About Acrecent
Acrecent is a company based in Guaynabo (United States) founded in 2003 was acquired by Sygnus in December 2021.. Acrecent has raised $10 million across 1 funding round from investors including Sygnus Group and Darby Overseas Investments. The company has 19 employees as of December 31, 2022.
- Headquarter Guaynabo, United States
- Employees 19 as on 31 Dec, 2022
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Maine Potato Growers, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series B
Jan 02, 2014
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Investors
Sygnus Group
& 1 more
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Employee Count
19
as on Dec 31, 2022
- Acquired by
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Funding Insights of Acrecent
Acrecent has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series B round of $10 million completed in January 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $10.0M
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First Round
First Round
(02 Jan 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2014 | Amount | Series B - Acrecent | Valuation |
investors |
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| 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 |
Investors in Acrecent
Acrecent has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Sygnus Group and Darby Overseas Investments. 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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Private equity and infrastructure funds are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Sygnus Group is recognized as a leading alternative investment platform in the Caribbean.
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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 Acrecent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Acrecent
| 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 |
Acrecent Comparisons
Competitors of Acrecent
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Acrecent
When was Acrecent founded?
Acrecent was founded in 2003 and raised its 1st funding round 11 years after it was founded.
Where is Acrecent located?
Acrecent is headquartered in Guaynabo, United States. It is registered at Guaynabo, Puerto Rico, United States.
Is Acrecent a funded company?
Acrecent is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series B of $10M, raised on Jan 02, 2014.
How many employees does Acrecent have?
As of Dec 31, 2022, the latest employee count at Acrecent is 19.
What does Acrecent do?
Acrecent was established in 2003 in Guaynabo, Puerto Rico, within the financial services sector. Credit brokering operations are conducted to facilitate arrangements between clients seeking loans and potential lenders. Services focus on matching borrower needs with available credit options, with activities centered in Puerto Rico. The company maintains its domain at acrecent.com for operational purposes.
Who are Acrecent's investors?
Acrecent has 2 investors. Key investors include Sygnus Group, and Darby Overseas Investments.