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§ Private Profile · Austin, TX, USA
SaaS software platform providing AI-driven debt collection software for third-party agencies, combining digital engagement and self-service payments.
Based in Austin, Texas, Avtal develops AI-driven debt collection software designed to help third-party agencies maximize financial recoveries through digital consumer engagement and self-service payment portals. The software-as-a-service platform integrates automated email and text messaging workflows with traditional call center capabilities to modernize the payment collections process while ensuring strict regulatory compliance and improving the overall consumer experience. To support its ongoing operational scale, the enterprise has secured $24 million in combined Seed and Series A funding from venture capital backers including lead investor S3 Ventures and NJP Ventures. The executive leadership team includes Chief Executive Officer Khaled Bitar, Chief Growth Officer John McNamara, and Chief Technology Officer Chad Oliver, who collectively oversee the platform's deployment across traditional and digital-first collection firms. Avtal was established in 2023 by founder and current President Joe Gelbard.
Avtal has raised $24.0M across 1 funding round.
Avtal has raised $24.0M in total across 1 funding round.
Avtal has raised $24.0M across 1 funding round. Most recently, it raised $24.0M Series A in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 19, 2026 | $24M Series A | S3 Ventures | NJP Ventures | Announced |
Avtal has raised $24.0M in total across 1 funding round.
Avtal's investors include S3 Ventures, NJP Ventures.