Accelex Secures $15M Funding to Expand AI Automation
Accelex, a London-based provider of AI automation for private markets data acquisition, reporting, and analytics, recently announced the closure of a successful $15 million Series A funding round. The investment was led by FactSet, a leading provider of financial data and analytical solutions, with the participation of existing investors Illuminate Financial, AlbionVC, SixThirty Ventures, and Expon Capital. With these new funds, Accelex plans to expand its operations, improve its product capabilities, and continue delivering success to its clients.
Since its foundation in 2018, Accelex has been offering data acquisition, analytics, and reporting solutions specifically designed for alternative investors and asset servicers.
These solutions enable financial firms to access crucial investment performance and transaction data, providing them with valuable insights. Accelex's proprietary artificial intelligence and machine learning techniques empower their solutions to automate the extraction, analysis, and sharing of complex unstructured data that is often difficult to obtain manually.
Aside from its London headquarters, Accelex also maintains offices in Paris, Luxembourg, New York, and Toronto. The company currently serves a wide array of firms, representing a combined asset base of over $1.5 trillion, invested across more than 13,000 private market funds managed by 4,000 asset managers. Accelex's continued growth and success in the alternative investment sector highlight its commitment to providing innovative and efficient data solutions to its clients.
They've invested in Accelex
Get to know these AI investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  FactSet | 2 investment(s) investment(s) | more info | |||
2 |  Illuminate Financial | 2 investment(s) investment(s) | 10 contacts contacts | |||
3 |  AlbionVC | 16 investment(s) investment(s) | more info | |||
4 |  SixThirty Ventures | 1 investment(s) investment(s) | more info | |||
5 |  Expon Capital | 1 investment(s) investment(s) | more info |
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