Accurence

Westminster, United States Founded: 2005 • Age: 21 yrs Acquired By Next Gear Solutions
Onsite inspections for property insurance claims are automated by Accurence.
Annual revenue - Latest available
Total funding $4.5M 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Accurence

Accurence is a company based in Westminster (United States) founded in 2005 was acquired by Next Gear Solutions in September 2019. Accurence has raised $4.49 million across 3 funding rounds from investors including Next Gear Solutions. Accurence operates in a competitive market with competitors including Klaim, NovaData Solutions, Seek Now, ClaimDeck and Yarowa, among others.

  • Headquarter Westminster, United States
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Accurence, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.49 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.4 M (USD), Series A

    Apr 14, 2014

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Next Gear Solutions

    (Sep 05, 2019)

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Funding Insights of Accurence

Accurence has successfully raised a total of $4.49M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.4 million completed in April 2014. 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.

Investors in Accurence

Accurence has secured backing from 1 investor. Prominent investors backing the company include Next Gear Solutions.

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Investor Description Founded Year Domain Location
Web-based job management tools are supplied to restoration contractors.
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Investor details for Accurence

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Investments & Acquisitions by Accurence

Investments
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Investment portfolio details for Accurence

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Financial Statements - Accurence

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Detailed financials for Accurence

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Accurence Comparisons

Accurence Primary company
Description
Onsite inspections for property insurance claims are automat...
Location
Westminster, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Accurence

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Competitors of Accurence

Accurence 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 Klaim, NovaData Solutions, Seek Now, ClaimDeck and Yarowa, among others.

Company Name Domain Founded year HQ Location Description
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AI-based claims management software is offered to healthcare professionals.
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Automated invoice review and processing for property claims is facilitated.
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Provider of photography, VR floor planning, AI, and interior inspection services
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Litigation management software for insurance claims processing and analytics
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Vendors and solutions are aggregated via Yarowa's digital transaction platform.
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Detailed competitors of Accurence

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Latest news on Accurence

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Complete news archive for Accurence

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Frequently Asked Questions about Accurence

Accurence was founded in 2005 and raised its 1st funding round 6 years after it was founded.

Accurence is headquartered in Westminster, United States.

Accurence is a funded company, having raised a total of $4.49M across 3 funding rounds to date.

Accurence was founded in 2005 in Westminster, United States, as a software-as-a-service provider in the property insurance sector. Onsite inspection and scope automation for wind and hail claims are facilitated through mobile devices and a private cloud-based rules engine. Two products are offered: SettleAssist for insurance carriers and adjusters, and ScopeAssist for roofing contractors. Data from inspections is transmitted wirelessly to the engine for automated processing within 90 seconds.

Accurence's top competitors include Klaim, Seek Now and NovaData Solutions.

Accurence has 1 investor. Key investors include Next Gear Solutions.

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