Avantos Raises $25 Million for AI Workflow Layer
- 5 hours ago
- 2 min read
Avantos, an AI layer for onboarding and servicing clients, recently completed a $25 million Series A funding round led by Bessemer Venture Partners, bringing its total capital raised to $35 million. The investment featured participation from major strategic partners including Vanguard, SEI, and The Guardian Life Insurance Company of America. This capital injection follows a $10 million seed round led by the MIT affiliated E14 Fund in 2024. The New York based company provides an artificial intelligence native operating system designed to transform how financial institutions manage the full lifecycle of client relationships.
The platform uses a knowledge graph architecture to establish deep context around client data, service teams, and workflows. By unifying these elements into a single intelligent environment, Avantos enables firms to move beyond simple automation into complex execution of onboarding and ongoing servicing tasks. This technology is currently in production with major wealth managers and has demonstrated a 30% increase in advisor productivity alongside a 50% reduction in operational and technology costs. It aims to replace fragmented legacy systems that often hinder the delivery of consistent and personalized client experiences.
This funding will support continued investment in the platform, including the expansion of specialized AI agents and deeper integrations with custodians, CRMs, and portfolio management tools. For the WealthTech industry, the growth of Avantos signals a shift toward context aware systems that streamline workflows. As wealth management firms face increasing pressure to scale while maintaining high touch service, this solution offers a path to institutionalize client data and streamline administrative burdens. These advancements are particularly relevant for platforms and integrators seeking to modernize their operations for the AI era.
Knote: They are using the headline suggesting they raised $35 million, but that includes $10 million they raised back in 2024. They are not lying, but usually we only see the current raise in the headline so there is some confusion.