Total Funding
40
Total FundingSeries A raised
Growth Score in past quarter
pts
Heat Score 40 in past quarter
7 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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102459
Advanon is an online platform where SMEs can find funds for their short-term financing needs by selling invoices to financial investors.
About the Company
Based in Zurich, Switzerland, Advanon is an invoice financing platform that offers a flexible method to get invoices pre-financed by numerous financial investors. The platform provides small- and medium-sized enterprises with the option to pre-finance their open invoices, allowing them to avoid the necessity of waiting for 30 to 120 days for their
customers to pay. Launched by Phil Lojacono, Philip Kornmann, and Stijn Pieper in 2015, Advanon is an authorized financial intermediary that is directly subordinated to FINMA according to the Anti Money Laundering Act.