AdvantageClub.ai, a leader in employee engagement solutions, has successfully raised $4 million in its latest funding round, bringing its total funding to $11 million. This round was led by Axilor Ventures, with participation from AFG Ventures, Prasanna Sarkar (ex-CTO of Rippling), Bytez Ventures, and other existing investors. The funding will accelerate AdvantageClub.ai’s global growth and drive innovation in its employee engagement solutions.
Strategic Goals for the Funding
- Expansion in Key Markets
- Strengthen the company’s presence in the United States and Asia, regions where it has already gained significant traction.
- Build upon its success in securing 65-70% of new employee recognition deals in Asia while increasing adoption in the US market.
- Product Suite Enhancements
- Focus on expanding its offerings in employee recognition, rewards, and engagement.
- Introduce AI-driven solutions, including its flagship innovation, Adva, to provide personalized tools for enhancing employee experience.
- Innovation in Employee-First Solutions
- Continue leveraging AI to develop scalable and intuitive platforms aimed at driving deeper employee engagement and improving employer branding.
Leadership Insights
- Sourabh Deorah, CEO & Co-founder of AdvantageClub.ai
- “This funding will help us double down on the US and Asia, expand our product suite, and continue building AI-driven solutions like Adva to engage employees in new ways.”
- Smiti Bhatt Deorah, COO & Co-founder of AdvantageClub.ai
- “Our employee-first approach has made us the top choice for organizations. We win 65-70% of new recognition deals in Asia and have expanded successfully into the US.”
Investor Perspective
Ganapathy Venugopal, founder and CEO of Axilor Ventures, highlighted the growing demand for effective employee engagement platforms:
- “Companies are in search of good options to improve employee engagement and strengthen their employer brand. AdvantageClub.ai’s personalized, scalable, and global platform offers a best-in-class solution to employers who put their employees first. We are excited to continue our partnership with Sourabh and Smiti as they look at their next phase of exciting growth.”
With the fresh $4 million in funding, AdvantageClub.ai is poised to strengthen its position as a global leader in employee engagement solutions. By focusing on innovation and geographic expansion, the company is set to redefine employee experience, helping organizations across the globe build stronger employer brands and foster meaningful engagement.
