Advice AI start-up Avenir to close operations

Co-founder Andrea MacDonald will be joining Saturn

Isabel Baxter
clock • 2 min read

Financial advice artificial intelligence (AI) start-up firm Avenir will be winding down its operations.

Avenir's closure was confirmed in a LinkedIn post today (23 December) by co-founder Andrea MacDonald. She wrote: "After nearly three years of building, growing and learning, we've made the difficult decision to wind down Avenir's operations and take a different path. "It's been an incredible ride, full of learning, late nights, unexpected challenges, and moments of pure joy." Avenir was founded nearly three years ago by MacDonald, Jeremy Bensoussan and Stefan Rotarus. The AI-driven financial reporting firm was built to help financial advisers with tasks such as automating tasks li...

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