Venture Capital
SAN FRANCISCO, December 7, 2018-- Business communications software firm Avochato announced today that it raised $5 million in Series A funding led by Amity Ventures with participation from return backer XSeed Capital, Michael Stoppelman (former Yelp executive), and Jonathan Swanson (Thumbtack Co-founder and President). Avochato, which provides a mobile messaging platform for customer relationship management (CRM), scaled to hundreds of customers and seven-figure revenue within one year and with only five employees. The funding signals Avochato’s strong early traction and a growing need for more advanced and streamlined messaging solutions as businesses respond to shifts in communication behaviors.

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