Advocate

New York, United States Founded: 2020 • Age: 6 yrs
Risk management and insurance compliance services are provided to businesses.
Annual revenue - Latest available
Total funding $6.6M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Advocate

Advocate is a company based in New York (United States) founded in 2020 by Ashwin Agarwal. It operates as a SaaS (Software-as-a-Service), Managed Services, and InsurTech. Advocate has raised $6.6 million across 1 funding round. Advocate offers products and services including Insurance Intelligence Platform, Real-Time Market Data, Portfolio Analytics, and Collaboration Platform.

  • Headquarter New York, United States
  • Founders Ashwin Agarwal
  • Sectors
    Business Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Advocate Technologies
Operational Areas
Business Services → Financial, Accounting & Compliance Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.6 M (USD), Series A

    Apr 19, 2022

  • Investors
    Not available
  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Platform for automating insurance risk management in CRE.

Product name locked
Category locked
Locked

Data service providing live pricing benchmarks for insurance.

Product name locked
Category locked
Locked

Tool for visualizing insurance performance across asset portfolios.

Product name locked
Category locked
Locked

Platform for streamlining team communication and case management.

People of Advocate

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Theodore Albanidis
Chief Financial Officer
People
Ashwin A.
CEO and Co-Founder
People
Amol Mehta
Senior Director
People
Hani Ghazi
Senior Software Engineer

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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.

Investments & Acquisitions by Advocate

Investments
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Investment portfolio details for Advocate

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Advocate

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Detailed financials for Advocate

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  • Profit trends
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Advocate Comparisons

Advocate Primary company
Description
Risk management and insurance compliance services are provid...
Location
New York, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Advocate

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Competitors of Advocate

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Detailed competitors of Advocate

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Latest news on Advocate

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Complete news archive for Advocate

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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 current CEO of Advocate. They have also founded this company.

Advocate is a funded company, having raised a total of $6.6M across 1 funding round to date.

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.

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