Accompany
Uses artificial intelligence to build databases of people and relationships at companies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
$270m Valuation: $270m | Acquisition | ||
| Total Funding | 000k | ||
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Accompany operated as a relationship intelligence platform, leveraging artificial intelligence and machine learning to provide professionals with comprehensive data on people and companies. The company was founded in 2013 by Amy Chang, who served as CEO, along with Matthias Ruhl as CTO and Ryan McDonough. Chang's inspiration for the startup stemmed from her experience at Stanford and later Google, where she recognized the power of data to forge better personal connections. Prior to Accompany, she had a distinguished career, notably leading the development of Google Analytics and holding roles at eBay and McKinsey. This background in data analytics and product management was foundational to Accompany's mission.
The business developed a platform that acted as a virtual chief of staff, integrating with a user's email, calendar, and contacts to deliver curated briefings and insights. The service provided users with detailed profiles on individuals and companies, including professional history, news mentions, financial reports, and SEC filings, directly within their calendar or through a newsfeed. This enabled users, primarily in sales and professional services at Fortune 500 companies, to be better prepared for meetings and to identify opportunities for engagement. The core product was designed to help users find new prospects, navigate the sales process, and strengthen business relationships by having crucial context at their fingertips.
After raising approximately $40.5 million in venture funding, Accompany was acquired by Cisco in May 2018 for a reported $270 million in cash and equity. The acquisition was a strategic move for Cisco to enhance its collaboration portfolio, with plans to integrate Accompany's AI-driven technology and company profile data into products like Webex. Following the acquisition, Amy Chang joined Cisco to lead its Collaboration Technology Group, aiming to scale Accompany's features to over 300 million users.
Keywords: relationship intelligence, AI platform, data analytics, sales intelligence, professional networking, contact management, executive briefing, business intelligence, corporate data, Cisco acquisition