About Accela
Accela is a company based in Beverly (United States) founded in 2006 was acquired by Accela in June 2014. It operates as a SaaS (Software-as-a-Service), and Professional Services. Accela has raised $4.1 million across 1 funding round from investors including Accela, Borealis Ventures and Egan-Managed Capital. Accela offers products and services including Civic Platform, Building Permitting, and Business Licensing. Accela operates in a competitive market with competitors including Cityworks, MediaValet, Uptick, Vermont Systems and Cartegraph, among others.
- Headquarter Beverly, United States
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Sectors
Government & Social Sector
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Phone
*********
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Website
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Social
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- Legal Name Accela, Inc.
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Products & Services of Accela
Accela offers a comprehensive portfolio of products and services, including Civic Platform, Building Permitting, and Business Licensing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud platform for eliminating silos and innovating services.
Automates building permitting processes for agency visibility.
Streamlines licensing with automated workflows for businesses.
Funding Insights of Accela
Accela has successfully raised a total of $4.1M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.1 million completed in November 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $4.1M
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First Round
First Round
(05 Nov 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2010 | Amount | Series A - Accela | Valuation | Borealis Ventures , Egan-Managed Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Accela
Accela has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Accela, Borealis Ventures and Egan-Managed Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in seed & series A startups
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Family office investing in early-stage startups
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Founded Year | Domain | Location | |
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Seed and early-stage investments in US tech sectors are made.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Accela
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Accela
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accela Comparisons
Competitors of Accela
Accela operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cityworks, MediaValet, Uptick, Vermont Systems and Cartegraph, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
GIS-centric asset management software is offered for government agencies.
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| domain | founded_year | HQ Location |
Cloud-based digital asset management software is developed and delivered.
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| domain | founded_year | HQ Location |
Asset management and compliance solutions for commercial spaces are built.
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| domain | founded_year | HQ Location |
Recreation management software is delivered for municipal operations.
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| domain | founded_year | HQ Location |
Operation management systems are offered for assets, work, and resources.
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| domain | founded_year | HQ Location |
Cloud-based software for cemetery, crematory, and funeral management is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Accela
When was Accela founded?
Accela was founded in 2006 and raised its 1st funding round 4 years after it was founded.
Where is Accela located?
Accela is headquartered in Beverly, United States. It is registered at Beverly, Massachusetts, United States.
Is Accela a funded company?
Accela is a funded company, having raised a total of $4.1M across 1 funding round to date. The company's 1st funding round was a Series A of $4.1M, raised on Nov 05, 2010.
What does Accela do?
Government software and services are delivered by Accela to state and local agencies. Solutions are focused on building communities, growing businesses, and protecting citizens through cloud-based civic applications. Sectors served include city, county, and state governments with offerings like building permitting, business licensing, and environmental health management. A scalable platform is provided to eliminate data silos, enhance efficiency, and improve resident experiences. Training, support, and professional services are also offered to ensure rapid implementation and ongoing optimization for government clients.
Who are the top competitors of Accela?
Accela's top competitors include Uptick, PlotBox and Concerto Support.
What products or services does Accela offer?
Accela offers Civic Platform, Building Permitting, and Business Licensing.
Who are Accela's investors?
Accela has 4 investors. Key investors include Accela, Borealis Ventures, Egan-Managed Capital, and PJC.
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