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Advancing logo — Garantiza y adelanta el cobro del alquiler a propietarios de...

Advancing

Garantiza y adelanta el cobro del alquiler a propietarios de inmuebles y protege ante posibles impagos del inquilino.

Founded 2019 Spain Spain 8 employees Seed Total: $485.00K Financial Services, Fintech +2

General Information

Company Name Advancing
Founded Year 2019
Location Spain Spain
Employees 8
Industries Financial Services, Fintech, Insurance +1
Funding Stage Seed
Social

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About Advancing

Advancing is a Spanish startup founded in 2019, operating in the Financial Services, Fintech, Insurance, and Real Estate industries. The company's slogan, "Garantiza y adelanta el cobro del alquiler a propietarios de inmuebles y protege ante posibles impagos del inquilino," reflects its core mission of ensuring and advancing rental payments for property owners while protecting against potential tenant defaults. Advancing aims to provide peace of mind to property owners by ensuring the timely collection of rent. The startup has gained the trust of +800 property owners and collaborates with 1,000 agencies to improve the profitability of their business. In terms of funding, Advancing secured a €150.00K Seed Round investment on 01 January 2020. Though the specific investors behind this round are undisclosed, this investment demonstrates external confidence in Advancing's business model and potential for growth within the Spanish and global real estate markets. With its innovative approach to rental payment facilitation, Advancing presents an enticing investment opportunity within the evolving landscape of real estate, fintech, and insurance. The company's ability to streamline the rental payment process and cultivate trust among property owners positions it as a promising player in the industry. As the startup continues to attract investments and expand its network of partners, it is well-poised to solidify its position as a key player in the Spanish real estate and financial services sectors.

Business keywords: rental advance, rental payment guarantee, real estate investment, tenant risk protection, landlord protection, property rental, investment security

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round €150.00K -
01 Jan 2020
Seed Round €200.00K -
01 Nov 2019
Seed Round €100.00K -
01 Jul 2019
Pre Seed Round €35.00K -
13 Dec 2018

Advancing Alternatives & Competitors

View All Alternatives
Advancing vs
FidoRent
FidoRent Italy

FidoRent platform pays landlords up to 24 months rent upfront, minimizing tenant default risks.

Pre-Seed
3 employees
Financial Services, Fintech
Advancing vs
Futurerent
Futurerent Australia

Futurerent gives property investors their rent in advance. A simple alternative to borrowing money.

Debt Financing
6 employees
Financial Services, Fintech
Advancing vs
Factored
Factored United Kingdom

Rent-backed financing

Seed
3 employees
Financial Services, Fintech
View all alternatives

FAQ About Advancing

Garantiza y adelanta el cobro del alquiler a propietarios de inmuebles y protege ante posibles impagos del inquilino.
Advancing was founded in 2019.
Advancing is headquartered in Spain.
Advancing operates in Financial Services, Fintech, Insurance and Real Estate. Its work centres on rental advance, rental payment guarantee, real estate investment and tenant risk protection.
Advancing has approximately 8 employees.
Advancing has completed 4 funding rounds, raising a total of $485.00K. The latest funding stage is Seed.
Top alternatives and competitors to Advancing include FidoRent, Futurerent, Factored, flatfair, 123 Loger. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Advancing and FidoRent are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Advancing, https://bouncewatch.com/company/advancing, updated 27 October 2024. When citing, please name BounceWatch and link this page.

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