
Avalon Ventures
Overview
Seed and early-stage venture capital focusing on life sciences and IT.
Founded
1983
Deals ยท 12mo
0
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Enlaza Therapeutics | Apr 2024Participated | $100 MSeries A | |
Enlaza Therapeutics | Dec 2022Led | $61 MSeed | |
Jnana Therapeutics | Nov 2022Participated | $107 MSeries C | |
Secure Digital Markets | Oct 2021Led | $4 MOther Equity | |
Joy | Sep 2021Participated | $20 MOther Equity | |
Jnana Therapeutics | Aug 2021Participated | $50 MSeries B | |
Janux Therapeutics | Apr 2021Participated | $125 MSeries B | |
Fortis Therapeutics | Mar 2021Participated | $40 MSeries A | |
Janux Therapeutics | Mar 2021Led | $56 MSeries A | |
Pando | Jun 2020Participated | $8 MSeries A | |
Orion Labs | Mar 2020Participated | $29 MSeries B | |
Node | Jul 2019Participated | $16 MOther Equity | |
Enlaza Therapeutics | Apr 2024Participated | $100 MSeries A | |
Enlaza Therapeutics | Dec 2022Led | $61 MSeed | |
Jnana Therapeutics | Nov 2022Participated | $107 MSeries C | |
Secure Digital Markets | Oct 2021Led | $4 MOther Equity | |
Joy | Sep 2021Participated | $20 MOther Equity | |
Jnana Therapeutics | Aug 2021Participated | $50 MSeries B | |
Janux Therapeutics | Apr 2021Participated | $125 MSeries B | |
Fortis Therapeutics | Mar 2021Participated | $40 MSeries A | |
Janux Therapeutics | Mar 2021Led | $56 MSeries A | |
Pando | Jun 2020Participated | $8 MSeries A | |
Orion Labs | Mar 2020Participated | $29 MSeries B | |
Node | Jul 2019Participated | $16 MOther Equity |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 4 | 2 |
| Series A | 22 | 6 |
| Series B | 4 | 25 |
| Series C+ | 0 | 10 |
| Other Equity | 8 | 18 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Nov '07 | 2 |
| Dec '07 | 0 |
| Jan '08 | 0 |
| Feb '08 | 0 |
| Mar '08 | 0 |
| Apr '08 | 0 |
| May '08 | 0 |
| Jun '08 | 0 |
| Jul '08 | 1 |
| Aug '08 | 0 |
| Sep '08 | 0 |
| Oct '08 | 0 |
| Nov '08 | 1 |
| Dec '08 | 0 |
| Jan '09 | 0 |
| Feb '09 | 0 |
| Mar '09 | 0 |
| Apr '09 | 0 |
| May '09 | 0 |
| Jun '09 | 0 |
| Jul '09 | 0 |
| Aug '09 | 0 |
| Sep '09 | 0 |
| Oct '09 | 0 |
| Nov '09 | 1 |
| Dec '09 | 0 |
| Jan '10 | 0 |
| Feb '10 | 0 |
| Mar '10 | 0 |
| Apr '10 | 2 |
| May '10 | 0 |
| Jun '10 | 1 |
| Jul '10 | 0 |
| Aug '10 | 2 |
| Sep '10 | 2 |
| Oct '10 | 0 |
| Nov '10 | 0 |
| Dec '10 | 0 |
| Jan '11 | 2 |
| Feb '11 | 1 |
| Mar '11 | 0 |
| Apr '11 | 0 |
| May '11 | 0 |
| Jun '11 | 0 |
| Jul '11 | 1 |
| Aug '11 | 1 |
| Sep '11 | 1 |
| Oct '11 | 2 |
| Nov '11 | 1 |
| Dec '11 | 2 |
| Jan '12 | 1 |
| Feb '12 | 1 |
| Mar '12 | 0 |
| Apr '12 | 0 |
| May '12 | 1 |
| Jun '12 | 1 |
| Jul '12 | 3 |
| Aug '12 | 1 |
| Sep '12 | 0 |
| Oct '12 | 1 |
| Nov '12 | 2 |
| Dec '12 | 2 |
| Jan '13 | 0 |
| Feb '13 | 1 |
| Mar '13 | 1 |
| Apr '13 | 3 |
| May '13 | 3 |
| Jun '13 | 0 |
| Jul '13 | 0 |
| Aug '13 | 0 |
| Sep '13 | 1 |
| Oct '13 | 1 |
| Nov '13 | 2 |
| Dec '13 | 1 |
| Jan '14 | 2 |
| Feb '14 | 0 |
| Mar '14 | 1 |
| Apr '14 | 1 |
| May '14 | 1 |
| Jun '14 | 1 |
| Jul '14 | 0 |
| Aug '14 | 1 |
| Sep '14 | 3 |
| Oct '14 | 1 |
| Nov '14 | 1 |
| Dec '14 | 0 |
| Jan '15 | 0 |
| Feb '15 | 1 |
| Mar '15 | 1 |
| Apr '15 | 1 |
| May '15 | 1 |
| Jun '15 | 3 |
| Jul '15 | 1 |
| Aug '15 | 1 |
| Sep '15 | 0 |
| Oct '15 | 0 |
| Nov '15 | 0 |
| Dec '15 | 0 |
| Jan '16 | 0 |
| Feb '16 | 1 |
| Mar '16 | 0 |
| Apr '16 | 0 |
