Helping early stage startups become proven growth businesses
"Working with Addie is like working with a fellow entrepreneur. She will do whatever it takes to get the best outcome. We spent a lot of time and energy clearing room for Avid in our raise because of how deeply impressed we were ahead of and during our process. We view Addie as a team member, and it’s clear that she contributes beyond her responsibilities as a shareholder. From valuable customer introductions to being a second set of eyes on our financial projections, Avid has not shied away from the real work of building a company."
"The Avid team is fantastic! Even before they invested Avid's involvement led to customer introductions that helped move the needle in the early days when it's the hardest to get new business. Our other investors were super supportive of getting Avid involved in the A round as they knew Avid well and the value they would add to Balance. Since investing, Addie, Tali, and Alex have made dozens more customer intros and helped us build KPI dashboards, and they have been a great sounding board, especially in our Series B fundraise. They are wonderful humans who we love spending time with, and they are most definitely disproportionately helpful partners."
"The Avid team was already rolling up their sleeves to work with us on strategic finance / FP&A before we even started negotiating how they would come onto the cap table. I wasn't planning to raise when they told me they wanted to invest, but getting Avid formally involved was a no-brainer. Avid has been one of our most impactful investors, including introducing us to a plumbing company in their network that ended up becoming our very first customer and design partner."
"It's rare to find an investor who creates so many surface areas for collaboration — and who delivers against all of them. The Avid team has acted as an extended business development arm of the company: identifying potential partners, connecting us through warm intros, and getting us broader exposure. Looking within, the Avid team has been an operational machine: helping us build out our financial plans and KPIs, and supporting as a recruiting machine. In a world of so many new funds, we are confident that Avid is here to stay."
"We got to know Addie and Avid ahead of our Seed raise. Even though we were too early for Avid at that time, the team actively leaned in and provided coaching, introductions, and feedback. We were therefore excited to invite Avid to participate in an oversubscribed inside round ahead of our Series A. Now, Avid continues to roll up their sleeves and make numerous connections to fellow entrepreneurs, investors, and customers. We are thrilled with this relationship, and we believe in Avid so much that we became investors in Avid Fund I!"
The 59 Most Important VCs in New York, According to Other VCsOur Founder & Managing Partner, Addie Lerner, was recognized as one of the most important VCs in New York. "Addie Lerner cut her teeth in growth investing at Goldman Sachs and General Atlantic, where she worked under the renowned investor Anton Levy. At her next stop, General Catalyst, she backed companies such as Rapyd and Chief. Now, she's the founder and managing partner of Avid Ventures, an early-stage firm launched in 2020. Lerner's investments include Alloy, Oyster — both now worth over $1 billion — and Nava."
