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At a glance
Accel appears in 26 funding rounds tracked by ValueAddVC since 2025, leading 16. Its most frequent sectors in these rounds are Enterprise Software and AI & Infrastructure, and its most recent tracked deal was RapidCanvas' $29M Series B round (Oct 16, 2026). It co-invests most often with General Catalyst, Andreessen Horowitz and Bain Capital Ventures. ValueAddVC also tracks 16 funds managed by Accel.
Strategy
Stages
SeedSeries ASeries B
Sectors
AIEnterpriseSaaSConsumerFintechCybersecurityHealthcare
Geographies
USAPalo Alto, California, USA
Check size
$1M-$100MRecent changes
- Oct 16, 2026Oct 16, 2026Invested in RapidCanvas (Series B, $29M) SiliconANGLE
- Oct 14, 2026Oct 14, 2026Follow-on: Invested in Modal Labs (Series D, $750M) SiliconANGLE
- Oct 13, 2026Oct 13, 2026Invested in Scuba ($34M) SiliconANGLE
- Oct 3, 2026Oct 3, 2026Invested in Kanu AI ($11.7M) Pulse 2.0
- Oct 1, 2026Oct 1, 2026Invested in Armadin (Series B, $255.5M) TechCrunch
Earlier changes (15)
- Sep 23, 2026Sep 23, 2026Invested in Ema (Series B, $77M) TechCrunch
- Sep 15, 2026Sep 15, 2026Invested in Nuance Labs (Series A, $50M) GeekWire
- Sep 8, 2026Sep 8, 2026Invested in Forus (Series C, $150M) Bloomberg
- Sep 8, 2026Sep 8, 2026Invested in Cognition (Series E, $2B) TechCrunch
- Aug 25, 2026Aug 25, 2026Invested in Keenable (Seed, $26M) TechCrunch
- Aug 11, 2026Aug 11, 2026New fund: Accel Growth Fund 8 (target $1.4B) SEC EDGAR Form D
- Aug 11, 2026Aug 11, 2026New fund: Accel Fund 17 (target $800M) SEC EDGAR Form D
- Aug 1, 2026Aug 1, 2026Invested in Cambridge Aerospace (Series C, $300M) The Next Web
- Aug 1, 2026Aug 1, 2026Invested in Paper (Series A, $34M) Enid News & Eagle (Business Wire)
- Jul 23, 2026Jul 23, 2026Invested in AegisAI (Series A, $36M) PR Newswire
- Jun 17, 2026Jun 17, 2026Invested in Twenty (Series B, $100M) SiliconANGLE
- Jun 10, 2026Jun 10, 2026Invested in Modal Labs (Series C, $355M) Crunchbase News
- May 14, 2026May 14, 2026Invested in Fractile (Series B, $220M) Yahoo Finance
- Apr 15, 2026Apr 15, 2026New fund: Accel Leaders Fund ($4B) TechCrunch
- Mar 2026Mar 2026Invested in Legora (Series D, $550M) Wikipedia
Funds
16| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Accel Fund 17 | 2026 | target $800M | Flagship | As of Aug 11, 2026SEC EDGAR Form D |
| Accel Growth Fund 8 | 2026 | target $1.4B | Growth | As of Aug 11, 2026SEC EDGAR Form D |
| Accel Leaders Fund | 2026 | $4B | OtherLate-stage venture / growth · Late-stage / growth | As of Apr 15, 2026TechCrunch |
| Accel LP sidecar fund | 2026 | $650M | Side vehicleLP sidecar (co-investment) vehicle · Late-stage / growth | As of Apr 15, 2026TechCrunch |
| Accel Growth Fund VI Opportunities (S) | 2025 | $30M | Side vehicleSide vehicle (parallel, feeder, affiliate or SPV) — not the flagship close | As of Dec 5, 2025SEC EDGAR Form D |
Show 11 earlier funds
| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Accel Fund VIII | 2025 | $650M | OtherEarly-stage, India and Southeast Asia | As of Jan 2025Wikipedia |
| Accel Growth Fund VII | 2024 | $1.35B | Growth | As of Dec 19, 2024SEC EDGAR Form D |
| Accel Europe and Israel Fund | 2024 | $650M | OtherEarly-stage, Europe and Israel, AI and computer security focus | As of May 2024Wikipedia |
| Accel Fund XVI | 2023 | $650M | Flagship | As of Dec 14, 2023SEC EDGAR Form D |
| Accel Fund XV | 2021 | $650M | Flagship | As of Jun 29, 2021SEC EDGAR Form D |
| Accel Growth Fund VI | 2021 | $1.75B | Growth | As of Jun 29, 2021SEC EDGAR Form D |
| Accel Fund VI | 2019 | $550M | OtherIndia-focused | As of Dec 2019Wikipedia |
| Accel Fund XIV | 2019 | $525M | Flagship | As of Mar 15, 2019SEC EDGAR Form D |
