Advaisor AG completes a funding round

Advaisor is an ETH spin-off using Artificial Intelligence to measure and improve corporate culture. The company leverages thousands of data points produced by digital tools in the modern workplace to gain valuable insights into an organisation's corporate culture. Instead of running surveys, advaisor builds insights passively on critical cultural dimensions such as trust, collaboration, and client-centricity. After completing the F10 FinTech Incubator and Accelerator program as well as the Kickstart Program in 2019, the company launched several client projects with large Swiss financial institutions.

Moving forward towards market-entry, advaisor has closed its first financing round with CHF 500'000 led by SICTIC. Ruediger Petrikowski, Board Member of SICTIC, CFO and M&A Practice Lead of Leverage Experts led the negotiation. He comments: “advaisor’s team 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.”

Alongside SICTIC, were renowned business angels from Switzerland and the F10 FinTech Incubator and Accelerator that participated in the round. The startup will use the funds to improve its product offering, engage a broader client base and scale the culture analysis product, based on the learnings from initial client projects.

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.”

(Press release/ran)