ACCELITAS
Identity intelligence and financial validation platform helping lenders and fintechs approve more creditworthy customers.
Overview
Accelitas (formerly Dragnet Solutions, Inc.) is a Petaluma, California-based fintech and identity intelligence company founded in 2004 by Greg Cote. The company provides real-time identity verification, bank account validation, and credit risk assessment services through its Accelerated Insight platform, helping financial services companies say yes to more customers -- including those underserved by traditional credit systems.
Rebranded from Dragnet Solutions to Accelitas in April 2018, the company broadened its focus to deliver customer identity intelligence across multiple industries. The name combines the Latin roots of "accelerate" and "veritas" (truth), reflecting the company's commitment to speed and accuracy. The founding team brings over 90 years of combined experience in financial services, spanning predictive data analytics, AI, machine learning, imaging, credit risk modelling, SaaS, and fraud detection.
Accelitas holds a US patent (No. 11,758,052) for its core bank account validation technology and is a Nacha Preferred Partner. In November 2025, the company completed a full infrastructure migration to Kubernetes, reducing deployment timelines from weeks to hours and enabling greater scalability for its AI-powered microservices platform.
Products & Services
Ai Validate | Bank Data
Real-time bank account validation covering 90%+ of U.S. bank accounts. Uses proprietary analytics and risk modeling to provide validity, association, and risk indicators for bank routing and account number pairs.
Key Features
- Patented process for identifying invalid bank routing and account number combinations
- Reduces the most common Nacha return codes (R03 and R04)
- 30% lift in coverage versus traditional data consortiums
- Supports Nacha Verification Rule compliance
Target Users: Lenders, billers, payroll providers, fintechs
Ai Validate | BAV and BAV | FCRA
Enhanced bank account validation tiers adding unique data sources and real-time transactional data for higher-risk ACH transactions. The FCRA-compliant tier supports adverse action requirements.
Key Features
- Real-time bank account transactional data enrichment
- Non-credentialed ownership verification
- FCRA-compliant version with adverse action capabilities
- Fraud detection and risk mitigation
Target Users: Banks, lenders, and payment processors handling higher-value transactions
Ai Validate | AOV (Account Ownership Validation)
Launched September 2025, this service confirms bank account ownership in real time without requiring online banking credentials or manual processes. Uses hundreds of data attributes linking PII to consumer bank accounts.
Key Features
- Credential-free account ownership confirmation
- Machine learning and alternative data-driven scoring
- Strong performance in subprime and near-prime market segments
- Prevents identity fraud and reduces manual reviews
Target Users: Consumer lenders, fintechs, collections agencies
Ai Lift
AI-powered credit risk web service that identifies creditworthy borrowers including thin-file and no-file consumers. Uses Microclimate(TM) proprietary credit scores customized to a lender's specific decisioning criteria.
Key Features
- Microclimate(TM) scoring: uncorrelated alternative data sources vs. generic models
- Explainable AI for FCRA compliance and adverse action transparency
- Multi-stage deployment across the credit decisioning waterfall
- Ai Lift Save: re-evaluates previously rejected applicants
- Claims 20-30% uplift in creditworthy borrower identification
Target Users: Consumer lenders, fintechs, banks
Ai Screen
Real-time lead screening service that identifies high-quality leads matching a lender's decisioning criteria before underwriting costs are incurred.
Key Features
- Ai Screen | FPD: first payment default likelihood indicators
- Ai Screen | Conversion: loan conversion probability indicators
- Ai Screen | FPD + Conversion: combined risk modeling
- Non-FCRA service using proprietary risk analytics
- Supports thin-file and no-file borrower populations
Target Users: Consumer lenders, lead generators, fintechs
At a Glance
- Founded
- 2004
- Headquarters
- Petaluma, California, USA
- Employees
- 11-50
- Funding
- USD 12M
Category & Focus
- Category
- Data and Analytics
- Subcategories
- Identity Intelligence Credit Risk Bank Account Validation Alternative Data Lead Screening
- Insurance Verticals
- P&C (adjacent -- primarily fintech and lending)
- Target Customers
- Consumer Lenders, Fintechs, Banks, Billers, Payroll Providers, Collections Agencies, Payment Processors
Customers
- Consumer lending
- Fintechs
- Banks and credit unions
- Billers
- Payment processors
- Payroll providers
- Collections agencies
Similar Companies
-
Reitigh (now Resolve)Financial transformation software automating back-office data workflows for insurers, asset managers, and banks -
RRhino PartnersCustom software development and data science for fintech and insurtech companies
-
Red Mountain TechnologiesVehicle history data and proprietary risk scoring for auto insurance carriers and the auto auction industry. -
RecordLinkerML-powered record linkage and data normalization for insurance AMS migrations -
RapidSOSEmergency response data platform connecting devices, apps, and sensors to 911 centers and first responders -
RReltioTrusted, real-time data. Fast. -- Context Intelligence and AI-Powered Data Unification for the Enterprise.
Last updated: 2026-05-11