Accel

Arthur Patterson and Jim Swartz co-founded Accel in 1983. Patterson had previously been a general partner at Adler & Company and began his venture capital career at Citicorp Venture Capital.⁠[1]

Swartz had been a vice president at Citicorp Venture Capital and founded Adler & Company with Fred Adler in 1978 before establishing Accel with Patterson.⁠[2]

In his oral history, Jim Swartz recalled that he and Patterson wanted a name that would come before Adler alphabetically. While consulting a dictionary, Swartz found “accel,” an abbreviation of the musical term accelerando, meaning gradually to increase the tempo. The two adopted the name.⁠[3]

Accel opened its London office in 2000 and established a dedicated fund for early-stage companies in Europe and Israel.⁠[4]

Kevin Comolli joined in 2000 as a founding partner of the London office. He had previously spent 14 years in technical, commercial and management roles at Fanuc Robotics.⁠[5]

Jim Swartz helped establish and guide Accel London and also participated in founding Meritech Capital.⁠[2]

Accel's official investment record dates its first Facebook investment to the company's Series A round in 2005.⁠[6]

On April 19, 2006, Facebook announced $25 million in financing led by Greylock Partners, with participation from Meritech Capital Partners and existing investors Accel Partners and Peter ThielPeter ThielPeter Thiel is an American entrepreneur and investor, a co-founder of PayPal and Palantir Technologies, and the first outside investor in Facebook. He is a partner at the venture capital firm Founders Fund and founded the Thiel Fellowship, which funds young people to leave college and build new things; his public skepticism of higher education, his support for Trump in 2016, and his funding of litigation against Gawker Media have drawn controversy.Open the full entry. Facebook said the funding would support new features. The announcement did not disclose Accel's individual contribution.⁠[7]

Accel established a local investment team in India in 2008, continuing its approach of investing in local technology businesses through regional teams.⁠[8]

In 2008, Accel invested $800,000 in seed capital in Flipkart, founded by Sachin BansalSachin BansalSachin Bansal is an Indian entrepreneur who co-founded the e-commerce company Flipkart with Binny Bansal in 2007, left in 2018 to found the fintech group Navi, and has been Navi’s executive chairman since 2025.Open the full entry and Binny BansalBinny BansalBinny Bansal is an Indian entrepreneur who co-founded the e-commerce company Flipkart with Sachin Bansal in 2007 and served as its CEO and group CEO until resigning in 2018. He later co-founded xto10x and founded the cross-border e-commerce company OppDoor.Open the full entry. Its India seed and Series A fund raised $65 million that year. In a 2018 retrospective, Accel said it had continued investing in Flipkart through multiple venture and growth funds in India and the United States.⁠[9]

Accel's official investment record dates its first investment in the Slack project to a 2009 seed round and identifies Andrew Braccia as an associated investor.⁠[10]

On July 14, 2010, Atlassian announced a $60 million minority investment from Accel Partners, with Rich Wong joining its board. This was Atlassian's first outside financing; co-founders Mike Cannon-Brookes and Scott Farquhar remained co-chief executives.⁠[11]

Atlassian identified expansion in Europe and Asia, acquisitions of complementary products and employee share liquidity as uses of the funding. At the announcement, it had 225 employees and more than 20,000 customers in 134 countries, with products including Jira and Confluence.⁠[11]

Accel began investing in Freshworks in 2011 with an initial $1 million investment. Its 2019 retrospective said Freshworks had six employees at the time of the first investment and, by the retrospective's publication, more than 2,500 employees and a $3.5 billion valuation.⁠[12]

In his retrospective at Fiverr's listing, Accel partner Philippe Botteri dated the firm's first investment to May 2012, when the company had approximately 40 employees. Fiverr packaged freelance services such as design, development and translation into products that could be purchased online. It listed on the New York Stock Exchange on June 13, 2019.⁠[13]

