AdvantageClub.ai Raises $4 Million to Enhance Global Expansion

AdvantageClub.ai, an AI-driven employee engagement platform, has announced a successful $4 million funding round led by Axilor Ventures, taking its total raised to $11 million. Prominent participants in this fundraising include AFG Ventures, Prasanna Sarkar, Bytez Ventures, and existing investors. The funds are earmarked for strengthening its market presence in the U.S. and Asia, alongside enhancing its product portfolio in employee rewards and engagement. Sourabh Deorah, CEO, and Smiti Bhatt Deorah, COO, have communicated their enthusiasm for the growth opportunities this funding will unlock. AdvantageClub.ai has already established itself as a leader in employee engagement, boasting a client base that includes BCG and Rakbank, and operates in over 100 countries. Headquartered in San Francisco, the company emphasizes leveraging AI and data analytics to elevate employee experiences. The involvement of long-time supporter Axilor Ventures, led by Ganapathy Venugopal, underscores the strategic importance of enhancing employer brands through better employee engagement solutions.