Avid Ventures

Avid Ventures is an early-stage venture capital firm founded in 2020 by Addie Lerner Katz, a former investor at General Catalyst, General Atlantic, and Goldman Sachs' Special Situations Group, headquartered in New York City. It intentionally stays small to work hands-on with founders. Beyond capital, Avid provides deep operational support, including go-to-market and talent introductions, customer intros, recruiting searches, fundraising materials prep, and financial modeling, often before or without formally investing in a company. The firm focuses on fintech, consumer, and software companies across North America, Europe, and Israel, often investing pre-incorporation or pre-product. Notable investments include Rapyd, Alloy, Oyster, Nova Credit, Thatch, Nava, Coast, and Odyssey, with exits including The Wing, Lockstep, Pento, and Juno (acquired by Ramp). Avid raised a $68M debut fund in 2021 and an $87M Fund II in 2024, totaling $165M, with checks reportedly ranging from $500K–$8M. Its approach centers on extremely early, high-conviction bets on founders, prioritizing long-term relationship-building and tangible operational help over passive capital deployment.