CerraCap Ventures has invested in Aviato, a data and analytics platform for private markets. Aviato is prepared to provide users with comprehensive insights, enabling the transformation of unstructured data for funds.
Aviato was founded by 17-year-old Eric Zhu, a young, motivated entrepreneur. According to TechCrunch, Aviato has raised $2.3 million in venture funding and Zhu started building the platform from the bathroom of his high school in Carmel, Indiana. And Zhu learned about the startup space from various Discord group chats he joined in 2020 when he was 13. Zhu started a company in 2021 called Esocial and it was acquired ten months later. From there, he joined Bachmanity Capital (Note: Fans of the show Silicon Valley might notice some of the references here).
KEY QUOTES:
“Data is the prime driver of the AI revolution. Aviato, with its focus on the private markets, is not only collating unique and better forms of data but creating a new layer of systems of intelligence. Surpassing the older forms of data and reports in this extremely lucrative but underserved markets. We’re proud to be associated with the Aviato and the vision of its dynamic founding team and CEO, Eric Zhu.”
- Saurabh Ranjan, Managing Partner of CerraCap Ventures
“We’re incredibly excited to work with CerraCap as an investor in Aviato. With their backing, we are not only positioned for significant growth but also strategically equipped to innovate and lead in our industry. The partners bring significant corporate experience, which will aid us in our market expansion. Together, we will continue to drive forward, leveraging our collective expertise to pioneer technologies that redefine the status quo.”
- Eric Zhu, Founder of Aviato