4 years ago
Accelex Raises £3.5 Million to Automate Data Analysis for Alternative Investors
London-based startup Accelex has raised £3.5 million in seed funding to accelerate its global growth
The round was led by Illuminate Financial and AlbionVC, with participation from Expon Capital and SixThirty Ventures
Accelex provides data acquisition, analytics, and reporting solutions for alternative investors and asset servicers
The company will use the funding for product development, client acquisition, and support.
ProblemFinancial Services
"Alternative investors and asset servicers struggle to access and analyze data from unstructured documents, hindering their ability to make informed investment decisions."
Solution
"Accelex provides a data acquisition, analytics, and reporting platform that automates the extraction, analysis, and sharing of unstructured data from documents, enabling investors to gain insights and make better investment decisions."