Investment Summary

Accenture Invests In Sanctuary AI

On March 27, 2024, Accenture invested in information technology company Sanctuary AI

Investment Highlights
  • This is Accenture’s 140th transaction in the Information Technology sector.
  • This is Accenture’s 12th transaction in Canada.
  • This is Accenture’s 2nd transaction in British Columbia.

Investment Summary
Date 2024-03-27
Target Sanctuary AI
Sector Information Technology
Investor(s) Accenture
Deal Type Growth Capital

Target

Sanctuary AI

Downtown, British Columbia, Canada
Sanctuary AI creates human-like intelligence in general-purpose robots that will help clients work more safely, efficiently, and sustainably, helping to address the labor challenges facing many organizations. Sanctuary AI's growing list of customers and investors represents a wide variety of industries across Canada, the US, and other countries around the world. Sanctuary AI was formed in 2018 and is based in Downtown British Columbia.

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Investor(S) 1

Investor

Accenture

Dublin, Ireland
Category Company
Founded 1951
Sector Business Services
Employees750,000
Revenue 64.1B USD (2023)
DESCRIPTION

Accenture is a global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining experience and specialized skills across more than 40 industries and all business functions, Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. Accenture was founded in 1951 and is based in Dublin, Ireland.

DEAL STATS #
Overall 311 of 331
Sector (Information Technology) 140 of 148
Type (Growth Capital) 2 of 3
State (British Columbia) 2 of 2
Country (Canada) 12 of 13
Year (2024) 10 of 30
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-19 Flo Group

Rotterdam, Netherlands

Flo Group is a consultancy and Oracle business partner specializing in global supply chain logistics. Flo Group was formed in 2007 and is based in Rotterdam, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-02 Intellera Consulting

Milan, Italy

Intellera Consulting is an Italian consultancy firm operating in the public administration and healthcare sectors. Intellera Consulting was formed in 2021 and is based in Milan.

Buy -
Mergr

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