About Advarisk
Advarisk is a Financial Services company based in Mumbai (India) founded in 2016 by Rahul Metkar and Vishal Sharma. It operates as a real estate collateral management platform is provided to financial institutions. It operates in the Financial Services and Technology sectors. Advarisk has raised $7.89 million across 4 funding rounds from investors including ICICI Bank, Seafund and NABVENTURES. The company has 96 employees. Advarisk was last valued at $28.23 million in March 2023. Its chief executive is Vishal Sharma. Its Indian entity Slo Technologies Private Limited reported revenue of ₹11.04 Cr. Advarisk offers products and services including AdvaSmart and AdvaNPA. Its focus areas include Enterprise Infrastructure, Cybersecurity, Anti Fraud and Financial Fraud. Its competitors include Quantexa, ComplyAdvantage, Riskified, Alloy and Entrust and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Advarisk was founded in 2016 in Mumbai, India, as a provider of a platform focused on real estate collateral management within the financial sector. Operations involve digitization of collateral discovery, onboarding, due diligence, and monitoring processes. Tools for assessing property title and encumbrance risks are included, along with solutions that utilize data and forensic analysis to enhance recovery from defaults.
- Headquarters Mumbai, India
- Employees 96
- Founders Rahul Metkar, Vishal Sharma
- Stage Minicorn
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website advarisk.com
- Social LinkedIn
- Legal Name Slo Technologies Private Limited
- Date of Incorporation 07 Aug, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹11.04 Cr
FY 2024 · +65% YoY
- Net Loss-₹7.08 Cr
FY 2024 · -64% margin
- EBITDA-₹8.60 Cr
FY 2024 · -78% margin
- Total Equity Funding$7.89M (USD)
in 4 rounds
- Latest Funding Round$81.91K (USD), Series A
Jun 2026
- InvestorsICICI Bank
& 26 more
- Employee Count96
Associated legal entities of Advarisk
Advarisk operates through Slo Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Slo Technologies Private Limited CIN U74120MH2015PTC267292 | Active | 07 Aug 2015 | Mumbai, Maharashtra | ₹11.0 Cr | 96 | 2 | View details |
Products & Services of Advarisk
Advarisk offers a comprehensive portfolio of products and services, including AdvaSmart and AdvaNPA.
Platform for digitizing real estate collateral onboarding and due diligence.
Tool to improve recovery from defaults using data analytics.
Funding Insights of Advarisk
Advarisk has successfully raised a total of $7.89M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $81.91 thousand completed in June 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.89M
- Total Rounds 4
- Last Round Series A — $81,909
- First Round $700,000
(Apr 2019)
- Investors Count 27
All 4 funding rounds of Advarisk with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2026 | $81,909 | Series A | – | – | |
| Mar 2023 | $6.79M | Series A | $28.23M | Big Capital | |
| Nov 2020 | $312,292 | Seed | $4.06M | ICICI Bank | – |
| Apr 2019 | $700,000 | Seed | $••••• | Sprout Venture Partners, Seafund |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $28.23M | •••••••• |
| Nov 2020 | $4.06M | •••••••• |
| Apr 2019 | $••••• | •••••••• |
Full valuation and stage history of Advarisk
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $28.23M (Mar 2023). 27 investors in total: 14 institutional and 13 angel.
Investors in Advarisk
Advarisk has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ICICI Bank, Seafund and NABVENTURES.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management for agriculture, food, and rural ventures in India. | 2018 | nabventures.in | Mumbai, India | |
Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore. | 2018 | seafund.in | Bengaluru, India | |
Early-stage venture capital investing in consumption and technology sectors in India. | 2016 | sproutvp.com | Bengaluru, India | |
Private equity focused on software companies | – | bigcapllc.com | Weston, United States | |
Venture capital investments are made in European tech startups from day-zero to seed. | – | fly.vc | - | |
Startups are funded by Wisdom Ventures, a venture capital firm. | – | wisdomventuresfund.com | San Francisco, United States | |
- | – | bigcapital.tcc.mode | - | |
- | – | wefoundercircle.com | - | |
Provides steel products, agriculture, chemicals, and logistics services worldwide. | 1990 | wvlgroup.com | Kaduna, Nigeria | |
Corporate gifting solutions are provided by Parsons for businesses. | – | parsonscorp.in | Bengaluru, India |
Investor details for Advarisk
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Board of directors of Slo Technologies Private Limited (Advarisk)
Slo Technologies Private Limited is the primary company behind Advarisk. The board of Slo Technologies Private Limited currently have 2 directors; the longest-serving is Vishal Satyanarayan Sharma, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Satyanarayan Sharma DIN 03154338 | Director | 07 Aug 2015 | 11 yrs 2 mo | Slo Technologies Private Limited |
