Accern, a New York-based NoCode NLP platform for AI breakthroughs, announced the close of its $20 million Series B funding.
The round was co-led by Mighty Capital and Fusion Fund, alongside Tribe Capital, Viaduct Ventures, Shasta Ventures, and Gaingels.
With this funding, Accern will scale sales and marketing to empower more citizen data scientists.
Company: ACCERN CORPORATION
Raised: $20.0M
Round: Series B
Funding Month: May 2022
Lead Investors: Mighty Capital and Fusion Fund
Additional Investors: Tribe Capital, Viaduct Ventures, Shasta Ventures, and Gaingels
Company Website: https://accern.com/
Software Category: NoCode NLP Platform
About the Company: Accern provides a NoCode NLP Platform that empowers domain experts and business analysts to extract the most accurate insights from massive streams of unstructured data—news, social media, industry reports, and internal documents—within minutes. Accern offers pre-built AI/ML/NLP solutions to minimize time to value and maximize ROI for equity research, credit risk, M&A activity, ESG performance, insurance claims, fraud prevention, sanctions monitoring, and more. Recognized as the first NoCode NLP platform and industry leader with the highest accuracy scores, Accern also enables data scientists to customize end-to-end AI/ML/NLP workflows with BYO datasets, taxonomies, models, and pre-integrated dashboards and DSML platforms. In production at companies like Allianz, William Blair, and Mizuho Bank, Accern accelerates innovation by enhancing existing models and enriching BI dashboards.
Source: https://www.prnewswire.com/news-releases/accern-raises-20m-series-b-round-to-accelerate-access-to-nocode-natural-language-processing-for-citizen-data-scientists-301535849.html