What is Accern?
Founded in 2014 and headquartered in New York City, Accern specializes in accelerating AI adoption for enterprises through its no-code development platform. The platform offers advanced capabilities 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 requiring extensive coding expertise, thereby democratizing AI implementation across various industries.
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, Belmont Capital, and Affinity Investment Group
Series A (2020): $13M led by Allianz Life Insurance Company of North America, Vectr Fintech Partners, Fusion Fund, Mighty Capital, and Viaduct Ventures
Series B (2022): $20M supported by Fusion Fund, Tribe Capital Growth Corp I, Gaingels, Mighty Capital, Shasta Ventures, and Viaduct Ventures
Key Investors in Accern
Fusion Fund
Fusion Fund is a venture capital firm that specializes in backing early-stage startups with technical or data advantages, particularly in healthcare and enterprise AI. They focus on Pre-Seed, Seed, and Series A companies, providing strategic connections and entrepreneurial expertise.
Tribe Capital Growth Corp I
Tribe Capital Growth Corp I is a special purpose acquisition company that intends to merge with or acquire businesses, focusing on strategic growth opportunities. It was incorporated in 2020 and is based in San Francisco, California.
Gaingels
Gaingels is a leading investment syndicate supporting the LGBTQ community and allies, investing in high-growth companies with inclusive teams across various sectors like technology, B2B, healthcare, and consumer markets.
What's next for Accern?
The recent major strategic investment signifies Accern's transition into a scaling phase, likely focusing on expanding its market reach, enhancing its platform's capabilities, and potentially exploring new enterprise verticals. With a robust no-code AI development framework and substantial backing, Accern is well-positioned to capitalize on the growing demand for accessible AI solutions. Future developments may include further integration of advanced machine learning models and broader deployment options to cater to a diverse enterprise clientele.
See full Accern company page
