# Avocado

**Source:** https://www.startuphub.ai/startups/avocado
**Profile type:** Startup

> Account abstraction solutions for web3.

## About

Avocado provides account abstraction solutions, enabling developers to build more user-friendly and secure decentralized applications. Their technology aims to simplify the complexities of web3 wallets and transactions for end-users.

## Key facts

- **Slug:** avocado
- **Website:** https://www.avocado.xyz/
- **Location:** San Francisco, United States
- **Founded:** 2022-01-01
- **Operating status:** Active
- **Total funding:** $4M
- **Sectors / tags:** Fintech, Web3, Blockchain, DeFi, Account Abstraction, Developer Tools, API Platform

## Frequently asked

### What does Avocado do?

Avocado provides account abstraction solutions, enabling developers to build more user-friendly and secure decentralized applications. Their technology aims to simplify the complexities of web3 wallets and transactions for end-users.

### What is Avocado's revenue?

StartupHub estimates Avocado's annual revenue at $846K (range $564K to $1.7M, 27% confidence), based on comparable companies in the sector.

### What is Avocado's valuation?

StartupHub estimates Avocado's effective valuation at $13.2M (range $8.8M to $21.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Avocado raised?

Avocado has raised a total of $4M in funding. The most recent round on record is Seed.

### Where is Avocado headquartered?

Avocado is headquartered in San Francisco, United States.

### When was Avocado founded?

Avocado was founded in 2022.

### What industry does Avocado operate in?

Avocado operates in Fintech, Web3, Blockchain, DeFi, Account Abstraction, Developer Tools.

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