
Avo
Specializes in seasonal, scratch-made salads and bowls, aiming to create comfort through healthy meals while making nutritious food crave-worthy and satisfying.
Date | Investors | Amount | Round |
---|---|---|---|
* | $400k | Angel | |
Total Funding | 000k |
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Avo operates as a fast-casual restaurant chain focused on providing seasonal, scratch-made salads and bowls. The company was founded by Alessandro Biggi and his college friend Francesco, who identified a market need for healthy food that is also satisfying and filling. Their journey began with an experimental Instagram account in 2016 to test interest in an avocado-centric concept, which quickly amassed a following and validated their business idea. The first physical pop-up location opened in mid-2017 in Brooklyn's Sunset Park to test the market, and following a strong positive response, they opened a second location within the first year.
Initially branded as "Avocaderia" and positioned as the world's first avocado bar, the business evolved based on customer feedback. The founders observed that salads and bowls were the most popular items, which led to a strategic rebranding to Avo, shifting the focus to a bowl-centric concept designed for regular, everyday consumption rather than a novelty experience. This pivot was crucial for building a sustainable habit-forming business in the competitive New York City market. The company now operates several locations across NYC.
The business targets health-conscious consumers looking for convenient and nutritious meals. Revenue is generated through direct sales at its physical restaurant locations and via online ordering for pickup and delivery. Avo's menu is centered around customizable and signature bowls and salads, such as the Portobello Road Bowl and Harvest Bowl. It also features gourmet avocado toasts, smoothies, and power plates. A key aspect of their product strategy is the use of healthy fats, like those from avocados, to create meals that are both healthy and satiating. Avo sources its Hass avocados from Michoacan, Mexico, and works with distributors like BaldorFood that emphasize local and sustainable produce. The company fosters customer loyalty through a mobile app that offers rewards, points on orders, and exclusive offers. Keywords: fast-casual restaurant, healthy food, salads, bowls, Alessandro Biggi, Avo, Avocaderia, NYC restaurant, health-conscious consumer, food delivery, seasonal menu, sustainable sourcing, customer loyalty program, restaurant chain, avocado toast, healthy fats, scratch-made meals, food and beverage