The round was led by Frist Cressey Ventures, with participation from new investors Sorenson Capital, Hearst Ventures, and Morgan Stanley Next Level Fund, as well as existing investor FUSE. The round brings Avante's total funding to $40 million.

Avante is the enterprise AI platform for benefits teams. Benefits is one of the most complex, high-stakes functions in any company, and Avante's purpose-built agents take on end-to-end benefits work, from checking vendor contracts against claims to preparing leadership reports to helping employees use and understand their benefits. Samsung Semiconductor, Real Chemistry, Zscaler and News Corp use Avante today to keep costs in check, support employees across the globe, and get more from their benefits investment.