New Avenue Inc.
Valuation
$5.5M
2024 Revenue
$10.3M
Customers
1K
Funding
$1.1M
Avg ACV
$10.3K
Team
12
Founded
2009
New Avenue Inc. Revenue, Valuation & Funding (2024)
Developer of remodeling platform home buildings. The company helps in remodeling home buildings with the help of a SaaS collaboration platform.
Last updated
New Avenue Inc. Revenue
In 2024, New Avenue Inc.'s revenue reached $10.3M. The company previously reported $2M in 2024. Since its launch in 2009, New Avenue Inc. has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | New Avenue Inc. Hit $10.3m revenue in November 2024 | |
| 2024 | New Avenue Inc. Hit $2m revenue in October 2024 | Estimated |
| 2023 | New Avenue Inc. Hit $1.3m revenue in October 2023 | Estimated |
| 2021 | New Avenue Inc. Hit $1.3m revenue in April 2021 | |
| 2009 | Launched with $0 revenue |
New Avenue Inc. Valuation, Funding Rounds
New Avenue Inc. reached a $5.5M valuation in 2013, set during its Angel Round round.
New Avenue Inc. has raised $1.1M in total funding across 3 rounds, most recently a $400K Angel Round round in 2016.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2016 | Angel Round | $400K | - | - | |
| 2013 | Angel Round | $366K | $5.5M | 7% | |
| 2011 | Angel Round | $300K | $2.8M | 11% |
Founder / CEO
Kevin Casey
CEO
Kevin is the CEO and founder of New Avenue Inc. At the start, he designed, permitted and built the company’s first 20 projects. As the company has evolved, Kevin’s role has shifted to focus on managing the business, strategizing opportunities for growth, advocating for sustainable housing, and empowering the design and construction teams.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
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| Advice for 20 year old self | - |
Customers
New Avenue Inc. serves 1K customers.
New Avenue Inc. Employees & Team Size
New Avenue Inc. employs approximately 12 people as of 2026. It serves 1K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 12 employees (October 2024) | |
| 2023 | Reached 12 employees (October 2023) | |
| 2022 | Reached 12 employees (October 2022) | |
| 2021 | Reached 14 employees (December 2021) | |
| 2021 | Reached 15 employees (April 2021) |
Frequently Asked Questions about New Avenue Inc.
What is New Avenue Inc.'s revenue?
New Avenue Inc. generates $10.3M in revenue.
Who founded New Avenue Inc.?
New Avenue Inc. was founded by Kevin Casey.
Who is the CEO of New Avenue Inc.?
The CEO of New Avenue Inc. is Kevin Casey.
How much funding does New Avenue Inc. have?
New Avenue Inc. raised $1.1M across 3 rounds.
How many employees does New Avenue Inc. have?
New Avenue Inc. has 12 employees.
Where is New Avenue Inc. headquarters?
New Avenue Inc. is headquartered in Emeryville, California, United States.
Compare New Avenue Inc. to the industry
New Avenue Inc. operates across multiple industries. Browse revenue, funding, and growth data for New Avenue Inc. in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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