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The Venture Codex

Avenir

817 Broadway 12th Floor, New York, NY, 10003, United States

Overview

Avenir Growth Capital is a New York-based private investment firm focused on growth equity opportunities. It partners with visionary founders to build high-quality businesses capitalizing on paradigm shifts.

Total investments
60
Lead investments
22
Investments · 12mo
13
Active investors
5

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Chai Discovery

    Participated · Series C · Jul 2026

    Chai Discovery develops AI models that reason about biological structure and function to generate new molecular designs from scratch and put those models into a software platform used by pharma teams. The company reports partnerships and deployments with major pharmaceutical firms, including Eli Lilly and Pfizer. Its model lineup includes Chai-2, released in 2025 as the first zero-shot generative platform for fully de novo antibody design to achieve double-digit experimental success rates, and Chai-3, which materially improves target success rates and binding affinity versus its predecessor. Founded in 2024 and based in San Francisco, Chai aims to bring engineering precision, speed and scale to pre-clinical discovery. The company recently raised $400M in a Series C at a $3.8B valuation to accelerate R&D, deployment and partnerships.

  • Current

    Participated · Series E · Jun 2026

    Current serves millions of Americans with integrated consumer fintech products designed to help users access liquidity, manage cash flow, build savings, and improve financial outcomes. The company attributes its growth to investments in technology and AI infrastructure that enable personalized financial experiences at scale and maintain operating leverage. Current has achieved three consecutive years of growth exceeding 70% and said it is advancing toward profitability in 2026. The company plans to use the new capital to invest in product innovation, AI-powered financial services, and to expand its banking, payments, liquidity, and credit offerings. Current has also focused on building operational scale, governance, and a financial profile aligned with public market readiness.

  • Ramp

    Participated · Series F · Jun 2026

    Ramp started as an expense-management platform and has expanded into payments, fraud detection, procurement, vendor management and accounting while integrating AI capabilities across its product suite. The company says it has more than 70,000 customers, including Visa, Uber, Shopify, Anduril and Figma, up from 50,000 last November. Ramp reported annualized revenue of more than $1 billion (with Bloomberg reporting a run-rate above $1.5 billion) and said it has reached positive free cash flow. It has launched AI-focused features such as AI agents for procurement, expense management, accounting and budgeting, and even a corporate credit card intended for AI-agent use. Ramp has raised over $3 billion in total capital to date. Management has indicated an eventual aim to go public, though no timing was given.

  • Sigma Computing

    Participated · Series E · May 2026

    Sigma is built on the cloud data warehouse and provides a governed workspace that supports a spreadsheet interface, SQL, Python, and native AI to let teams explore live data, build applications, and automate workflows without moving data. The company emphasizes secure, warehouse-native architecture and has launched products including Sigma Agents (no-code agents), Sigma Assistant (an AI copilot), Sigma Data Modeling Skills for AI Agents, and the Sigma MCP Server for governed answers into AI chat assistants. Sigma reported strong financial momentum, surpassing $200 million in ARR in April 2026, achieving 100%+ year-over-year growth in the latest fiscal year, and adding over 1.1 million new active users in that period. It serves more than 2,000 customers worldwide, including large enterprises and AI innovators. The announcement originated from Sigma's San Francisco office and framed the company as driving adoption of agentic analytics and AI workflows while emphasizing governance, reliability, and security.

  • Mytra

    Led · Series C · Jan 2026

    Founded in 2022 and headquartered in Brisbane, CA, Mytra develops an operating system that abstracts material flow into programmable primitives—move, store, pick, and route—enabling flexible, software-defined automation for warehouses and factories. The platform targets the 80% of industrial sites that currently have no automation by reducing cost and complexity while reclaiming aisle and clearance space; early deployments have cut material-handling labor by 32% and improved storage density by 34%. In 2025 the company secured contracts with a Fortune 100 food company and a Fortune 500 industrial-supply distributor, including one deployment 60× larger than any previous installation. Operational momentum included shipping two pilot systems, bringing a new facility seven times larger than its prior space online, and expanding headcount by 78% while adding senior executives such as a CFO, Chief Development Officer, and VP of Scaling. Former Tesla CFO Zach Kirkhorn also joined the board. Mytra is currently hiring for more than 20 roles to support rising demand. The company has raised more than $200 million to date to finance rapid scaling of its software-defined automation platform.

Team