# Avenir: portfolio, investments and team

> Avenir is a vc firm based in United States. 21 investments on record, 10 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

United States · [Investor](https://millionrounds.com/investors)

# Avenir

Last cheque observed Oct 2026; 21 cheques on record.

Email

Deploying now New fund $425M, May 2026 VC firm

Seed Series A Series B Fintech AI Healthcare

Follow Avenir and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Favenir)

Deploying now

**77%** of best year **10** **cheques in 12 months**, 21 on record

Since the last cheque **19** days **00** hrs **00** min **00** sec

Median round **$150M** Rounds led **7 of 21** Mostly in **United States, 86%**

Pitch Avenir

## Avenir highlights

- 01 10 cheques in the last 12 months
- 02 Mostly Growth and Series C: 60% of its rounds
- 03 Led 7 rounds

## What they do

> We partner with extraordinary founders building category-defining companies From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B
- **Sectors:** Fintech AI Healthcare
- **Based in:** New York, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **21 appearances**

- **2026** 7 rounds
- **Oct** **[Ramp](https://millionrounds.com/company/ramp)** Growth · US · AI Funding Tracker **$1.9B** *Led*
- **Sept** **[Inspiren](https://millionrounds.com/company/inspiren)** Series C · US · Ventureburn **$70M** With 8 others
- **Sept** **[Cognition](https://millionrounds.com/company/cognition)** Series E · US · TechCrunch **$2.0B** With 18 others
- **May** **[Cognition](https://millionrounds.com/company/cognition)** Growth · US · TechCrunch **$1.0B** With 14 others
- **May** **[Sigma](https://millionrounds.com/company/sigma)** Growth · US · Ventureburn **$80M** With 11 others
- **May** **[Ramp](https://millionrounds.com/company/ramp)** Growth · US · TechCrunch **$750M** With 24 others
- **Jan** **[Mytra](https://millionrounds.com/company/mytra)** Series C · US · Promus Ventures **$120M** *Led*
- **2025** 12 rounds
- **Nov** **[Ramp](https://millionrounds.com/company/ramp)** US · Crunchbase News **$300M** With 25 others
- **Nov** **[Hippocratic AI](https://millionrounds.com/company/hippocratic-ai)** Series C · US · TechStartups **$126M** *Led*
- **Nov** **[Sublime Security](https://millionrounds.com/company/sublime-security)** Series C · US · AlleyWatch **$150M** With 10 others
- **Oct** **[Metalpha](https://millionrounds.com/company/metalpha)** HK · Ventureburn **$12M** *Led*
- **Oct** **[Zepto](https://millionrounds.com/company/zepto)** Growth · IN · TechCrunch **$450M** With 10 others
- **Oct** **[Helius Medical Technologies](https://millionrounds.com/company/helius-medical-technologies)** US · Ventureburn **$500M** With 7 others
- **Jul** **[Castelion](https://millionrounds.com/company/castelion)** Series B · US · TechCrunch **$350M** With 11 others
- **Jun** **[Ramp](https://millionrounds.com/company/ramp)** Series E · US · Crunchbase News **$200M** With 13 others
- **Jun** **[Rosebud](https://millionrounds.com/company/rosebud)** Seed · US · TechCrunch **$6.0M** With 5 others
- **Apr** **[Inspiren](https://millionrounds.com/company/inspiren)** Series A · US · AlleyWatch **$35M** *Led*
- **Mar** **[Ramp](https://millionrounds.com/company/ramp)** US · TechCrunch **$150M** With 10 others
- **Jan** **Air** Series B · US · AlleyWatch **$35M** *Led*
- **2019** 1 round
- **Jun** **[Meero](https://millionrounds.com/company/meero)** FR · TechCrunch **$230M** *Led*
- **2018** 1 round
- **Mar** **[Finch](https://millionrounds.com/company/finch)** Series B · US · FinSMEs **$36M** With 3 others

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 **6 named**

AG **Andrew G. Sugrue** Managing Member of the General Partner i Filing they signed

CM **Chris M. Deluca** SECRETARY i Filing they signed

CT **Christopher Thomas Deluca** Chief Compliance Officer i Form ADV

JM **James M. Reynolds** Managing Member i Filing they signed

JM **James M. Reynolds Iv** Managing Member of the General Partner i Filing they signed

