# Advantage Club Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/advantage-club-technologies-private

- Industry: Internet
- Headquarters: Gurugram, India
- Website: www.advantageclub.co
- Total disclosed funding: $1.7M
- Latest round: Seed (Jul 5, 2019)
- Investors on record: 8

## About

Advantage Club Technologies Private Limited, based in India, specializes in employee engagement solutions through innovative recognition and rewards platforms, enhancing workplace dynamics.Founded in 2014 in Gurugram, India, Advantage Club Technologies focuses on providing employee recognition and rewards solutions. The company has completed 6 deals, with their latest funding round in December 2024 raising USD 4.00 mn, led by Axilor Ventures alongside Alteria Capital. The founders, Smiti Deorah and Sourabh Deorah, have successfully navigated the company's growth in the competitive HR tech space under the leadership of CEO Sourabh Deorah.AdvantageClub.ai provides a comprehensive suite of employee engagement solutions including Advantage Recognition, Advantage Marketplace, Advantage Wellness, Advantage Incentive Automation, Advantage Communities, and Advantage Pulse. These offerings are designed to enhance workplace culture through personalized rewards, health tracking, sales contests, and employee feedback mechanisms, catering to clients across various sectors in more than 100 countries.In the most recent fiscal year 2023, Advantage Club Technologies reported a revenue of USD 40.24 mn and an EBITDA of USD -0.15 mn. The company operates on a subscription-based model, allowing clients to integrate its services into their Human Capital Management (HCM) systems, with pricing structures designed to accommodate diverse organizational needs.Following their latest funding of USD 4.00 mn in December 2024, Advantage Club Technologies plans to expand its geographic presence, particularly in the US and the Philippines. The company aims to enhance its product offerings and strengthen market penetration, utilizing the funding to support these strategic initiatives.

## Funding rounds

- Seed, Jul 5, 2019, $1M — Mumbai Angels, GrowX Ventures, Axilor Ventures, Sprout Venture Partners, Sarcha Advisors
- Seed, Nov 2, 2017, $0.3M — Purvi Capital, Axilor Ventures, Pratithi Investment Trust, Ten Innovate
- Seed, Feb 10, 2016, $0.4M — Mumbai Angels, Purvi Capital

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- Purvi Capital (https://capitalatlas.ai/funds/purvi-capital) — Seed
- Axilor Ventures (https://capitalatlas.ai/funds/axilor-ventures) — Seed
- Pratithi Investment Trust — Seed
- Ten Innovate — Seed
- GrowX Ventures (https://capitalatlas.ai/funds/growx-ventures) — Seed
- Sprout Venture Partners (https://capitalatlas.ai/funds/sprout-venture-partners) — Seed
- Sarcha Advisors — Seed