About Advise Technologies
Advise Technologies is a Financial Services company based in New York (United States) founded in 2010 by Doug Schwenk, and was acquired by CIP Capital in January 2017. Regulatory compliance software and services are provided to investment managers. It operates in the Financial Services and Technology sectors. Advise Technologies has raised $935 thousand across 1 funding round from investors including CIP Capital. The company has 35 employees. Its chief executive, as recorded, is Doug Schwenk. The company was acqui-hired. Advise Technologies offers products and services including Fund Reporting Platform, Investment Monitoring, Transaction Reporting, and Compliance Management. Its focus areas include Enterprise Applications, GRC Software, Regulatory Intelligence and FinTech. Its legal entity is ADVISE TECHNOLOGIES, LLC. Its competitors include Compliance.ai, Droit and Norm Ai; 3 of its 3 listed competitors have raised funding.
Company details
Advise Technologies was founded in 2010 and is headquartered in New York, United States. Regulatory reporting software solutions and related services are offered to investment managers, including hedge funds, fund administrators, and private equity firms. Operations extend to offices in France, Germany, Ireland, Malta, Switzerland, the Netherlands, and the United Kingdom. The company is led by founder and CEO Doug Schwenk.
- Headquarters New York, United States
- Employees 35
- Founders Doug Schwenk
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website advisetechnologies.com
- Social LinkedIn X
- Acquired by CIP Capital (Jan 2017)
- Legal Name Advise Technologies, Llc
- Total Equity Funding$935K (USD)
in 1 rounds
- Latest Funding Round$935K (USD), Seed
Aug 2012
- Investors
- Employee Count35
- Acquired byCIP Capital
(Jan 2017)
Products & Services of Advise Technologies
Advise Technologies offers a comprehensive portfolio of products and services, including Fund Reporting Platform, Investment Monitoring, Transaction Reporting, and Compliance Management.
Automates reporting for fund compliance in financial services.
Tracks investments to ensure regulatory adherence.
Manages transaction data for global regulatory requirements.
Handles compliance tasks and risk assessments for firms.
Funding Insights of Advise Technologies
Advise Technologies has successfully raised a total of $935K through 1 strategic funding round. The most recent funding activity was a Seed round of $935 thousand completed in August 2012. 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 $934,999
- Total Rounds 1
- Last Round Seed — $934,999
- First Round $934,999
(Aug 2012)
All 1 funding rounds of Advise Technologies 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 |
|---|---|---|---|---|---|
| Aug 2012 | $934,999 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Advise Technologies
Advise Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CIP Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are focused on middle-market growth companies. | 2010 | cip-capital.com | New York, United States |
Investor details for Advise Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Advise Technologies
12 people are tracked at Advise Technologies (9 in leadership, 3 in team); the tracked headcount is 35.
| Name | Role | Group |
|---|---|---|
Doug Schwenk | Founder & CEO | Leadership |
Mark Evans | CEO & Founder | Leadership |
Frederick Winston | CFO | Leadership |
Sanjoy Chatterjee | Chief Strategy Officer | Leadership |
Clinton Moseley | Managing Director of Global Data Services | Leadership |
Katie Kiss | Chief Transformation Officer & Head of Client Experience | Leadership |
Chris R. Evans | CTO | Leadership |
Thomas Pfister | Managing Director of Compliance, Regulatory & Reporting | Leadership |
Todd L. Moyer | President & COO | Leadership |
Kirsten Garrett | CHRO | Team |
Chris Riggio | CRO | Team |
Michael Marmo | Product Manager | Team |
Complete people profiles for Advise Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Advise Technologies
3 dated milestones of Advise Technologies across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Advise Technologies is founded.
- Funding First funding round of $935K.
- Exit Acquired by CIP Capital.
Competitors of Advise Technologies
Advise Technologies has 3 listed competitors in our database, 3 of them funded. They include Compliance.ai, Droit and Norm Ai.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| compliance.ai | 2016 | San Francisco, United States | $13M | Regulatory change management and regulatory intelligence solutions platform | ||
| droit.tech | 2012 | New York, United States | $39M | Compliance solutions for financial derivatives markets are provided by Droit. | ||
| norm.ai | 2023 | New York, United States | $97.49M | Regulatory compliance for content and actions is assessed via AI. |
Detailed competitors of Advise Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Advise Technologies
Websites that share an audience with Advise Technologies (advisetechnologies.com).
Websites whose visitors overlap most with Advise Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| twosigma.com | 100% | #174,091 | View details | ||
corp.bankofamerica.com | corp.bankofamerica.com | 100% | – | ||
| marketsmedia.com | 97% | #714,062 | View details | ||
| glassdoor.com | 42% | 30.5M | #1,976 | View details | |
| advisetech.com | 29% | View details |
Top companies in Regulatory & Compliance Tech
3 companies that operate in the same segment as Advise Technologies (Regulatory & Compliance Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | 815 |
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Frequently Asked Questions about Advise Technologies
Advise Technologies was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Advise Technologies is headquartered in New York, United States. It is registered at New York, New York, United States.
Doug Schwenk is the CEO of Advise Technologies, as recorded in our data. They have also founded this company.
Advise Technologies is a funded company, having raised a total of $935K across 1 funding round to date. The company's 1st funding round was a Seed of $935K, raised on Aug 2012.
Advise Technologies has 35 employees.
Advise Technologies was founded in 2010 and is headquartered in New York, United States. Regulatory reporting software solutions and related services are offered to investment managers, including hedge funds, fund administrators, and private equity firms. Operations extend to offices in France, Germany, Ireland, Malta, Switzerland, the Netherlands, and the United Kingdom. The company is led by founder and CEO Doug Schwenk.
Advise Technologies's top competitors include Droit, Norm Ai and Compliance.ai.
Advise Technologies offers Fund Reporting Platform, Investment Monitoring, Transaction Reporting, and Compliance Management.
Advise Technologies has 1 investor. Key investors include CIP Capital.
Advise Technologies operates through Advise Technologies, Llc.
Yes. Advise Technologies was acquired by CIP Capital in January 2017.