RM **Russell M. Barbour** Secretary of the General Partner. i Filing they signed

We also hold **10** 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

**$2.8B** assets it manages Oct 2026

**23+** funds on file numbered funds in its name

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Avenir Management Company, LLC
- **SEC number:** CRD 288045

Funds on its Form ADV

**36** private funds, **$2.0B** in gross assets · filed Apr 2024

- Avenir Growth Partners IV L.P. *Venture* 86 investors $462M
- Avenir Growth Partners III L.P. *Venture* 83 investors $310M
- Avenir Growth Partners II, L.P. *Venture* 69 investors $148M
- Avenir Growth Partners III Co-Invest L.P. *Venture* 6 investors $136M
- Avenir Flutterwave Investors LLC *Venture* 29 investors $106M
- AZK4 LLC *Venture* 6 investors $84M
- Avenir Spinny Investors LLC *Venture* 12 investors $80M
- Avenir Growth Partners II Co-Invest, L.P. *Venture* 7 investors $79M
- Avenir SXF-B Investors LLC *Venture* 18 investors $58M
- Avenir Savage Investors LLC *Venture* 15 investors $55M

And 26 more on the filing.

## What they claim to have backed

From their own portfolio page (on their website)

**60** of 60 we have independently watched raise

[AI powered journaling](https://millionrounds.com/company/rosebud)[Anthropic logo AI](https://millionrounds.com/company/anthropic)[Artsy logo Fine](https://millionrounds.com/company/artsy)[BVNK logo Enterprise-grade](https://millionrounds.com/company/bvnk)[Base Power](https://millionrounds.com/company/base-power)[Bevi logo Smart](https://millionrounds.com/company/bevi)[Brand & retail](https://millionrounds.com/company/inventa)[Bustle logo Digital](https://millionrounds.com/company/bustle)[Carry1st](https://millionrounds.com/company/carry1st)[Castelion](https://millionrounds.com/company/castelion)[Chai Discovery](https://millionrounds.com/company/chai-discovery)[Cognition logo AI](https://millionrounds.com/company/cognition-ai)[Consumer behavior predictive](https://millionrounds.com/company/cotera)[Cosuno logo Construction](https://millionrounds.com/company/cosuno)[Crusoe logo Infrastructure](https://millionrounds.com/company/crusoe)[Current](https://millionrounds.com/company/current)[Databricks logo Data](https://millionrounds.com/company/databricks)[Drizly logo Sold](https://millionrounds.com/company/drizly)[ERP Automation Platform](https://millionrounds.com/company/recurrency)[Expo](https://millionrounds.com/company/expo)[Flutterwave logo Digital](https://millionrounds.com/company/flutterwave)[Foundation model for](https://millionrounds.com/company/slingshot-ai)[Getir](https://millionrounds.com/company/getir)[Global payment processing](https://millionrounds.com/company/rapyd)[High quality frozen](https://millionrounds.com/company/cometeer)[Hippocratic AI](https://millionrounds.com/company/hippocratic-ai)[Inspiren logo AI-powered](https://millionrounds.com/company/inspiren)[Kargo logo AI-enabled](https://millionrounds.com/company/kargo)[MERIT logo Clean,](https://millionrounds.com/company/merit)[Mark43 logo Cloud-based](https://millionrounds.com/company/mark43)[Moov logo Pre-owned](https://millionrounds.com/company/moov)[Mytra logo Warehouse](https://millionrounds.com/company/mytra)[Nivoda logo Diamond](https://millionrounds.com/company/nivoda)[Nominal logo Hardware](https://millionrounds.com/company/nominal)[Paraform](https://millionrounds.com/company/paraform)[Pax8 logo Cloud](https://millionrounds.com/company/pax8)[Physical Intelligence](https://millionrounds.com/company/physical-intelligence)[PortalOne logo Hybrid](https://millionrounds.com/company/portalone)[Ramp logo Corporate](https://millionrounds.com/company/ramp)[Real world intelligence](https://millionrounds.com/company/ami-labs)[Redox logo EHR](https://millionrounds.com/company/redox)[Salesloft](https://millionrounds.com/company/salesloft)[Savage x Fenty](https://millionrounds.com/company/savage-x-fenty)[Shift logo AI-enabled](https://millionrounds.com/company/shift-technology)[ShopMy logo Brand](https://millionrounds.com/company/shopmy)[Sigma Computing](https://millionrounds.com/company/sigma-computing)[Spinny logo Used](https://millionrounds.com/company/spinny)[Sublime logo AI-enabled](https://millionrounds.com/company/sublime-security)[Sundays for Dogs](https://millionrounds.com/company/sundays-for-dogs)[Table22 logo eCommerce](https://millionrounds.com/company/table22)[Tailscale logo Secure](https://millionrounds.com/company/tailscale)[Tech-enabled retail distributor](https://millionrounds.com/company/wasoko)[Till Payments](https://millionrounds.com/company/till-payments)[Tul](https://millionrounds.com/company/tul)[Used car e-commerce](https://millionrounds.com/company/carma)[Vault logo Telemedicine,](https://millionrounds.com/company/vault-health)[Videa logo AI](https://millionrounds.com/company/videahealth)[Xepelin logo LatAm](https://millionrounds.com/company/xepelin)[Zepto logo Quick](https://millionrounds.com/company/zepto)[Zetwerk logo Custom](https://millionrounds.com/company/zetwerk) and 20 more

