What is Accern?
Founded in 2014 and headquartered in New York City, Accern provides a sophisticated no-code development platform designed to streamline the integration of artificial intelligence into enterprise workflows. The company distinguishes itself through its specialized capabilities in unstructured data compatibility, automated machine-learning taxonomy, and adaptive natural language processing (NLP) models. By offering secured and flexible deployment options, Accern enables organizations to leverage advanced data analytics without the traditional barriers of extensive coding requirements, positioning itself as a critical infrastructure provider for modern digital transformation.
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 Deutsche Banks, 26 Ventures, Cane Investment Partners, Credit Suisse, Affinity Investment Group, and Belmont Capital
Series A (2020): $13M led by Mighty Capital, Viaduct Ventures, Allianz Life Insurance Company of North America, Vectr Fintech Partners, and Fusion Fund
Series B (2022): $20M supported by Gaingels, Fusion Fund, Tribe Capital Growth Corp I, Mighty Capital, Shasta Ventures, and Viaduct Ventures
Key Investors in Accern
Gaingels
Gaingels is a leading investment syndicate focused on supporting LGBTQ founders and inclusive teams, providing capital and advisory services across various growth stages.
Fusion Fund
Fusion Fund specializes in backing early-stage startups that utilize technical or data advantages, particularly within the enterprise AI and industrial technology sectors.
Shasta Ventures
Shasta Ventures is a prominent early-stage venture capital firm with over $1B under management, dedicated to partnering with entrepreneurs building transformative enterprise software.
What's next for Accern?
Following its latest major strategic investment, Accern is well-positioned to scale its operations and further refine its proprietary AI technology. The company's focus remains on expanding its footprint within the enterprise software market, where demand for automated, high-accuracy data processing continues to surge. By leveraging its recent capital injection, Accern is expected to enhance its product suite, potentially targeting deeper integrations with legacy enterprise systems and accelerating its go-to-market strategy to maintain its competitive edge in the rapidly evolving AI landscape.
See full Accern company page
