# Acelerate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acelerate

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.acelerate.io
- Total disclosed funding: $14M
- Latest round: Series A (Jul 14, 2021)
- Investors on record: 1

## About

Acelerate, Inc. provides innovative software solutions aimed at enhancing operational efficiency through advanced data analytics, helping businesses across various sectors optimize their decision-making processes.Founded in 2019, Acelerate, Inc. is based in Los Angeles, US, specializing in software solutions for business operational efficiency. George Jacobs serves as both the CEO and Founder, and the company raised USD 14.44 mn in Series A funding led by Sequoia Capital on July 14, 2021. This funding will support employee hiring and product development efforts.Acelerate.io specializes in providing innovative software solutions that enhance operational efficiency for businesses across various sectors. Their flagship product, an advanced data analytics platform, enables organizations to derive actionable insights from vast amounts of data, addressing critical challenges in decision-making processes. Released in 2021, this platform serves a diverse clientele, including enterprises in finance, healthcare, and logistics, catering to data analysts and business executives seeking to optimize performance and drive strategic initiatives. The solutions are designed to streamline workflows and improve productivity, with a focus on North America and Europe, where demand for data-driven decision-making tools is rapidly growing.Acelerate.io generates revenue primarily through a subscription-based model, offering tiered pricing plans to cater to various business sizes and needs. This structure allows clients to choose from different service levels, providing access to their data analytics platform along with ongoing support and updates. Transactions typically involve annual or monthly subscriptions, enabling businesses to benefit from a scalable approach that aligns with their growth. The company also engages in strategic partnerships with other tech firms to enhance its product offerings, solidifying its presence in the B2B market.Acelerate, Inc. plans to utilize the USD 14.44 mn raised in Series A funding to hire more employees and further develop their data analytics platform. The company is working on designing new products aimed at broadening their service portfolio. They intend to expand into new geographic markets, specifically targeting opportunities in Asia and South America by 2023 to leverage the growing demand for data-driven solutions. These initiatives are part of Acelerate, Inc.'s strategy to enhance their operational capabilities and market reach.

## Funding rounds

- Series A, Jul 14, 2021, $14M — Hong Shan

## Investors

- Hong Shan — Series A