Deal typePrivate Equity & Transaction Services
IndustryTechnology & Media
Sub-industryTechnology
Client nameAccel
BDO has provided financial and tax due diligence to Accel ahead of its seed investment into Viso.AI.
Computer vision as the potential to be game-changing for a whole range of industries – transforming how hospitals monitor patients, how manufacturers maintain equipment, and how cities oversee vital infrastructure, from traffic management to rubbish collection.
Viso is a low / no-code platform for computer vision applications. Founded in 2018, the company is filling a white space for an end-to-end solution.It is a horizontal platform that covers everything from collecting and annotating data to training and packaging models to building and monitoring applications.
This is Accel’s first investment in Switzerland, and one of a growing family focused on real-world applications of AI – from Scale, whose Series A Accel led in 2017, and Rasa to recent investments such as AssemblyAI and Synthesia.
The BDO project team included:
Financial due diligence: Derek Neil, Mark Jones, Brian Wong.
Tax: Brad Payne.
Computer vision as the potential to be game-changing for a whole range of industries – transforming how hospitals monitor patients, how manufacturers maintain equipment, and how cities oversee vital infrastructure, from traffic management to rubbish collection.
Viso is a low / no-code platform for computer vision applications. Founded in 2018, the company is filling a white space for an end-to-end solution.It is a horizontal platform that covers everything from collecting and annotating data to training and packaging models to building and monitoring applications.
This is Accel’s first investment in Switzerland, and one of a growing family focused on real-world applications of AI – from Scale, whose Series A Accel led in 2017, and Rasa to recent investments such as AssemblyAI and Synthesia.
The BDO project team included:
Financial due diligence: Derek Neil, Mark Jones, Brian Wong.
Tax: Brad Payne.
"Viso.AI has built an impressive customer list in a short space of time. Computer Vision will be a transformative new technology over the coming years and Viso is well placed to take advantage of this.
It was great to work with Nico and Gaudenz and provide support on this key milestone in the Company's development."
Mark Jones, Director Transaction Services, BDO LLP