Acin
Company Insights
Acin, a leading risk management platform, has become an essential tool for organizations aiming to strengthen their risk and control data infrastructure. With a focus on streamlining and standardizing risk control processes, Acin serves a diverse global clientele across financial institutions, insurance companies, and asset managers. By offering a comprehensive risk and control taxonomy, Acin empowers businesses to identify and mitigate risks more effectively.
Founded in 2016 by CEO Paul Ford, Acin was established to address a glaring gap in the risk management sector. With over 20 years of experience in technology and financial services, Paul envisioned a platform that would harness technology to simplify risk control processes. This vision has transformed Acin into a critical tool for businesses managing their risks efficiently.
Acin Funding Rounds History
Acin’s impressive growth is marked by several successful funding rounds. In 2019, the firm raised $2.1 million in seed funding, led by Notion Capital, with participation from Anthemis and Techstars. The company’s innovative approach and rapid expansion attracted investors, leading to an additional $12 million raised in a Series A funding round in 2020. This round featured participation from prominent investment firms like Notion Capital, Fitch Ventures, 10x Group, and CommerzVentures.
In 2021, Acin secured $25 million in a Series B funding round, further solidifying its position as a formidable player in the risk management domain. Led by 83North, the funding round included participation from existing investors such as Notion Capital, Fitch Ventures, and CommerzVentures. These investments fueled Acin’s growth, product enhancement, and global expansion.
Acin Acquisition
Acin’s strategic acquisitions have also played a crucial role in strengthening its market position. In 2022, Acin acquired a leading RegTech startup, integrating its innovative regulatory compliance solutions into Acin’s existing offerings. This move enabled Acin to address a broader array of client needs, reinforcing its reputation as a comprehensive risk management solution.
Acin’s success lies in its data-driven approach. Its proprietary risk and control taxonomy, derived from extensive industry data, allows organizations to identify and manage risks systematically. By providing a robust risk management framework, Acin equips businesses with the tools necessary to navigate complex and uncertain environments.
Acin Partnership
Collaboration is another key component of Acin’s growth. The company has partnered with prominent organizations such as PwC and McKinsey & Company. These partnerships enable Acin to access industry leaders’ expertise, ensuring that its product offerings remain cutting-edge and relevant.
Acin’s ongoing expansion includes a strong presence in key markets worldwide. With offices in London, New York, and Singapore, the company is well-positioned to cater to the diverse needs of its international clientele. This strategic expansion has not only widened Acin’s reach but also facilitated a more comprehensive understanding of unique risk landscapes in various regions.
In summary, Acin has revolutionized the risk management sector with its innovative platform, transforming the way organizations approach risk and control processes. From its inception in 2016 to its current status as an industry leader, Acin’s journey highlights its effectiveness and commitment to addressing risk management challenges across the globe.
Acin Leadership & Teams
Headquarters: Equitable House, 47 King William Street, London, EC4R 9AF
Phone: +44 (0) 203 728 8585
Number of employees: 51-200
Website: www.acin.com