
Accel
United Kingdom"The first partner to exceptional teams everywhere"
About
Accel, originally known as Accel Partners, is a global venture capital firm that has become a heavyweight in the tech investment world. Founded in 1983 by Arthur Patterson and Jim Swartz, the firm has grown from its Palo Alto roots into one of the most influential early-stage technology investors globally. Its defining moment came in May 2005 when Accel invested $12.7 million into Facebook, a then-revenue-less social network, securing a 10% stake that would later be worth billions. That single move turned Accel into a name synonymous with early-stage tech success.
The firm focuses on enterprise software, SaaS, and consumer internet companies, investing across seed, early, and growth stages worldwide. Over the years, Accel has backed a who's who of tech: Spotify, Slack, Dropbox, and Etsy, among others. Its approach blends hands-on support with a long-term view, often getting in on the ground floor of companies that go on to define entire categories. While not every bet pays off, Accel's track record speaks for itself, and its Facebook windfall remains one of the most lucrative venture investments in history.
Accel maintains a global footprint with offices in Palo Alto, San Francisco, London, and Bangalore, India. This allows the firm to invest across major technology hubs, with dedicated teams for the US, Europe, and India. The firm's India operations have backed numerous successful startups, while its London office covers European opportunities. Accel continues to be active in emerging areas like AI and cybersecurity, positioning itself to capitalize on new technology trends.
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Company Info
- Founded
- 1983
- Founder
- Arthur Patterson, Jim Swartz
- Headquarters
- Palo Alto, California
- Industry
- Venture Capital
- Notable Investment
- Facebook (2005, $12.7 million)
- Global Offices
- Palo Alto, San Francisco, London, Bangalore
Official Website
www.accel.com/
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