Tech Company Financing Transactions
Accend Technology Funding Round
Accend Technology, based in San Mateo, secured $3.2 million from Adverb Ventures, 645 Ventures and General Catalyst.
Transaction Overview
Company Name
Announced On
7/9/2024
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
338 S Fremont St 204
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Undisclosed
Website
Email Address
Overview
Accend's mission is to empower financial institutions by streamlining business onboarding and enhancing compliance through automation of risk assessment and data extraction. Our AI-driven solutions deliver deep insights and detailed audit trails, accelerating decision-making and ensuring regulatory compliance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Pranjal Daga
Co-Founder
Yutong Pei
Co-Founder
Joseph Zhou
Browse more venture capital transactions:
Prev: 7/9/2024: Volley venture capital transaction
Next: 7/9/2024: Sanctuary AI venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs