Fundraising FoxAccrete
New York, US · Founded 2020 · Delaware corporation
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Accrete builds AI systems for enterprise and government/defense work, offering two products: Kepler, which turns an organization's knowledge into expert workflows completed in the company's context with human oversight, and Argus, which provides source-backed intelligence for operators working across complex mission data. It serves enterprises and defense/government missions.
Founders & leadership
Accrete was founded in 2020 by Prashant Bhuyan.
PB
Prashant BhuyanFounder, CEO and ChairmanPrashant Bhuyan founded Accrete in 2017 and has spent over 15 years building autonomous decision systems, starting with high-frequency trading systems before moving to knowledge engines that capture institutional expertise for enterprise and defense applications.
MP
Mayank PatelNamed on SEC filing
Board
RJ
Robert J. HuginBoard director
KF
SA
Samuel A. ColeBoard director
Reported raises · per SEC filings
Form D private placements$10.1M disclosed across 3 rounds · 2020–2025
▶$2.7MraisedMay 2025 · 21 investors · ComputersRule 506(b)
▶$2.7MraisedMay 2025 · 21 investors · Computers
Rule 506(b)Officers, directors & promoters on the filing
- Robert J. HuginDirector
- Ken FriedDirector
- Samuel A. ColeDirector
- Prashant BhuyanExecutive Officer, Director
- Offering amount
- $15M
- Amount sold
- $2.7M
- First sale
- Mar 2025
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$600KraisedApr 2024 · 1 investors · ComputersRule 506(b)
▶$600KraisedApr 2024 · 1 investors · Computers
Rule 506(b)Officers, directors & promoters on the filing
- PRASHANT BHUYANExecutive Officer, Director
- KEN FRIEDDirector
- Offering amount
- $15M
- Amount sold
- $600K
- First sale
- Apr 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$6.7MraisedAug 2021 · 34 investors · ComputersRule 506(b)
▶$6.7MraisedAug 2021 · 34 investors · Computers
Rule 506(b)Officers, directors & promoters on the filing
- Mayank PatelExecutive Officer, Director
- Prashant BhuyanExecutive Officer, Director
- Offering amount
- $6.7M
- Amount sold
- $6.7M
- Minimum investment
- $25K
- Finders' fees
- $130K
- Placement agents
- B. Riley Securities, Inc.
- First sale
- Dec 2020
- Incorporated
- Limited Liability Company, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Accrete went on to found or lead other companies.
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Companies working in the same space as Accrete.
Non-dilutive funding · 4 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of DefenseSpecial Operations Command | Phase I | 2023 | $209.2K |
| U.S. ArmyArmy | Phase I | 2023 | $149.2K |
| U.S. Air ForceAir Force | Phase I | 2023 | $74.6K |
| U.S. Air ForceAir Force | Phase I | 2023 | $74.6K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
In the news
Frequently asked questions
- What does Accrete do?
- Accrete builds AI systems for enterprise and government/defense work, offering two products: Kepler, which turns an organization's knowledge into expert workflows completed in the company's context with human oversight, and Argus, which provides source-backed intelligence for operators working across complex mission data. It serves enterprises and defense/government missions.
- Who founded Accrete?
- Accrete was founded by Prashant Bhuyan in 2020.
- How much funding has Accrete raised?
- Accrete has disclosed $10.1M raised across 3 rounds.
- Where is Accrete headquartered?
- Accrete is headquartered in New York, US.