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Applyly

Stealth • 2m

AdvantageClub.ai raises $4 Million Funding: Details and Future Plans AdvantageClub.ai, an employee engagement platform, has raised $4 million in fresh funding. Axilor Ventures led the funding round. Other investors included AFG Ventures, Bytez Ventures, Alteria Capital, and angel investors. This funding marks another big step in the company’s global expansion. The startup was founded in 2016. It offers an AI-based employee engagement solutions. Its tools include rewards, recognition programs, and employee benefits. Currently, AdvantageClub.ai operates in India, the US, the UAE, and the Philippines. According to reports, the Indian entity raised $2 million. Out of this, $1.6 million came through convertible debentures. The rest of the amount was raised by its US-based unit. The funds will help the company grow its presence in the US and the Philippines. Thanks

https://applyly.in/stories/advantageclub-ai-raises-4-million-funding-details-and-future-plans/

2 replies6 likes

Replies (2)

Anonymous 2

Stealth • 2m

Hmm I guess international growth is key in this space

0 replies

Anonymous 1

Stealth • 2m

Raising $4 million is a solid win, AI-driven employee engagement is definitely the future of workplace culture

0 replies

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