Albion leads $6.5m series-A for Avora

Existing investor Crane Venture Partners and a number of angel backers also took part in the round, which was led by Albion's technology investment arm, Albion VC.

The fresh capital will enable the company to expand into the US market, and recruit to its management and sales teams.

Previous funding
Crane invested £1.5m in a funding round for Avora alongside angel investors in 2017.

Company
Founded in 2014, London-headquartered Avora develops data analytics software that uses machine learning to seek and flag data anomalies, in addition to identifying their root causes.

People
Albion VC – Ed Lascelles (partner).
Crane Venture Partners – Scott Sage (partner).
Avora – Ricky Thomas (CEO).

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• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom
• Albion Ventures
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