HR tech start-up Advantage Club raises $5 million from Jetty, YCombinator

The AI-driven employee engagement and benefits platform Advantage Club, raised $3.3 Million from Jetty Ventures, Earlsfield Capital, SMC Advisors and other investors. This is an add-on to the recent round of $1.7 million from Y Combinator, Broom ventures, Kunal Shah and others.

With this latest round of funding, the company aims to expand its operations abroad and add more products and features to compete in the $13 billion global HR tech market. The company also plans to continue investing in AI and machine learning to improve its product offerings.

Sourabh Deorah, CEO and co-founder, Advantage Club, said, “The latest influx of funds will help us bolster our presence internationally and help us hire the right talent to manage our operations globally.”