Accelo's Global Momentum Continues with New Product Innovation and Enterprise Sales Bookings Acceleration

DENVER, Feb. 20, 2025 /PRNewswire/ -- Accelo, a leading provider of cloud-based Professional Services Automation (PSA) solutions, continued to deliver on transformative change across the board in 2024; new product innovation, leveling-up their enterprise best practices methodologies, and an improved go-to-market motion. The company's cloud-based system is an industry leading PSA suite to enable strategic insights, accurate and real-time decision-making, and best-in-class execution for all sizes of professional services organizations and their respective markets. Accelo's results in Q4 and for FY 2024 were focused on massive product innovation deliverables, accelerating global growth, investing heavily in infrastructure and systems, KPI centric scale, and professionalizing executive leadership and the go-to-market function/sales execution.

Karen Sawyer, CEO of Accelo, stated, "As I reflect on my first year with Accelo, I am incredibly proud of what we've accomplished and our materially improved performance; 2024 was a year of radical transformative change, building a foundation for disciplined execution, global scale, and smart growth." Sawyer further said, "We've tripled down on major R&D initiatives, underscoring my personal and company commitment to driving significant value and competitive differentiation for all Accelo clients and their end-user relationships."

Key Company Highlights in 2024:

• Strategic Recapitalization & Growth Capital – Accelo closed a major new investment with Bow River Capital's Software Growth Equity Fund II, alongside existing institutional investor – Level Equity.
• Gartner Market Guide Recognition – Named in Gartner's first-ever Professional Services Automation (PSA) Market Guide, reinforcing Accelo's leadership in the category.
• 40+ Industry Awards – Recognized across G2, Capterra, GetApp, and Software Advice, underscoring strong customer satisfaction and market impact.
• New Enterprise & Mid-Enterprise Sales Bookings increased by 83.5% YoY; ACV (annual contract values) nearly doubled in transactional value.

Roger Metz, Accelo CFO, stated, "I'm thrilled to be working with such high caliber software executives across every functional area, and I would like to warmly welcome PE-backed CTO – John Patrick as our new Chief Technology Officer at Accelo." Metz further stated, "We're confident in our ability to crush our numbers in 2025, and are actively seeking M&A opportunities that make good commercial sense for our business."

About Accelo
Accelo is a cloud-based Professional Services Automation (PSA) platform that helps professional services-based businesses streamline operations, improve efficiency, and scale profitably. Designed for industries such as consulting, accounting, engineering, architecture, IT services, and marketing agencies, Accelo replaces fragmented tools with a single, integrated system for managing clients, projects, resources, and finances.

By unifying the quote-to-cash lifecycle, Accelo enables businesses to automate workflows, track projects, optimize resource allocation, and gain real-time visibility into operations. With built-in CRM, project tracking, scheduling, invoicing, and analytics, Accelo empowers professional services firms to improve productivity, enhance team collaboration, and drive sustainable growth. Learn more at www.accelo.com or follow us on LinkedIn.

Media Contact:
Aaron Ramaekers
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SOURCE Accelo