Advance
PrivateLast Round
VC Round
Mar 29, 2023
Total Funding Raised
$10M
Company Overview
Advance operates in FinTech and is based in New York City, New York. Its latest recorded funding round was a VC Round in March 2023.
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 Banking
Business Model
B2B2C
Customer Profile
Usage-Based SaaS, Subscription SaaS
AI Layer
Non-AI
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 |
|---|---|---|
| AgadPay | 93% | |
| Paywatch | 90% | |
| GetPaid | 87% |
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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 |
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Advance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Next Billion Ventures | VC Round |
| Utopian Ventures | VC Round |
| Integra Partners | VC Round |
| Foxmont Capital Partners | VC Round |
| Lendable | Debt, VC Round |
| Accion Ventures | VC Round |
| Do Ventures | VC Round |
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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 VC Round on March 29, 2023.
Who are the main investors in Advance?
Key investors in Advance include Lendable, Do Ventures.
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.