Avante Raises $10 Million in Seed Funding Led by FUSE
Summary
SEATTLE, January 12, 2024-- Avante, a stealth Seattle-based startup, today announced it has raised $10 million in seed funding led by Bellevue WA-based FUSE, with participation from Ascend Venture Capital, Highsage and a group of strategic angel investors. Led by former OliveAI executives Rohan DSouza and Carly Eckert, MD, Ph.D., Avante is pursuing one of the largest untapped categories in enterprise software. Avantes founding team also includes Amperity founder and former CEO Kabir Shahani as executive chair. According to DSouza, the Pacific Northwest notably Seattle offers a perfect amalgam of deep engineering talent and a depth of thoughtful entrepreneurship that will help Avante move quickly in bringing its product to market. We plan to recruit top talent and expect to quadruple our core development team in the next 12 months.