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Developer of remodeling platform home buildings. The company helps in remodeling home buildings with the help of a SaaS collaboration platform.
Last updated
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.
New Avenue Inc. reached a $5.5M valuation in 2013, set during its Angel round.
New Avenue Inc. has raised $1.1M in total funding across 3 rounds, most recently a $400K Angel 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% |
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.
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
New Avenue Inc. serves 1K customers.
New Avenue Inc. employs approximately 12 people as of 2026. It serves 1K customers that rely on its solutions.
New Avenue Inc. generates $10.3M in revenue.
New Avenue Inc. was founded by Kevin Casey.
The CEO of New Avenue Inc. is Kevin Casey.
New Avenue Inc. raised $1.1M across 3 rounds.
New Avenue Inc. has 12 employees.
New Avenue Inc. is headquartered in Emeryville, California, United States.
New Avenue Inc. operates across multiple industries. Browse revenue, funding, and growth data for New Avenue Inc. in each sector below.
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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Valuation
$5.5M
2024 Revenue
$10.3M
Customers
1K
Funding
$1.1M
Avg ACV
$10.3K
Team
12
Founded
2009
| 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 |
| 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) |
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