Seed · Fintech
Advance raises $8.55m seed for insurance payments
nvp Capital leads Advance’s seed round to expand its product and reach more insurance intermediaries.
Financing and next steps
Crystal Venture Partners, Vesey Ventures, Harel Insurance Group, Mensch Capital and angels including Assaf Wand also participated. The February 5 announcement follows earlier pre-seed funding; capital will support product expansion and sales to MGAs, wholesalers and high-volume agencies.
Advance issued a correction on February 6, clarifying Crystal Venture Partners’ name and adding Harel Insurance Group to the investor list.
Funding history
Seed · This round$8.6M