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Veteran Investor From General Catalyst & General Atlantic Launches Avid Ventures with $68M Debut Venture Capital Fund


Press release content from Business Wire. The AP news staff was not involved in its creation.
Veteran Investor From General Catalyst & General Atlantic Launches Avid Ventures with $68M Debut Venture Capital Fund
February 19, 2021 GMT
NEW YORK (BUSINESS WIRE) Feb 19, 2021
Avid Ventures today announced the launch of its $68 million debut venture capital fund. Avid backs exceptional founders at the Series A and B stages who are building transformative technology companies. Pursuing a highly collaborative investment strategy, Avid partners with top-tier lead investors and takes a hands-on approach to helping founders evolve their early-stage startups into proven growth businesses.
Avid was founded by Managing Partner Addie Lerner, decade-long investor at General Catalyst, General Atlantic, and Goldman Sachs, and has already made six investments in companies accelerating the credit, identity, co-working, healthcare, mortgage, and alternative payments industries. ....

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