Accelo

Founded: 2011
Founder: Geoff McQueen
Headquarters: 530 Howard St Ste 200, San Francisco, California, 94105 USA
Phone: 415-963-4299
Number of employees: 100
Website: www.accelo.com

Overview

Accelo is a cloud-based business automation software company that offers a wide range of tools designed to help businesses automate their workflows and increase efficiency. The company was founded in 2011 in San Francisco, California, by Geoff McQueen, a technology entrepreneur with a background in software engineering.

Accelo was initially created as a project management tool for web development agencies, but the company quickly expanded its offerings to include tools for customer relationship management (CRM), sales automation, invoicing, and more. Today, Accelo’s platform is used by businesses in a variety of industries, including marketing, IT services, consulting, and more.

The company has raised a total of $12.7 million in funding across four rounds. The first round, in 2012, raised $2 million from a group of investors including Winklevoss Capital and Blackbird Ventures. The second round, in 2014, raised $4.2 million from various investors, including Citrix Startup Accelerator and Firemark Investments. The third round, in 2016, raised $9 million from investors including Allure Ventures, Fathom Capital, and private individuals. The most recent round, in 2018, raised $9.5 million from GroTech Ventures and other investors.

Accelo has not made any significant acquisitions to date, but the company has made several partnerships with other software providers to expand its offerings. In 2016, the company partnered with Xero, a cloud-based accounting software provider, to integrate its project management and CRM tools with Xero’s invoicing and accounting tools. In 2018, the company partnered with ConnectWise, a provider of business management software for technology companies, to integrate its CRM and project management tools with ConnectWise’s PSA software.

In terms of company growth, Accelo has experienced steady growth since its founding in 2011. The company has reported an average year-over-year growth rate of 60% since 2016, the company has over 1,000 customers in 25 countries.

Overall, Accelo is a rapidly growing company that offers a wide range of business automation tools designed to help businesses increase efficiency and streamline their workflows. With a strong focus on customer satisfaction and a commitment to continual improvement, Accelo is well-positioned to continue its growth trajectory and become a leading provider of business automation software in the years to come.

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