What Avatech does

Avatech is a Tehran-based startup accelerator that runs 6-month cohort programs for early-stage ventures, operating from a small team of 11-50 employees under co-founders Mo Malayeri (managing director) and Said Rahmani. Founded in 2014, the company provides structured acceleration services to founders within Iran's restricted entrepreneurial ecosystem, where international competitors face material barriers to entry due to sanctions and capital controls.

The company is structured as a privately held accelerator with no disclosed parent or subsidiary relationships, and its operations are anchored in a single location in Tehran. Avatech's core offering centers on a fixed-duration program model, which typically combines mentorship, founder education, and investor introductions over the 6-month cycle. No further detail on cohort size, sector focus, alumni outcomes, mentor network composition, or curriculum is disclosed in the available source material.

Avatech's monetization mechanics are not documented in the input; typical accelerator revenue streams — program fees, corporate sponsorships, government or institutional grants, and equity stakes in portfolio companies — cannot be confirmed for this entity. The only disclosed capital event is a single $1,400,000 funding round dated 2015-08-19, with investors and lead investor unspecified. The company maintains a web presence at avatech.ir, though the referenced domain currently redirects through a parking service, indicating limited public-facing digital infrastructure. Overall, the public information footprint is thin and constrains deeper commercial diligence.

Name

Avatech

Website

https://avatech.ir

Company type

Private

Founded year

2014

Headcount range

11–50 employees

Short description

Avatech is a Tehran-based startup accelerator running 6-month cohort programs for early-stage Iranian ventures, founded in 2014 by Mo Malayeri and Said Rahmani with a team of 11-50 employees.

Ownership category

akta.pro rank

Product category

Startup Accelerator

NAICS

Professional and Management Development Training (61143), Professional and Management Development Training (611430), Educational Support Services (611710)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

akta.pro secondary industries

Youth Business Incubators & Accelerators (EDAMAHAC), Entrepreneurship Foundations & Startup Basics (EDAMAHAA)

Keywords

• Startup accelerator
• Venture building
• Entrepreneurship programs
• Seed mentorship
• Early-stage funding

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Core offering

Avatech is a six-month startup accelerator program based in Tehran, Iran, founded in 2014. The program supports early-stage technology startups through mentorship and seed-stage capital, providing founders with a structured environment to develop and validate their ventures.

Differentiator

Problem solved

Functional benefit

Products and services

• Avatech Startup Accelerator Program A six-month startup accelerator program in Tehran, Iran that supports early-stage technology startups through mentorship, training, and seed-stage capital. Designed for founding teams seeking structured support to validate and grow their businesses.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Broad incumbents

• Wayra (Telefónica): Wayra is the corporate accelerator of Telefónica operating in multiple countries including some MENA and emerging markets. As a corporate-backed, geography-distributed accelerator, it is comparable to the kind of scaled corporate-CVC accelerator Avatech could grow into.
• Plug and Play Tech Center: Plug and Play runs corporate-partnered accelerator programs across multiple verticals globally with a large corporate LP base. It is comparable to Avatech as a multi-vertical program platform, though at much larger scale and with deeper corporate sponsor relationships.

Direct peers

• MassChallenge: MassChallenge runs non-equity and equity-track accelerators for early-stage startups globally, including programs in emerging markets. Its large cohort, mentor-driven model in frontier geographies makes it a structural peer to Avatech.
• Techstars: Techstars operates a global network of 13-week startup accelerators with mentorship-driven cohorts. Its emphasis on accelerator-as-a-service and corporate partnerships is structurally comparable to Avatech's 6-month cohort model in Tehran.
• Y Combinator: Y Combinator runs a multi-month equity-based startup accelerator (now effectively a year-round program) that is the global benchmark in the category. Avatech mirrors YC's structure: a cohort-based program offering seed capital and mentorship in exchange for equity, making it the closest direct peer in operating model.
• Startupbootcamp: Startupbootcamp operates industry-specific accelerator programs in multiple geographies with corporate and government partnerships. Its vertical-focused cohort model and partner-driven thesis make it functionally comparable to Avatech's structured 6-month program.
• SOSV: SOSV operates multiple accelerator programs (HAX, IndieBio, Chinaccelerator, dlab) globally with deep emerging-market exposure. As a fund-operator that runs cohorts across geographies, SOSV is functionally analogous to Avatech's accelerator-investor hybrid model.
• 500 Global (formerly 500 Startups): 500 Global runs accelerator programs and seed-stage investment worldwide with strong emerging-market exposure. Its emerging-markets investing thesis and standardized cohort model position it as a close comparator to Avatech.
• Seedstars: Seedstars runs on-the-ground acceleration and competition programs targeting founders in emerging markets across Africa, Asia, MENA, and Latin America. Its emerging-market focus makes it a strong peer for Avatech's frontier-market positioning.

Regional players

• Flat6Labs: Flat6Labs is the leading MENA-focused early-stage accelerator and seed fund with presence in Egypt, Tunisia, Morocco, and other regional markets. It is the most direct regional comparables to Avatech for cohort structure and MENA investor network access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/avatech_ir
• Facebookfacebook.com/1448416048774228
• LinkedInlinkedin.com/company/avatech-accelerator

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Avatech