Advance raises $8.55M in seed funding, led by nvp Capital, to modernize insurance payment management.
Amount Raised
$8.55 Million
Round Type
Seed
New YorkFinanceFintechInvestors
Description
Advance, a financial platform for insurance, has raised $8.55 million in seed funding. The investment will help to modernize how insurance intermediaries manage and move money. The round was led by nvp Capital, with support from Crystal Ventures, Vesey Ventures, and others. This funding follows Advance's previous pre-seed financing.
Quick answer
Advance raised $8.55 Million in a Seed round, dated February 5, 2026. Investors: NVP Capital, Crystal Ventures, Vesey Ventures, Mensch Capital and Assaf Wand. Advance is based in New York, New York, United States.
- How much did Advance raise?
- Advance raised $8.55 Million in a Seed round on February 5, 2026.
- Who invested in Advance?
- NVP Capital, Crystal Ventures, Vesey Ventures, Mensch Capital and Assaf Wand are named as investors in this round.
- What does Advance do?
- Advance is a financial platform built for insurance that helps MGAs, wholesalers, and high-volume agencies modernize how premium money moves.
- Where is Advance based and how big is it?
- Advance is based in New York, New York, United States.
- Who are the decision-makers at Advance?
- Fundz holds 1 contact at Advance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as Advance that raised within 45 days of this round, from Fundz verified event records.
- Chaince Digital Holdings raised $5M (Post-IPO Equity) on March 19, 2026.
- dtcpay raised $10M (Series A) on March 18, 2026.
- MetaComp Pte. Ltd raised $35M (Pre-Series A) on March 17, 2026.
- MetaComp raised an undisclosed amount (Pre-Series A) on March 13, 2026.
- OpenCFO raised $2M (Seed) on March 12, 2026.
- Translucent raised $27M (Series A) on March 11, 2026.
Who to call at Advance, and when
A new round usually means Advance is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Advance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Advance, from your own LinkedIn network
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Related People
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