Exclusive: Peloton Cofounder Launches Software Company To Shake-Up A New Industry

Peloton cofounder, Graham Stanton, is shifting his focus from fitness nuts to financial wonks.

Stanton and Thomas designed Avise to fill the gap in the middle. They’re want to give startups the same tools used by S&P 500 companies, but without the high cost and high maintenance. With dynamic design, cloud computing, a collaborative interface, and live data, Avise can serve as a robust accounting ledger and deliver real-time analytics on the financial health of a business.

To help build a consumer friendly, design-based product, Stanton and Thomas recruited Peloton’s original UX creator, Eric Hwang . Stanton had scored a multi-million windfall after Peloton’s 2019 IPO and was looking to start a new company. “I guess I must be addicted to the struggle.” He and Thomas had talked about a launching a software startup for years, and on a drive through the Icelandic wilderness, Stanton convinced Thomas, then accounting director at Boston’s Alnylam Pharmaceuticals, to launch Avise with him.

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Exclusive: Peloton Cofounder Launches Software Company To Shake-Up A New IndustryAvise wants to give start-ups the same CFO tools used by S&P 500 companies, but without the high cost and high maintenance. With dynamic design, cloud computing, collaborative tools, and live data, Avise is a robust accounting ledger that can deliver live data on financial health of a business. Yes cause he’s done such a wonderful job revolutionizing the exercise industry through the manufacturing of overpriced, overhyped corporate death machines. Maybe he can kill those people, too What can he attach an IPAD to next?
Fuente: Forbes - 🏆 394. / 53 Leer más »

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