Advancio, Inc.
Advancio is a private, founder-led nearshore IT outsourcing and software development firm with 300+ developers across the US, Mexico, and Morocco, specializing in insurance technology modernization, staff augmentation, and Microsoft-stack delivery for enterprise and mid-market clients.
- Company typePrivate
- Founded2014
- HeadquartersSanta Clarita, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Advancio, Inc. does
Advancio, Inc. is a privately held IT outsourcing and nearshore software development firm founded in Los Angeles in 2010 (per firmographic data) and operating from offices in Valencia, California; Las Vegas, Nevada; Tijuana and Ensenada, Mexico; and Casablanca, Morocco. The company employs a stated 300+ developer base and reports more than 1,700 completed projects over 10+ years, positioning itself as a domain specialist in insurance technology (the 'Messy Middle' of legacy modernization) while also serving automotive, financial services, logistics, and compliance buyers. Its service portfolio spans staff augmentation, managed teams, full project delivery, BPO front- and back-office outsourcing, RPA implementation, digital transformation consulting, and pre-built accelerators for underwriting, claims, policy administration, and distribution.
Underlying technology is built on the Microsoft ecosystem (Azure, Dynamics 365, Power Platform including Power Apps, Power Automate, Power BI, and Power Pages, plus Microsoft 365), delivered via Agile, Scrum, Kanban, and Waterfall methodologies, and reinforced by a proprietary talent gamification process spanning 900+ skills. Advancio's product surface includes the AIVA Chatbot (an AI-powered conversational agent for insurance claims and policy servicing), the Advancio Platform (a role-based dashboard with Microsoft Defender integration), and pre-built insurance accelerators intended to compress deployment timelines from months to weeks. SOC 2 Type II, HIPAA, and ISO 27001 certifications are maintained for regulated-buyer procurement.
Revenue is generated primarily through professional services on staff augmentation (monthly usage-based billing), fixed-price or time-and-materials project delivery, managed services, BPO subscriptions, and RPA/digital transformation consulting. Go-to-market is enterprise field sales targeting insurance carriers, automotive OEMs, and mid-market growth companies, supplemented by inside sales, a Microsoft Gold Partner channel, content marketing through the Advancio tech blog and Advancio Talks podcast, and bottom-of-funnel ROI and cost calculators. The company is founder-led by co-founders Karim Jernite and Josie Lopez, with no disclosed external funding, M&A, or restructuring events in the available data.
Advancio, Inc. firmographics
Firmographics- Name
- Advancio, Inc.
- Legal name
- Advancio, Inc.
- Website
- https://advancio.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Advancio is a private, founder-led nearshore IT outsourcing and software development firm with 300+ developers across the US, Mexico, and Morocco, specializing in insurance technology modernization, staff augmentation, and Microsoft-stack delivery for enterprise and mid-market clients.
- Ownership category
- akta.pro rank
Advancio, Inc. industry classification
Industry- Product category
- IT Staff Augmentation & Nearshore Software Development
- NAICS
- Administrative and Support Services (561)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Application Outsourcing (AO) (BPAEAMAA)
- akta.pro secondary industry
- Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)
Keywords
Where Advancio, Inc. is headquartered
LocationHeadquarters
- HQ city
- Santa Clarita
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Advancio, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Staff Augmentation: Provides pre-vetted remote developers and IT professionals to clients on a contract basis. Clients gain access to specialized talent (JavaScript, .NET, React, Angular, QA engineers, project managers, UI/UX designers) to supplement their internal teams. Revenue generated through hourly or monthly billing for extended team members.
- Full Project Development: End-to-end custom software development from requirements analysis through deployment. Includes CMS development, web development, app development, quality assurance, and web hosting. Fixed-price or time-and-materials engagement models depending on project scope.
- BPO Services: Business process outsourcing covering both front-office (customer service, sales, marketing) and back-office (HR, accounting, data entry, IT operations) functions. Delivered through high-tech teams based on client-specific needs.
- Managed Services: Ongoing IT infrastructure management, QA & software testing, IT support, virtual CIO services, and technology foundation maintenance. Provides proactive support and comprehensive monitoring as an extension of client IT teams.
- RPA Implementation: Robotic process automation services to automate repetitive, high-volume, rule-based processes. Often bundled with BPO services for business transformation. Revenue generated through implementation fees plus ongoing maintenance.
