Akorda
San Francisco, California, United States
2021 Revenue
$950K
Funding
$4M
Team
17
Founded
2017
Akorda Revenue & Funding (2021)
Akorda generated $950K in revenue 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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Akorda Hit $950k revenue in April 2021 | Not recorded |
| 2020 | Akorda Hit $200k revenue in December 2020 | Not recorded |
| 2017 | Launched with $0 revenue |
Akorda Valuation, Funding Rounds
Akorda has not publicly disclosed its valuation. The company has raised $4M in total funding to date.
Akorda has raised $4M in total funding across 1 round, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $4M | - | - | Not recorded |
Founder / CEO
Derek Schueren
CEO
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.
Akorda Employees & Team Size
Akorda employs approximately 17 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 17 employees (April 2021) | Not recorded |
Frequently Asked Questions about Akorda
Who owns Akorda?
Akorda is owned by LegalSifter, which acquired it.
What is Akorda's revenue?
As of 2021, Akorda generated $950K in revenue.
Who founded Akorda?
Akorda was founded by Derek Schueren.
When was Akorda founded?
Akorda was founded in 2017.
How much funding does Akorda have?
Akorda raised $4M across 1 round.
How many employees does Akorda have?
As of 2021, Akorda had 17 employees.
Where is Akorda headquartered?
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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