Investments
2347Portfolio Exits
433Funds
67Partners & Customers
10Service Providers
2About Accel
Accel is a venture capital firm that invests in people and their companies from the earliest days through all phases of private company growth. Atlassian, Braintree, Cloudera, DJI, Dropbox, Dropcam, Etsy, Facebook, Flipkart, Jet, Lookout Security, Qualtrics, Slack, Spotify, Supercell, and Vox Media are among the companies the firm has backed over the past 30 years. The firm seeks to understand entrepreneurs as individuals, appreciate their originality and play to their strengths. The company was founded in 1983 and is based in Palo Alto, California.
Want to inform investors similar to Accel about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Expert Collections containing Accel
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Accel in 18 Expert Collections, including Direct-To-Consumer Brands (Non-Food).
Direct-To-Consumer Brands (Non-Food)
37 items
Startups selling their own branded products directly to consumers via online/mobile channels, rather than relying on department stores or big online marketplaces.
Restaurant Tech
20 items
Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, and more.
HR Tech
65 items
E-Commerce
22 items
Store tech (In-store retail tech)
55 items
Startups aiming work with retailers to improve brick-and-mortar retail operations.
Banking
44 items
Based on CB Insights Research Brief: https://www.cbinsights.com/blog/industry-market-map-landscape/#retail banking
Research containing Accel
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Accel in 15 CB Insights research briefs, most recently on Mar 30, 2023.
Latest Accel News
May 3, 2023
Venture Capital The firm will choose as many as half a dozen early stage startups to fund and mentor, starting this month, it said Wednesday in a statement. It’ll also target companies that use technology to make conventional industrial processes more efficient.
Accel Investments
2,347 Investments
Accel has made 2,347 investments. Their latest investment was in Locofy.ai as part of their Seed VC - II on May 5, 2023.
Accel Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/16/2023 | Seed VC - II | Locofy.ai | $4.25M | No | Accel, Arash Ferdowsi, Aviondor Group, Golden Gate Ventures, Nattu Adnan, Northstar Ventures, TPG Capital, and Undisclosed Investors | 2 |
5/8/2023 | Seed VC | Tema | Yes | Accel, Index Ventures, Jane Gladstone, Jonathan Rubinstein, Martin Gilbert, Michael Spencer, Undisclosed Angel Investors, and Zinal Growth | 3 | |
5/8/2023 | Seed VC | Fundly | $3M | Yes | Accel, Multiply Ventures, and Undisclosed Angel Investors | 2 |
4/14/2023 | Seed VC | |||||
4/6/2023 | Series F |
Date | 5/16/2023 | 5/8/2023 | 5/8/2023 | 4/14/2023 | 4/6/2023 |
|---|---|---|---|---|---|
Round | Seed VC - II | Seed VC | Seed VC | Seed VC | Series F |
Company | Locofy.ai | Tema | Fundly | ||
Amount | $4.25M | $3M | |||
New? | No | Yes | Yes | ||
Co-Investors | Accel, Arash Ferdowsi, Aviondor Group, Golden Gate Ventures, Nattu Adnan, Northstar Ventures, TPG Capital, and Undisclosed Investors | Accel, Index Ventures, Jane Gladstone, Jonathan Rubinstein, Martin Gilbert, Michael Spencer, Undisclosed Angel Investors, and Zinal Growth | Accel, Multiply Ventures, and Undisclosed Angel Investors | ||
Sources | 2 | 3 | 2 |
Accel Portfolio Exits
433 Portfolio Exits
Accel has 433 portfolio exits. Their latest portfolio exit was DecisionLink on April 17, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
4/17/2023 | Acquired | 6 | |||
1/13/2023 | Acq - Pending | 1 | |||
12/19/2022 | Acquired | 7 | |||
Date | 4/17/2023 | 1/13/2023 | 12/19/2022 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acq - Pending | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 6 | 1 | 7 |
Accel Acquisitions
5 Acquisitions
Accel acquired 5 companies. Their latest acquisition was GoFundMe on June 18, 2015.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
6/18/2015 | Acq - Fin | 2 | ||||
9/7/2009 | Series C | |||||
3/22/2004 | Other Venture Capital | |||||
6/12/1996 | Growth Equity | |||||
12/15/1994 | Growth Equity |
Date | 6/18/2015 | 9/7/2009 | 3/22/2004 | 6/12/1996 | 12/15/1994 |
|---|---|---|---|---|---|
Investment Stage | Series C | Other Venture Capital | Growth Equity | Growth Equity | |
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Fin | ||||
Sources | 2 |
Accel Fund History
67 Fund Histories
Accel has 67 funds, including Global Later-Stage Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
