Avataar, has announced it has successfully raised an additional $100 million for Opportunities Fund. For strategic top-up opportunities in star portfolio companies this fund will be used. As well as to make new investments, this fund will be utilized. The team welcomes a few large institutional funds to the Avataar family.
The team added that the focus will remain on making $10-30 million growth-stage investments in B2B and SaaS companies that have at least $15 million ARR, and are looking to scale globally. The idea is to successfully build, scale, and accelerate the growth of companies, and for that, entrepreneurs will need partners with operational action bias.
