RIA Advisory Receives Investment From Avance Investment Management

RIA AdvisoryAvance Investment Management invested in a Coral Gables-based company that provides revenue management solutions.

The financial terms 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 offers a variety of diversified offerings. It implements highly scalable Oracle platforms, proprietary differentiated IP and tech to solve the most complex and critical financial challenges that CFOs and their teams today. Its unique IP and execution capabilities allow it to solve difficult financial and revenue-focused problems such as deal management, billing, receivable and payable accounting, settlement and collection, rating and pricing, and settlement and collection. 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. 



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