Accel (company)
| Formerly | Accel Partners |
|---|---|
| Company type | Private |
| Industry | Venture capital |
| Founded | 1983; 42 years ago (1983) |
| Headquarters | Palo Alto, California, U.S. |
| Products | Venture capital Growth capital |
Number of employees | 300 (2024) Edit this on Wikidata |
| Website | www |
Accel, formerly known as Accel Partners, is a global venture capital firm. The company has offices in Palo Alto, California and San Francisco, California, with additional offices in London,[1] [2] and India.[3] The company's most notable investment was a 12ドル.7 million investment in Facebook in May 2005 for 10% of the company, before the company had revenue.
Accel invests in enterprise, SaaS, and consumer companies in seed, early, and growth-stage worldwide.[4]
History
[edit ]In 1983, Accel was founded by Arthur Patterson and Jim Swartz.[5] The co-founders developed the firm's "prepared mind" investment philosophy based on the Louis Pasteur quote "chance favors the prepared mind",[6] which they say requires "deep focus" and a disciplined and informed approach to investing.[7]
In 2000, Accel and Kohlberg Kravis Roberts formed Accel-KKR, an independently operated technology-focused private equity investment firm focused on control investments in middle-market companies.[8] In the same year, Accel partnered with IDG Capital to create IDG-Accel, a joint venture focusing on early-stage and growth investments in the Chinese market.[9]
In May 2005, Accel, under the leadership of Jim Breyer, invested 12ドル.7 million for 10% of Facebook, before the company had revenue.[10] This investment became one of the most lucrative in venture capital history and was worth 6ドル.6 billion at the time of the company's initial public offering in 2012.[11]
Investments and fundraises
[edit ]In December 2019, the company raised 550ドル million in its 6th investment fund focused on India.[12]
In May 2024, Accel raised a 650ドル million fund to invest in early-stage companies across Europe and Israel, with a focus on artificial intelligence and computer security. Fundraising was facilitated, in part, by the establishment of Accel's London office in 2000.[13]
In January 2025, Accel raised a 650ドル million early stage fund for startups in India and South East Asia. This was the firm's 8th fund focused on India.[14]
| Year | Companies |
|---|---|
| 2020s | Bumble,[15] Klaviyo,[16] Linear,[17] Synthesia,[18] H Company,[19] Vercel,[20] Tailscale,[21] Recurly,[22] Laravel,[23] Perplexity [24] |
| 2010s | 1Password,[25] Atlassian,[26] CrowdStrike,[27] Deliveroo,[28] Docusign,[29] Dropcam,[30] Fiverr,[31] Frame.io,[32] Freshworks [33] Jet.com,[34] Lynda,[35] Miro,[36] Qualtrics,[37] Scale AI,[38] Spotify,[39] Supercell,[40] Squarespace,[41] Swiggy,[42] Tenable,[43] UiPath,[44] Venmo [45] |
| 2000s | Cloudera,[46] Dropbox,[47] Facebook,[48] Flipkart (acquired by Walmart),[49] Groupon,[50] Slack,[51] Kayak [52] |
| 1980s-1990s | MetroPCS,[53] UUNet,[54] Polycom,[55] RealNetworks [56] |
References
[edit ]- ^ "Accel raises 500ドル million fund to double down on Series A and B rounds in Europe and Israel". Tech.eu. 11 April 2016.
- ^ "Private Equity Week Wire for Tuesday 6/12". PE HUB. 4 April 2016.
- ^ Russell, Jon (March 24, 2015). "Accel Announces New 305ドル Million Investment Fund For India". TechCrunch .
- ^ "Accel Partners Teardown". CB Insights. 2016年02月05日.
- ^ "Swartz Center for Entrepreneurship". Carnegie Mellon University .
- ^ King, Steve (August 18, 2009). "A Venture Capitalist View of the Top 5 Entrepreneurial Energy Opportunities". U.S. News & World Report .
- ^ Browne, Ryan (May 13, 2024). "Early Facebook investor Accel raises 650ドル million fund to back European and Israeli startups". CNBC .
- ^ Dowd, Kevin (17 April 2017). "Accel-KKR dips into Europe for latest tech transaction". Pitchbook.
- ^ Mac, Ryan (March 19, 2014). "Accel Partners Raises New Funds Totaling Over 1ドル Billion As Facebook Investor Jim Breyer Reduces Role". Forbes .
- ^ "Jim Breyer (via Accel Partners)". CNBC . May 22, 2012.
- ^ Levy, Ari (January 18, 2012). "Accel Facebook Bet Poised to Become Biggest Venture Profit: Tech" . Bloomberg News .
- ^ Singh, Manish (December 2, 2019). "Accel closes new 550ドルM fund for India". TechCrunch .
- ^ Mukherjee, Supantha (May 13, 2024). "VC firm Accel raises 650ドル mln to invest in AI, cybersecurity startups". Reuters .
- ^ "Accel raises 650ドル million early-stage fund for start-ups in India and Southeast Asia". Business Line . January 6, 2025.
- ^ "Priyanka Chopra-backed Bumble dating app attains valuation of 14ドル billion on market debut". Mint . February 12, 2021.
- ^ Miller, Ron (17 November 2020). "Marketing automation platform Klaviyo scores 200ドルM Series C on 4ドル.15B valuation". TechCrunch .
- ^ "Linear Raises 35ドルM in Series B Funding". Finsmes. 17 September 2023.
- ^ Wiggers, Kyle (14 June 2023). "Synthesia secures 90ドルM for AI that generates custom avatars". TechCrunch .,
- ^ Bergen, Mark (21 May 2024). "Holistic AI is now H, a new French startup with 220ドル Million Out of the Gate". Bloomberg News .
