What is Accern?
Founded in 2014 and headquartered in New York City, Accern provides a no-code development platform designed to accelerate AI adoption for enterprises. The platform offers key features such as Unstructured Data Compatibility, Auto Machine-Learning Taxonomy, Adaptive NLP Models, and Secured & Flexible Deployment Options. Accern's technology empowers businesses to leverage artificial intelligence without extensive coding expertise, facilitating the integration of advanced AI capabilities into their operations.
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 Affinity Investment Group, Belmont Capital, Deutsche Banks, 26 Ventures, Cane Investment Partners, and Credit Suisse
Series A (2020): $13M led by Vectr Fintech Partners, Fusion Fund, Allianz Life Insurance Company of North America, Mighty Capital, and Viaduct Ventures
Series B (2022): $20M supported by Tribe Capital Growth Corp I, Gaingels, Mighty Capital, Shasta Ventures, Viaduct Ventures, and Fusion Fund
Key Investors in Accern
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. They partner with experienced founders and make investments in Pre-Seed, Seed, and Series A companies.
Allianz Life Insurance Company of North America
Established in 1890, Allianz Life Insurance Company of North America provides annuities and life insurance products in the United States, indicating a strategic interest in established companies with strong growth potential.
Gaingels
Gaingels is a leading investment syndicate supporting the LGBTQ community and allies, investing in high-growth companies resolved on building more inclusive teams across various sectors.
What's next for Accern?
The recent major enterprise-level funding positions Accern for significant growth and expansion. This capital infusion is expected to fuel further development of its AI adoption platform, enhance its market reach, and potentially support strategic acquisitions or partnerships. The company's focus on no-code AI solutions addresses a critical market need, suggesting a trajectory towards broader enterprise integration and market leadership in the AI-driven data analytics space.
See full Accern company page
