-pharmacy)[Cellcentric](https://millionrounds.com/company/cellcentric)[Epibiologics](https://millionrounds.com/company/epibiologics)[Evommune](https://millionrounds.com/company/evommune)[Healthoutlook](https://millionrounds.com/company/health-outlook)[Immunocore](https://millionrounds.com/company/immunocore)[Jaspertherapeutics](https://millionrounds.com/company/jasper-therapeutics)[Mytomorrows](https://millionrounds.com/company/mytomorrows)[Trex](https://millionrounds.com/company/t-rex)[Xcellbio](https://millionrounds.com/company/xcell-biosciences) Atomvie Cariboubio Investor Portal Pbsbiotech Sebelapharma Sentynl Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## The cheque Seed Series A Series B Median round joined **$29M** the round, not its cheque Led 2 of 3 rounds **67%** - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Growth said *2* - Series E *1* - Seed said *-* - Series A said *-* - Series B said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [BroadOak Capital Partners](https://millionrounds.com/fund/broadoak-capital-partners) 2 **Pitching Avego Management?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Avego Management. A count of rooms they were both in, not a relationship either has claimed. [**BroadOak Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/broadoak-capital-partners) ## Recently backed The latest companies Avego Management put money into. [**myTomorrows** $29M · Nov 2025](https://millionrounds.com/company/mytomorrows)[**PBS Biotech** $17M · Jan 2025](https://millionrounds.com/company/pbs-biotech) ## Quick answers about Avego Management ### What does Avego Management invest in? Avego Management invests most often at Growth and Series E (100% of the rounds on record), in sectors such as Sdg, Social and Underserved. ### How active is Avego Management? 3 investments on record, 2 of them in the last 12 months, and it led 2. The most recent was in Oct 2026. ### What has Avego Management invested in recently? Its most recent investments on record: Opentrons Labworks Inc. (Series E, Oct 2026), myTomorrows (Growth, Nov 2025) and PBS Biotech (Growth, Jan 2025). ### How big are Avego Management's cheques? The median round it joins is $29M. ### Is Avego Management investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### Who does Avego Management invest alongside? Most often BroadOak Capital Partners (2 rounds together). ### What kind of investor is Avego Management? Avego Management is a VC firm based in Alpharetta, United States. ### How much does Avego Management manage? About $918M, as regulatory assets under management (Oct 2026). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=avego) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=avego)