About Advolve
Advolve is a company based in Sao Paulo (Brazil) founded in 2023 was acquired by iFood in November 2025.. Advolve has raised $6.8 million across 2 funding rounds from investors including iFood, Prosus and Valor Capital. Advolve operates in a competitive market with competitors including Marin Software, Brevo, SharpSpring, Pixis and Zocket, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Technology
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Phone
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Website
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Funding Insights of Advolve
Advolve has successfully raised a total of $6.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.3 million completed in February 2025. 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 2
- Last Round Seed — $5.3M
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First Round
First Round
(27 Mar 2024)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Seed - Advolve | Valuation | Canary | |
| Mar, 2024 | Amount | Seed - Advolve | Valuation | Valor Capital , Lanx Capital |
| 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 Advolve
Advolve has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include iFood, Prosus and Valor 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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A networking platform is provided for founders and investors.
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Founded Year | Domain | Location | |
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Growth equity and venture capital are applied to tech sectors.
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Founded Year | Domain | Location | |
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Tech companies are invested in by this venture capital firm.
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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 Advolve
| 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 - Advolve
| 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 |
Advolve Comparisons
Competitors of Advolve
Advolve 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 Marin Software, Brevo, SharpSpring, Pixis and Zocket, 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 |
Campaign management software is provided for automating digital ad workflows.
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Cloud-based campaign management solutions are delivered for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based sales and marketing automation is provided for SMBs.
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Provider of an AI-powered platform for advertising campaign optimization and creative generation
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| domain | founded_year | HQ Location |
An AI-powered platform for managing enterprise advertising campaigns is provided.
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| domain | founded_year | HQ Location |
Multi-channel campaign management platform is offered for customer insights.
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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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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 Advolve
When was Advolve founded?
Advolve was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Advolve located?
Advolve is headquartered in Sao Paulo, Brazil.
Who is the current CEO of Advolve?
Joao Sobreira is the current CEO of Advolve.
Is Advolve a funded company?
Advolve is a funded company, having raised a total of $6.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 27, 2024.
What does Advolve do?
Advolve was founded in 2023 in Sao Paulo, Brazil, focusing on the marketing technology sector. A platform powered by AI is offered for data-driven campaign automation, handling processes from initiation to completion. Patent-pending optimization tools are included to adjust interactive display ad components such as messaging, graphics, colors, and font styles. Operations center on enabling efficient ad management for users in the digital marketing space.
Who are the top competitors of Advolve?
Advolve's top competitors include Marin Software, Brevo and Pixis.
Who are Advolve's investors?
Advolve has 10 investors. Key investors include iFood, Prosus, Valor Capital, Canary, and Valor Capital Group.