A
Advanto
Payroll by offering employees instant access to their earned wages through a simple mobile app
About Advanto
Advanto operates in the financial technology sector, providing a smart application that allows employees to access a portion of their earned wages at any time. This service is particularly beneficial for employees who need financial flexibility and stability, as it enables them to take home more money on the days they work more. The app is designed to improve recruitment, reduce turnover, and increase employee loyalty for companies. By offering this financial benefit, companies can attract and retain talent more effectively. Advanto's business model is based on a B2B (business-to-business) approach, where companies subscribe to the service to offer it as a benefit to their employees. Revenue is generated through subscription fees paid by the companies. The market Advanto operates in includes businesses of various sizes looking to enhance their employee benefits packages and improve workforce satisfaction. The app also includes features for financial education, helping employees manage their finances better.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Prague, Czechia
- Employees
- 21
- Open positions
- None listed
- Dealroom signal
- 62.2/100
- Industry
- Fintech
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Human Resources, Recruitment, Payroll, On Demand Pay, financial inclusion
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2b, b2c
Latest news
Press, funding announcements and product moves mentioning Advanto.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ANGEL✓Equity / VC | Aug 2023 | $550K | $3.9M | Jean-Pascal Duvieusart | ↗ |
| DEBTDebt | Sep 2022 | $1.2M | — | Raiffeisenbank Czech Republic | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Advanto is 2.4K monthly website visits, down 11.1% over the last three months. Advanto's team declined 8.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Nation 1
V-Sharp Venture Studio
Jean-Pascal Duvieusart
Series B and later1 investor entered at this stage
Raiffeisenbank Czech Republic
Other known investors4 additional known investors
Marek Moravec- MMMario Megela
Matej Zabadal
Petra Hudeček Končelíková
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Advanto on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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