Advance
PrivateLast Round
VC Round
Mar 29, 2023
Total Funding Raised
$10M
Company Overview
Advance is a fintech company that provides financial infrastructure for the insurance industry, modernizing how insurance intermediaries manage and move premium funds.
Sector
FinTech
Verticals
Lending & Credit, HR, Digital Payments
Business Model
B2B2C
Customer Profile
Usage-Based SaaS, Subscription SaaS
AI Layer
Non-AI
Keywords
EWAearned wage accesssalary advancesalary on demandpayday loan alternativepayroll integrationfinancial wellnessinstant payemployee benefitsshort-term liquidityB2B2Cfintechpayroll financingusage-based billing
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Advance Comparables
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Advance Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Mar 29, 2023 | ||||
| Debt | Mar 29, 2023 | ||||
| Seed | May 28, 2020 |
Advance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Next Billion Ventures | VC Round |
| Utopian Ventures | VC Round |
| Integra Partners | VC Round, Seed |
| Foxmont Capital Partners | VC Round |
| Lendable | Debt, VC Round |
| Accion Ventures | VC Round, Seed |
| Do Ventures | VC Round |
Advance Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Advance's valuation, stock price, and market status.
Firmographic Details
HeadquartersNew York City, New York
Year Founded2024
Last FundingMar 29, 2023