About Advise Technologies
Advise Technologies is a company based in New York (United States) founded in 2010 by Doug Schwenk was acquired by CIP Capital in January 2017.. Advise Technologies has raised $935 thousand across 1 funding round from investors including CIP Capital. The company has 35 employees as of December 31, 2022. Advise Technologies offers products and services including Fund Reporting Platform, Investment Monitoring, Transaction Reporting, and Compliance Management. Advise Technologies operates in a competitive market with competitors including Thomson Reuters, Corlytics, Cube Global, Compliance.ai and Droit, among others.
- Headquarter New York, United States
- Employees 35 as on 31 Dec, 2022
- Founders Doug Schwenk
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Advise Technologies, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$935 K (USD)
in 1 rounds
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Latest Funding Round
$935 K (USD), Seed
Aug 27, 2012
- Investors
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Employee Count
35
as on Dec 31, 2022
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Acquired by
CIP Capital
(Jan 30, 2017)
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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. 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.
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.
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $934,999
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First Round
First Round
(27 Aug 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Seed - Advise Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Advise Technologies
Advise Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CIP Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are focused on middle-market growth companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Advise Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Advise Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advise Technologies Comparisons
Competitors of Advise Technologies
Advise Technologies 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 Thomson Reuters, Corlytics, Cube Global, Compliance.ai and Droit, 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 |
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| domain | founded_year | HQ Location |
Cloud-based legal management and data services are provided for businesses.
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| domain | founded_year | HQ Location |
Regulatory risk analytics and benchmarks are provided for financial firms.
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| domain | founded_year | HQ Location |
AI and SaaS-based regulatory technology solutions are delivered to businesses.
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| domain | founded_year | HQ Location |
Regulatory change management and regulatory intelligence solutions platform
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| domain | founded_year | HQ Location |
Compliance solutions for financial derivatives markets are provided by Droit.
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| domain | founded_year | HQ Location |
Cloud-based regulatory intelligence is delivered for financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Advise Technologies
When was Advise Technologies founded?
Advise Technologies was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Advise Technologies located?
Advise Technologies is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Advise Technologies?
Doug Schwenk is the current CEO of Advise Technologies. They have also founded this company.
Is Advise Technologies a funded 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 27, 2012.
How many employees does Advise Technologies have?
As of Dec 31, 2022, the latest employee count at Advise Technologies is 35.
What does Advise Technologies do?
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.
Who are the top competitors of Advise Technologies?
Advise Technologies's top competitors include Thomson Reuters, Cube Global and Corlytics.
What products or services does Advise Technologies offer?
Advise Technologies offers Fund Reporting Platform, Investment Monitoring, Transaction Reporting, and Compliance Management.
Who are Advise Technologies's investors?
Advise Technologies has 1 investor. Key investors include CIP Capital.