Avisare is a technology company.
Avisare has raised $1.0M across 1 funding round.
Avisare has raised $1.0M in total across 1 funding round.
Avisare is a cloud-based procurement SaaS platform that connects large corporations and government entities with small-to-mid-size suppliers, particularly diverse and minority-owned businesses, through an electronic RFP bidding engine.[1][2][3] It serves procurement teams seeking qualified vendors while empowering suppliers with AI-driven RFP recommendations, seamless integrations with vendor management systems, and a freemium model, solving inefficiencies in supplier sourcing, diversity compliance, and supply chain sustainability.[1][2][3] With a social mission to level the playing field, Avisare donates revenue to minority student scholarships via NFTE and emphasizes collaboration in the procure-to-pay process.[1][2]
Founded in 2015 in Los Angeles, the company has achieved full product readiness, participated in Techstars LA (2017), and raised funding from Backstage Capital and others, maintaining a lean team of about 4 employees.[1][2][3]
Avisare was founded in July 2015 by Sky Kelley, a serial entrepreneur and product CEO with a background in digital strategy at Disney, ESPN, and AT&T, plus Wall Street experience at UBS.[1][3] Kelley co-founded America's Minority Health Network (acquired post-$5M Series A) and identified a gap in B2B procurement after recognizing governments' mandates to engage small, minority-, and women-owned businesses amid network-driven inequalities she observed personally.[3]
The idea emerged from Kelley's mission to scale impact through technology, creating a "LinkedIn for the Supply Chain" network rather than a static database.[1][3] Early traction came via the Techstars LA program in 2017, where mentors refined her leadership, branding, and scaling skills, accelerating product development into a double-sided marketplace.[3] Key team members include Jason LaManque (product/UX) and Douglas Finley (software engineering), building on Kelley's vision for user-centric solutions.[2]
Avisare rides the supply chain digitization and ESG trends, where corporations and governments face mandates for supplier diversity (e.g., minority-owned businesses) and sustainable sourcing amid post-pandemic disruptions.[3] Timing aligns with rising procurement SaaS adoption, as AI enhances matching in fragmented markets, reducing manual RFP inefficiencies.[1][2]
Market forces like regulatory pressures for inclusion and environmental goals favor Avisare, positioning it as a scalable enabler in the $10T+ global procurement space.[3] It influences the ecosystem by empowering small businesses (often underserved), boosting economic mobility, and integrating with enterprise tools, contributing to broader supply chain resilience and equity.[1][2][3]
Avisare's lean, mission-driven model positions it for expansion into larger enterprise contracts and international markets, leveraging AI advancements for predictive sourcing.[1][3] Trends like AI automation in procurement, stricter diversity regs, and sustainable supply chains will propel growth, potentially through partnerships or acquisitions by procurement giants.[2]
As a Techstars alum with proven network effects, its influence could evolve from niche diversity tool to core procure-to-pay platform, scaling impact for small suppliers while tying back to Kelley's vision of networks driving equitable opportunity.[3]
Avisare has raised $1.0M in total across 1 funding round.
Avisare's investors include Brass Pen Ventures.
Avisare has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in November 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2017 | $1.0M Seed | Brass Pen Ventures |