Advicent Solutions

Milwaukee, United States Founded: 1969 • Age: 57 yrs Acquired By InvestCloud
SAAS-based financial planning tools are offered for the services industry.
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About Advicent Solutions

Advicent Solutions is a company based in Milwaukee (United States) founded in 1969 was acquired by InvestCloud in May 2021.. The company has 89 employees as of December 31, 2022. Advicent Solutions has completed 2 acquisitions, including Figlo and Figlo.co.za. Advicent Solutions offers products and services including NaviPlan, NaviPlan Client Portal, and NaviPlan Guided Retirement. Advicent Solutions operates in a competitive market with competitors including Altruist, Centage, Nucleus Financial, CAIS and Brightflow AI, among others.

  • Headquarter Milwaukee, United States
  • Employees 89 as on 31 Dec, 2022
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Zywave, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    InvestCloud

    & 3 more

  • Employee Count
    89

    as on Dec 31, 2022

  • Investments & Acquisitions
    Figlo

    & 1 more

  • Acquired by
    InvestCloud

    & 2 more

    (May 05, 2021)

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Products & Services of Advicent Solutions

Advicent Solutions offers a comprehensive portfolio of products and services, including NaviPlan, NaviPlan Client Portal, and NaviPlan Guided Retirement. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for creating in-depth financial plans and risk analysis.

Portal for secure access to financial plans and data.

Tool for visual retirement needs analysis with one data point.

Funding Insights of Advicent Solutions

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2014 Amount Private Equity Round - Advicent Solutions Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Advicent Solutions

Advicent Solutions has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include InvestCloud, MidCap Financial and Vista Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private debt funds are managed across multiple sectors.
Founded Year Domain Location
Investments are directed toward high-growth enterprise software and technology companies.
Founded Year Domain Location
Investment management software is provided for advisors and institutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Advicent Solutions

Advicent Solutions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Figlo and Figlo.co.za. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
SaaS solutions for financial planning are developed for professionals.
1996
Financial planning software is provided to banks, insurers, and consultants.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Advicent Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Advicent Solutions Comparisons

Employees
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Competitors of Advicent Solutions

Advicent Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Altruist, Centage, Nucleus Financial, CAIS and Brightflow AI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Portfolio management software for financial advisors
domain founded_year HQ Location
Budgeting and planning software solutions for small to medium sized businesses.
domain founded_year HQ Location
Portfolio management solutions are offered to financial advisors.
domain founded_year HQ Location
Financial planning and advisory solutions are offered to wealth managers.
domain founded_year HQ Location
Cloud-based AI-driven cash flow forecasting is offered for businesses.
domain founded_year HQ Location
Digital wealth tools are provided to empower financial advisors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Advicent Solutions

Frequently Asked Questions about Advicent Solutions

When was Advicent Solutions founded?

Advicent Solutions was founded in 1969 and raised its 1st funding round 45 years after it was founded.

Where is Advicent Solutions located?

Advicent Solutions is headquartered in Milwaukee, United States. It is registered at Milwaukee, Wisconsin, United States.

Who is the current CEO of Advicent Solutions?

Phil Cunningham is the current CEO of Advicent Solutions.

How many employees does Advicent Solutions have?

As of Dec 31, 2022, the latest employee count at Advicent Solutions is 89.

What does Advicent Solutions do?

Advicent Solutions provides SAAS based technology solutions for the financial services industry. It offers the following products: NaviPlan, Profiles, Figlo, Advisor. NaviPlan is a financial planning software. It devises future plans based on cash flow analysis, generates reports. Profiles is a lead generation tool that helps to add more clients. Advisor is a marketing communication tool while Figlo helps in client engagement, lead generation, interactive planning and financial planning.

Who are the top competitors of Advicent Solutions?

Advicent Solutions's top competitors include Altruist, Nucleus Financial and Centage.

What products or services does Advicent Solutions offer?

Advicent Solutions offers NaviPlan, NaviPlan Client Portal, and NaviPlan Guided Retirement.

How many acquisitions has Advicent Solutions made?

Advicent Solutions has made 2 acquisitions, including Figlo, and Figlo.co.za.

Who are Advicent Solutions's investors?

Advicent Solutions has 4 investors. Key investors include InvestCloud, MidCap Financial, Vista Equity Partners, and M3 USA.

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