USA – RIA Advisory, a Coral Gables, Florida-based premier provider of revenue management solutions, received an investment from Avance Investment Management.
The financial terms of the deal were not disclosed. Founded in late 2016, RIA is a revenue management solutions provider that has established itself as a partner for a wide range of Fortune 100 Companies – including numerous blue chip customers. RIA provides a portfolio of diversified offerings, implementing highly scalable Oracle platforms and proprietary differentiated IP and technology to solve the most critical and complex challenges CFOs and financial teams face today. Its proprietary IP and execution capabilities provide solutions for challenging financial and revenue-focused issues such as deal management; billing, receivable, payable, and subledger accounting; settlement and collection; and rating and pricing. The company, which employs more than 500 professionals worldwide, is headquartered in Coral Gables, Florida, with offices in the U.K., Canada, India, the Philippines and Australia. The investment will support RIA’s strategy to further diversify its core capabilities and enhance its offerings to support the expansion in new verticals to accelerate its growth trajectory. CEO and Founder Saket Pabby and the current management team will continue to lead the business forward as it innovates and expands its footprint and suite of services, support and product offerings. 29/08/2022