6/21/2022 | Global Later-Stage Fund | $4,000M | 1 | ||
3/2/2022 | Accel India VII | $650M | 2 | ||
6/29/2021 | Accel Growth VI | $1,750M | 1 | ||
6/29/2021 | Accel Europe VII | ||||
6/29/2021 | Accel XV |
Closing Date | 6/21/2022 | 3/2/2022 | 6/29/2021 | 6/29/2021 | 6/29/2021 |
|---|---|---|---|---|---|
Fund | Global Later-Stage Fund | Accel India VII | Accel Growth VI | Accel Europe VII | Accel XV |
Fund Type | |||||
Status | |||||
Amount | $4,000M | $650M | $1,750M | ||
Sources | 1 | 2 | 1 |
Accel Partners & Customers
10 Partners and customers
Accel has 10 strategic partners and customers. Accel recently partnered with Cognite on October 10, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
10/27/2020 | Partner | Norway | Cognite Partners with Accel to Transform Industry and Define New Industrial Software Category OSLO , Norway -- -- Cognite , a global leader in industrial software innovation , announced today that it has signed a partnership agreement with leading global venture capital firm Accel . | 2 | |
1/29/2019 | Partner | United States | Accel-KKR invests $16m in Australia's Humanforce Accel-KKR , a US-based private equity firm created by Accel Partners and KKR , has invested A$ 22.5 million in Australian workforce management solutions provider Humanforce . | 1 | |
8/23/2018 | Partner | United States | 1 | ||
2/3/2016 | Partner | ||||
1/26/2016 | Partner |
Date | 10/27/2020 | 1/29/2019 | 8/23/2018 | 2/3/2016 | 1/26/2016 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | Norway | United States | United States | ||
News Snippet | Cognite Partners with Accel to Transform Industry and Define New Industrial Software Category OSLO , Norway -- -- Cognite , a global leader in industrial software innovation , announced today that it has signed a partnership agreement with leading global venture capital firm Accel . | Accel-KKR invests $16m in Australia's Humanforce Accel-KKR , a US-based private equity firm created by Accel Partners and KKR , has invested A$ 22.5 million in Australian workforce management solutions provider Humanforce . | |||
Sources | 2 | 1 | 1 |
Accel Team
19 Team Members
Accel has 19 team members, including current Chief Financial Officer, Anne Rockhold.
Name | Work History | Title | Status |
|---|---|---|---|
Anne Rockhold | Silicon Valley Bank, Vanguard Ventures, American Basketball Association, Interlink Computer Sciences, Ross Systems, and Ernst & Young | Chief Financial Officer | Current |
Name | Anne Rockhold | ||||
|---|---|---|---|---|---|
Work History | Silicon Valley Bank, Vanguard Ventures, American Basketball Association, Interlink Computer Sciences, Ross Systems, and Ernst & Young | ||||
Title | Chief Financial Officer | ||||
Status | Current |
Compare Accel to Competitors
Kleiner Perkins Caufield & Byers (KPCB) is a venture capital firm based in Menlo Park, CA that primarily focuses its global investments in practice areas including technology and life sciences.
Slow Ventures is an early-stage focused venture capital firm. The firm invests in companies operating in commercial products, commercial services, consumer services, financial services, pharmaceuticals, and other sectors. It was founded in 2011 and is based in San Francisco, California.
Lightspeed Venture Partners operates as an early-stage venture capital firm. It focuses on accelerating disruptive innovations and trends in the enterprise and consumer sectors. It was founded in 2000 and is based in Menlo Park, California.
Sequoia is a venture capital firm. It seeks to invest in companies operating in the information technology, healthcare, manufacturing, mobile, nanotechnology, financial service, internet, energy, media, and retail sectors. The company was founded in 1972 and is based in Menlo Park, California.
General Catalyst is a venture capital firm that makes early-stage and transformational investments. It back entrepreneurs who are building technology companies and businesses, and invests in seed-stage, early-stage, later-stage, and growth-stage companies operating in consumer, enterprise, fintech, crypto, health assurance, software, transportation, big data, and technology sectors. The company was founded in 2000 and is based in Cambridge, Massachusetts.
SyndicateRoom is an online equity crowdfunding platform that allows its members to co-invest in exciting companies with seasoned investors.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.