Avo raised a $3 million seed round led by GGV Capital.

Iceland United States Investments 03 September 2020
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Avo, a Reykjavik, Iceland-based SAAS developer for tracking and managing analytics governance, announced that it completed a $3 million seed investment round.

The funding process was led by GGV Capital, and included financial contriutions from Heavybit and Y Combinator.

Avo, founded in 2017 by CEO Stefania Olafsdóttir, is a SAAS developer of computer software designed to prevent human errors when implementing analytics. The company's software offers a toolbox to define event-based analytics and generate personalized tracking libraries and debuggers that allows them to take those snippets and add them to their code within minutes.

Prior to this deal, Avo raised funding from Brunnur Ventures and Investa, and was part of Y Combinator in winter 2019.