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Accela: SaaS solutions provider offering tools to digitize and automate permitting, licensing, and civic processes for state and local governments.
Based in San Ramon, California, Accela provides cloud-based software-as-a-service solutions that digitize and automate civic processes like permitting, licensing, and code enforcement for state and local governments. Operating under the leadership of Chief Executive Officer Gary Kovacs, the enterprise software provider serves over 3,000 government agencies worldwide, reaching an estimated 300 million citizens and generating approximately $107.8 million in revenue. The company operates with a workforce of 513 employees and has raised $219.7 million in total funding to support its subscription model. Accela has expanded its platform capabilities through strategic acquisitions, including the purchase of Boston-based permitting specialist OpenCounter, and recently showcased new artificial intelligence features. Originally founded as Sierra Computer Systems in 1999, the organization is backed by prominent private equity investors, with Francisco Partners recently acquiring a majority stake from Berkshire Partners.
Accela has raised $183.5M across 2 funding rounds.
Accela has raised $183.5M in total across 2 funding rounds.
Accela has raised $183.5M in total across 2 funding rounds.
Accela's investors include Tyler Wick, Daniel Kim.
Accela has raised $183.5M across 2 funding rounds. Most recently, it raised $143.5M Other Equity in February 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 26, 2015 | $143.5M Other Equity | Tyler Wick | |
| Oct 16, 2013 | $40.0M Series D | Daniel Kim |