About Advocate
Advocate is a Business Services company based in New York (United States) founded in 2020 by Ashwin Agarwal. Risk management and insurance compliance services are provided to businesses. It operates on a SaaS (Software-as-a-Service), Managed Services, and InsurTech model. Advocate has raised $6.6 million across 1 funding round. Its chief executive, as recorded, is Ashwin Agarwal. Advocate offers products and services including Insurance Intelligence Platform, Real-Time Market Data, Portfolio Analytics, and Collaboration Platform. Its focus areas include Technology, Software and InsurTech. Its legal entity is Advocate Technologies.
Company details
Insurance risk management solutions for the commercial real estate ecosystem are offered by Advocate. Tools for automating coverage assessments, leveraging real-time market data, and optimizing insurance operations are provided. Services cater to brokers, carriers, property owners, and loan services with a focus on performance and cost efficiency. Portfolio analytics and collaboration features are included to enhance strategic decision-making and team communication across the sector.
- Headquarters New York, United States
- Founders Ashwin Agarwal
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website landing.tryadvocate.com
- Social LinkedIn
- Legal Name Advocate Technologies
- Total Equity Funding$6.6M (USD)
in 1 rounds
- Latest Funding Round$6.6M (USD), Series A
Apr 2022
Products & Services of Advocate
Advocate offers a comprehensive portfolio of products and services, including Insurance Intelligence Platform, Real-Time Market Data, Portfolio Analytics, and Collaboration Platform.
Platform for automating insurance risk management in CRE.
Data service providing live pricing benchmarks for insurance.
Tool for visualizing insurance performance across asset portfolios.
Platform for streamlining team communication and case management.
Funding Insights of Advocate
Advocate has successfully raised a total of $6.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.6 million completed in April 2022. 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 $6.6M
- Total Rounds 1
- Last Round Series A — $6.6M
- First Round $6.6M
(Apr 2022)
All 1 funding rounds of Advocate 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 |
|---|---|---|---|---|---|
| Apr 2022 | $6.6M | Series A | – | – | – |
People of Advocate
10 people are tracked at Advocate (5 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Ashwin Agarwal | Co-Founder & CEO | Leadership |
Theodore Albanidis | Chief Financial Officer | Leadership |
Ashwin A. | CEO and Co-Founder | Leadership |
Amol Mehta | Senior Director | Leadership |
Dimitris Psaropoulos | Co-Founder & CTO | Leadership |
Sebastian Andil | Frontend Engineer | Team |
Hani Ghazi | Senior Software Engineer | Team |
David Haddad | Full Stack Engineer | Team |
Adam Krause | Senior Account Executive | Team |
Chrysoula Tsolaridou | Lead Insurance Operations Consultant | Team |
Complete people profiles for Advocate
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 Advocate
2 dated milestones of Advocate across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Advocate is founded.
- Funding First funding round of $6.6M.
Web traffic of Advocate
The website of Advocate (tryadvocate.com) receives about 1.1K visits a month.
- Monthly visits1.1K
Top companies in Governance, Risk & Compliance (GRC) Services
3 companies that operate in the same segment as Advocate (Governance, Risk & Compliance (GRC) Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Risk management and operational support services are delivered globally. | 2010 | Reston, Virginia, United States | 1,502 | |||
Provider of natural gas, crude oil, and petroleum products exploration services | 1882 | Irving, Texas, United States | USD 323.9 B | 61,000 | ||
Marsh is recognized as a global leader in insurance broking and risk management. | 1871 | New York, New York, United States |
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Frequently Asked Questions about Advocate
Advocate was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Advocate is headquartered in New York, United States. It is registered at New York, New York, United States.
Ashwin Agarwal is the CEO of Advocate, as recorded in our data. They have also founded this company.
Advocate is a funded company, having raised a total of $6.6M across 1 funding round to date. The company's 1st funding round was a Series A of $6.6M, raised on Apr 2022.
Insurance risk management solutions for the commercial real estate ecosystem are offered by Advocate. Tools for automating coverage assessments, leveraging real-time market data, and optimizing insurance operations are provided. Services cater to brokers, carriers, property owners, and loan services with a focus on performance and cost efficiency. Portfolio analytics and collaboration features are included to enhance strategic decision-making and team communication across the sector.
Advocate offers Insurance Intelligence Platform, Real-Time Market Data, Portfolio Analytics, and Collaboration Platform.
Advocate operates through Advocate Technologies.