How Much Did Advice Raise?
Funding & Key Investors

Advice, Inc., a specialized player in the automotive human capital sector, has successfully secured a significant capital injection to bolster its operational footprint. With a total historical backing of $67K, the firm recently finalized a substantial expansion capital round of $67K. This financial milestone underscores the company's resilience and its ability to scale within the competitive landscape of specialized recruitment services, positioning it for further market penetration in the United States.

What is Advice?

Advice
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 1999 and headquartered in Austin, Texas, Advice, Inc. operates as a family-owned enterprise dedicated to the automotive recruitment industry. The company distinguishes itself through a low flat-rate service model, which provides high-quality applicant sourcing for a diverse client base ranging from large-scale dealership conglomerates to independent operators. By managing the end-to-end recruitment lifecycle—including employment advertisement creation, candidate screening, and interview coordination—the firm has successfully placed over 20,000 professionals. This operational efficiency has cemented its reputation as a vital partner for automotive businesses seeking to optimize their workforce acquisition strategies while maintaining strict budgetary controls.

How much funding has Advice raised?

Advice has raised a total of $67K across 1 funding round:

2021

Debt

$67K

Debt (2021): $67K with participation from PPP

Key Investors in Advice

PPP

Public-Private Partnership

What's next for Advice?

The infusion of capital at this significant Series B/C stage signals a strategic pivot toward aggressive growth and technological enhancement of their recruitment platform. As the automotive sector continues to face labor shortages and evolving skill requirements, Advice, Inc. is well-positioned to leverage its recent financing to expand its service reach and potentially integrate advanced screening technologies. The firm's focus will likely remain on scaling its proven recruitment methodology, ensuring that its value proposition remains robust against emerging digital competitors. By maintaining its commitment to high-touch, budget-conscious service, the company is poised to capture a larger share of the dealership recruitment market, driving long-term value for its stakeholders and clients alike.

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Frequently Asked Questions Regarding Advice Financial Insights

What are the most recent funding rounds that Advice has completed, and what were the funding rounds?
Advice has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding Advice has raised to date?
Advice has raised a total of $67K in funding to date.
How many funding rounds has Advice completed?
Advice has completed 1 funding rounds.
How much funding did Advice raise in its most recent funding round?
Advice raised $67K in its most recent funding round.
Who are the lead investors in Advice's latest funding round?
The lead investor in Advice's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Advice's history?
The largest funding round in Advice's history was $67K.
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