| May '16 | 0 |
| Jun '16 | 1 |
| Jul '16 | 2 |
| Aug '16 | 1 |
| Sep '16 | 1 |
| Oct '16 | 0 |
| Nov '16 | 0 |
| Dec '16 | 0 |
| Jan '17 | 0 |
| Feb '17 | 0 |
| Mar '17 | 1 |
| Apr '17 | 0 |
| May '17 | 0 |
| Jun '17 | 1 |
| Jul '17 | 1 |
| Aug '17 | 0 |
| Sep '17 | 1 |
| Oct '17 | 1 |
| Nov '17 | 0 |
| Dec '17 | 1 |
| Jan '18 | 0 |
| Feb '18 | 0 |
| Mar '18 | 1 |
| Apr '18 | 1 |
| May '18 | 0 |
| Jun '18 | 1 |
| Jul '18 | 0 |
| Aug '18 | 0 |
| Sep '18 | 0 |
| Oct '18 | 1 |
| Nov '18 | 1 |
| Dec '18 | 0 |
| Jan '19 | 0 |
| Feb '19 | 0 |
| Mar '19 | 0 |
| Apr '19 | 0 |
| May '19 | 0 |
| Jun '19 | 0 |
| Jul '19 | 1 |
| Aug '19 | 0 |
| Sep '19 | 0 |
| Oct '19 | 0 |
| Nov '19 | 0 |
| Dec '19 | 0 |
| Jan '20 | 0 |
| Feb '20 | 0 |
| Mar '20 | 1 |
| Apr '20 | 0 |
| May '20 | 0 |
| Jun '20 | 1 |
| Jul '20 | 0 |
| Aug '20 | 0 |
| Sep '20 | 0 |
| Oct '20 | 0 |
| Nov '20 | 0 |
| Dec '20 | 0 |
| Jan '21 | 0 |
| Feb '21 | 0 |
| Mar '21 | 2 |
| Apr '21 | 1 |
| May '21 | 0 |
| Jun '21 | 0 |
| Jul '21 | 0 |
| Aug '21 | 1 |
| Sep '21 | 1 |
| Oct '21 | 1 |
| Nov '21 | 0 |
| Dec '21 | 0 |
| Jan '22 | 0 |
| Feb '22 | 0 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 0 |
| Jul '22 | 0 |
| Aug '22 | 0 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 1 |
| Dec '22 | 1 |
| Jan '23 | 0 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 0 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 1 |
| May '24 | 0 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Networks, Cloud & Communication | 38 |
| Enterprise Software | 36 |
| Health & Life Sciences | 30 |
| Data, Analytics & IT | 13 |
| Media & Entertainment | 13 |
| Marketing & Advertising | 12 |
| AI & Machine Learning | 10 |
| E-Commerce & Retail | 8 |
| Social & Community Platforms | 6 |
| Space & Frontier Tech | 5 |
| Hardware & Robotics | 5 |
| Education & Workforce | 4 |
| Fintech | 4 |
| Gaming & eSports | 4 |
| Cybersecurity & Privacy | 3 |
| Transportation & Logistics | 3 |
| Consumer & Lifestyle | 3 |
| Professional Services | 3 |
| Developer Tools | 3 |
| Travel & Hospitality | 2 |
| Manufacturing | 2 |
| Crypto & Blockchain | 1 |
| Food & Agriculture | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 25 |
| $5M-$10M | 27 |
| $10M-$25M | 25 |
| $25M-$50M | 14 |
| $50M-$100M | 5 |
| $100M-$250M | 3 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 6 of 6 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 91 |
| Europe | 4 |
| 10018 | 1 |
| Canada | 1 |
| Japan | 1 |
| 93401 | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| OrbiMed | 7 |
| Bregua Corporation | 6 |
| Correlation Ventures | 6 |
| RA Capital Management | 6 |
| Union Square Ventures | 6 |
| Foundry Group | 5 |
| Nexus Venture Partners | 5 |
| Osage University Partners | 5 |
| Domain Associates | 4 |
| MPM Capital | 4 |
| New Enterprise Associates | 4 |
| Polaris Partners | 4 |
| Time Warner Investments | 4 |
| Alexandria Venture Investments | 3 |
| Balderton Capital | 3 |
| Canaan Partners | 3 |
| Firsthand Technology Value Fund | 3 |
| FirstMark Capital | 3 |
| General Catalyst | 3 |
| In-Q-Tel | 3 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 38 | 38% |
| Participating | 61 | 62% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 31 | 82% |
| Co-led | 7 | 18% |
Team
Managing Member
Venture Partner
Managing Director
Managing Partner
Partner
Managing Member
Chief Financial Officer