Advance Venture Partners

Advance Venture Partners (AVP), formerly Advance Vixeid Capital Management, is a San Francisco-based evergreen venture capital firm founded in 2015 by David ibnAle, previously a Managing Director at TPG Growth. The firm is built in partnership with Advance, a family-owned multi-generational holding company that owns enduring media and technology businesses. AVP concentrates on digital health, data platforms, robotics, enterprise software, consumer technology, and B2B marketplace-based businesses across the US and Europe. AVP leads Series A, B, and C rounds with initial checks of $10 million to $25 million, and can deploy $50 million to $75 million of total capital over the life of an investment. The firm has made 74 investments to date. Notable portfolio companies include Compass, Curology, Farfetch, Rent the Runway, Vestiaire Collective, Midi Health, GrayMatter Robotics, Tegus, and Affinity. AVP writes checks into businesses with product in market, evidence of product-market fit, sound fundamentals, and large addressable end markets. The partnership team includes Alex Christ, Venture Partner Gina Sanders (also Managing Partner at Advance Publications), and Vice President Ameen Dalli. AVP takes an active ownership posture — working directly with founders on strategy, market development, and team building — reflecting the operational depth that comes from Advance's long history as a builder of media and technology companies.