AdvicePay
Latest round
- Seed
Last raised
- Nov 2017
Total raised
- $0.5M
Investors
- 2
About AdvicePay
AdvicePay Inc.Founded in 2016 in Bozeman, US, AdvicePay Inc. is dedicated to offering billing and payment solutions for financial planners. The company's founders, Alan Moore and Michael Kitces, have a history of engaging in financial technology solutions.AdvicePay offers a comprehensive platform tailored specifically for fee-for-service financial planners, focusing on streamlining billing, payments, and compliance management. The core functionalities include the ability to accept various payment methods such as credit cards and ACH for one-time, retainer, or subscription invoices, thereby facilitating convenient payment options for clients. This platform also centralizes financial planning oversight, allowing firms to manage workflows without relying on spreadsheets, which enhances efficiency and compliance.AdvicePay generates revenue through its subscription-based pricing model, structured to cater to firms of different sizes. The company offers tiered service plans: Enterprise, Professional, and Essential, each designed to meet the varying needs of large firms, small to mid-sized firms, and those just starting with fee-for-service financial planning. Revenue is primarily derived from these subscriptions as well as transaction fees associated with the processing of payments through the platform.In November 2019, AdvicePay Inc. The firm plans to expand its solutions into new markets across North America, particularly targeting regions with a growing demand for compliant financial services. Specific timelines for new product launches and geographical expansion have not been disclosed.
Who invested in AdvicePay
2 investors across 1 round
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Funding rounds
Seed
Nov 8, 2017
Amount
$0.5M
Investors
Questions about AdvicePay
Who invested in AdvicePay?
AdvicePay has 2 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 AdvicePay raised?
AdvicePay has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did AdvicePay last raise money?
AdvicePay's most recent round on record is a Seed, in Nov 2017.
What does AdvicePay do?
AdvicePay is a software company.
Where is AdvicePay headquartered?
AdvicePay is headquartered in Bozeman, US.
Which VCs invest in companies like AdvicePay?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at AdvicePay's stage. Their profiles are linked below.
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