ADVANCE.AI Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
338
- 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.aiCorporate Office
- 80 Robinson Road
- Number 09-01
- Singapore, 068898
- Singapore
Corporate Office
- 80 Robinson Road
- Number 09-01
- Singapore, 068898
- Singapore
ADVANCE.AI Timeline
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 |
ADVANCE.AI Comparisons
Industry
Financing
Details
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 |
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 |
ADVANCE.AI Board Members (1)
Name | Representing | Role | Since |
---|---|---|---|
Jefferson Chen | Self | Co-Founder, Chairman & Co-Chief Executive Officer | 000 0000 |
ADVANCE.AI Signals
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 |
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 |
ADVANCE.AI Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
Jewel Paymentech | Financial Software | Singapore, Singapore | 0000 |
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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