What is Accern?
Founded in 2014 and headquartered in New York City, Accern provides a sophisticated no-code development environment designed to accelerate AI adoption within large-scale enterprises. The platform distinguishes itself through its Unstructured Data Compatibility, Auto Machine-Learning Taxonomy, and Adaptive NLP Models. By offering secured and flexible deployment options, Accern enables businesses to transform complex, disparate data streams into actionable intelligence without the traditional overhead of extensive custom coding. This positioning places the firm at the intersection of data science and operational efficiency, catering to a market demand for rapid, scalable AI integration.
How much funding has Accern raised?
Accern has raised a total of $35.1M across 3 funding rounds:
Angel/Seed
$2.1M
Series A
$13M
Series B
$20M
Angel/Seed (2017): $2.1M with participation from Credit Suisse, Affinity Investment Group, Belmont Capital, Deutsche Banks, Cane Investment Partners, and 26 Ventures
Series A (2020): $13M led by Vectr Fintech Partners, Viaduct Ventures, Mighty Capital, Allianz Life Insurance Company of North America, and Fusion Fund
Series B (2022): $20M supported by Mighty Capital, Tribe Capital Growth Corp I, Fusion Fund, Viaduct Ventures, Shasta Ventures, and Gaingels
Key Investors in Accern
Mighty Capital
Mighty Capital is a venture capital firm that specializes in funding innovative startups and helping them scale their products and teams, with a strong track record of successful exits and IPOs.
Fusion Fund
Fusion Fund specializes in backing early-stage startups utilizing technical or data advantages across various industries, including healthcare, enterprise AI, and industrial technology.
Shasta Ventures
Shasta Ventures is a leading early-stage venture capital firm that partners with bold creative entrepreneurs, specializing in enterprise software startups with over $1B under management.
What's next for Accern?
Following the recent strategic investment, Accern is well-positioned to expand its footprint in the enterprise AI landscape. The company's roadmap likely involves deepening its NLP capabilities and enhancing its no-code infrastructure to support more complex, industry-specific use cases. As enterprises continue to prioritize digital transformation, Accern's focus on secure, flexible deployment will be critical in maintaining its competitive edge. The firm is expected to leverage its current capital reserves to scale its go-to-market strategy, potentially targeting new verticals that require high-fidelity data analysis and automated decision-making frameworks.
See full Accern company page
