# Acin

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

- Industry: Software
- Headquarters: London, UK
- Website: www.acin.com
- Total disclosed funding: $36M
- Latest round: Series B (Dec 9, 2022)
- Investors on record: 8

## About

Acin Ltd., based in the UK, specializes in providing a data-driven platform for operational risk management, enhancing analysis, regulatory dialogue, and compliance for clients in the financial sector.Founded in 2018 in London, UK, Acin Ltd. focuses on operational risk management solutions. The company has raised a total of USD 24.23 mn, including a Series B funding round on December 9, 2022, with key investors such as Citigroup and Barclays Bank. The firm has completed two deals to date and has not undergone any notable pivots in its business strategy. Acin operates independently without known subsidiaries or parent companies.Acin provides a comprehensive suite of products aimed at optimizing operational risk management for financial services. Their platform aggregates and normalizes risk control data, offering clients insights and benchmarks against industry standards. With a focus on collaboration, Acin helps clients enhance their risk frameworks and compliance with regulations, primarily serving banks and financial institutions globally, including regions across Europe, North America, and Asia-Pacific.In the most recent fiscal year, Acin reported revenues of USD 3,994,172.70. The company operates under a subscription-based model, primarily engaging B2B clients with annual contracts for its risk management platform. Acin's partnerships with major financial institutions ensure steady revenue streams as clients leverage the firm's technology for effective operational risk management.Following its Series B funding round in December 2022, where Acin raised USD 24.23 mn, the company plans to utilize these resources to enhance product development and expand into new markets. Specific growth initiatives include the design and launch of new products aimed at improving risk management capabilities. The company is targeting expansion into additional geographic regions to broaden its client base and enhance its market presence.

## Funding rounds

- Series B, Dec 9, 2022, $24M — Barclays Bank, Lloyds Banking Group, Citigroup, JP Morgan Asset Management, Notion Capital, Talis Capital, Fitch Group, BNP Paribas
- Series A, Aug 28, 2020, $12M — Notion Capital, Talis Capital, Fitch Group

## Investors

- Notion Capital (https://capitalatlas.ai/funds/notion-capital) — Series A, Series B
- Talis Capital (https://capitalatlas.ai/funds/talis-capital) — Series A, Series B
- Fitch Group — Series A, Series B
- Barclays Bank — Series B
- Lloyds Banking Group — Series B
- Citigroup — Series B
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series B
- BNP Paribas — Series B