USA – Accern, a NYC-based NoCode NLP platform for AI breakthroughs, closed its $20m Series B funding round.
The round was co-led by Mighty Capital and Fusion Fund, with participation from Tribe Capital, Viaduct Ventures, Shasta Ventures and Gaingels. The company intends to use the funds to scale sales and marketing.Led by Kumesh Aroomoogan, co-founder and CEO, and Anshul Vikram Pandey, Ph.D., co-founder and CTO, Accern provides a NoCode NLP Platform that empowers domain experts and business analysts to extract the 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.It 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. It is in production at companies like Allianz, William Blair and Mizuho Bank.02/05/2022
