Accenture buys Faculty for about $1B
Accenture bought Faculty, a London applied-AI company, in a deal reported at about $1B. It was announced in January 2026 and closed on 12 March 2026. Faculty’s revenue was £41.7M in the year to March 2025, so the price is about 18 times revenue. Faculty raised about $55M of equity; Apax Digital, its largest investor, owned 28.6%.
Faculty’s valuation at each funding round and at the sale
Post-money valuation at each round, then the reported sale price. The 2021 valuation is Dealroom’s estimate from Apax Digital’s stake. Hover a point for the round details.
Source: Dealroom.co
Faculty was founded in 2014 by Marc Warner, Angie Ma and Andrew Brookes as a fellowship that trained PhD graduates as data scientists. Revenue tripled in the three years to March 2025, from £13.6M to £41.7M. Faculty lost money every year, £3.8M before tax in the latest.
Faculty’s revenue and pre-tax loss by financial year
Financial years to 31 March, from Faculty’s filed accounts.
Source: Dealroom.co
Faculty’s share register, filed in February 2026, shows who sold. Apax Digital owned more of Faculty than the three founders together.
Who owned Faculty before the sale
Shareholdings on the 3 February 2026 confirmation statement, valued at the reported $1B price. Proceeds are before tax and deal terms.
Dealroom estimates.
LocalGlobe’s seed money made the highest multiple. Apax Digital’s $42.5M cheque made the most money.
Money in and estimated money out, by investor
Each bubble is an estimated ticket, placed at its round; the green bubble is the investor’s stake on the share register at a $1B sale. Tickets are Dealroom’s estimate.
Dealroom estimates.
Faculty is mostly a services business: half of its revenue went on cost of sales. At about 18 times revenue, it sold for less than most AI software deals of 2025 and 2026, and for more than xAI paid for Cursor.
Revenue multiples on recent AI and software acquisitions
Price divided by revenue at announcement, deals announced 2025–2026. The bubble view plots the multiple against each company’s last reported revenue growth.
Source: Dealroom.co