Quansight Initiate
Quansight Initiate is an early-stage venture capital firm based in Austin, Texas, that focuses on investing in startups that rely heavily on open-source technology. The firm prioritizes opportunities in education technology, the Internet of Things, data management, data science, machine learning and artificial intelligence, and information technology, with a regional emphasis on Texas and Utah. It seeks companies developing open-source solutions across various markets and aims to back teams that build scalable software and data-focused platforms.
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Past deals in Utah
Asa Technologies, Corporation
Seed Round in 2023
ASA operates a fintech app store that empowers financial institutions, such as banks and credit unions, by providing a secure and compliant marketplace for innovative technology solutions. This platform enables financial institutions to offer diverse mobile tech options for budgeting, saving, investing, and business management, tailored to meet the varying needs of their customers. By facilitating access to cutting-edge tools developed by independent developers, ASA allows users to select the fintech solutions that best suit their preferences without the need for personal data registration or sharing sensitive financial information. This approach not only enhances customer choice and control but also reduces the risks and costs associated with developing proprietary technology.
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