Accrete
New York, US · Founded 2020 · Delaware corporation
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
MP
Mayank PatelNamed on SEC filing
Board
RJ
Robert J. HuginBoard director
KF
Ken FriedBoard director
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.
Competitors · 8
by search overlapAtlassian44 shared keywordsAtlassian offers a teamwork platform combining project planning, knowledge management, and AI orchestration tools for teams and their AI agents. Its products help organizations plan, execute, and deliver work at scale.
VividCortex36 shared keywordsSolarWinds offers an AI-powered IT operations platform for enterprise IT teams, providing monitoring, observability, incident response, IT service management, and database performance across hybrid IT environments. Its tools help organizations detect issues, reduce downtime, and meet service level agreements.
Matrix4233 shared keywordsMatrix42 is a European software provider that delivers intelligent service management solutions to help organizations automate and manage IT services, assets, devices, and identities across their operations. The platform serves enterprises across manufacturing, public sector, healthcare, financial services and other industries.
Invgate31 shared keywordsInvGate provides IT management software with two solutions for IT service management (ITSM) and IT asset management (ITAM), including a no-code workflow builder, service catalog, and AI tools for service operations. It serves IT teams and enterprise organizations looking to manage service delivery, IT spend, and asset lifecycles.
atomic28 shared keywordsAtomicwork is an AI-native IT service management and employee service platform that integrates with Microsoft Teams and other enterprise tools to deliver IT, HR, and support workflows within Teams. The platform uses AI Coworkers to handle incident response, access management, onboarding, and service delivery across enterprise departments.
Ifs26 shared keywordsIFS builds industry-specific enterprise software with embedded AI for managing assets, services, planning, and execution across sectors such as aerospace and defence, construction, energy and utilities, manufacturing, and telecommunications. It serves large industrial organizations operating in over 90 countries.
Splunk26 shared keywordsSplunk offers a unified platform for security and observability that ingests and analyzes large-scale data across hybrid cloud environments. Its tools support security operations centers with analytics and automated response, and help teams monitor application and infrastructure performance.
Rezolve24 shared keywordsRezolve.ai offers an agentic AI service-desk assistant that answers employee IT, HR and finance questions grounded in a company's approved knowledge sources and autonomously executes actions like password resets, account unlocks, software provisioning and expense filing. It targets enterprise IT, HR and finance teams, with a governance-focused "glass-box" explainability view and a voice AI layer for phone support.
Companies competing with Accrete for the same Google search keywords, organic and paid, via search-intersection analysis.
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.