| Accel Growth Fund V | 2019 | target $1.5B | Growth | As of Mar 15, 2019SEC EDGAR Form D |
| Accel Fund XIII | 2016 | $500M | Flagship | As of Mar 15, 2016SEC EDGAR Form D |
| Accel Growth Fund IV | 2016 | $1.2B | Growth | As of Mar 15, 2016SEC EDGAR Form D |
Portfolio
27 totalRecent Investment Activity
20Track record: led 16 and participated in 10 of 26 tracked venture rounds · 20 in the last 12 months · led 4 Series D, 3 Series B, 3 Series A, 1 Series E
| Date | Company | Event | Role | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|---|---|
| Oct 16, 2026 | RapidCanvas | Series B | Participated | $29M | — | Vertex VenturesLeadThe SaaS News · unverifiedHitachi VenturesunverifiedAccelunverifiedPeak XV PartnersunverifiedVertex Ventures SEA & IndiaValley Capital PartnersTitanium Ventures | SiliconANGLE |
| Oct 14, 2026 | Modal Labs | Series D | Led | $750M | $15.75B | AccelLeadunverifiedKleiner Perkinsunverified | SiliconANGLE |
| Oct 13, 2026 | Scuba | funding round | Led | $34M | — | AccelLeadunverifiedIVP (Institutional Venture Partners)LeadunverifiedBoxGroupunverifiedConvictionunverifiedHomebrewunverifiedScribble Venturesunverified | Pulse story |
| Oct 3, 2026 | Kanu AI | funding round | Participated | $11.7M | — | Pulse 2.0 | |
| Oct 1, 2026 | Armadin | Series B | Led | $255.5M | $2.5B | Andreessen HorowitzLeadunverifiedAccelLeadunverifiedBain Capital VenturesunverifiedRedpoint Venturesunverified8VCunverifiedGoogle Ventures (GV)unverifiedIn-Q-TelunverifiedKleiner PerkinsunverifiedMenlo VenturesunverifiedBallistic Ventures | Pulse story |
| Sep 23, 2026 | Ema | Series B | Participated | $77M | — | TechCrunch | |
| Sep 15, 2026 | Nuance Labs | Series A | Participated | $50M | — | GeekWire | |
| Sep 8, 2026 | Cognition | Series E | Led | $2B | $48B | TechCrunch | |
| Sep 8, 2026 | Forus | Series C | Participated | $150M | $3B | Bloomberg | |
| Aug 25, 2026 | Keenable | Seed | Led | $26M | — | AccelLeadConviction | Pulse story |
| Aug 2026 | Cambridge Aerospace | Series C | Participated | $300M | $3.4B | The Next Web | |
| Aug 2026 | Paper | Series A | Led | $34M | — | AccelLeadunverifiedIconiq CapitalLeadunverifiedDesigner FundunverifiedMichael GrinichunverifiedAnton Osikaunverified | Enid News & Eagle (Business Wire) |
| Jul 23, 2026 | AegisAI | Series A | Participated | $36M | — | Battery VenturesLeadAccelTechCrunchFoundation CapitalTechCrunchAbnormal SecuritySublime SecurityMaterial Security | Pulse story |
| Jun 17, 2026 | Twenty | Series B | Led | $100M | $1B | AccelLead | SiliconANGLE |
| Jun 10, 2026 | Modal Labs | Series C | Participated | $355M | — | Crunchbase News | |
| May 14, 2026 | Fractile | Series B | Led | $220M | — | Yahoo Finance | |
| Mar 2026 | Legora | Series D | Led | $550M | $5.55B | AccelLead | Wikipedia |
| Feb 12, 2026 | Anthropic | Series G | Participated | $30B | $380B | TechCrunch | |
| Jan 15, 2026 | Higgsfield | Series A | Led | $80M extension ($130M+ total Series A) | $1.3B+ | PR Newswire | |
| Nov 13, 2025 | Cursor | Series D | Led | $2.3B | $29.3B | CNBC |
Sector / Stage Activity
By sector (portfolio)
AI infra
7 · 26%
Enterprise SaaS
4 · 15%
Developer tools
4 · 15%
Defense
3 · 11%
Cybersecurity
2 · 7%
Semiconductors
1 · 4%
Legal tech
1 · 4%
Software
1 · 4%
By stage (tracked rounds)
Series B
5 · 25%
Series A
5 · 25%
Series D
4 · 20%
Series C
4 · 20%
Seed
2 · 10%
Series E
1 · 5%
Series G
1 · 5%
Series F
1 · 5%
Co-Investors
12Similar Firms
overlapping sector, stage or regionLatest Pulse
- Sep 3, 2026Thinking Machines Nears $1B Round at $40BAccel is reportedly in talks to lead a $1 billion round for Mira Murati's Thinking Machines at a $40 billion valuation -- more than 3x its $12 billion seed mark, but below the $50 billion figure it was targeting late last year.→