Accel first invested in CrowdStrikeCrowdStrikeCrowdStrike Holdings, Inc. is a cybersecurity company headquartered in Austin, Texas, co-founded in 2011 by George Kurtz and Dmitri Alperovitch. It sells subscription services for endpoint protection, threat intelligence, identity and cloud security through its cloud-native Falcon platform and a single lightweight sensor, and listed on Nasdaq in 2019 under the symbol CRWD. On July 19, 2024, a content update to its Falcon sensor caused large numbers of Windows systems around the world to crash.Open the full entry in the summer of 2013. Its retrospective described a shared thesis of rebuilding endpoint security through cloud delivery, data analysis and machine learning. From that investment until the 2019 listing, Accel led or co-led each subsequent financing round. CrowdStrike listed on NasdaqNasdaqNasdaq is an exchange operator and financial technology company headquartered in New York. It runs The Nasdaq Stock Market and other markets and provides capital markets technology, regulatory technology, and data and index services. Founded in 1971, it combined with OMX AB in 2008, and in March 2026 the U.S. Securities and Exchange Commission approved its rules for trading tokenized securities.Open the full entry on June 12, 2019.⁠[14]

eBayeBayeBay Inc. is an online marketplace company headquartered in San Jose, California, United States, founded in 1995 by Pierre Omidyar; it started out with person-to-person online auctions and listed on Nasdaq in 1998. As of the end of 2025, it had 135 million active buyers, and its platform’s gross merchandise volume in 2025 was nearly $80 billion.Open the full entry completed its acquisition of payments platform Braintree for approximately $800 million in cash, bringing Braintree into its PayPalPayPalPayPal Holdings, Inc. (Nasdaq: PYPL) is an American digital payments company that operates payment brands including PayPal, Venmo, Braintree, and Xoom, providing online and in-store payments, money transfers, and consumer credit to consumers and merchants worldwide.Open the full entry business. The company's total acquisition consideration is distinct from any proceeds attributable to Accel's stake.⁠[15]

Accel's official record dates its first Swiggy investment to the 2015 seed round. A later retrospective disclosed a $1 million seed investment, when Swiggy was making approximately 100 deliveries a day in Bangalore.⁠[16][12]

In June 2016, Celonis completed a $27.5 million Series A. Accel later confirmed that it began working with Celonis in 2016 and led the round, placing the investment within its enterprise data analytics and automation thesis.⁠[17][18]

In a 2025 retrospective, Daniel Levine said Accel began working with Scale's founding team in August 2016, before the company had completed Y Combinator. Scale had worked from Levine's basement in San Francisco's Mission district.⁠[19]

On May 23, 2017, VCCircle described an Acko announcement of $30 million in seed financing from investors including SAIF Partners, Accel Partners, Catamaran Ventures and other institutions and individuals. The $30 million was the round's total; Accel's contribution was not broken out. Acko's own history dates its founding to 2016.⁠[20][21]

Accel's 2018 investment announcement said it co-led Monzo's £85 million financing with General CatalystGeneral CatalystGeneral Catalyst (GC) is an investment firm founded in 2000 and headquartered in San Francisco, United States, created by Joel Cutler, David Fialkow and Bill Fitzgerald, that backs companies from the seed stage through growth.Open the full entry. Monzo offered banking accounts and everyday money management through a mobile interface. The announcement emphasized user experience, customer engagement and the digital banking licensing framework. The £85 million represented the entire round.⁠[22]

Accel invested $50 million in BrowserStack's Series A, the software testing company's first outside financing. The parties had been in contact since 2012; BrowserStack had funded its development from business revenue for approximately six years. It provided developers with application testing across browsers and mobile devices.⁠[23]

In June 2018, Celonis raised $50 million in Series B funding from existing investors Accel and 83North at a $1 billion valuation.⁠[24]

In a June 26 retrospective, Accel described support beyond general operating advice, including recruitment of a chief marketing officer and a vice president of sales with US market experience. Celonis' team had grown from approximately 50 people in 2016 to more than 300, and it had established a distribution partnership with SAP.⁠[17]

Accel led the 2018 Series A of visual collaboration platform Miro, formerly RealtimeBoard. Its retrospective described customer interviews, examination of internal adoption and repeated meetings with the founding team as part of its investment evaluation. The product then had approximately two million users and 8,000 paying customers.⁠[25]

An Accel retrospective published in August 2020 stated that it invested $100 million in Bumble the preceding year, its largest investment in a single consumer company at that time. Bumble operated dating, friendship and professional networking products and listed on Nasdaq on February 11, 2021, when Accel still described itself as an active shareholder. The investment should not be recast as an initial 2020 round based on the directory's “2020 Series A” field.⁠[26][27]

