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HealthTech

AccelerateBuild Platform

AccelerateBuild Platform raises $7M Seed at $53M valuation

$7M
Total Raised
Seed
Latest Round
2018
Founded
681+
Employees
Chicago, IL
Updated December 8, 2024
3 min read

Quick Facts

Valuation
$53M
Latest Round Size
$7M
Latest Round Date
December 2024

AccelerateBuild Platform: Scaling HealthTech Innovation

AccelerateBuild Platform has secured $7M in Seed funding, achieving a valuation of $53M. The investment round was led by Sequoia Capital, with participation from Andreessen Horowitz, Accel.

Company Overview

Founded in 2018 and headquartered in Chicago, IL, AccelerateBuild Platform is transforming the healthtech landscape through innovative technology and a customer-first approach. The company has established itself as a key player in the rapidly growing healthtech market.

Product & Market Position

AccelerateBuild Platform's platform addresses critical challenges in healthtech by leveraging advanced technology to deliver scalable, efficient solutions. The company serves a diverse customer base ranging from startups to Fortune 500 enterprises.

Funding Details & Investor Confidence

This Seed round brings AccelerateBuild Platform's total funding to over $7M, reflecting strong investor confidence in the company's vision and execution. Sequoia Capital led the round, citing AccelerateBuild Platform's impressive growth metrics and market opportunity as key factors in the investment decision.

Growth Metrics & Traction

The company has demonstrated strong product-market fit with rapid customer adoption and consistent revenue growth. Key metrics include expanding customer base, improving retention rates, and increasing average contract values across all customer segments.

Use of Funds

AccelerateBuild Platform plans to deploy the capital across several strategic initiatives:

  • Product Development: Expanding platform capabilities and introducing new features
  • Team Expansion: Hiring across engineering, sales, and customer success
  • Market Expansion: Entering new geographic markets and customer segments
  • Infrastructure: Scaling technology infrastructure to support growth

Market Opportunity

The healthtech market is experiencing significant growth, with industry analysts projecting substantial expansion over the next five years. AccelerateBuild Platform is well-positioned to capture market share through its differentiated technology and go-to-market strategy.

Competitive Landscape

In an increasingly competitive healthtech sector, AccelerateBuild Platform differentiates through superior technology, customer experience, and operational efficiency. The company's platform offers unique capabilities that address unmet market needs.

Leadership & Team

The AccelerateBuild Platform leadership team brings extensive experience from leading technology companies and deep domain expertise in healthtech. This combination of technical excellence and industry knowledge positions the company for continued success.

Technology & Innovation

AccelerateBuild Platform continues to invest heavily in research and development, with a focus on emerging technologies including artificial intelligence, machine learning, and automation to enhance platform capabilities and deliver superior value to customers.

Customer Success

Customer satisfaction and success remain central to AccelerateBuild Platform's strategy. The company maintains high Net Promoter Scores and strong retention rates, reflecting the value delivered through its platform and services.

Future Roadmap

Looking ahead, AccelerateBuild Platform plans to accelerate product innovation, expand into adjacent markets, and strengthen its position as a category leader in healthtech. The company is committed to sustainable growth and long-term value creation.

Industry Impact

AccelerateBuild Platform's success demonstrates the transformative potential of technology in healthtech. As the company scales, it continues to set new standards for innovation, customer service, and operational excellence in the industry.

Key Investors

Sequoia Capital
Lead Investor
Strategic investment in healthtech sector
Andreessen Horowitz
Co-Lead
Strategic investment in healthtech sector
Accel
Investor
Strategic investment in healthtech sector

Topics

HealthTech(503)startup funding(297)venture capital(278)AccelerateBuild PlatformSeedtech investment7M

About the Author

Michael Rodriguez
Michael Rodriguez
Fintech and AI specialist with 10+ years covering Silicon Valley funding rounds

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