| Rahul Bal Metkar DIN 05308823 | Director | 29 Aug 2016 | 10 yrs 1 mo | Slo Technologies Private Limited |
People of Advarisk
16 people are tracked at Advarisk (9 in leadership, 7 in team); the tracked headcount is 96.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & CEO | Leadership | |
Pramurto Mukhopadhyay | Sales Director | Leadership |
Dashrath Sharma | Head of Finance and Accounts | Leadership |
Tehsinkhan Pathan | Head of Product & Founding Member | Leadership |
Himanshu Daga | Regional Sales Director | Leadership |
Rajat Saxena | Zonal Business Head | Leadership |
Pallavi Kanak | Director Sales | Leadership |
Amit Salunkhe | Head Sales & Customer Success | Leadership |
Himani Kothari | Operations Associate | Team |
Harshit Kankariya | Product Manager | Team |
CA Ashok Suthar | Product Manager | Team |
Sumit Sharma | Customer Success Manager | Team |
Abhijeet Sasulkar | Module Lead | Team |
Mahesh Solanke | Module Lead | Team |
Pratik Jadhav | Product Designer | Team |
Complete people profiles for Advarisk
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Advarisk
Figures of Slo Technologies Private Limited, the primary company behind Advarisk, for FY 2024. Revenue was ₹11.04 Cr (+65% year on year). Net loss was -₹7.08 Cr (-64% margin). EBITDA was -₹8.60 Cr (-78% margin). Revenue has grown at a compounded annual rate of +1827% over three years and +54% over five years.
- ₹11.04 CrRevenue · FY 2024 · +65% YoY
- -₹7.08 CrNet loss · -64% margin
- -₹8.60 CrEBITDA · -78% margin
- ₹79 LakhPaid-up capital
- 96Employees (provident fund records)
- +1827%Revenue CAGR, 3 years
- +54%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Slo Technologies Private Limited are on its company page.
Detailed financial statements for Advarisk
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Advarisk
4 dated milestones of Advarisk across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Advarisk is founded.
- Funding First funding round of $700K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $82K.
Competitors of Advarisk
Advarisk has 10 listed competitors in our database, 9 of them funded. They include Quantexa, ComplyAdvantage, Riskified, Alloy and Entrust, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quantexa.com | 2016 | London, United Kingdom | $546.08M | 552 | AI-powered data and decision intelligence solutions are provided for businesses. | |
| complyadvantage.com | 2014 | London, United Kingdom | $167.21M | 443 | Cloud-based anti-money laundering solutions are provided for compliance. | |
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| alloy.com | 2015 | New York, United States | $223.37M | 216 | Identity decisioning platform is provided for banks and fintech firms. | |
| entrust.com | 1969 | Dallas, United States | – | 108 | Provider of digital identity management solutions | |
| signifyd.com | 2011 | Palo Alto, United States | $394.38M | 399 | Provider of fraud prevention and payment validation for online retailers | |
| feedzai.com | 2011 | San Mateo, United States | $346.8M | – | Cloud-based big data and fraud prevention solutions are offered. | |
| encompasscorporation.com | 2011 | Glasgow, United Kingdom | $197.68M | 206 | Corporate Digital Identity and KYC solutions are provided by Encompass. | |
| socure.com | 2012 | New York, United States | $650.25M | 88 | AI-based identity verification and fraud detection are provided. | |
| forter.com | 2013 | Tel Aviv, Israel | $525M | – | Cloud-based fraud prevention solutions are provided for businesses. |
Detailed competitors of Advarisk
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Web traffic of Advarisk
The website of Advarisk (advarisk.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▲ 6% vs previous month
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| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Advarisk
Advarisk was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Advarisk is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vishal Sharma is the current CEO of Advarisk. They have also founded this company.
Advarisk is a funded company, having raised a total of $7.89M across 4 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Apr 2019.
Advarisk has 96 employees.
The primary company behind Advarisk, Slo Technologies Private Limited, reported revenue of ₹11.04 Cr for FY 2024, up 65% year on year.
Advarisk was founded in 2016 in Mumbai, India, as a provider of a platform focused on real estate collateral management within the financial sector. Operations involve digitization of collateral discovery, onboarding, due diligence, and monitoring processes. Tools for assessing property title and encumbrance risks are included, along with solutions that utilize data and forensic analysis to enhance recovery from defaults.
Advarisk's top competitors include ComplyAdvantage, Riskified and Quantexa.
Advarisk offers AdvaSmart and AdvaNPA.
Advarisk has 27 investors. Key investors include ICICI Bank, Seafund, NABVENTURES, Sprout Venture Partners, and WVL.
The valuation of Advarisk is $28.23M as of Mar 2023.
Advarisk operates through Slo Technologies Private Limited.