- ^ Pimentel, Benjamin (21 April 2020). "The 29-year-old founder of Vercel used this pitch deck to raise 21ドル million from investors like Accel and GitHub's CEO to build faster websites". Business Insider.
- ^ Roof, Katie (8 April 2025). "Toronto's Tailscale Hits 1ドル.5 Billion Valuation With New Funding". Bloomberg News .
- ^ Balogh, Shannen (12 August 2020). "A fintech that helps Twitch, Showtime, and CBS manage their subscriptions is eyeing international growth after nabbing a big investment from Accel-KKR". Business Insider .
- ^ "Accel invests 57ドルM into Laravel Products & Open-Source Framework". Laravel . September 5, 2024.
- ^ Who Owns Perplexity AI Company?, Canvas Business Model, July 12, 2025.
- ^ Miller, Ron (14 November 2019). "Fourteen years after launching, 1Password takes a 200ドルM Series A".
- ^ Schonfeld, Erick (14 July 2010). "Product Management Software Company Atlassian Takes A Huge, 60ドル Million First Round of Funding From Accel". TechCrunch .
- ^ "CrowdStrike closes Series B with USD 30 million". Venture Capital Post. 9 September 2013.
- ^ Cook, James (29 January 2015). "Deliveroo, the Online Food Delivery Service Just for Restaurants, Is Raising 16ドル Million". Business Insider .
- ^ Ha, Anthony (12 July 2012). "E-Signature Company DocuSign Raises 47ドル.5M Led By Kleiner Perkins, Mary Meeker Joins the Board". TechCrunch .
- ^ Rao, Leena (21 September 2011). "Accel Leads 6ドルM Round in Video Monitoring And Cloud Streaming Service Dropcam". TechCrunch.
- ^ Rao, Leena (3 May 2012). "Task-Based Marketplace Fiverr Raises 15ドルM From Accel and Bessemer". TechCrunch .
- ^ Ha, Anthony (5 October 2015). "Video Collaboration Startup Frame.io Raises 2ドル.2M". TechCrunch .
- ^ Barik, Soumyarendra (22 September 2021). "Freshworks becomes first Indian Saas startup to list in US after 1ドル Bn IPO". entrackr.com.
- ^ Kerr, Ronny (16 May 2017). "When Jet.com was young". Vator News.
- ^ Empson, Rip (15 January 2013). "After 17 Years, Education platform Lynda.com Raises Its First Round of Funding, 103ドルM from Accel & Spectrum". TechCrunch .
- ^ Hall, Christine (5 January 2022). "Visual Collaboration company Miro valued at 17ドル.5B following 400ドルM in new funding". TechCrunch .
- ^ Ha, Anthony (15 May 2012). "Qualtrics Raises 70ドルM From Accel and Sequoia: The Biggest Software Company You haven't heard of". TechCrunch .
- ^ Etherington, Darrell (9 April 2021). "Scale CEO Alex Wang and Accel's Dan Levine explain why sometimes unconventional VC deals are best". TechCrunch .
- ^ Constine, Josh (21 November 2013). "Technology Crossover Ventures Funds All of Spotify's 250ドルM International Growth Round". TechCrunch .
- ^ Butcher, Mike (26 May 2011). "Supercell Raises 12ドルm from Accel Partners to power social web games". TechCrunch .
- ^ "Squarespace Raises 38ドル.5 Million From Accel, Index Ventures". TechCrunch . 13 July 2010.
- ^ Magee, Christine (9 June 2015). "Swiggy Scoops Up 16ドル.5M to Reinvent Food Delivery in India". TechCrunch .
- ^ Ha, Anthony (5 September 2012). "Network Security Company Tenable Raises a 50ドルM Series A From Accel". TechCrunch .
- ^ Sawers, Paul (18 September 2018). "Automation software platform UiPath raises 225ドル million from CapitalG, Sequoia, and Accel at 3ドル billion valuation". VentureBeat.
- ^ Lardinois, Frederic (16 August 2012). "Online Payments Service Braintree Acquires Social Payments Startup Venmo". TechCrunch .
- ^ "Cloudera Raises 5ドル Million Series A Round For Hadoop Commercialization". TechCrunch . 16 March 2009.
- ^ Kincaid, Jason (4 November 2009). "Dropbox Raised 6ドル Million Sequoia-Led Series A In October 2008". TechCrunch .
- ^ Mangalindan, JP (11 January 2011). "Timeline: Where Facebook got its funding". Fortune.
- ^ J, Anand (10 May 2018). "Accel Partners Reveals Why It Invested in Flipkart At A Time When It Had No Backers". VC Circle.
- ^ Arrington, Michael (2 December 2009). "Groupon Gets a Hefty 30ドル Million from Accel for Local Offers Service". TechCrunch .
- ^ Chapman, Lizette (21 June 2019). "This VC Firm Invested 200ドル Million in Slack. Now Its Stake Is Worth 4ドル.6 Billion". Fortune.
- ^ Schaal, Dennis (22 September 2016). "Kaya's Co-Founder and the Secret of Travel Startup Success". Skift.
- ^ "MetroPCS Director's 13ドル Million Sale". Barron's . 21 September 2011.
- ^ Flynn, Laurie (5 February 1995). "Technology; Internet Server Takes a Big Step" . New York Times .
- ^ "Picture this" . Forbes . 11 March 1998.
- ^ "Accel Partners starts international fund". CNET . June 13, 2001.