# Advance.ai funding: rounds and investors

> Advance.ai has raised $137M across 5 rounds since 2018. Investors include ZhenFund, Gaorong Capital and Go Capital. Every round with its source.

Source: https://millionrounds.com/company/advance-ai (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Advance.ai*

5 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics Fintech

Funding summary Updated 26 Oct 2026

**$137M** raised across 5 rounds since 2018, from 5 sources

**$50M** Series B **$80M** Series C **$1.1M** Round **$1.8M** Round **$4.0M** Seed

- **Latest round:** Seed, $4.0M Oct 2024
- **Biggest round:** $80M Series C · Sept 2019
- **Step-up i:** 2.2×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024

**$50M** Series B

**$80M** Series C

**$1.1M** Round

**$1.8M** Round

**$4.0M** Seed

- **First round:** Series B, $50M
- **Biggest round:** $80M
- **Usual gap between rounds:** 14 months

## The rounds

- **Oct 2024** Seed **$4.0M** *1 new* [Go Capital](https://millionrounds.com/fund/go-capital) Source recorded
- **Apr 2024** Round **$1.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2023** Round **$1.1M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2019** Series C **$80M** *2 new* [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) Reported by Scmp
- **Jul 2018** Series B **$50M** *6 new* [ZhenFund](https://millionrounds.com/fund/zhenfund) [GSR Ventures](https://millionrounds.com/fund/gsr-ventures) [Vision Capital](https://millionrounds.com/fund/vision-capital) [Farallon Capital](https://millionrounds.com/fund/farallon-capital) [NorthStar](https://millionrounds.com/fund/northstar) Provident Reported by China Money Network

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2018 **Series C** 2019 **Round** 2023 **Round** 2024 **Seed** 2024 [ZhenFund](https://millionrounds.com/fund/zhenfund) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Go Capital](https://millionrounds.com/fund/go-capital) [GSR Ventures](https://millionrounds.com/fund/gsr-ventures) [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) [Vision Capital](https://millionrounds.com/fund/vision-capital) [Farallon Capital](https://millionrounds.com/fund/farallon-capital) [NorthStar](https://millionrounds.com/fund/northstar) Provident

## Everyone who backed them

[ZhenFund](https://millionrounds.com/fund/zhenfund) VC firm **1** round

[Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) VC firm **1** round

[Go Capital](https://millionrounds.com/fund/go-capital) VC firm **1** round

[GSR Ventures](https://millionrounds.com/fund/gsr-ventures) VC firm **1** round

[Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) Private equity **1** round

[Vision Capital](https://millionrounds.com/fund/vision-capital) Private equity **1** round

[Farallon Capital](https://millionrounds.com/fund/farallon-capital) Hedge fund **1** round

[NorthStar](https://millionrounds.com/fund/northstar) Hedge fund **1** round

Provident no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=advance-ai).

## Quick answers about Advance.ai

### Who invested in Advance.ai?

Advance.ai's investors include ZhenFund, Gaorong Capital, Go Capital, GSR Ventures and Pavilion Capital, and 4 more on record.

### How much has Advance.ai raised?

Advance.ai has raised $137M across 5 rounds since 2018.

### When did Advance.ai last raise?

Advance.ai's most recent round was a Seed of $4.0M in Oct 2024.

### What was Advance.ai's biggest round?

Advance.ai's largest round on record is $80M (Series C), in Sept 2019.

### Who backed Advance.ai first?

Advance.ai's first round on record, in Jul 2018, was backed by ZhenFund, GSR Ventures and Vision Capital and 3 others.

### What stage is Advance.ai at?

Advance.ai's latest named round is a Seed, in Oct 2024.

### Where is Advance.ai based?

Advance.ai is based in Singapore.

## Companies like Advance.ai

In the same sector, and raised in the last eighteen months.

[**IPID** $16M · Oct 2026](https://millionrounds.com/company/ipid)[**Laters.com** $1.5M · Sept 2026](https://millionrounds.com/company/laters-com)[**Dtcpay** $50M · Sept 2026](https://millionrounds.com/company/dtcpay)[**i4TECH** $180K · Sept 2026](https://millionrounds.com/company/i4tech)[**Ropedia** $30M · Jul 2026](https://millionrounds.com/company/ropedia)[**FileAI** $22M · Jun 2026](https://millionrounds.com/company/fileai)

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