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Avante raises $30M Series A led by Frist Cressey Ventures

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Seattle-based Avante raised a $30M Series A led by Frist Cressey Ventures, bringing its total funding to $40M. Sorenson Capital, Hearst Ventures, Morgan Stanley Next Level Fund and existing investor Fuse also participated. Avante makes an AI platform that helps companies manage employee health care and other benefits; its AI agents compare vendor contracts against claims. The startup said it will use the cash to expand internationally and build more AI agents, following last week's beta release of its Ava Agents.

AI-generated from reports · 2 hours agoUpdate

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Oct 28
  1. GeekWireTop Deals
    Seattle startup Avante raises $30M Series A to bring AI agents to corporate benefits teams

    Seattle-based Avante raised a $30M Series A led by Frist Cressey Ventures, bringing total funding to $40M. Its AI agents compare vendor contracts against claims.

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