ADVANCE.AI Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 338

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $80M

  • Investors
  • 21

ADVANCE.AI General Information

Description

Developer of a big-data platform designed to provide anti-fraud detection services. The company's platform provides assistance for loan applications, including multi-platform detection, face recognition, identity checks, company checks, credit score data, and other analytic services, enabling enterprises to reduce manual verification costs and increase business efficiency.

Contact Information

Website
www.advance.ai
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 80 Robinson Road
  • Number 09-01
  • Singapore, 068898
  • Singapore
Primary Industry
Business/Productivity Software
Other Industries
Network Management Software
Other Commercial Services
Vertical(s)
Cybersecurity, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 80 Robinson Road
  • Number 09-01
  • Singapore, 068898
  • Singapore

ADVANCE.AI Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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ADVANCE.AI Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 20-Apr-2023 $80M 00000 Completed Generating Revenue
5. Later Stage VC (Series D) 22-Sep-2021 00000 00000 000 Completed Generating Revenue
4. Later Stage VC (Series C) 20-Sep-2019 0000 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 18-Jul-2018 0000 0000 Completed Generating Revenue
2. Early Stage VC (Series A) 01-Jan-2016 $6M $6M Completed Startup
1. Seed Round 01-Jun-2015 Completed Startup
To view ADVANCE.AI’s complete valuation and funding history, request access »

ADVANCE.AI Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a big-data platform designed to provide anti-fraud detection services. The company's platform provides assi
Business/Productivity Software
Singapore, Singapore
338 As of 2024
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Boston, MA
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Denver, CO
0000 As of 0000
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ADVANCE.AI Competitors (34)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
RapidMiner Corporate Backed or Acquired Boston, MA 00 000.00 000000&0 000.00
Ping Identity Private Equity-Backed Denver, CO 0000 00000 000000000 00000
Teradata Formerly VC-backed San Diego, CA 0000 00.000 000000000-00
SecureAuth Private Equity-Backed Irvine, CA 000 0000 00000000000
Brandfolder Formerly VC-backed Denver, CO 000 000.00 000000&0 000.00
You’re viewing 5 of 34 competitors. Get the full list »

ADVANCE.AI Executive Team (13)

Name Title Board Seat
Dong Shou Co-Founder, Co-Chief Executive Officer & Chief Operating Officer
Lei Chen Chief Financial Officer
Zhen Wang Chief Technology Officer
Tongtong Li Co-Founder, Chief Human Resources Officer, Chief Of Staff & Partner
Mi Li Chief Marketing Officer
You’re viewing 5 of 13 executive team members. Get the full list »

ADVANCE.AI Board Members (1)

Name Representing Role Since
Jefferson Chen Self Co-Founder, Chairman & Co-Chief Executive Officer 000 0000
To view ADVANCE.AI’s complete board members history, request access »

ADVANCE.AI Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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ADVANCE.AI Investors (21)

Investor Name Investor Type Holding Investor Since Participating Rounds
EvolutionX Debt Capital Lender/Debt Provider Minority 000 0000 000000 0
GIC Group Investment Bank Minority 000 0000 000000 0
Spur Capital Partners Fund of Funds Minority 000 0000 000000 0
Tiga Acquisition Special Purpose Acquisition Company (SPAC) Minority 000 0000 000000 0
EDBI Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 21 investors. Get the full list »

ADVANCE.AI Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
UTown (Communication Software) 01-Mar-2023 0000 00000 00.00 Communication Software
XLD 20-Jul-2022 00000 0000 0000 Other Financial Services
Jewel Paymentech 18-Jul-2022 0000000000 Financial Software 0000 0000
Alchemo 05-Apr-2022 Early Stage VC 000.00 Other Commercial Services
To view ADVANCE.AI’s complete investments and acquisitions history, request access »

ADVANCE.AI Subsidiaries (1)

Company Name Industry Location Founded
Jewel Paymentech Financial Software Singapore, Singapore 0000
To view ADVANCE.AI’s complete subsidiaries history, request access »

ADVANCE.AI FAQs

  • When was ADVANCE.AI founded?

    ADVANCE.AI was founded in 2015.

  • Who is the founder of ADVANCE.AI?

    Dong Shou, Tongtong Li, David Chen Ph.D, Jefferson Chen, and Chun Dong Chau Ph.D are the founders of ADVANCE.AI.

  • Who is the CEO of ADVANCE.AI?

    Dong Shou and Jefferson Chen are the CEOs of ADVANCE.AI.

  • Where is ADVANCE.AI headquartered?

    ADVANCE.AI is headquartered in Singapore, Singapore.

  • What is the size of ADVANCE.AI?

    ADVANCE.AI has 338 total employees.

  • What industry is ADVANCE.AI in?

    ADVANCE.AI’s primary industry is Business/Productivity Software.

  • Is ADVANCE.AI a private or public company?

    ADVANCE.AI is a Private company.

  • What is ADVANCE.AI’s current revenue?

    The current revenue for ADVANCE.AI is 000000.

  • How much funding has ADVANCE.AI raised over time?

    ADVANCE.AI has raised $616M.

  • Who are ADVANCE.AI’s investors?

    EvolutionX Debt Capital, GIC Group, Spur Capital Partners, Tiga Acquisition, and EDBI are 5 of 21 investors who have invested in ADVANCE.AI.

  • Who are ADVANCE.AI’s competitors?

    RapidMiner, Ping Identity, Teradata, SecureAuth, and Brandfolder are some of the 34 competitors of ADVANCE.AI.

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