advaisor AG has successfully closed a financing round of half a million CHF to accelerate the roll-out of its products to improve corporate culture.
Half a million CHF financing round to scale
The financing round was led by investors of the Swiss ICT Investor Club (SICTIC), accompanied by renowned Swiss business angels and the F10 FinTech Incubator and Accelerator. Ruediger Petrikowski, Board Member of SICTIC and CFO & M&A Practice Lead of Leverage Experts led the negotiation and comments: “The team of advaisor AG has a strong vision to improve corporate culture of companies with real-time measurement. The team is highly capable of keeping focus and using the latest AI technology based on their close cooperation with the ETH.”
advaisor AG is hiring to enhance its knowledge base and to further expand its technical and sales capabilities. Reflecting the learning from initial client projects, advaisor AG will use the funding to improve its product offering and to scale their culture analysis product. With the funding, the start-up will also engage a broader client base.
Dimitri Nabatov, Founder and CEO of advaisor AG, says “The funding round is an important milestone for us towards our grand vision: we want to improve corporate culture for at least one million people in the next 5 years and boost corporate performance using AI technology. I am extremely excited to have the support of this very competent group of investors to support us on that journey.”
advaisor AG is an ETH spin-off using Artificial Intelligence to measure and improve digital collaboration. The advaisor add-in for Microsoft Outlook helps individuals to communicate better in the workplace and to improve the customer experience. The real-time system supports managers and employees to develop more self-aware behaviors, engagement and optimism at work, which radiates positively onto clients.
Furthermore the startups uses AI to generate emotion-related big-data from the digital footprint at work to offer relevant and personalized solutions to information overflows, harmful negativity clusters and work culture related issues.