Acerta Analytics Solutions

Acerta in its $10.4 million Series B financing


Acerta Analytics Solutions


$10.4 million


Emerging and High Growth Companies

Date Closed

November 2022



Lead Office



On November 22, 2022, Acerta announced it had secured $10.4 million in a Series B financing, led by new investors in BDC Capital’s Industrial Innovation and Thrive Venture Funds. The funding will enable Acerta to expand into North America and Europe, within its existing customer base and beyond.

Acerta is an automotive software company based out of Kitchener-Waterloo specializing in Machine Learning (ML), Artificial Intelligence (AI), and Data Analytics to improve manufacturing quality in the auto industry. Their LinePulse software helps automakers uncover insights from vehicle and production data to perform quality control, improve manufacturing throughput and enhance product quality.

Osler, Hoskin & Harcourt LLP advised Acerta with a team consisting of Chad Bayne, Andrew Irwin, and Yulia Yugay (Emerging and High Growth Companies).