# Accion Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/accion-labs

- Industry: Software
- Headquarters: Bridgeville, US
- Website: www.accionlabs.com
- Latest round: Series A (Feb 1, 2011)
- Investors on record: 1

## About

Accion Labs, Inc. is a technology solutions provider based in the US, specializing in digital transformation services that enhance operational efficiency across various industries.Founded in 2011 in Bridgeville, US, Accion Labs focuses on delivering technology-driven solutions. The company was co-founded by Ca Kumar, Sandesh Sukumaran, and Tony Kernan, and is currently led by CEO Kinesh Doshi. Accion Labs has completed 4 deals, with its most recent deal on September 27, 2022, involving a Secondary Buyout of USD 93.00 mn from Basil Technology Partners and TA Associates, raising a total of USD 93.00 mn. The company has not undergone notable pivots or mergers since its inception.Accion Labs specializes in comprehensive technology-driven solutions tailored for digital transformation, including Product Engineering, Cloud Services, and Automation Services. Their product engineering services cover full-stack development and experience design suitable for sectors such as Retail, FinTech, Healthcare, and Media. Additionally, they offer cloud computing solutions and expert cloud management services, facilitating modern cloud infrastructure adoption. Their Automation Services integrate innovative technologies to enhance productivity across their diverse clientele globally, including markets in North America, Europe, and Asia-Pacific.Accion Labs generates revenue through a structured B2B model, emphasizing partnerships and consulting services. Clients typically engage in long-term contracts and project-based agreements, with payments structured around subscriptions or project fees. The firm’s revenue derives from both one-time projects and ongoing service agreements, ensuring continuous support and addressing the evolving needs of businesses worldwide.Following the recent investment in September 2022, Accion Labs plans to utilize the USD 93.00 mn funding to expand its presence in the digital engineering space. The company aims to introduce new products designed for enhanced operational efficiency by the end of 2023, while also targeting expansion into new geographic markets, specifically in Europe and Asia-Pacific, to tap into emerging opportunities and client needs.

## Funding rounds

- Series A, Feb 1, 2011 — Basil Technology Partners

## Investors

- Basil Technology Partners (https://capitalatlas.ai/funds/basil-technology-partners) — Series A