SAP announced completion of its Qualtrics acquisition, bringing the company into its cloud business group while retaining its management, brand and headquarters in Provo and Seattle. The acquisition had been announced in 2018, which was not its closing year.⁠[28]

On February 12, 2019, Accel announced its investment in ChainalysisChainalysisChainalysis provides blockchain data, investigation and compliance tools for government agencies, financial institutions and cryptocurrency businesses.Open the full entry. The company used blockchain transaction analysis for law enforcement, financial institutions' anti-money-laundering work and cryptoasset compliance. Accel emphasized its infrastructure role across law enforcement, trading platforms and financial institutions. The project directory separately dates the first investment to 2018; the announcement date and directory year are retained as distinct records.⁠[29]

On March 14, 2019, Accel announced that a new group of US venture funds had raised a combined $2.5 billion. A contemporaneous retrospective described an investment approach based on advance primary research, developing technology theses and sharing research across global teams.⁠[30]

Accel emphasized teamwork and internal development: nine of its 11 US partners at that time had originally joined as associates or principals. Its stated focus included seed and Series A investment, as well as growth equity for companies largely funded by their own revenue.⁠[30]

Accel led Webflow's $72 million Series A in August 2019. Webflow offered visual website-building tools for designers, marketers and businesses, generating code from interface-based designs. In January 2021, Accel participated with Silversmith and CapitalG in a $140 million Series B; that announcement described Accel as continuing to lead.⁠[31][32]

On November 14, 2019, 1Password1Password1Password is an identity security software company headquartered in Toronto, Canada (contracting entity AgileBits Inc.). It was founded in 2005 by Dave Teare and Roustem Karimov, built its business on the password manager of the same name, and in October 2026 announced that its annual recurring revenue had surpassed $500 million.Open the full entry announced an investment partnership with Accel. Co-founder Dave Teare said Accel would invest $200 million for a minority stake, with Arun Mathew joining the board. The parties had built a relationship over approximately six years. Before this investment, 1Password had grown without outside capital.⁠[33]

1Password said it brought in Accel for experience and guidance to support expansion. It then had more than 50,000 paying business customers. The minority investment did not mean the founding team sold control of the company.⁠[33]

On December 2, 2019, Accel announced $550 million for its sixth India fund, primarily targeting seed and early-stage companies. It described portfolio support in product scaling, branding and digital marketing, organizational development and financial metrics.⁠[12]

Twilio completed its acquisition of Segment at an approximate $3.2 billion valuation on a fully diluted, cash-free, debt-free basis, paid in Twilio Class A common stock. Accel had led Segment's Series A in 2014 and co-led its growth financing in 2019. The transaction combined a customer data platform with customer communication tools.⁠[34][35]

Accel led Tailscale's Series A with participation from Heavybit and Uncork Capital. The company used technologies including WireGuard to simplify private networking between devices. On April 8, 2025, Accel announced that it was leading a $160 million Series C. AI startups also used the networking product to connect workloads across cloud environments.⁠[36][37]

On June 2, 2021, Celonis announced a $1 billion Series D at a post-money valuation exceeding $11 billion. Durable Capital Partners and funds and accounts advised by T. Rowe PriceT. Rowe PriceT. Rowe Price is a global asset management firm headquartered in Baltimore, Maryland, United States. Founded by Thomas Rowe Price Jr. in 1937, it mainly provides active equity, fixed income, multi-asset, retirement, and alternative investment management. The group’s shares trade on Nasdaq under the ticker TROW, and Rob Sharps serves as chair and chief executive officer.Open the full entry Associates co-led the round. The amount represented the company's full financing round, rather than Accel's individual contribution.⁠[18]

BrowserStack announced a $200 million Series B with continued participation from Accel. The announcement said more than four million developers at over 50,000 organizations used its products, as application testing moved from a separate testing phase into the development process. The financing and user figures describe that announcement's historical context.⁠[38]

On June 28, 2021, Accel announced three funds: a $650 million fifteenth US early-stage fund, a $650 million seventh Europe and Israel early-stage fund, and a $1.75 billion sixth growth fund. These amounts total $3.05 billion; the announcement rounded the combined amount to $3 billion.⁠[39]

