Jacob Neidhardt
December 2, 2024
SAN FRANCISCO, CA—AdvantageClub.ai, a leader in AI-powered employee engagement solutions, announced a successful $4 million funding round led by Axilor Ventures. Other participants include AFG Ventures, Prasanna Sarkar (former CTO of Rippling), Bytez Ventures, and existing investors. This round brings the company’s total funding to $11 million.
Advancing Employee Engagement
Founded in 2016 by Sourabh Deorah (CEO) and Smiti Bhatt Deorah (COO), AdvantageClub.ai offers a unified platform for employee engagement. Their AI-driven solutions encompass:
• Rewards and Recognition programs
• Flexible Benefits
• Employee Surveys
• Community Engagement Tools
Operating across 100+ countries with a user base of over 5 million, AdvantageClub.ai serves 1,000+ clients, including BCG, Rakbank, and Havelock One.
Expansion and Innovation Goals
The newly raised capital will support:
1. Global Expansion: Strengthening operations in high-growth markets across the US and Asia.
2. Product Development: Enhancing its platform with new AI-powered features, including tools like Adva to revolutionize employee experience and retention.
Market Leadership
AdvantageClub.ai leverages AI and analytics to provide personalized engagement strategies, addressing a growing demand for solutions that improve workplace satisfaction and employee retention.
Ganapathy Venugopal, CEO of Axilor Ventures, remarked:
“AdvantageClub.ai offers a scalable, personalized solution that helps companies prioritize employee engagement and employer branding, driving meaningful workplace connections.”
With its innovative approach, AdvantageClub.ai is redefining the employee-employer relationship, setting new standards for the industry.
For more information, visit AdvantageClub.ai.
