Acceleron Bank Overview
- Founded
-
2011
- Status
-
Private
- Employees
-
10
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$1.43M
- Investors
-
5
Acceleron Bank General Information
Description
Developer of foreign exchange payment services platform designed to eliminate the need for multiple vendors and connections. The company's platform allows users to get the latest information regarding currency exchange and its methodologies and its API-driven technology allows banks to offer enhanced services to their clients seamlessly within their existing systems, enabling banks to save on provider costs while streamlining foreign exchange transaction processes.
Contact Information
Website
www.acceleronbank.com
Formerly Known As
PeopleHedge
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Financial Services
Other Industries
Financial Software
Primary Office
- White River Junction, VT
- United States
+1 (312) 000-0000
Acceleron Bank Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Seed Round | 12-Sep-2022 | $1.43M | 00.000 | 000.00 | Completed | Generating Revenue |
| 1. Accelerator/Incubator | Completed | Startup |
Acceleron Bank Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Seed-2 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Seed-1 | 288,457 | $0.001000 | $1.69 | $1.69 | 1x | $1.69 | 5.39% |
Acceleron Bank Patents
Acceleron Bank Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-8856040-B2 | System providing commodity price-move protection for small risk holders | Active | 11-Nov-2011 | 000000000 | 0 |
| US-20130124431-A1 | System providing commodity price-move protection for small risk holders | Active | 11-Nov-2011 | 000000000 | 0 |
Acceleron Bank Executive Team (9)
Acceleron Bank Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| Andrew Dillard | Acceleron Bank | Co-Founder, Chief Operating Officer & Board Member | 000 0000 |
| Damon Magnuski | Acceleron Bank | Co-Founder, President, Chief Executive Officer & Chairman | 000 0000 |
| Dennis Lormel | Acceleron Bank | Board Member | 000 0000 |
| Jan Arp | Self | Board Member | 000 0000 |
| Lowell Putnam | Acceleron Bank | Board Member | 000 0000 |
Acceleron Bank Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Acceleron Bank Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Bluefin Equity Partners | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| Gustavson Capital | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| Holt Xchange | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Valley Venture Mentors | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| Village Capital | Accelerator/Incubator | Minority | 000 0000 | 000000 0 |