When was Avista Development founded?

Avista Development was founded in 1989.

Where is Avista Development headquartered?

Avista Development is headquartered in Spokane, WA.

What is Avista Development's total asset value?

Avista Development has around in total assets under management.

How many investments has Avista Development made?

Avista Development has made 26 investments.

What has Avista Development invested in?

Avista Development has made numerous investments in companies like Blaze Barrier , ConnectDER , and PayGo Utilities within the Commercial Products, Alternative Energy Equipment, and Financial Services industries.

What has Avista Development invested in recently?

Avista Development's latest investment was on 29-Jan-2026 in Blaze Barrier , a company within the Commercial Products industry.

Avista Development investment portfolio

Avista Development Overview

Investor Type

Venture Capital

Status

Active

Professionals

1

Investments

26

Portfolio

9

Exits

4

Avista Development General Information

Company Description

Founded in 1989, Avista Development is a venture capital arm of Avista (Spokane) based in Spokane, Washington. The firm seeks to invest in strategic, early-stage energy companies.

Business Details

Year Founded

1989

Investor Status

Actively Seeking New Investments

Primary Investor Type

Corporate Venture Capital

Other Investor Types

Real Estate

Corporate Office

Mail Stop Code - 15
Spokane, WA 99252-0001
United States

+1 (800)

Avista Development Investments (26)

Company Name	Deal Date	Deal Type	Industry	Company Stage
Blaze Barrier	29-Jan-2026	Early Stage VC	Other Commercial Products	Startup
ConnectDER	18-Nov-2024		Alternative Energy Equipment	Generating Revenue
Blaze Barrier	15-Jun-2024		Other Commercial Products	Startup
PayGo Utilities	26-Apr-2024		Other Financial Services	Generating Revenue
Omnidian	03-Oct-2023		Other Energy Services	Generating Revenue
ConnectDER	16-Mar-2023		Alternative Energy Equipment	Generating Revenue
Open Energy Solutions	28-Feb-2023		Business/Productivity Software	Generating Revenue
Exceleron	01-Dec-2022		Financial Software	Generating Revenue
Omnidian	22-Sep-2022	Later Stage VC	Other Energy Services	Generating Revenue
ConnectDER	11-Jul-2022	Later Stage VC	Alternative Energy Equipment	Generating Revenue

You’re viewing 10 of 26 investments. Get the full list »

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Avista Development Exits (4)

Company Name	Exit Date	Exit Type
Safeguard	01-Mar-2026	Secondary Transaction - Private
Spirae	16-Jan-2026
Porch Group	20-Dec-2020	Reverse Merger
TROVE Predictive Data Science	10-Feb-2020	Buyout/LBO

To view Avista Development’s complete exits history, request access »

Avista Development Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.