On July 21, 2021, SalesforceSalesforceSalesforce is a U.S. enterprise software company headquartered in San Francisco, providing cloud applications, data platforms and AI agent tools centered on customer relationship management (CRM).Open the full entry announced completion of its Slack acquisition. The closing announcement said Slack would retain its brand and continue under its then co-founder and chief executive, Stewart Butterfield. It confirmed completion of the corporate acquisition without disclosing Accel's specific proceeds.⁠[40]

On July 27, 2021, 1Password announced $100 million in financing at a $2 billion valuation, led by Accel with participation from Sound Ventures and executives of several technology companies. Chief executive Jeff Shiner said the company remained profitable and the financing preserved the founding team's control.⁠[41]

An interview with founder Guy Podjarny published by Accel in September 2021 described Snyk's $530 million Series F at an $8.5 billion valuation. Snyk entered application security through developer use cases and expanded commercialization through enterprise purchasing. The interview discussed links between free products, community adoption and enterprise sales. The $530 million was the round's total, not Accel's individual investment.⁠[42]

AdobeAdobeAdobe (Adobe Inc.) is a software company headquartered in San Jose, California, founded in 1982 by John Warnock and Charles Geschke. Known for PostScript, PDF and creative software such as Acrobat, Photoshop, Illustrator, Premiere Pro and After Effects, it moved its main creative products to Creative Cloud subscriptions from 2013 and expanded into digital marketing and generative AI; it is listed on Nasdaq under the ticker ADBE.Open the full entry completed its acquisition of video review and collaboration platform Frame.io and brought its team into Creative Cloud. When the transaction was announced, Accel reflected on its support for the founders and collaborative product model. Adobe's closing announcement linked Frame.io to collaborative workflows in tools such as Premiere Pro and After EffectsAdobe After EffectsAdobe After Effects is Adobe’s desktop software for motion graphics, compositing and visual effects. It was developed by CoSA, a start-up in Providence, Rhode Island, which released version 1.0 in January 1993; it became an Adobe product after Aldus acquired CoSA and Aldus merged into Adobe, and in 2019 its principal developers received a Scientific and Engineering Award from the Academy of Motion Picture Arts and Sciences.Open the full entry.⁠[43][44]

Cloudera listed in 2017 and later agreed to an acquisition by CD&R and KKRKKRKKR (Kohlberg Kravis Roberts) is an investment firm engaged in alternative asset management, capital markets services, and insurance. Jerome Kohlberg, Henry Kravis, and George Roberts co-founded the firm in 1976. Its managed funds invest in private equity, credit, and real assets, and its subsidiary Global Atlantic operates retirement, life insurance, and reinsurance businesses. KKR listed on the New York Stock Exchange in 2010 under the ticker KKR.Open the full entry, which closed on October 8, 2021. The transaction announcement valued the company at approximately $5.3 billion, with shareholders receiving $16 per share in cash.⁠[45][46][47]

Miro announced a $400 million Series C at a $17.5 billion post-money valuation. Investors included Accel, ICONIQ Growth, Atlassian, Dragoneer, GICGICGIC is a long-term investment management institution wholly owned by the Government of Singapore, established in 1981 and headquartered in Singapore. It is entrusted with investing Singapore’s foreign reserves across equities, fixed income, private equity, real estate, and infrastructure, in order to preserve and enhance the reserves’ international purchasing power. The company is now named GIC Private Limited; its chairman is Lee Hsien Loong and its chief executive officer is Lim Chow Kiat.Open the full entry, Salesforce VenturesSalesforce VenturesSalesforce Ventures is Salesforce’s corporate venture capital arm. Active since 2009, it backs companies from seed through growth across enterprise software, cloud infrastructure, data, security and AI. Salesforce supplies all of its capital.Open the full entry and TCV. Miro said the funding would support product development, enterprise customer expansion and international business. The valuation relates to that financing round.⁠[48][49]

On January 19, 2022, 1Password announced $620 million in financing at a $6.8 billion valuation. ICONIQ Growth led the round, with participation from Accel, Tiger Global, Lightspeed Venture PartnersLightspeed Venture PartnersLightspeed Venture Partners backs companies from seed through late-stage financing. Its website distinguishes Lightspeed Management Company (LSVP) from Lightspeed India Partners (LSIP): the two are separately operated investment advisers, with the U.S., European, and Israeli offices belonging to LSVP and the India and Southeast Asia offices belonging to LSIP.Open the full entry, Backbone Angels and others. Will Griffith joined the board. The $620 million was the total raised in the round.⁠[50]