- Digital Transformation Consulting: Strategic consulting for digital transformation initiatives including legacy system modernization, AI integration, and process automation. Often combined with implementation services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Staff Augmentation - Flexible team scaling |
| One time/ perpetual license | Multi-year contract | Full Project Development - Fixed scope engagements |
| Subscription | Monthly | BPO Services - Outsourcing engagements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Advancio, Inc. product offering
Product offeringCore offering
Advancio provides nearshore IT outsourcing and software development services with a strong specialization in insurance technology. It offers staff augmentation, dedicated managed teams, end-to-end project delivery, and pre-built accelerators for underwriting, claims, policy administration, and distribution workflows. The company also delivers BPO, RPA implementation, and an AI-powered chatbot product (AIVA) to insurance carriers, automotive OEMs, and other enterprises.
Product overview
Advancio, Inc. is an IT outsourcing and nearshore software development company with offices in Los Angeles (USA), Tijuana (Mexico), and Casablanca (Morocco). The company operates as a talent solutions provider offering staff augmentation, managed teams, project delivery, and Talent-as-a-Service models. Their service portfolio includes Software Development, Software Quality Assurance, Project Management, UI/UX Design, Digital Marketing, and Virtual Agents. The company specializes in Microsoft-centric technology solutions including Azure cloud infrastructure, Power Platform (Power Apps, Power Automate, Power BI, Power Pages), Dynamics 365, and Microsoft 365. Advancio also provides robotic process automation (RPA) services and AI-powered chatbot development (AIVA Chatbot) for insurance, finance, logistics, and technology industries. Development methodologies include Agile, Scrum, Kanban, and Waterfall. The company positions itself as serving the 'Messy Middle' of legacy systems modernization for insurance carriers and related enterprises.
Differentiator
Problem solved
Functional benefit
Brands
- AIVA Chatbot: AI-powered conversational chatbot product for automating customer service and claims management in the insurance industry
- Ketzal
- Advancio's University
- Advancio Platform
Products and services
- AIVA Chatbot AI-powered conversational chatbot product that automates customer service and claims processing for insurance and adjacent industries, and connects via APIs to third-party systems for policy information and sales enablement.
- Pre-built Insurance Accelerators Pre-built software solutions for underwriting, claims, policy administration, and distribution workflows in the insurance industry that can be deployed in weeks rather than months, targeting insurance-specific processes to accelerate modernization.
- Advancio Platform Custom-built dashboard platform with role-based access, audit logs, and Microsoft Defender integration that Advancio uses to deliver client solutions and ongoing managed services.
- Staff Augmentation Pre-vetted remote developers and IT professionals (JavaScript, .NET, React, Angular, QA engineers, project managers, UI/UX designers) provided on a contract basis to supplement client internal teams, billed monthly on usage basis.
- Managed Teams Fully managed nearshore engineering teams assembled using Advancio's proprietary gamification methodology, providing ongoing delivery capacity for clients without requiring them to manage the team directly.
- Project Delivery End-to-end custom software project delivery from requirements analysis through deployment, including CMS, web, mobile app, quality assurance, and web hosting, delivered under fixed-price or time-and-materials engagements.
- Talent-as-a-Service Flexible talent delivery model that provides pre-vetted developers and technical professionals on demand, leveraging the proprietary gamification process for matching and retention.
- Business Process Outsourcing (BPO) Services Outsourced front-office (customer service, sales, marketing) and back-office (HR, accounting, data entry, IT operations) functions delivered through high-tech teams based on client-specific needs, often combined with RPA.
- RPA Implementation Services Robotic process automation services to automate repetitive, high-volume, rule-based business processes, often bundled with BPO services for end-to-end business transformation, with implementation fees plus ongoing maintenance.
- Managed IT Services Ongoing IT infrastructure management, QA and software testing, IT support, virtual CIO services, and technology foundation maintenance, providing proactive monitoring as an extension of client IT teams.
- Digital Transformation Consulting Strategic consulting for digital transformation initiatives including legacy system modernization, AI integration, and process automation, often combined with implementation services.
Quantifiable outcome
- Legacy system modernization completed in weeks rather than months through pre-built accelerators
- +3 more outcomes
Companies that use Advancio, Inc.
