Accern

Overview
News
Capital Markets Tech?
Natural Language Processing Tools?
Alternative Data?
Product stageSegments
Early
?
Market intelligence platforms
?

Accern is a leading no-code natural language processing (NLP) platform for the financial services industry. Its AI/ML/NLP-powered solution enables domain experts and business analysts to extract accurate insights from unstructured data sources like news, social media, industry reports, and internal documents within minutes. Accern's platform includes pre-assembled datasets, pre-built taxonomies covering over 60,000 companies and 250 themes, over 250 pre-trained human-grade ML/NLP models, and pre-integrated dashboards. This empowers users to rapidly deploy end-to-end AI/ML/NLP workflows, delivering high-impact insights for equity research, credit risk analysis, M&A activity monitoring, ESG performance tracking, insurance claims processing, fraud prevention, market intelligence, and sanctions monitoring, among other use cases. In addition to providing access to pre-trained models, Accern enables users to customize their workflows by incorporating their own documents, entities, themes, models, and downstream integrations.

Key customers and partnerships

In February 2022, Accern announced a strategic partnership with LPA, a software and consulting firm focused on capital markets technology. This alliance aimed to drive AI-powered investment research adoption among clients in North America, Europe, and Asia by combining LPA's capital markets expertise with Accern's NLP platform.

In March 2024, Accern secured a strategic partnership with Eagle Point Funding, a leading consultancy specializing in securing US Government contracts for advanced technology ventures. This collaboration focused on enhancing national defense, security, and public service efficiency through Accern's NLP capabilities for applications like security surveillance, fraud detection, crisis response, policy analysis, and environmental monitoring. As part of the partnership, Accern secured commitments worth up to USD 1 million for US Federal Government contracts, with the potential to expand by an additional USD 3 million over 18 months.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
250 Greenwich Street 7 World Trade Center New York NY USA
Founded year:
2014
Employees:
51-100
IPO status:
Private
Total funding:
USD 37.8 mn
Last Funding:
USD 23.0 mn (Series B; May 2022)
Last valuation:
USD 13.3 mn (May 2017)
Key competitors
 
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