On March 1, 2022, Accel announced $650 million for its seventh India fund, targeting businesses in India and Southeast Asia. The firm said the fund brought its cumulative capital commitments to the region above $2 billion. Approximately 95% of its regional investments at that time had been seed or Series A investments.⁠[51]

On June 21, 2022, Accel announced a $4 billion global late-stage fund to provide expansion capital to existing and new portfolio companies. This vehicle represented a distinct strategy alongside its early-stage and growth funds.⁠[8]

On August 23, 2022, Celonis announced $1 billion in new financing arrangements. This comprised $400 million in equity at a post-money valuation approaching $13 billion and a revolving credit facility expandable to $600 million. The Qatar Investment Authority led the equity financing, with existing investors including Accel and 83North participating. Credit and equity represented different funding instruments.⁠[52]

Accel's official investment record dates its first Linear investment to 2023 and identifies Miles Clements as an associated investor. Linear provides project and issue-tracking tools for product teams.⁠[53]

Accel led AI video-generation company Synthesia's $90 million Series C, with Philippe Botteri joining the board. Synthesia generated video from text for applications including training and corporate communication. The information came from founder Victor RiparbelliVictor RiparbelliVictor Riparbelli (born 1991) is a Danish entrepreneur who in 2017 co-founded the AI video company Synthesia in London with Steffen Tjerrild, Matthias Niessner and Lourdes Agapito and became its chief executive; he led the company from AI dubbing for film and advertising to corporate training video, and Synthesia’s valuation reached $4 billion in early 2026.Open the full entry's explanation of the round.⁠[54]

Silver Lake and CPP Investments completed their Qualtrics acquisition, including all of SAP's majority stake, with shareholders receiving $18.15 per share in cash. The announcement also disclosed new investment from Accel and BDT & MSD Partners. Qualtrics' history therefore includes early investment, acquisition by SAP, a public listing and new investment in a subsequent take-private transaction, rather than fitting a simple category of fully exited holdings.⁠[55]

On December 14, 2023, Accel announced the $650 million Accel XVI, its sixteenth US early-stage fund, continuing to invest in the initial development of technology companies.⁠[56]

Nafis Jamal joined Accel in 2024, working on early-stage investments in consumer and enterprise applications and infrastructure. He had been a product manager at AdMob, co-founder and chief technology officer of MoPub, and chief executive of Elements. All three companies had received Accel backing.⁠[57]

Helsing announced a €450 million Series C led by General Catalyst, with participation from Accel, Elad Gil, Saab, Lightspeed, Plural and Greenoaks. It planned to use the funding for defense AI products and research and development. The announcement stated that the financing remained subject to government approval.⁠[58]

Permira funds completed an all-cash acquisition of Squarespace at an approximate $7.2 billion total transaction value, and the company delisted from the New York Stock Exchange. Founder Anthony Casalena rolled over most of his existing equity into the acquired company and continued as chief executive and chairman.⁠[59]

AJ Tennant joined Accel in 2025, based in London and focused on AI, SaaS and cloud computing, and fintech. He had previously built go-to-market teams at Slack and Glean and served as an early sales leader at MetaMetaMeta (Meta Platforms, Inc.) is a publicly listed American technology company, renamed from Facebook in 2021, that operates social communication, digital advertising, virtual reality, smart glasses and artificial intelligence businesses.Open the full entry, helping establish its Austin office.⁠[60]

On January 5, 2025, Accel announced its $650 million eighth India early-stage fund, focused on areas including AI, consumer businesses, fintech and manufacturing. The announcement also described the SeedToScale entrepreneurship knowledge platform and Accel Atoms program. Atoms had reached its fourth cohort, supporting 36 startups that had collectively raised more than $200 million.⁠[61]

On January 14, 2025, Accel announced its $650 million eighth Europe and Israel early-stage fund. The firm said it had supported more than 200 companies across 20 countries and over 60 cities since establishing its regional operations in 2000, spanning fields including AI, cybersecurity, fintech and data infrastructure.⁠[4]

