Accern

Founded: 2014
Founder: Kumesh Aroomoogan, Anshul Vikram Pandey
Headquarters: 55 Broadway Ste 416, New York City, New York, 10006, USA
Phone: 347-745-6649
Number of employees: 50
Website: www.accern.com

Overview

Accern is a leading artificial intelligence (AI) and natural language processing (NLP) software company that provides real-time business intelligence solutions to financial services, healthcare, and news organizations. Founded in 2014 by Kumesh Aroomoogan and Anshul Vikram Pandey, Accern has its headquarters in New York City and offices in Chennai, India.

Accern’s founders developed the company’s platform to automate and streamline the process of analyzing and extracting insights from unstructured data sources, such as news articles, social media posts, and regulatory filings. Accern’s proprietary technology uses AI and NLP to gather data, classify it, and extract insights to provide customers with real-time business intelligence.

Accern has raised $22.6 million in funding since its inception, with the most recent funding round in August 2020, led by Fusion Fund, with participation from other investors, including Allianz Life Ventures, WorldQuant Ventures, and Viaduct Ventures. The company’s previous funding rounds were led by investors such as Tribeca Angels, OCA Ventures, and Spruce Capital Partners.

Accern’s platform has been used by top-tier financial institutions, including JP Morgan Chase, Wells Fargo, and Credit Suisse, to extract insights from millions of news articles and social media posts. The platform can be customized to meet specific customer needs, with features such as real-time monitoring, risk management, and predictive analytics.

In 2017, Accern acquired its competitor, Xelerate LLC, to expand its market share and strengthen its position as a leader in the AI and NLP software industry. The acquisition also enabled Accern to offer its customers a broader range of services, including risk management and portfolio analysis.

Accern has also been recognized for its innovation and excellence in the AI and NLP industry. In 2019, Accern was named as one of the “Top 10 Artificial Intelligence Companies to Watch” by Analytics Insight, a leading publication in the technology industry. In 2020, Accern was listed as one of the “Top 25 Machine Learning Companies to Watch in 2020” by Forbes.

Accern’s commitment to innovation and customer satisfaction has enabled the company to maintain a competitive edge in the AI and NLP software industry. The company has also received positive feedback from its customers, with many citing Accern’s platform as a critical tool for improving their decision-making processes.

In conclusion, Accern is a rapidly growing AI and NLP software company that provides real-time business intelligence solutions to financial services, healthcare, and news organizations. The company’s founders developed a proprietary technology that uses AI and NLP to gather data, classify it, and extract insights to provide customers with real-time business intelligence. Accern has raised $22.6 million in funding since its inception, with the most recent funding round in August 2020. The company has also been recognized for its innovation and excellence in the AI and NLP industry, and its commitment to customer satisfaction has enabled it to maintain a competitive edge in the industry.

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