AdvantageClub.ai, a Gurgaon, India-based employee engagement and benefits platform, has secured $4 million in funding. 

Investors 

The round was led by Axilor Ventures, with participation from AFG Ventures, Bytez Ventures, Alteria Capital, and angel investors. 

Founded in 2014, Axilor Ventures is a venture capital investment firm based in Bangalore, India. The firm seeks to build and invest in seed to Series A stage startups operating in the supply chain, enterprise tech, B2B commerce, agriculture, healthcare, climate, and fintech sectors. 

AdvantageClub.ai Use of Funds 

The funds will be used for geographic expansion, with a focus on the US and the Philippines. 

About AdvantageClub.ai 

Founded in 2016 by Sourabh and Smiti Deorah, AdvantageClub.ai provides an employee engagement platform that offers rewards, recognition, and other benefits to help companies attract, retain, and engage employees. Its platform enhances the employee experience through features like rewards, recognition, perks, and benefits. AdvantageClub.ai operates in multiple regions, including India, the US, the UAE, and the Philippines, and serves prominent clients such as Times Group, EY, and Reliance Nippon Life Insurance. 

Funding Details 

Company: Advantage Club Technologies Private Limited 

Raised: $4.0M 

Round: Unknown 

Funding Date: December 2024 

Lead Investor: Axilor Ventures 

Additional Investors: AFG Ventures, Bytez Ventures, Alteria Capital 

Company Website: https://www.advantageclub.ai/  

Software Category: Employee Engagement and Benefits 

Source: 

https://inc42.com/buzz/exclusive-advantage-club-raises-4-mn-from-axilor-ventures/