Advance
Latest round
- Seed
Last raised
- Nov 2025
Total raised
- $7.3M
Investors
- 5
About Advance
Flexx Inc. doing business as Advance focuses on delivering financial technology solutions tailored for the insurance sector. The company is headquartered in New York, US. Advance offers a suite of financial technology solutions specifically designed for the insurance industry. The platform utilizes AI-enabled workflows for automation, streamlining processes such as invoice handling and integrated checkout. Focused on compliance, particularly carrier-funds segregation, Advance provides services intended to maximize revenue while ensuring audit readiness. Their solutions target insurance providers across various geographical markets, including the United States and select regions in North America, equipping them with essential tools for enhanced financial management and operational efficiency. Advance's revenue model encompasses multiple streams, including subscription-based services and transaction fees.25% APY on their deposits. Transactions generally occur in a B2B context, with insurance companies leveraging the platform to optimize their financial workflows. Additionally, the AI-driven automation and reporting capabilities enhance operational efficiency, solidifying the financial value proposition for clients in the insurance sector.
Who invested in Advance
5 investors across 1 round
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Funding rounds
Seed
Nov 25, 2025
Amount
$7.3M
Investors
Questions about Advance
Who invested in Advance?
Advance has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Advance raised?
Advance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Advance last raise money?
Advance's most recent round on record is a Seed, in Nov 2025.
What does Advance do?
Advance is a financial services company.
Where is Advance headquartered?
Advance is headquartered in New York, US.
Which VCs invest in companies like Advance?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Advance's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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