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.
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.