On June 6, 2025, Accel announced its investment in AI code editor CursorCursorCursor is the trading name of U.S. AI coding software company Anysphere, Inc. and its namesake coding tool. Founded by Michael Truell, Sualeh Asif, Arvid Lunnemark and Aman Sanger, it began as an AI-native development environment forked from VS Code and later shifted toward agent-centered coding. Its November 2025 Series D valued the company at $29.3 billion post-money; on August 14, 2026, SpaceX completed an all-stock acquisition at an implied equity value of $60 billion, making Cursor a wholly owned subsidiary.Open the full entry. The announcement, by Miles Clements and Andrew Braccia, did not disclose Accel's individual investment amount.⁠[62]

On June 11, 2025, Accel announced an $82 million investment in Linear at a $1.25 billion valuation. Accel said Linear had more than 15,000 customers and remained profitable, with its earlier Series A and B funding still unspent.⁠[63]

On June 13, 2025, Accel published a retrospective on Meta's new investment in Scale, confirming an investment relationship dating to 2016. It did not disclose the portion of Accel's holdings sold, its settlement proceeds or investment returns from the transaction.⁠[19]

Helsing announced a €600 million Series D led by Prima Materia, with Accel and other existing and new investors participating. The announcement included approval conditions. The total financing amount did not represent Accel's contribution.⁠[64]

Accel announced that it was co-leading VercelVercelVercel is a cloud application development and deployment company founded by Guillermo Rauch in 2015 as ZEIT. It contributes to the open-source React framework Next.js and provides application hosting, deployment and runtime services; its products later expanded to AI SDK, v0 and infrastructure for AI applications. The company adopted its current name in 2020 and raised a $300 million Series F in 2025.Open the full entry's Series F. Its retrospective said it had announced leadership of the Series A in spring 2020, while the project directory separately dated the first investment to 2018. These records use different date definitions. Vercel expanded from front-end deployment into v0, AI Cloud and enterprise application infrastructure.⁠[65]

DoorDashDoorDashDoorDash is a local commerce platform co-founded in 2013 by Tony Xu and others that connects consumers, merchants, and delivery couriers, with its business expanding from restaurant delivery to groceries, retail goods, merchant software, and on-demand logistics. The company went public in 2020, and its businesses include Wolt, Deliveroo, and SevenRooms.Open the full entry announced that the court-sanctioned arrangement for its DeliverooDeliverooDeliveroo is a London-based delivery platform founded in 2013 by Will Shu and Greg Orlowski. It connects consumers, merchants and riders across restaurant, grocery and retail delivery. DoorDash acquired it in 2025; Miki Kuusi is its CEO in 2026.Open the full entry acquisition had become effective. Deliveroo had previously listed in London. The transaction made it part of the DoorDash group, continuing local delivery services in its principal markets.⁠[66]

On November 13, 2025, Accel announced that it co-led Cursor's $2.3 billion Series D. The total round size was distinct from Accel's individual capital contribution.⁠[67]

AnthropicAnthropicAnthropic is an artificial intelligence research and product company founded in 2021 that develops the Claude models, assistant, and tools such as Claude Code, and operates as a public benefit corporation. Dario Amodei and Daniela Amodei are its co-founders, and its research covers model safety, interpretability, and steerability.Open the full entry announced a $30 billion Series G at a $380 billion post-money valuation, naming Accel among its significant investors. GIC and Coatue led the financing for research, products and infrastructure. The announcement did not separately disclose Accel's investment amount.⁠[68]

The March 2026 Form ADV identified ACCEL MANAGEMENT CO. L.L.C as an SEC-registered investment adviser, with SEC file number 801-131163 and CRD number 331435. It used umbrella registration and listed multiple relying advisers. The Accel brand is distinct from this filing entity and its associated management entities.⁠[69]

Items 5.D and 5.F of the March 2026 Form ADV disclosed 83 pooled investment vehicle clients and $38,031,743,340 in regulatory assets under management. This RAUM followed SEC definitions and the most recent fiscal-year reporting basis. It was not equivalent to total fund commitments, net assets, uninvested capital or a valuation of the brand.⁠[69]

The same Form ADV listed the principal business address as 500 University Avenue, Palo Alto, California 94301-1812, and reported one additional investment advisory office. Accel's website displayed its global team by locations including the Bay Area, London and Bangalore. The brand's global locations and a particular registered adviser's office count under Item 1.F used different scopes.⁠[69]

