What Does Accern Do?

    Learn about what Accern does, their NLP solutions, industry focus, and key company information.

    What Does Accern Do?

    Name: Accern

    Headquarters: New York, United States

    Employees: 51-200

    Accern is an enterprise natural language processing (NLP) software company that provides a comprehensive platform for developing industry-specific NLP solutions. Accern enables organizations to build and deploy NLP models, access billions of rows of public data, and leverage pre-built taxonomies and over 50,000 classification models—all through a streamlined no-code workflow.

    Accern’s platform is designed for use cases across multiple industries, with a strong presence in Financial Services and Government. Their tools help organizations accelerate time-to-value on AI initiatives by simplifying the creation and deployment of NLP models for categorizing, analyzing, and extracting insights from unstructured text data. Features like industry-specific taxonomies and a no-code environment allow data teams to quickly operationalize solutions without extensive custom engineering.

    The company’s differentiation lies in its scalability, ease of use, and extensive library of models and data, enabling both technical and non-technical teams to improve operational efficiency and decision-making. Accern’s impact and innovation in AI and NLP have been recognized by Gartner in the 2023 Hype Cycle for Data Science, Machine Learning, and Emerging Technologies in Banking, and by Fast Company as one of the Next Big Things in Tech.

    Who Uses Accern?

    Accern is trusted by global organizations and elite data teams, particularly in sectors where rapidly processing and analyzing large volumes of textual data is mission-critical. Notable customers include Capgemini, UniCredit, Interactive Brokers, Mizuho Bank, Standard Bank, and Next Alpha. Their solutions are used to drive efficiencies in research, compliance, risk monitoring, and customer insights.

    How Was Accern Started?

    Accern was founded in New York, NY by Kumesh Aroomoogan (Co-founder & CEO) and Anshul Vikram Pandey (Co-founder & CTO), alongside a founding team with deep expertise in product, technology, and customer success. The broader leadership team includes Dr. Cristian Felix (Chief Product Officer) and Mitesh Kapadia (Chief Customer Officer), with support from investors and advisors experienced in technology, venture capital, and AI-driven businesses.

    Industry Recognition and Growth

    Accern has raised $40M from institutional investors such as Fusion Fund, Tribe Capital, Shasta Ventures, Allianz Strategic Ventures, and Mighty Capital. The company is also recognized as a Forbes 30 Under 30 company, reflecting both its innovation and influence in the AI software sector. For more about Accern’s leadership and story, visit their About page.

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