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.

New fund on file

**$425M**

raised in May 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$150M** the round, not its cheque

Led 7 of 21 rounds **33%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Growth *5*
- Series C *4*
- Series B said *3*
- Series E *2*
- Series A said *1*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 10
- [Founders Fund](https://millionrounds.com/fund/founders-fund) 7
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 6
- [8VC](https://millionrounds.com/fund/8vc) 5
- [GIC](https://millionrounds.com/fund/gic) 5
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) 5

**Pitching Avenir?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**General Catalyst** VC firm **10** rounds together](https://millionrounds.com/fund/general-catalyst)[**Founders Fund** VC firm **7** rounds together](https://millionrounds.com/fund/founders-fund)[**Lightspeed Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**8VC** VC firm **5** rounds together](https://millionrounds.com/fund/8vc)[**GIC** Private equity **5** rounds together](https://millionrounds.com/fund/gic)[**Khosla Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/khosla-ventures)[**Lux Capital** VC firm **5** rounds together](https://millionrounds.com/fund/lux-capital)[**D1 Capital Partners** Hedge fund **4** rounds together](https://millionrounds.com/fund/d1-capital-partners)[**Definition** VC firm **4** rounds together](https://millionrounds.com/fund/definition-capital)[**Thrive Capital** Accelerator **4** rounds together](https://millionrounds.com/fund/thrive-capital)[**137 Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/137-ventures)[**1789 Capital** Private equity **3** rounds together](https://millionrounds.com/fund/1789-capital)

## Recently backed

The latest companies Avenir put money into.

[**Ramp** $1.9B · Oct 2026](https://millionrounds.com/company/ramp)[**Inspiren** $70M · Sept 2026](https://millionrounds.com/company/inspiren)[**Cognition** $2.0B · Sept 2026](https://millionrounds.com/company/cognition)[**Sigma** $80M · May 2026](https://millionrounds.com/company/sigma)[**Mytra** $120M · Jan 2026](https://millionrounds.com/company/mytra)[**Hippocratic AI** $126M · Nov 2025](https://millionrounds.com/company/hippocratic-ai)

## Quick answers about Avenir

### What does Avenir invest in?

Avenir invests most often at Growth and Series C (60% of the rounds on record), in sectors such as Fintech, AI and Healthcare.

### How active is Avenir?

21 investments on record, 10 of them in the last 12 months, and it led 7. The most recent was in Oct 2026.

### What has Avenir invested in recently?

Its most recent investments on record: Ramp (Growth, Oct 2026), Inspiren (Series C, Sept 2026) and Cognition (Series E, Sept 2026).

### How big are Avenir's cheques?

The median round it joins is $150M.

### Does Avenir lead rounds?

Yes: it led 7 of its 21 investments on record (33%).

### Where does Avenir invest?

Most of the companies it backs are in the United States (86%).

### Is Avenir investing now?

Yes: it is actively investing, with 10 investments in the last 12 months.

### Who does Avenir invest alongside?

Most often General Catalyst (10 rounds together), Founders Fund (7 rounds together) and Lightspeed Venture Partners (6 rounds together).

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