ADVANCING RIGHT SL

A Contech & Proptech, Fintech & Insurtech startup included in the Barcelona & Catalonia Startup Hub

ADVANCING. Barcelona & Catalonia Startup Hub
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ADVANCING

ADVANCING RIGHT SL
Carrer Sant Vicenç, 27 08001 Barcelona
https://advancing.es

Advancing is the first fintech solution applied to the proptech sector that offers landlords the possibility of receiving immediately 12 months of their rents in advance, while protecting them against default payments from their tenants. We rely on partnerships through real estate agents to commercialize our product, which costs 12% of the annual rent and gives us a profit margin of around 17%. our human capital and backend are our main resources to carry out our activity.

Industries & Technologies

Industries: Contech & Proptech, Fintech & Insurtech
Technologies: Cloud & Edge Computing
Other fields: -

Financial data

Funding stage:
Founded: 2018
Employees:

Other information

Business model: Subscription
Target: -
Spinoff participants: None / Not a spinoff

Funding

0.1M € (January 2020)

Minority stake unknown %

Investors: n.a.

0.1M € (July 2019)

Minority stake unknown %

Investors: n.a.

0.3M € (December 2018)

Minority stake unknown %

Investors: n.a.

Source: Press releases newsletters & platforms company websites annual reports & accounts regulatory body sites & stock exchanges

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The Barcelona & Catalonia Startup Hub.

It is a Catalan Government project offering updated information on the Catalan startup ecosystem; gathering and consolidating data from internal databases as well as other local and international sources.

Collaborators of Barcelona & Catalonia Startup Hub.

We teamed up with business associations, universities and startup incubators to create the Barcelona & Catalonia Startup Hub.