Accel Partners
Investor - Accelerator
Overview
Accel Partners is an Palo Alto-based venture capital firm that specializes in seed, early and growth-stage investments. The firm has over $20bn worth of funds under its management globally.
Country: United States
Founded: 1983
Headquarters: Palo Alto, California, United States
Investment Strategy
Geography
- North America
- Asia
Sector Focus
- Marketplace Lending
- Funding Platforms
- Institutional Investments and Trading
- WealthTech
- Payments and Remittances
- Infrastructure and Enterprise Software
- Data and Analytics
Investment Stage
- Seed
- Series A
- Series B
- Series C
- Series D
Summary
Accel was founded by Arthur Patterson and Jim Swartz in 1989, and has grown to become a global venture capital investor with a widespread portfolio. The US-fund is headquartered in Palo Alto, California; but the firm also has operating funds in London, India, and China.
In March 2016, Accel raised $2bn, $500m of which was for an early stage venture fund and the additional $1.5bn for growth investments. In the same year it also raised its fifth India-focused fund – the Accel India Fund V, which totaled $450m. The firm also raised their fifth London fund in the same year, the $500m valued Accel London V. Since 2005, Accel has raised nearly $2bn in funds for London investment.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
JUSPAY
Venture
Parikshit Dar Parikshit Dar 0 Followers
Payments & Remittances
India
Invoice2go
Series C
Infrastructure & Enterprise Software
United States
LetsVenture
Series A
Mohandas Pai
Institutional Investments & Trading
India
MySmartPrice
Series B
Helion Venture Partners
Payments & Remittances
United States
GoFunMe
Series A
Tgy echnology Crossover Ventures (TCV)
Funding Platforms
United States
Funding Circle
Series D
Union Square Ventures
Funding Platforms
United States
LetsVenture
Seed
Institutional Investments & Trading
India
LearnVest
Series D
American Express Ventures
WealthTech
United States
Prosper
Venture
Omidyar Network
Marketplace Lending
United States
Lenddo
Series A
Blumberg CapitalCapital
Data & Analytics
United States
Venmo
Series A
RRE Ventures
Payments & Remittances
United States
Funds Raised
Vintage
Fund Name
Amount
Accel India Fund V
$450m
Early Stage Fund XIII
$500m
Accel Growth Fund IV
$1.5bn
Accel London V
$500m
Accel India IV
$305m
Accel Growth Fund 3
$1bn
Big Data Fund 2
$100m
Accel London IV
$475m
Accel Europe Fund
$500m
Sidecar Funds
$94m
Accel XI LP
$475m
Accel Growth Fund II
$875m
Accel Growth Fund II Strategic Partners LP
$59.9m
Accel XI Strategic Partners LP
$33.7m
Accel India Fund III
$155m
Accel Growth Fund
$480m
Accel X Strategic Partners, LP
Undisclosed
Accel India Venture Fund II
$60m
Accel London III
$525m
Accel X
$520m
Accel India Venture Fund (FKA Erasmic Venture Fund)
$10m
Accel London II
$450m
Accel IX Strategic Partners, LP
Undisclosed
Accel Europe
$500m
Accel Fund VIII
$1.6bn
Accel Fund
$10bn
Key Employees
Arthur Patterson
Founding Partner
Jim Swartz
Founding Partner
Tracy Sedlock
Chief Operating Partner
Anne Rockhold
Chief Financial Officer
