Advocado Raises $10M, Names Michael Beer to Board
Advocado, Inc., a data platform based in St. Louis, Missouri, has secured $10 million in funding. The details of the investors, apart from Crescent Cove Advisors, remain undisclosed.
The funding round was led by Crescent Cove Advisors, which invested $7.5 million. The company aims to use these funds to rapidly expand its operations and speed up the development of new features.
Michael Beer, an experienced financial advisor with 20 years under his belt, has joined Advocado's board. Beer, previously an investor at Vest Coast Capital, brings valuable insight to the team.
Advocado has raised $10 million in funding, with Crescent Cove Advisors leading the round. The company plans to use these funds to grow quickly and enhance its capabilities. Michael Beer's appointment to the board strengthens Advocado's financial expertise.