On August 11, 2026, Accel announced $3.5 billion raised across four investment vehicles to support early-stage strategies in the United States, Europe, Israel and India, with additional capital for larger initial and follow-on investments. The $3.5 billion was the amount of this fundraising, measured differently from regulatory assets under management.⁠[70]

On August 14, 2026, Accel published an article congratulating Cursor on its acquisition by SpaceXSpaceXSpaceX is a company founded by Elon Musk in 2002 whose businesses include space transportation, Starlink satellite communications and artificial intelligence. It went public in 2026 under the ticker SPCX.Open the full entry. The article confirmed the portfolio company's acquisition but did not disclose the consideration or Accel's proceeds.⁠[71]

On August 26, 2026, Accel announced that it led a $99 million purchase of Linear employee shares at a $2.5 billion valuation. It was Accel's third consecutive investment in Linear. The transaction provided liquidity for employee-held shares and differed from a primary financing in which all funds went to the company.⁠[72]

As of September 9, 2026, Accel's website displayed teams by regions including the San Francisco Bay Area, London and Bangalore. The main list included Casey Aylward, Mahendran Balachandran, Philippe Botteri, Andrew Braccia, Andrei Brasoveanu, Abhinav Chaturvedi, Miles Clements, Kevin Comolli, Anand Daniel, Sonali De Rycker, Christine Esserman, Ben Fletcher, Sameer Gandhi, Sara Ittelson, Dinesh Katiyar, Shekhar Kirani, Amit Kumar, Daniel Levine, Ping Li, John Locke, Zhenya Loginov, Steve Loughlin, Arun Mathew, Subrata Mitra, Vas Natarajan, Harry Nelis, Nate Niparko, Prashanth Prakash, Matt Robinson, Barath Shankar Subramanian, Prayank Swaroop, Ryan Sweeney, Jonathan Turner, Matt Weigand and Rich Wong.⁠[73]

Kevin Comolli's individual page identified him as Emeritus.⁠[5]

Alok Bathija was a partner responsible for corporate development in India, helping portfolio companies with financing and strategic partnerships. His individual page appeared under Specialists.⁠[74]

On September 24, 2026, Accel announced its investment in Ando (team messaging)Ando (team messaging)Ando is a team messaging platform founded by Sara Du that brings people and AI agents into a shared workspace. Built around channels and messages, it emphasizes agent context, access boundaries and collaboration across tools. It launched publicly in September 2026.Open the full entry, founded by Sara DuSara DuSara Du is a software entrepreneur, co-founder of Alloy Automation and founder of Ando (team messaging). She attended Harvard before becoming a Thiel Fellow and works on integrations, product design and collaboration between people and AI agents.Open the full entry. Accel led the pre-seed round, followed by a seed round led by Index VenturesIndex VenturesIndex Ventures is a venture capital firm founded in Geneva in 1996. It invests from seed through growth and operates across London, San Francisco and New York, supporting technology companies through a transatlantic network.Open the full entry and Emergence CapitalEmergence CapitalEmergence Capital is a US venture capital firm founded in 2003 by Gordon Ritter, Jason Green and Brian Jacobs. It focuses on early-stage enterprise software and cloud services, with investments including Salesforce, Veeva, Zoom and Crunchbase, and has expanded its focus to AI software and services.Open the full entry. In the September 30 episode of Solo Founders PodcastSolo Founders PodcastSolo Founders Podcast is an interview series hosted by Julian Weisser about solo founders’ experiences with products, financing, hiring and company building. It is distributed through YouTube, Spotify and Apple Podcasts.Open the full entry, Du explained that the two rounds totaled $20 million. This was neither Accel's individual contribution nor the amount of a single round.⁠[75][76]

The following 47 representative projects illustrate Accel's investments in enterprise software, consumer platforms, AI and other fields. Listings and acquisitions in the table are company-level events. Accel's new investment in the Qualtrics take-private transaction illustrates how a company that has undergone an exit transaction may become an investment again. Financing amounts and subsequent developments appear in the relevant dated sections.⁠[77][26][13][65][55][59][66]

Accel's historical portfolio directory covers 794 public projects. Investment dates and stages are based on project directories and corresponding original announcements; listing and acquisition records describe company-level events. The historical directory is not a statement of current holdings and cannot be used directly to calculate fund proceeds.⁠[20][78][21][77][26][13][65][55][59][66]