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."

      Covered on