About
Accel is a global venture capital firm founded in 1983 and headquartered in Palo Alto, California, with dedicated offices in London and India. The firm positions itself as the first partner to exceptional teams from inception through all phases of private company growth, serving as an early and growth-stage investor across seed, Series A, and Series B funding rounds. Accel has established itself as a prolific investor with approximately 1,190 companies in its portfolio across 952 investment rounds, maintaining active deal flow with 65 new investments in the last 12 months. The firm writes checks ranging from $1 million to $25 million, with historical Series A investments between $4.4 and $25 million, Series B averaging $32.9 million, and an overall average round size of $35 million. Accel takes minority stakes in portfolio companies and typically targets holdings with a minimum sales value of $5 million. The London-based European practice has backed breakout companies including Spotify, UiPath, and Deliveroo, demonstrating deep expertise in consumer internet, enterprise software, and media sectors. Over the past 37 years, the firm has facilitated co-investments among 7,654 investors spanning fund managers and angel investors. The firm operates with an operator-led approach focused on maintaining direct founder relationships and has achieved 314 documented exits. Accel's investment activity has grown consistently year-over-year since 2013, with deal volume increasing significantly from 67 deals in 2013 to 107 deals in 2014 and continuing growth thereafter. The firm positions itself as a preferred co-investor with leading firms including Sequoia and Y Combinator, leveraging these relationships to provide founders with expanded networks and partnership opportunities. Accel provides portfolio companies with capital and strategic support across geographies, offering access to its global investor network and operational expertise across technology sectors.