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How Akorda CEO Derek Schueren grew Akorda to $950K revenue with a 17 person team in 2021.

Provider of deal acceleration platform intended to accelerate the contracting process. The company's platform uses artificial intelligence to adjust language inject knowledge directly into the contract revision process and triage contracts by identifying risks, enabling legal departments to improve efficiency with increased transparency and risk management.

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Akorda Revenue

In 2021, Akorda's revenue reached $950K. The company previously reported $200K in 2020. Since its launch in 2017, Akorda has shown consistent revenue growth.

Akorda Revenue GrowthReported revenue / ARR by year$0$200K$400K$600K$800K$1M20172018201920202021$0$200K$950KSource: GetLatka.com
YearMilestone
2021Akorda Hit $950k revenue in April 2021
2020Akorda Hit $200k revenue in December 2020
2017Launched with $0 revenue

Akorda Valuation, Funding Rounds

Akorda's most recent disclosed valuation is $2.9M.

Akorda has raised $4M in total funding across 1 round, with its most recent round in 2020.

Akorda Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$2M$3M$4M$5M20172018201920202017 cumulative: $0 • 2017 Founded: $02020 cumulative: $4M • 2017 Founded: $0 • 2020 Funding round: $4M$4M2017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Funding round$4M--

Akorda Employees & Team Size

Akorda employs approximately 17 people as of 2026.

Akorda has 17 total employees in different roles and functions.

Akorda Team GrowthReported headcount over time04812162020172018201920202021001717Source: GetLatka.com
YearMilestone
2021Reached 17 employees (April 2021)

Founder / CEO

Derek Schueren

Derek Schueren is the CEO and co-founder of Akorda where he is working to bring the market together to transform how businesses contract. Previously, he founded Recommind, a big data analytics company where he worked with Global 2000 clients, global law firms, and technology partners in the areas of eDiscovery and Information Access.

Q&A

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Customers

We do not have customer count information for Akorda yet.

Frequently Asked Questions about Akorda

What is Akorda's revenue?

Akorda generates $950K in revenue.

Who founded Akorda?

Akorda was founded by Derek Schueren.

Who is the CEO of Akorda?

The CEO of Akorda is Derek Schueren.

How much funding does Akorda have?

Akorda raised $4M.

How many employees does Akorda have?

Akorda has 17 employees.

Where is Akorda headquarters?

Akorda is headquartered in San Francisco, California, United States.

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Compare Akorda to the industry

Akorda operates across multiple industries. Browse revenue, funding, and growth data for Akorda in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Akorda Revenue 2021: $950K ARR, $2.9M Valuation