Articles from Avantos

Avantos, an artificial intelligence (“AI”)-native operating system built to reimagine how financial institutions onboard and service clients, today announced it has completed a $25 million Series A funding round led by preeminent technology and software investment firm Bessemer Venture Partners ("Bessemer"). The round also attracted new strategic investors, including The Guardian Life Insurance Company of America® (“Guardian”), SEI® and Vanguard. This capital builds on the company’s $10 million seed round, which closed in September 2024 and was led by MIT-affiliated E14 Fund. The seed round also included M13, Mercer Advisors and Blue Collective.