Investments
51Portfolio Exits
2Funds
2Latest AV8 Ventures News
Aug 8, 2023
One Model , an Austin, TX-based people analytics software company, raised $41m in growth funding. The round was led by Riverwood Capital, with participation from Queensland Investment Corporation (QIC), Geekdom, and AV8 Ventures. The company intends to use the funds to accelerate the development of its two core technology solutions. Led by Chris Butler, Co-founder and CEO, One Model provides the People Data Cloud™ and One AI, which offer advanced analytics capabilities and data orchestration to help businesses make data-driven decisions, optimize talent strategies, and facilitate business success. The People Data Cloud™ is a workforce data orchestration platform which allows organizations to utilize the full potential of their workforce data, garner actionable insights, and make data-informed decisions that drive business success. One AI is a secure data science, machine learning, and predictive analytics platform in the HR analytics category, which promotes ethical, explainable AI-generated insights for employers. One Model is used by players around the world and across sectors. Among its customers are one of the world’s largest web design and hosting companies, the leading online securities trading app, a global payroll provider, and dozens and dozens of globally-recognized brands.
AV8 Ventures Investments
51 Investments
AV8 Ventures has made 51 investments. Their latest investment was in Cerby as part of their Series A on August 8, 2023.
AV8 Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/22/2023 | Series A | Cerby | $17M | No | 3 | |
8/7/2023 | Series B | One Model | $41M | Yes | 3 | |
7/13/2023 | Series C | Embrace | $20M | No | 5 | |
7/6/2023 | Seed VC - II | |||||
6/5/2023 | Series A |
Date | 8/22/2023 | 8/7/2023 | 7/13/2023 | 7/6/2023 | 6/5/2023 |
|---|---|---|---|---|---|
Round | Series A | Series B | Series C | Seed VC - II | Series A |
Company | Cerby | One Model | Embrace | ||
Amount | $17M | $41M | $20M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 3 | 3 | 5 |
AV8 Ventures Portfolio Exits
2 Portfolio Exits
AV8 Ventures has 2 portfolio exits. Their latest portfolio exit was Rephrase.ai on November 22, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/22/2023 | Acquired | 7 | |||
Date | 11/22/2023 | |
|---|---|---|
Exit | Acquired | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 7 |
AV8 Ventures Fund History
2 Fund Histories
AV8 Ventures has 2 funds, including AV8 Ventures Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
9/9/2021 | AV8 Ventures Fund II | $180M | 1 | ||
4/24/2019 | AV8 Ventures Fund |
Closing Date | 9/9/2021 | 4/24/2019 |
|---|---|---|
Fund | AV8 Ventures Fund II | AV8 Ventures Fund |
Fund Type | ||
Status | ||
Amount | $180M | |
Sources | 1 |
AV8 Ventures Team
3 Team Members
AV8 Ventures has 3 team members, including current Managing Director, George Ugras.
Name | Work History | Title | Status |
|---|---|---|---|
George Ugras | IBM, Adams Capital Management, Apax Partners, and McKinsey & Company | Managing Director | Current |
Name | George Ugras | ||
|---|---|---|---|
Work History | IBM, Adams Capital Management, Apax Partners, and McKinsey & Company | ||
Title | Managing Director | ||
Status | Current |
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