- Aug 25, 2026Accel-Backed Keenable Raises $26M to Index Web for AIKeenable, founded by former Yandex and Amazon Alexa search engineers, raised a $26 million seed round led by Accel to build a web search index purpose-built for AI agents rather than human browsers.→
- Aug 11, 2026Accel Raises $3.5B for Early-Stage Global AI BetsAccel closed a $3.5 billion early-stage fund split across the US, Europe/Israel and India, its second major AI-focused vehicle in four months after backing Anthropic, Cursor and Perplexity.→
- Aug 11, 2026Accel's India Fund Closes Oversubscribed in WeeksAccel closed its ninth India-focused fund at $550 million, oversubscribed and completed within weeks, even though the firm still has more than 55% of its prior $650 million India vehicle left to invest.→
- Aug 4, 2026Defense Startup Twenty Technologies Raises $100M at $1BArlington-based cybersecurity and defense startup Twenty Technologies raised a $100M Series B led by Accel at a $1B valuation, joining a growing cohort of defense-tech companies crossing unicorn status this year.→
- Jul 23, 2026Paper Raises $34M for AI-Native Design PlatformPaper, an AI-native design platform for teams shipping software with coding agents, raised a $34 million Series A led by Accel and ICONIQ, with angel backing from Anthropic and OpenAI engineers.→
- Jun 18, 2026Twenty Raises $100M at $1B -- America's First VC-Backed Cyber Warfare StartupTwenty Technologies, an Arlington-based startup building automated offensive cyber operations for the U.S. military and intelligence community, raised a $100 million Series B at a $1 billion valuation led by Accel, with Point72 Ventures, Caffeinated Capital, and Friends & Family Capital participating. The round, which brings total funding to $138 million, mints a defense-tech unicorn in a category most VCs avoided a few years ago.→
- Jun 17, 2026Cyber-Warfare Startup Twenty Raises $100M Series B at a $1B ValuationTwenty, an Arlington-based startup building AI-enabled offensive cyber systems for the US military and intelligence community, raised a $100 million Series B led by Accel at a $1 billion valuation. Founded only in 2024, it's billing itself as America's first VC-backed cyber-warfare company and just hit unicorn status.→
- Jun 17, 2026Cyber-Warfare Startup Twenty Raises $100M Series B at a $1B ValuationTwenty, which bills itself as America's first VC-backed cyber-warfare company, raised a $100 million Series B led by Accel at a $1 billion valuation, with Point72 Ventures and Caffeinated Capital joining. The startup builds AI-enabled, end-to-end offensive and defensive cyber systems for the US military and intelligence community.→
Accel FAQ
What is Accel's latest fund?
Accel Leaders Fund, closed at $4B (As of Apr 15, 2026; TechCrunch).
How large are Accel's funds?
Accel funds Value Add tracks include Accel Leaders Fund ($4B, 2026); Accel Fund VIII ($650M, 2025); Accel Growth Fund VII ($1.35B, 2024); Accel Europe and Israel Fund ($650M, 2024), out of 16 Accel funds tracked in total.
What companies has Accel invested in?
Accel's portfolio includes RapidCanvas, Modal Labs, Anthropic, Scuba, Kanu AI, Supabase, and 21 more tracked companies.
Who does Accel co-invest with most?
In the rounds Value Add tracks, Accel most often invests alongside General Catalyst (7 shared deals), Bain Capital Ventures (6 shared deals), Nvidia (6 shared deals), Andreessen Horowitz (5 shared deals), Coatue Management (5 shared deals).
Sources & methodologyshow
Where these figures come from
- PR Newswireprimary source1 fact
- PR Newswireprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.