Accel Partners was founded in 1983 by Arthur Patterson and Jim Swartz. The company is an American venture capital firm that works with startups in seed, early, and growth-stage investments.
In 2001, Accel opened its London office as a separate fund, to invest in European technology companies.
In April 2016, the company raised a separate $500 million fund for investments in Europe and Israel.
In November 2016, Accel’s India arm closed its fifth fund with $450 million, about two years after closing its fourth fund with $325 million.
In May 2021, Accel partner Prashanth Prakash was appointed as an advisor to the chief minister of Karnataka.
Also in May 2021, Accel Robotics announced the soon-to-be-open Valet Market, an automated shopping experience for modern communities. Valet Market is an autonomous community market offering 1,500 square feet of retail space within Brookfield’s luxury high-rise community, Vantage Pointe, in San Diego’s East Village.
Accel maintains a corporate office in Palo Alto, California.
Accel Partners was founded in 1983 by Arthur Patterson and Jim Swartz. The company is an American venture capital firm that works with startups in seed, early, and growth-stage investments.
In 2001, Accel opened its London office as a separate fund, to invest in European technology companies.
In April 2016, the company raised a separate $500 million fund for investments in Europe and Israel.
History
In November 2016, Accel’s India arm closed its fifth fund with $450 million, about two years after closing its fourth fund with $325 million.
In May 2021, Accel partner Prashanth Prakash was appointed as an advisor to the chief minister of Karnataka.
Also in May 2021, Accel Robotics announced the soon-to-be-open Valet Market, an automated shopping experience for modern communities. Valet Market is an autonomous community market offering 1,500 square feet of retail space within Brookfield’s luxury high-rise community, Vantage Pointe, in San Diego’s East Village.
Accel maintains a corporate office in Palo Alto, California.
