Team S on Newnex: Eric Zhu, a 17-year-old entrepreneur, has raised…

Eric Zhu, a 17-year-old entrepreneur, has raised $2.3 million in seed…

Team S · 2024-07-23T21:12:21.000Z

Eric Zhu, a 17-year-old entrepreneur, has raised $2.3 million in seed funding for his startup Aviato, which provides analytical insights on private market data. Zhu started the company from his high school bathroom in Carmel, Indiana, using a green screen and ring light to conduct meetings. Aviato analyzes funding rounds, headcounts, credit card spending trends, and other metrics to offer deeper insights than competitors like Crunchbase and Pitchbook. The platform aims to build a robust internal database similar to those used by large funds. The seed round was led by 8VC and Soma Capital, with participation from SoftBank and personal investments from Eric Bahn of Hustle Fund. Aviato has already secured customers including NEA and Republic Capital. Zhu's founding team includes David Razavi from LowerMyBills as COO and Harrison Kessel from Zeet as CTO. The company is now based in San Francisco, where Zhu is finishing his high school degree online while working on Aviato full-time. Despite his unconventional start, Zhu's perseverance and early traction have positioned Aviato to potentially replace Pitchbook as a leading platform for private market data analytics. https://thenorthlines.com/high-school-entrepreneur-raises-2-3-million-for-his-analytics-startup/

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Team S on Newnex: Eric Zhu, a 17-year-old entrepreneur, has raised…