Customer profileNamed customers23 records
Segments4 records
Ideal customer profiles4 records
Advancio, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Advancio, Inc. partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- MicrosoftcoreGold Microsoft Partner status achieved through certifications and implementation of Microsoft technology stack including Azure, Dynamics 365, Power BI, Power Automate, Power Apps, and Office 365. Partnership provides exclusive access to training tools, programs, and networking opportunities. Advancio leverages Microsoft ecosystem for client solutions and internal operations.
- Grupo 360 CGMminorSpecialist partner collaborated with Advancio's University to provide various professional development courses for employees.
- Nearshore Development PartnerscoreNetwork of development teams and partners located across nearshore regions including Eastern Europe, South America, Asia, and Africa. Advancio has met all partners in person and vetted their professional capabilities.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Advancio, Inc. competitors and assessment
Company assessmentDirect peers
- BairesDev: Latin America-based nearshore IT staffing and software development company with comparable staff augmentation model, similar large developer bench, and enterprise sales motion targeting US clients including insurance and financial services.
- Globant: Large nearshore IT services firm with deep insurance vertical expertise (Insurtech Studio) and similar digital transformation, legacy modernization, and AI offerings for enterprise clients including US insurers.
- Endava: Nearshore IT services company with comparable staff augmentation, managed teams, and insurance industry vertical expertise, including digital transformation delivery for global insurers.
- Softtek: Mexico-headquartered nearshore IT services firm offering staff augmentation and project delivery for US enterprises, with similar time zone alignment, cultural proximity, and cost arbitrage advantages to Advancio's Tijuana/Ensenada hubs.
- EPAM Systems: Global digital engineering and IT services firm with nearshore delivery centers in Latin America and Eastern Europe, providing comparable staff augmentation, software development, and insurance vertical modernization services.
- Hexaware: Mid-tier IT services firm with insurance industry specialization and nearshore delivery capabilities, offering comparable modernization and digital transformation services to US insurance carriers.
- Persistent Systems: Mid-tier IT services firm with insurance and financial services vertical expertise and nearshore/offshore delivery capabilities, comparable in scale and service mix to Advancio.
Broad incumbents
- Cognizant: Global IT services giant with large insurance practice offering similar legacy modernization, claims/underwriting transformation, and staff augmentation — competes with Advancio for enterprise insurer RFPs but at much larger scale.
- Infinite Computer Solutions: IT services firm with insurance vertical focus offering similar digital transformation, legacy modernization, and managed services for US insurers and healthcare payers.
- Slalom: US-based consulting and technology services firm with strong insurance vertical practice, often partnering with or competing against nearshore delivery providers on enterprise transformation engagements.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Advancio, Inc. social profiles
Digital presenceAdvancio, Inc. compliance and trust
Trust signalCompliance3 records
Advancio, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Advancio, Inc. leadership team
Management profileNumber of profiles
Profiles2 records
Advancio, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Advancio, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Advancio, Inc.
What does Advancio, Inc. do?
Advancio provides nearshore IT outsourcing and software development services with a strong specialization in insurance technology. It offers staff augmentation, dedicated managed teams, end-to-end project delivery, and pre-built accelerators for underwriting, claims, policy administration, and distribution workflows. The company also delivers BPO, RPA implementation, and an AI-powered chatbot product (AIVA) to insurance carriers, automotive OEMs, and other enterprises.
Is Advancio, Inc. a public or private company?
Advancio, Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Advancio, Inc. founded?
Advancio, Inc. was founded in 2014. It employs 251 to 500 people.
Where is Advancio, Inc. based?
Advancio, Inc. is headquartered in Santa Clarita, United States, in the North America region.
How does Advancio, Inc. make money?
Six revenue lines are on record. Staff Augmentation is the primary driver. The others are full Project Development, BPO Services, managed Services, RPA Implementation and digital Transformation Consulting.
Who are Advancio, Inc.'s main competitors?
Direct peers on record are BairesDev, Globant, Endava, Softtek, EPAM Systems, Hexaware and Persistent Systems. Broad incumbents are Cognizant, Infinite Computer Solutions and Slalom.
Does Advancio, Inc. have an API?
No public API is recorded for Advancio, Inc..
What industry is Advancio, Inc. in?
Advancio, Inc.'s product category is IT Staff Augmentation & Nearshore Software Development. Its primary akta.pro industry code is BPAEAMAA, Application Outsourcing (AO), with a secondary code of FSAGAGAE, Data, Analytics & AI for Insurance (Risk, Pricing, Personalization). Its NAICS code is 561 and its SIC code is 7371.