Avise, an accounting software startup led by a co-founder of Peloton has made St. Louis a hub of its operations, with the city being home to a cluster of its software development employees and its only office.
“I would come out to St. Louis and really enjoyed meeting the (software) engineers out there,” Thomas said. “When I co-founded Avise and we were looking for engineers, I came back to St. Louis and started there.” Avise’s growth in St. Louis comes as its business expands. It launched last year with beta users of its software and has started to sign contracts with clients. Its accounting software is currently designed for privately owned companies, but it plans to make it available for publicly traded firms by year’s end. “2022 is a big year for us in terms of going from pre-revenue to revenue and then going from private companies only to publicly traded companies,” Thomas said.