# Avanseus

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

- Industry: Software
- Headquarters: Singapore
- Website: www.avanseus.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Aug 14, 2020)
- Investors on record: 3

## About

Based in Singapore, and founded in 2015 by its CEO Bhargab Mitra and co-founder Chiranjib Bhandary, Avanseus Holdings Pte. Ltd. develops and markets artificial intelligence-driven enterprise applications. As of June 2022, the company operates in Singapore, Bangalore, United States, Montecchio Maggiore, Veneto, and Italy.

Avanseus Holdings Pte. Ltd. specializes in building enterprise solutions driven by artificial intelligence and cognitive computing. The company offers a cognitive assistant for networks (CAN) solution that helps detect failures that cannot be identified by existing network monitoring systems and uses machine learning to extract information for network operations; Predictive Maintenance (PdM) solution that uses proprietary algorithms to directly monitor the condition and performance of equipment during normal operations to reduce the likelihood of failures.

## Funding rounds

- Series A, Aug 14, 2020, $2.5M — Wave Hill Endowment, SEEDS Capital, TNB Aura

## Investors

- Wave Hill Endowment — Series A
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Series A
- TNB Aura (https://capitalatlas.ai/funds/tnb-aura) — Series A