Avid Ventures

Avid Ventures is a New York-based early-stage venture capital firm specializing in high-growth software and fintech companies. Founded by Addie Lerner and Jonathan Rosenbaum, both of whom bring significant experience from prominent growth equity firms like Insight Partners and General Catalyst, Avid Ventures leverages a deep understanding of the enterprise software and financial technology landscapes. The firm aims to identify and support disruptive companies from their nascent stages, providing capital alongside strategic guidance to accelerate their growth trajectories.

The firm has successfully raised two funds, demonstrating strong investor confidence in its strategy and team. Avid Ventures closed its inaugural fund at $72 million in 2021, quickly establishing its presence in the early-stage investment ecosystem. Building on this momentum, the firm subsequently closed an oversubscribed second fund at $140 million in 2023, bringing its total assets under management to $212 million. Avid Ventures typically deploys initial checks ranging from $1 million to $10 million, targeting companies primarily in their Seed, Series A, and Series B rounds. This flexible check size allows them to participate meaningfully in various early-stage opportunities while reserving capital for follow-on investments.

Avid Ventures distinguishes itself through a founder-centric approach, aiming to be a true partner to its portfolio companies. The firm emphasizes providing more than just capital, offering operational insights, strategic connections, and support in areas such as talent acquisition, go-to-market strategies, and financial planning. Their investment thesis centers on identifying strong teams building innovative solutions that address significant market needs within the software and fintech sectors. By combining substantial capital with hands-on support, Avid Ventures seeks to empower its portfolio companies to scale rapidly and achieve market leadership.