Articles from Avantos

Avantos, an artificial intelligence (AI)-native financial technology company providing an operating system designed to reimagine how financial institutions onboard and service clients, was named by CB Insights to its ninth annual Fintech 100 ranking, showcasing the 100 most promising fintech startups in the world.

Avantos, an artificial intelligence (AI)-native financial technology company providing an operating system designed to reimagine how financial institutions onboard and service clients, today announced an expansion of its wealth management business with the appointments of Hemang Bhojani as Head of Wealth Solutions and Thomas Moore as Head of Wealth Go-to-Market.

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.