Avid Secures $6.5M Seed Round to Reimagine Fundraising for the Modern Nonprofit
The Dallas-based firm pioneered the primary AI-powered Fundraising Working System to assist nonprofits plan, personalize, and deploy campaigns sooner.
DALLAS, TX / ACCESS Newswire / October 16, 2025 / Avid, the primary AI-powered Fundraising Working System, at this time introduced a $6.5 million seed spherical led by Silverton Companions, an Austin-based enterprise capital agency. The funding will additional advance Avid’s work to assist fundraisers speed up their mission – bringing technique and execution on demand to the trendy nonprofit.
Already in use by main nonprofit organizations, Avid’s Fundraising Working System connects the instruments fundraisers use every single day – unifying information, insights, and execution into one seamless system that eliminates friction between technique and motion.
“Fundraising is without doubt one of the most mission-critical capabilities within the world-and but it’s been held again for many years by instruments that don’t work collectively,” stated Ray Gary, CEO of Avid. “We’re rebuilding fundraising from the bottom up – placing technique and execution on demand for each nonprofit staff. This funding permits us to broaden that imaginative and prescient and empower extra organizations to behave sooner and fundraise smarter.”
“I’ve spent the previous decade watching nonprofit groups wrestle with the identical information and execution challenges time and again,” stated Kevin Peters, Founder and CTO of Avid. “Avid was constructed to unravel that. We’re not simply surfacing insights – we’re closing the loop from information to deployment so fundraisers can spend much less time managing instruments and extra time driving impression.”
“Nonprofits are beneath growing strain to do extra with much less, and Avid provides them the system to do precisely that,” stated Rob Taylor, Accomplice at Silverton Companions. “The Avid staff understands the complexity of fundraising at a deep stage, and their strategy to harnessing new advances in AI to unify information, intelligence, and automation is each well timed and transformative. We’re thrilled to companion with them as they redefine what’s doable on this sector.”
With the brand new funding, Avid will broaden its staff and speed up innovation throughout product, AI, and go-to-market initiatives to gasoline the following part of development.
About Avid
Avid is the primary AI-powered Fundraising Working System-built to assist nonprofits plan, personalize, and deploy fundraising campaigns sooner. Based by a staff of veteran fundraisers and technologists, Avid unifies information, insights, and execution to assist organizations transfer from info to impression. Study extra at http://www.avidai.com.
About Silverton Companions
Silverton Companions invests in entrepreneurs who’re devoted to tackling development markets and constructing lasting corporations. In partnering with Silverton, corporations profit from its huge community and experience from many years of rising and investing in profitable companies. Silverton Companions relies in Austin, TX, and was the preliminary institutional investor for AlertMedia, Apprentice, Billie, Convio, SailPoint, Silicon Labs, Storable, Self Monetary, SpyCloud, TrendKite, TurnKey Trip Leases, Wheel, WP Engine and The Zebra amongst others. Silverton Companions is Texas’ most lively early-stage funding group with seven funds and over $840 million property beneath administration. For extra info, go to http://www.silvertonpartners.com.
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SOURCE: Avid
