AccuDraft
Latest round
- Series A
Last raised
- Dec 2006
Total raised
- $0.7M
Investors
- 1
About AccuDraft
AccuDraft Inc.Founded in 1992 and headquartered in Lake Mary, US, AccuDraft Inc. focuses on retirement document automation. The company has undergone strategic pivots to enhance its service offerings, notably by providing full-service document creation alongside its self-serve platform.AccuDraft specializes in the creation and automation of high-quality retirement plan documents, leveraging advanced technology to cater to a diverse clientele ranging from solo practitioners to large financial institutions. The company offers a robust online self-serve document creation system that enables users to generate a comprehensive suite of qualified and specialty plans efficiently. Additionally, AccuDraft provides full-service document creation for clients who prefer to outsource this task to experienced ERISA professionals, alongside consulting services that encompass plan audits and custom Summary Plan Document (SPD) drafting. Their solutions empower users through document workflow collaboration, bulk creation services, and data integration capabilities, ensuring streamlined operations for plan administrators and financial institutions alike.AccuDraft generates revenue through a model that combines service fees for document creation and consulting with subscription-based access to their document automation platform. Client transactions typically involve purchasing predefined document creation packages or utilizing the full-service creation options, wherein clients engage with the company’s ERISA experts for tailored solutions. The pricing structure accommodates various client needs, reflecting different service tiers such as small-volume pre-paid programs for accounting and financial advisory clients, as well as comprehensive solutions for larger financial institutions. This transactional framework supports both B2B engagements and direct service provision, facilitating a seamless workflow for the generation of retirement plan documents.AccuDraft Inc. is focused on enhancing its product offerings and expanding its market reach. The company is currently designing new features for its automation platform to be released in the upcoming quarters. As part of its growth strategy, AccuDraft plans to enter additional geographic markets within the United States, targeting regions with high concentrations of financial institutions by the end of the next fiscal year.65 mn will be utilized to support these development initiatives and bolster their market presence.
Who invested in AccuDraft
1 investor across 1 round
See all investors in AccuDraft
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
Dec 1, 2006
Amount
$0.7M
Investors
Questions about AccuDraft
Who invested in AccuDraft?
AccuDraft has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AccuDraft raised?
AccuDraft has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did AccuDraft last raise money?
AccuDraft's most recent round on record is a Series A, in Dec 2006.
What does AccuDraft do?
AccuDraft is a software company.
Where is AccuDraft headquartered?
AccuDraft is headquartered in Lake Mary, US.
Which VCs invest in companies like AccuDraft?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at AccuDraft's stage. Their profiles are linked below.
VCs backing software startups at Series A
Raising like AccuDraft? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.