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Advantage Club Raises $1.7 Million From Y Combinator, Broom Ventures, Others

Advantage Club Raises $1.7 Million From Y Combinator, Broom Ventures, Others

08/26/21, 1:43 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgthe united states
Money raised
$1.7 million
Round Type
seed
Employee engagement platform Advantage Club has raised $1.7 million from Y Combinator, Broom Ventures, and Cred founder Kunal Shah.

Company Info

Company
Advantage Club
Location
the united states, washington, united states
Additional Info
The company said it will use the funds to boost its international business and for growth initiatives. At present, the company has operations in over 60 countries, including India, the Philippines, Malaysia, Vietnam, Indonesia, Egypt, USA, UAE, and others. “We are growing 20% month on month and this growth has come on the back of re-inventing the wheel around employee benefits and engagement by building deep engagement products further personalized according to each user's behaviour,” said Sourabh Deorah, CEO and co-founder, Advantage Club. Founded in 2016, Advantage Club is a platform for employee engagement and financial wellness, with benefits like perks, rewards and early wage access on a single platform.