Accelex Announces $15M Series A Funding Round Led By Factset; Firms Set To Automate Critical Private Markets Workflows For Investors
Nov 02, 2023•about 2 years ago
Amount Raised
$15 Million
Round Type
series a
Investors
Expon CapitalSix Thirty VenturesAlbion VcIlluminate FinancialFact Set
Description
Accelex, a leading provider of AI automation for private markets data acquisition, reporting and analytics, announced today it has closed a $15 million Series A funding round led by FactSet, a global financial digital platform and enterprise solutions provider, with participation from existing investors Illuminate Financial, AlbionVC, SixThirty Ventures and Expon Capital.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech