The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 10/3/20 featuring funding details for Bloomscape, ShipBob, Seismic, and much much more.
While working in finance, Accern CEO and Cofounder Kumesh Aroomoogan recognized that as his firm’s data grew, the firm had to hire more and more people; scaling with people versus technology. He saw that he could automate much of this data processing through AI, enabling the team to focus on the higher-value tasks. The product to do this is Accern, a workflow automation solution powered by AI and NLP. The company just closed its Series A round and has now raised a total of $15M in funding.