About Acre
Acre is a company based in London (United Kingdom) founded in 2018. It operates as a SaaS (Software-as-a-Service), and Pay-per-Use / Usage-Based. Acre has raised $14.54 million across 2 funding rounds from investors including Aviva, Founders Factory and Sesame Bankhall Group. The company has 27 employees as of December 31, 2021. Acre offers products and services including Acre Mortgage & Protection Platform, Acre Client Portal, and Acre Management Tools. Acre operates in a competitive market with competitors including SimpleNexus, Cloudvirga, Vesta, BlueSage and Lender Price, among others.
- Headquarter London, United Kingdom
- Employees 27 as on 31 Dec, 2021
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Acre Platforms Limited
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$14.54 M (USD)
in 2 rounds
-
Latest Funding Round
$8.03 M (USD), Series B
Apr 04, 2023
-
Investors
Aviva
& 2 more
-
Employee Count
27
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Acre
Acre offers a comprehensive portfolio of products and services, including Acre Mortgage & Protection Platform, Acre Client Portal, and Acre Management Tools. 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.
Platform streamlines mortgage and protection processes for intermediaries.
Portal enhances client experience with digital mortgage tools.
Tools provide dashboards and reports for brokerage management.
Unlock access to complete
Funding Insights of Acre
Acre has successfully raised a total of $14.54M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.03 million completed in April 2023. 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 2
- Last Round Series B — $8.0M
-
First Round
First Round
(02 Apr 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series B - Acre | Valuation | Founders Factory | |
| Apr, 2019 | Amount | Series A - Acre | Valuation | Aviva , Sesame Bankhall Group |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Acre
Acre has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Aviva, Founders Factory and Sesame Bankhall Group. 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 |
|---|---|---|---|---|
|
Startup studio focused on fintech, telecoms, and multiple sectors
|
Founded Year | Domain | Location | |
|
Insurance and asset management services are offered in multiple regions.
|
Founded Year | Domain | Location | |
|
Financial advisory and mortgage support services in the United Kingdom.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Acre
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Acre
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acre Comparisons
Competitors of Acre
Acre 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 SimpleNexus, Cloudvirga, Vesta, BlueSage and Lender Price, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Loan life cycle management platforms are developed for mortgage lenders.
|
|
| domain | founded_year | HQ Location |
Cloud-based automation of mortgage lending processes is provided.
|
|
| domain | founded_year | HQ Location |
Pillow and duvet cover products are provided by Vesta brand.
|
|
| domain | founded_year | HQ Location |
Cloud-based mortgage origination and customer engagement solutions are provided.
|
|
| domain | founded_year | HQ Location |
Competitive analytics and pricing are offered for the mortgage sector.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Acre
Frequently Asked Questions about Acre
When was Acre founded?
Acre was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Acre located?
Acre is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Acre a funded company?
Acre is a funded company, having raised a total of $14.54M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.51M, raised on Apr 02, 2019.
How many employees does Acre have?
As of Dec 31, 2021, the latest employee count at Acre is 27.
What does Acre do?
Acre is established as a comprehensive software platform designed for mortgage and protection intermediaries. Operations are streamlined through a single system catering to brokers, clients, managers, admins, and compliance officers. Solutions include efficient case management, automated suitability reports, integrated sourcing engines, and client portals. The platform serves the financial services sector, specifically targeting mortgage brokerage efficiency and compliance with regulatory standards. Growth is supported by reducing administrative burdens and enhancing client relationships through digital tools.
Who are the top competitors of Acre?
Acre's top competitors include Cloudvirga, Floify and SimpleNexus.
What products or services does Acre offer?
Acre offers Acre Mortgage & Protection Platform, Acre Client Portal, and Acre Management Tools.
Who are Acre's investors?
Acre has 3 investors. Key investors include Aviva, Founders Factory, and Sesame Bankhall Group.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.