What is Accion Labs?
Founded in Pittsburgh, PA, in 2011, Accion Labs is a technology consulting firm specializing in helping businesses harness emerging technologies. Their expertise spans advanced UX, artificial intelligence, machine learning, big-data analytics, cloud migration, legacy platform re-engineering, process automation, mobility, augmented reality, and IoT solutions. Accion Labs serves a diverse clientele, including software product companies, e-SaaS firms, e-business organizations, and enterprises undergoing digital transformation. They cater to industries such as healthcare, financial services, technology, and fintech, with a global presence across North America, the United Kingdom, and the Asia-Pacific region. The firm offers robust B2B and B2C technology solutions, with a particular emphasis on software engineering, mobile applications, and IT consulting services.
How much funding has Accion Labs raised?
Accion Labs has raised a total of $11M across 1 funding round:
Other Financing Round
$11M
Other Financing Round (2020): $11M with participation from Boeing Horizon X Ventures, TA Associates Inc, and Shasta Ventures
Key Investors in Accion Labs
Boeing Horizon X Ventures
Boeing Horizon X Ventures is an investment arm focused on emerging technologies and aerospace innovation.
TA Associates Inc
TA Associates Inc is a prominent private equity firm known for investing in growth equity and buyouts across various sectors.
Shasta Ventures
Shasta Ventures is an early-stage venture capital firm that partners with entrepreneurs building innovative enterprise software solutions.
What's next for Accion Labs?
The recent major strategic investment signals a pivotal phase for Accion Labs, likely aimed at accelerating its expansion into new markets or deepening its capabilities in key technology areas such as AI and cloud. This capital infusion is expected to fuel further innovation and bolster its position as a leader in digital transformation consulting. The company's focus on advanced technologies and diverse industry applications suggests a strategy geared towards capturing a larger share of the enterprise technology services market.
See full Accion Labs company page
