AdvantageClub.ai Secures $4M Funding for Global Expansion
AdvantageClub.ai, a digital employee engagement and benefits platform powered by AI, has secured $4 million in funding. The company, founded in 2016 by Sourabh and Smiti Deorah, operates in multiple regions, serving prominent clients such as Times Group, EY, and Reliance Nippon Life Insurance.
The funding round was led by Axilor Ventures, a Bangalore-based venture capital firm focusing on seed to Series A stage startups. Other participants included AFG Ventures, Bytez Ventures, Alteria Capital, and angel investors. AdvantageClub.ai offers rewards, recognition, perks, and benefits powered by AI to help companies attract, retain, and engage employees. The platform operates in India, the US, the UAE, and the Philippines.
The company will use the funds to expand its reach, with a focus on the US and the Philippines, using AI to enhance its services. This expansion is part of AdvantageClub.ai's strategy to grow its client base and offer its AI-powered services to more companies worldwide.
AdvantageClub.ai's latest funding round, led by Axilor Ventures, will support the company's geographic expansion, powered by AI. With a strong client base and a comprehensive suite of AI-powered employee engagement and benefits solutions, AdvantageClub.ai is well-positioned to grow its presence in the US and the Philippines.
