Advance
PrivateLast Round
Seed
Feb 5, 2026
Total Funding Raised
$8.55M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Advance operates in FinTech and is based in New York City, New York. Its latest recorded funding round was a Seed round in February 2026.
Advance is a fintech company that provides a bank-supported financial platform for insurance intermediaries to manage premium payments, automate reconciliation, and earn yield on premium funds.
Sector
FinTech
Verticals
InsurTech, Digital Payments, Compliance & Risk, Workflow Automation
Business Model
B2B
Customer Profile
Payment Processing Fee, Subscription SaaS, Revenue Share
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Advance Comparables
Compare Advance with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Functional Finance | 82% | |
| Ascend | 82% | |
| Simply Easier Payments | 77% |
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Advance Funding Rounds
Historical fundraising activity
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Advance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Harel Insurance Investments & Financial Services | Seed |
| Crystal Venture Partners | Seed |
| Mensch Capital Partners | Seed |
| Vesey Ventures | Seed |
| Newark Venture Partners | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 20, 2026
Open roles increased to 56, 5.6x headcount.
- Jul 6, 2026
Open roles increased from 0 to 17, representing 170% of headcount.
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Advance Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Advance's valuation, stock price, and market status.
Is Advance a public or private company?
Advance is a private company.
What is the current stock price of Advance?
Advance is a private company, so its shares have no public market price. Caplight tracks Advance's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Advance worth (valuation)?
Valuation information for Advance is not publicly available.
Can I buy Advance stock?
Advance shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Advance's last funding round?
Advance's most recent funding round was Seed on February 5, 2026.
Who are the main investors in Advance?
Key investors in Advance include Newark Venture Partners.
Will Advance IPO soon?
No public IPO plans have been announced for Advance.
How can I track Advance secondary market activity?
Caplight tracks bids, offers, and trades in Advance's shares on secondary markets.