Total amount raised
$60 Millions
Latest funding date
Location
Aviso has successfully raised funding over multiple rounds, with notable investors including Storm Ventures and Scale Venture Partners. The company specializes in AI-driven sales forecasting and pipeline management, offering a comprehensive suite of tools to optimize revenue operations.
Keep reading to explore the intricacies of Aviso's fundraising journey and the investors backing this innovative platform.
What Is Aviso?
Aviso, founded in 2012 by Andrew Abrahams and KV Rao, is headquartered in Redwood City, California. The company operates in the AI, B2B, enterprise software, machine learning, predictive analytics, sales, and software industries.
With a team of 101-250 employees, Aviso offers an AI-driven platform designed to enhance sales forecasting and pipeline management. The platform consolidates various sales applications into a single AI-driven solution to better predict and drive revenue, optimize sales rep performance, and prioritize go-to-market activities.
How Much Funding Has Aviso Raised?
- Series A
- Amount Raised: $8M
- Date: April 2014
- Lead Investors: Bloomberg Beta, Cowboy Ventures, First Round Capital, Shasta Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial product development and market entry.
- Series B
- Amount Raised: $15M
- Date: April 2015
- Lead Investors: NextWorld Capital, Scale Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and scale the product.
- Series B
- Amount Raised: $8M
- Date: February 2017
- Lead Investors: Scale Venture Partners, Next World Capital, Shasta Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the product and expand sales, marketing, and customer service teams.
- Series B
- Amount Raised: $15M
- Date: June 2019
- Lead Investors: Storm Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance service offerings and support strategic growth.
- Series B
- Amount Raised: $14M
- Date: January 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To increase revenue and expand resources to service a growing customer base.
Total Amount Raised: $60M. Current Valuation: Not publicly disclosed.
Key Investors
- Storm Ventures
- Details: Storm Ventures is a venture capital firm that invests in early-stage enterprise software companies. They focus on helping startups scale and achieve market leadership.
- Investment Focus Areas: Enterprise software, SaaS, cloud computing
- Notable Investments: MobileIron, Marketo, Talkdesk
- NextWorld Capital
- Details: NextWorld Capital is a venture capital firm that partners with enterprise technology companies to help them expand into international markets. They provide strategic guidance and support for global growth.
- Investment Focus Areas: Enterprise technology, SaaS, cloud infrastructure
- Notable Investments: Zuora, DataStax, ProsperWorks
- Scale Venture Partners
- Details: Scale Venture Partners is a venture capital firm that invests in early-in-revenue technology companies. They focus on sectors that are poised for rapid growth and market disruption.
- Investment Focus Areas: SaaS, cloud computing, digital media
- Notable Investments: Box, DocuSign, HubSpot
- Bloomberg Beta
- Details: Bloomberg Beta is a venture capital firm backed by Bloomberg L.P. They invest in early-stage startups that are transforming the future of work through technology and data.
- Investment Focus Areas: Machine learning, data analytics, future of work
- Notable Investments: Codecademy, Knotel, MasterClass
- Cowboy Ventures
- Details: Cowboy Ventures is a seed-stage venture capital firm that backs founders building products that re-imagine work and personal life in large and growing markets.
- Investment Focus Areas: Consumer internet, SaaS, mobile
- Notable Investments: Dollar Shave Club, Product Hunt, Rent the Runway
What's Next for Aviso?
As Aviso looks to the future, the company is poised to capitalize on the growing demand for predictive analytics in sales. With a robust platform that leverages AI to forecast revenue and streamline sales operations, Aviso is well-positioned to expand its product offerings and customer base. The recent funding rounds have provided the financial stability needed to scale their operations and enhance their platform's capabilities.
Future fundraising opportunities appear promising, given the increasing interest in predictive analytics and the company's track record of attracting investment. Aviso's strategic leadership, including the appointment of a new CEO with a strong background in SaaS, further bolsters their potential for growth. However, the company will need to navigate challenges such as competition from other predictive analytics firms and the need to continuously innovate to stay ahead in the market.
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