Accern Secures $40M Funding to Accelerate the Future of Industry-Specific NLP Innovation

Accern is excited to announce that it has raised $40 million in its latest funding round, a major milestone that underscores our leadership in natural language processing and our rapid expansion across industries. As the leading NLP company empowering enterprises to develop industry-specific solutions, Accern offers a comprehensive platform designed to accelerate time-to-value, featuring cutting-edge models, data, and chat systems tailored for sectors such as Financial Services, Government, and beyond. This new investment, secured from esteemed institutional investors including Fusion Fund, Tribe Capital, Shasta Ventures, Allianz Strategic Ventures, and Mighty Capital, will enhance our ability to streamline enterprise operations even further. With our user-friendly, no-code workflow complemented by pre-built taxonomies and over 50,000 classification models, we are well-equipped to harness billions of rows of public data to drive operational efficiency for organizations worldwide. Our recent recognition in Gartner®'s 2023 Hype Cycle™ for Data Science, Machine Learning, and Emerging Technologies in Banking, along with accolades from Fast Company as one of the Next Big Things in Tech, is a testament to our commitment to innovation and excellence. Trusted by data teams from global leaders like Capgemini, UniCredit, Interactive Brokers, Mizuho Bank, and Standard Bank, Accern’s solutions are built to scale, making significant waves in the digital transformation landscape. Headquartered in New York, NY, and honored as a Forbes 30 Under 30 company, this funding will further empower our mission to revolutionize how enterprises access, process, and leverage data, paving the way for smarter decision-making in an increasingly data-driven world.