Accelex has raised $15 million (Approx. £12.3M) in the recent Series A funding round. The investment was led by FactSet with participation from existing investors Illuminate Financial, AlbionVC, SixThirty Ventures and Expon Capital.
When it comes to alternative assets, which are also referred to as alternative investments, it is a tough job to get the correct insights because it requires the manual processing of a vast amount of unstructured data. This problem is solved by the startup Accelex. With the power of AI and machine learning, the startup has automated the task of acquiring, extracting, and analyzing the investment data. It helps in accessing the full potential of critical investment performance and transaction data for alternative investors and asset servicers.
The company’s Co-Founders are Franck Vialaron (CEO) and Michael Aldridge (President & CRO), and it is headquartered in London, England, United Kingdom.
