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Accelex Announces $15M Series A Funding Round Led By Factset; Firms Set To Automate Critical Private Markets Workflows For Investors

PRIVATENov 02, 2023

Amount Raised

$15 Million

Round Type

Series A

LondonSoftwareArtificial IntelligenceAnalyticsMachine LearningBig Data

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.

Quick answer

Accelex raised $15 Million in a Series A round, dated November 2, 2023. Investors: Expon Capital, Six Thirty Ventures, Albion VC, Illuminate Financial and Fact Set. Accelex is based in London, England, United Kingdom.

How much did Accelex raise?
Accelex raised $15 Million in a Series A round on November 2, 2023.
Who invested in Accelex?
Expon Capital, Six Thirty Ventures, Albion VC, Illuminate Financial and Fact Set are named as investors in this round.
What does Accelex do?
Deliver data-driven investment decisions, faster, with greater transparency and at scale with our next-generation machine-learning technology.
Where is Accelex based and how big is it?
Accelex is based in London, England, United Kingdom.
Who are the decision-makers at Accelex?
Fundz holds 1 contact at Accelex. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Big Data around the same time

Companies in the same sectors as Accelex that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • Chalk raised $10M (Seed) on December 12, 2023.
  • VAST Data raised an undisclosed amount (Series E) on December 6, 2023.
  • MineOS raised $30M (Series B) on December 5, 2023.
  • Atana raised $6M (Series A) on October 11, 2023.
  • Betterleap raised $13M (Seed) on September 18, 2023.

Who to call at Accelex, and when

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Company Information

Company

Accelex

Location

London, England, United Kingdom

About

Deliver data-driven investment decisions, faster, with greater transparency and at scale with our next-generation machine-learning technology. Accelex allows investors and servicers in alternative assets to quickly and easily acquire, extract and analyze investment data. Using artificial intelligence and machine learning, Accelex allows clients to automate the accessing, extracting, organizing and analyzing of data from alternative investment portfolios. This offers clients a more complete picture of investments from the overall portfolio all the way down to the underlying assets. Accelex is headquartered in London with offices in Paris, Luxembourg, New York and Toronto. For more information please visit: www.accelextech.com

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Accelex raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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