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Accelex secures $5m

by Alice Murray 26 May 2021

Accelex has received $5m in venture financing co-led by Illuminate Financial and AlbionVC, both of which will join the firm’s board of directors.

The seed round also received participation from Expon Capital and SixThirty Ventures.

The fresh capital will be used to accelerate the company’s global growth plans, through further product development, client acquisition and support.

“The growth in alternative investing – particularly private markets – continues at pace and with that growth comes the burden of complex investor workflows,” said Franck Vialaron, CEO at Accelex.

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