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Accion Labs - About the company

Accion Labs is a series A company based in Pittsburgh (United States), founded in 2011 by Kinesh Doshi and Tony Kernan. It operates as a Provider of cloud engineering and innovation services. Accion Labs has raised $93M in funding from TA Associates and True North. The company has 131959 active competitors, including 1204 funded and 7886 that have exited. Its top competitors include companies like IBM, Fractal Analytics and Mindtree.

Company Details

Provider of cloud engineering and innovation services. The company helps businesses transform using emerging technology. It offers engineering, design, strategy, product management, and problem-solving services. The company works to realize visions through organic growth and strategic acquisitions. ```
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Key Metrics
Founded Year
2011
Location
Pittsburgh, United States
Stage
Series A
Total Funding
$93M in 2 rounds
Latest Funding Round
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2020
Employee Count
2,527 as on Mar 31, 2026
Investment & Acquisitions
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Accion Labs's funding and investors

Accion Labs has raised a total funding of $93M over 2 rounds. Its first funding round was on Mar 26, 2020. Its latest funding round was a Series A round on Sep 28, 2022 for $*****. 1 investor participated in its latest round. Accion Labs has 6 institutional investors.

Here is the list of recent funding rounds of Accion Labs:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 28, 2022
7819606
Series A
7080515
6454967
7293616
2418519
Mar 26, 2020
1566930
Seed
9977616
9204208
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Accion Labs' founders and board of directors

Founder? Claim Profile
The founders of Accion Labs are Kinesh Doshi and Tony Kernan. Kinesh Doshi is the CEO of Accion Labs.
Here are the details of Accion Labs' key team members:

Accion Labs' Board of Directors

Accion Labs's board has 2 active members. Ramesh Narasimhan is part of team and Gopichand Bhattaram is independent board member.
Here is the list of Accion Labs' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 1m
Independent board member
-
Current
13y 6m

Accion Labs' employee count trend

Accion Labs has 2,527 employees as of Mar 26. Here is Accion Labs's employee count trend over the years:
Employee count trend for Accion Labs
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Accion Labs's Competitors and alternates

Top competitors of Accion Labs include IBM, Fractal Analytics and Mindtree. Here is the list of Top 10 competitors of Accion Labs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and consulting services
-
80/100
2nd
Logo for Fractal Analytics
Fractal Analytics
2000, New York City (United States), Public
Provider of enterprise artificial intelligence solutions across multiple industries
$325M
78/100
3rd
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
78/100
4th
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
5th
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
75/100
6th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
7th
Logo for EXL
EXL
1999, New York City (United States), Public
Provider of analytics and digital solutions
$10M
74/100
8th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
74/100
9th
Logo for EPAM
EPAM
1993, Newtown (United States), Public
Provider of software development, data analytics, and other IT suite services
$50M
74/100
10th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
28th
Logo for Accion Labs
Accion Labs
2011, Pittsburgh (United States), Series A
Provider of cloud engineering and innovation services
$93M
68/100
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Accion Labs's Investments and acquisitions

Accion Labs has made 1 investments in companies including e-Zest. Accion Labs has also acquired 3 companies including SM NETSERVProtected Tweets and Parinati Solutions.
Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 11, 2025
Acquisition
2001
Bengaluru (India)
Apr 02, 2021
Investments
2000
Chicago (United States)
Sep 02, 2015
Acquisition
2010
Mumbai (India)
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Reports related to Accion Labs

Here is the latest report on Accion Labs's sector:

News related to Accion Labs

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Media has covered Accion Labs for a total of 6 events in the last 1 year.
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