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Accern

No-code NLP and AI platform enabling insurance and financial services firms to build and deploy industry-specific AI models on unstructured data.

Data and Analytics Growth Series B (Acquired by Wand AI, Feb 2025)
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Overview

Accern is a New York City-based AI company founded in 2014 by Forbes 30 Under 30 alumni Kumesh Aroomoogan and Anshul Vikram Pandey, PhD. The company offers the first no-code NLP Platform-as-a-Service (PaaS), enabling enterprises in financial services, insurance, and government to develop and deploy industry-specific AI solutions without requiring data science expertise.

Accern's platform accelerates time-to-value by providing over 400 pre-built AI use cases, curated datasets, and natural language processing tools tailored for specific applications such as insurance underwriting, claims processing, investment research, and regulatory compliance. The platform processes news, filings, social media, and internal documents, delivering actionable insights through integrations with leading BI and data warehouse tools.

In May 2022, Accern raised a USD 20 million Series B round led by Mighty Capital and Fusion Fund. In February 2025, Accern was acquired by Wand AI, which integrated Accern's real-time data infrastructure into its AI agent platform to expand autonomous workflow capabilities across finance, compliance, asset management, and risk.

Products & Services

Accern No-Code NLP Platform

A comprehensive PaaS platform for building, training, and deploying NLP models on unstructured data without writing code. Designed for domain experts, business analysts, and data science teams alike.

Key Features

  • Over 400 pre-built, customizable AI use cases for financial services and insurance
  • Pre-trained industry lenses for insurance underwriting, claims, and investment research
  • No-code model building, training, and deployment
  • Document analysis and extraction from news, filings, and internal documents
  • Sentiment analysis, entity recognition, and anomaly detection
  • Advanced NLP Model Trainer for retraining models with proprietary data
  • Integrated data marketplace with automated ingestion of thousands of financial content sources
  • Knowledge graph for deep data connections across sources

Target Users: Business analysts, researchers, data science teams, compliance officers

Accern Financial Data APIs

Accern provides financial data products available via API and on the Snowflake Marketplace, covering SEC 10-K and 10-Q filings with NLP-derived signals going back to 2004 across all Wilshire 5000 companies.

Key Features

  • AI-powered extraction of key events from SEC filings (financial performance, litigation, M&A, governance)
  • Signals updated in real time as new filings are published on EDGAR
  • Designed for integration into quantitative investment strategies and research workflows
  • Available natively in Snowflake for zero-copy data sharing

Target Users: Quantitative analysts, portfolio managers, credit risk teams, compliance officers

At a Glance

Founded
2014
Headquarters
New York City, New York, USA
Employees
11-50
Funding
Series B (Acquired by Wand AI, Feb 2025)

Category & Focus

Category
Data and Analytics
Subcategories
NLP AI/ML No-Code Platform Unstructured Data Processing Sentiment Analysis
Insurance Verticals
P&C Life & Annuity Health
Target Customers
Carriers, Financial Services Firms, Asset Managers, Government Agencies

Customers

  • Allianz
  • Moody's
  • Kemper
  • Mizuho Bank
  • William Blair
  • Capgemini
  • EY
  • McKinsey
  • Standard Bank
  • IBM
  • Jefferies

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Last updated: 2026-04-08