Accela
Latest round
- Series E
Last raised
- Feb 2015
Total raised
- $224M
Investors
- 6
About Accela
Accela, Inc.Founded in 1999 and headquartered in San Ramon, US, Accela, Inc. focuses on providing innovative software solutions for government operations. The firm has undergone significant strategic shifts since its inception, with its most recent pivot being its acquisition by Francisco Partners from Berkshire Partners in September 2023. The company was co-founded by Elie Chahine and Ho Sit, who had prior experience in technology ventures.Accela specializes in cloud-based software solutions for government agencies, offering a range of civic applications that automate workflows related to building permits, business licensing, code enforcement, and community development.Accela generates revenue primarily through subscription-based models tailored to the specific needs of government agencies. Clients typically engage in multi-year contracts for access to Accela's suite of applications, focusing on a B2B model designed to streamline governmental processes. The company is focusing on developing new software solutions that cater specifically to government needs. Future expansion plans include targeting additional geographic regions, although specific timelines have yet to be detailed.
Who invested in Accela
6 investors across 2 rounds
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Questions about Accela
Who invested in Accela?
Accela has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Accela raised?
Accela has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Accela last raise money?
Accela's most recent round on record is a Series E, in Feb 2015.
What does Accela do?
Accela is a software company.
Where is Accela headquartered?
Accela is headquartered in San Ramon, US.
Which VCs invest in companies like Accela?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Accela's stage. Their profiles are linked below.
VCs backing software startups at Series E
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