Advantage Club raises additional $3.3M in pre-Series A round
Advantage Club announced that it raised an additional $3.3 million in its pre-Series A round from Jetty Ventures, Earlsfield Capital, SMC Advisors and others. This development followed an initial round of $1.7 million.
The HR tech startup plans on using the capital raised to expand globally and improve its product offerings.
Advantage Club CEO and co-founder Sourabh Deorah said, “The latest influx of funds will help us bolster our presence internationally and help us hire the right talent to manage our operations globally.” He added, “We aim to evolve as a single global platform for employee engagement and financial wellness in the SEA and MENA market.”
Co-founder and COO Smiti Deorah stated, “With work from home becoming increasingly normal, cross border collaboration within companies has increased and requirement of employee engagement has become truly global. We will continue solving this problem by building global products catering to HR teams across the world, driving higher retention and productivity.”
Advantage Club seeks to redefine employee benefits and engagement beyond provident funds by offering to its customers personalised engagement products.
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