Accelex Raises $15 Million in Series A

by Kay Aloha Villamor in November 3rd, 2023

Accelex, a London, UK-based company specializing in AI automation for private markets data acquisition, reporting, and analytics, raised $15 million in Series A funding. 

SaaS Investors

The round was led by FactSet, with participation from existing investors including Illuminate Financial, AlbionVC, SixThirty Ventures, and Expon Capital. 

FactSet is a global financial digital platform and enterprise solutions provider. It helps the financial community to see more, think bigger, and work better. Its digital platform and enterprise solutions deliver financial data, analytics, and open technology to nearly 8,000 global clients, including almost 190,000 individual users. 

Accelex Use of Funds

The funds will support Accelex's continued growth, enhance product capabilities, and strengthen its relationship with FactSet. 

About Accelex

Founded in 2018, Accelex provides data acquisition, analytics, and reporting solutions for alternative investors and asset servicers, enabling firms to access the full potential of critical investment performance and transactional data. Powered by proprietary artificial intelligence and machine learning techniques, Accelex automates processes for the extraction, analysis, and sharing of difficult-to-access unstructured data. Headquartered in London, with offices in Paris, Luxembourg, New York and Toronto.  

Funding Details

Company: Accelex Technology Limited

Raised: $15.0M

Round: Series A

Funding Month: November 2023

Lead Investors: FactSet

Additional Investors: Illuminate Financial, AlbionVC, SixThirty Ventures, and Expon Capital

Company Website:

Software Category: Data Acquisition, Analytics, and Reporting Solutions 



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