In an exciting new development, AdvantageClub.ai, a Gurugram-based employee engagement platform, has successfully raised $4 million in a funding round led by Axilor Ventures. This latest funding brings
In an exciting new development, AdvantageClub.ai, a Gurugram-based employee engagement platform, has successfully raised $4 million in a funding round led by Axilor Ventures. This latest funding brings its total investment to $11 million, which is a significant milestone for the company as it continues to grow and evolve.
Founded in 2016 by UCLA postgraduates Sourabh and Smiti Deorah, AdvantageClub.ai is a platform that uses artificial intelligence (AI), data mining, and analytics to transform employee engagement. With over 5 million users across 100+ countries and more than 1,000 clients, the platform offers various services to organizations, including employee recognition, rewards, surveys, and creating communities.
By integrating all these features into a single platform, AdvantageClub.ai has made it easier for companies to manage employee engagement at scale. The platform also provides over 10,000 redemption options for employees, making it a one-stop solution for employee rewards and recognition.
With this fresh capital, AdvantageClub.ai plans to significantly enhance its AI capabilities and expand its product offerings. The company is particularly focused on expanding its reach in North America and Asia, where the demand for advanced employee engagement tools is rapidly growing. This funding will enable them to improve their AI-driven solutions and offer more features to enhance the employee experience.
According to Sourabh Deorah, the CEO and Co-founder of AdvantageClub.ai, “This funding will help us double down on the US and Asia, expand our product suite, and continue building AI-driven solutions like Adva to engage employees in new ways.” The company’s growth strategy revolves around enhancing its products to meet the evolving needs of organizations that prioritize employee engagement as a key driver of growth.
AdvantageClub.ai is committed to building a platform that focuses on creating a better work environment for employees worldwide. By utilizing advanced AI tools, the platform personalizes rewards and recognition in ways that resonate with individual employees, making it more effective than traditional methods.
“Organizations are prioritizing employee engagement as a critical component of their growth strategies. AdvantageClub.ai offers a scalable and personalized platform that meets these needs head-on,” says Ganapathy Venugopal, CEO of Axilor Ventures.
With the funding, the company aims to deepen its presence in the US and Asia, both key markets where the need for comprehensive employee engagement tools is high. AdvantageClub.ai has already been successful in securing recognition deals in Asia, winning 65-70% of new deals in the region. The company has also made inroads in the US market, signaling its strong global growth potential.
The Deorahs have crafted the company’s vision around an “employee-first” approach, which has helped them gain the trust of top organizations across industries. The personalized services they offer are designed to foster a sense of community and recognition among employees, thus improving overall productivity and satisfaction.
One of the key factors that set AdvantageClub.ai apart from other employee engagement platforms is its use of artificial intelligence. The platform not only offers standard features like employee recognition and rewards but also provides customized solutions based on individual preferences and behaviors. This personalization helps organizations engage employees more effectively and make them feel valued in ways that traditional systems cannot match.
Additionally, the platform’s focus on data analytics allows companies to gain valuable insights into employee engagement trends, helping them fine-tune their strategies for maximum impact. As companies continue to focus on improving employee well-being and productivity, tools like AdvantageClub.ai are poised to play a significant role in shaping the future of the workplace.
As the company looks to expand and improve its product suite, it is clear that AdvantageClub.ai is positioning itself as a leader in the employee engagement space. With plans to enhance its AI-powered solutions and add new features, AdvantageClub.ai is on track to continue its rapid growth.
“We are committed to delivering a seamless experience for employees, and with this funding, we will continue to innovate and bring new solutions to the table. Our goal is to ensure that every employee feels recognized, engaged, and empowered,” says Smiti Bhatt Deorah, COO & Co-founder of AdvantageClub.ai.
AdvantageClub.ai’s $4 million funding round is a clear sign of the company’s potential to revolutionize employee engagement through AI. By focusing on expanding its reach and enhancing its product offerings, AdvantageClub.ai is not only creating a better workplace for employees but also helping organizations improve productivity and satisfaction across the globe. With an eye on global markets and continuous innovation, the future looks bright for AdvantageClub.ai.
