# Akkurate

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

- Industry: Consumer Services
- Headquarters: Finland
- Website: www.akkurate.fi
- Latest round: Seed (Dec 4, 2016)
- Investors on record: 1

## About

Akkurate Oy is a Finnish technology company specializing in innovative software solutions aimed at optimizing performance in various sectors, with a strong emphasis on data analytics and intelligent decision-making.Akkurate Oy was founded in 2016 in Finland, focusing on developing advanced data analytics solutions. The company was acquired by Sandvik AB in June 2022, although financial terms of the deal remain undisclosed. The founders include Jari Koskinen, Kimmo Valo, and Mika Kanninen, with Mika Kanninen currently serving as CEO. There are no known pivots or subsidiaries associated with the company.Akkurate Oy provides a range of software products designed to enhance operational efficiency through data-driven insights. Their offerings include analytics platforms that integrate with existing business systems, enabling clients to make informed decisions based on real-time data. The company serves multiple industries, aiming to streamline processes and improve overall performance.In the most recent financial year of 2023, Akkurate Oy reported a revenue of EUR 704,727 with an EBITDA of EUR -22,155.4, indicating a focus on investment in growth and development despite the current financial performance.Looking ahead, Akkurate Oy plans to leverage recent funding of EUR 1.2 mn obtained in a round led by Lifeline Ventures, Tesi, and Valkea to introduce new analytics products by mid-2023. The funding will support expansion into European markets, particularly targeting Germany and France by the end of 2024, aiming to enhance their service offerings and reach a broader client base.

## Funding rounds

- Seed, Dec 4, 2016 — Lifeline Ventures

## Investors

- Lifeline Ventures (https://capitalatlas.ai/funds/lifeline-ventures) — Seed