# Adanate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adanate

- Industry: Biotechnology
- Headquarters: La Jolla, US
- Website: www.adanate.com
- Total disclosed funding: $30M
- Latest round: Series A (Dec 27, 2021)
- Investors on record: 2

## About

Adanate, Inc. is a technology company that provides innovative software solutions aimed at enhancing operational efficiency across various industries, including finance, healthcare, and manufacturing.Founded in 2017 and headquartered in La Jolla, US, Adanate, Inc. focuses on delivering tailored software applications that streamline data management. Their most recent funding round was the Series A, in which they raised USD 30.00 mn on December 27, 2021, led by Westlake Village BioPartners with participation from Avalon Ventures. Adanate has completed a total of 1 deal to date.Adanate specializes in providing innovative solutions tailored for various industries, emphasizing technology-driven products designed to enhance operational efficiency. Their core offerings include a suite of software applications that streamline data management and improve decision-making processes for businesses in sectors such as finance, healthcare, and manufacturing. These products address specific client challenges, such as real-time data analytics, workflow automation, and enhanced customer engagement, serving small to medium-sized enterprises as well as larger corporations primarily located in North America and Europe.Adanate generates revenue through a structured model that includes software subscriptions and service partnerships. Clients typically engage with the company through annual subscription agreements, which grant them access to the full suite of products alongside additional customization services. The pricing structure accommodates various client needs, incorporating tiers based on usage or feature access, allowing flexibility for B2B clients. Their flagship products are designed to address high-demand business processes, further solidifying the company's market presence.Following the Series A funding round, which raised USD 30.00 mn, Adanate, Inc. plans to utilize these resources to develop new software products aimed at enhancing operational capabilities in the finance and healthcare sectors. The company targets expansion into new geographic regions, specifically aiming to enter the European market by the end of 2023. This strategic growth plan is expected to enhance their market footprint and drive further client engagement.

## Funding rounds

- Series A, Dec 27, 2021, $30M — Avalon Ventures, Westlake Village BioPartners

## Investors

- Avalon Ventures (https://capitalatlas.ai/funds/avalon-ventures) — Series A
- Westlake Village BioPartners (https://capitalatlas.ai/funds/westlake-village-biopartners) — Series A