What is Avvir?
Founded in 2017 and headquartered in New York City, Avvir operates at the intersection of construction technology and artificial intelligence. The company provides an end-to-end monitoring platform that leverages laser scanning and machine learning to identify discrepancies between building information models and physical site progress. By automating the verification process, Avvir enables project stakeholders to mitigate risks, reduce rework costs, and ensure adherence to complex architectural specifications. This capability is increasingly vital in an era where enterprise-level construction projects demand unprecedented precision and real-time data transparency.
How much funding has Avvir raised?
Avvir has raised a total of $12.7M across 3 funding rounds:
Angel/Seed
$2.5M
Debt
$150K
Other Financing Round
$10M
Angel/Seed (2019): $2.5M with participation from Metaprop, Khosla Ventures, and Localglobe
Debt (2020): $150K led by PPP
Other Financing Round (2021): $10M supported by Trust Ventures
Key Investors in Avvir
Khosla Ventures
A prominent venture capital firm founded by Vinod Khosla, specializing in breakthrough technologies across AI, enterprise software, and robotics.
Localglobe
A London-based venture capital firm focused on supporting early-stage startups with high growth potential and disruptive business models.
Trust Ventures
An investment firm that partners with companies navigating complex regulatory environments and scaling innovative infrastructure solutions.
What's next for Avvir?
With the latest capital injection, Avvir is poised to scale its enterprise-grade monitoring services across global markets. The strategic focus will likely shift toward deepening its AI-driven diagnostic capabilities and expanding its integration ecosystem with existing BIM software providers. As the construction industry undergoes a digital transformation, Avvir is well-positioned to capture significant market share by providing the objective, data-driven oversight required for modern infrastructure development. The company's growth trajectory suggests a transition from early-stage product-market fit to a phase of rapid commercial expansion and operational scaling.
See full Avvir company page
