Valuation
$2.9M
2021 Revenue
$950K
Funding
$4M
Team
17
Founded
2017
How Akorda CEO Derek Schueren grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Akorda Hit $950k revenue in April 2021 | |
| 2020 | Akorda Hit $200k revenue in December 2020 | |
| 2017 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2020 | Funding round | $4M | - | - |
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Akorda yet.
Akorda Employees & Team Size
Akorda employs approximately 17 people as of 2026.
| Year | Milestone |
|---|---|
| 2021 | Reached 17 employees (April 2021) |
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.
Compare Akorda to the industry
Akorda operates across multiple industries. Browse revenue, funding, and growth data for Akorda in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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