Avalon Ventures Management, LLC
Avalon Ventures Management, LLC is a Seed, Series A, Series C+ and early-stage fund in the US writing $1M–$10M checks into life-sciences, information-technology, therapeutics, drug-discovery, wireless-communications, cloud-computing, digital-media and web-3.0.
- Stages
- Seed, Series A, Series C+, early-stage
- Sectors
- life-sciences, information-technology, therapeutics, drug-discovery, wireless-communications, cloud-computing, digital-media, web-3.0
- Check size
- $1M–$10M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 1983
- Assets under management
- $750M+
Thesis
Avalon Ventures Management, LLC is a venture capital firm established in 1983, with headquarters in La Jolla, California, and an office in Cambridge, Massachusetts. The firm operates with a thesis-driven investment strategy, focusing on identifying and nurturing disruptive ideas within the life sciences and information technology sectors. Their specific areas of interest include therapeutics, drug discovery, wireless communications, cloud computing, digital media, and Web 3.0 technologies. Avalon Ventures is known for its hands-on approach, often incubating companies from their inception and providing crucial operational support to founders. They frequently serve as the first institutional investor, playing a significant role in shaping a company's development. The firm has managed over $750 million in capital across eleven venture funds. They typically participate in rounds with 4-5 investors and are involved in 7-12 deals annually, with a common investment range of $10 million to $50 million, and a sweet spot of around $5 million ($1 million to $10 million).
Common questions
Does Avalon Ventures Management, LLC invest at the Seed stage?
Yes. Avalon Ventures Management, LLC lists Seed, Series A, Series C+ and early-stage among the stages it invests in.
What check size does Avalon Ventures Management, LLC write?
Avalon Ventures Management, LLC writes $1M–$10M checks.
Where does Avalon Ventures Management, LLC invest?
Avalon Ventures Management, LLC invests in the US.