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The Venture Codex

Accel Nest

1236 Jensen Drive, Virginia Beach, Virginia, 23451, United States

Overview

AccelNest provides investors access to cherry-picked startups through demo days. Thus bridging the gap between high-quality startups and potential investors.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • Spintly

    Participated · Series A · Nov 2022

    Spintly develops a hardware-enabled, software-controlled access management platform that eliminates the need for traditional wiring by using its proprietary Bluetooth Low Energy (BLE) mesh networking technology. The system lets enterprises quickly retrofit or install door controllers, badges, and readers while maintaining secure local log storage during power outages. Spintly is layering AI-driven analytics onto existing camera infrastructure to enhance security insights for its customers. The company targets enterprise clients that operate large commercial buildings and multi-site facilities across India, the Middle East & Africa, and the United States. Founded by Rohin Parkar, Spintly combines wireless hardware devices with cloud software for centralized management. Financially, the company has secured an $8 million Series A round and previously closed a ₹3.5 crore extended seed round in January last year along with an earlier $5.36 million seed raise. The fresh capital will be used for product development, global expansion, and strengthening its AI capabilities.

Team

No current team members are available.