Accelex secures £3.5m in seed funding co-led by Illuminate Financial and AlbionVC to drive global growth
Illuminate Financial and AlbionVC co-led the seed round to support product development and client acquisition.
Accelex provides data acquisition, analytics, and reporting solutions tailored for private markets investors and asset servicers. The platform automates complex document extraction workflows to unlock actionable investment insights.
London-based data analytics firm Accelex has secured £3.5m in seed funding to accelerate its international expansion and product development. The round was co-led by specialist investors Illuminate Financial and AlbionVC, with additional participation coming from Expon Capital and SixThirty Ventures.
The capital injection follows a strong first year of operations for the platform, which currently supports a global client base overseeing more than $300bn in assets. Representatives from both Illuminate Financial and AlbionVC will take seats on the company board as part of the transaction.
Founded to address the operational bottlenecks inherent in alternative asset management, Accelex automates the extraction and analysis of data locked within unstructured documents. The new funds will allow the firm to scale its client acquisition efforts and deepen its technological capabilities.
From the founder
"We are delighted to welcome Illuminate Financial, AlbionVC, Expon and SixThirty to the Accelex family and are confident that their contribution will be key to the firm’s positive trajectory"
Franck Vialaron
CEO at Accelex
Investor perspective
"We are excited to lead a strong syndicate of investors backing this outstanding team as they continue to build out a world-class organization."
Mark Beeston
Managing Partner, Illuminate Financial
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Accelex
Accelex delivers data acquisition, analytics, and reporting solutions for private markets investors.