Money to money: one of the world's largest venture capital funds Accel Partners raised $ 2 billion, despite the crisis
Venture Fund with a 33-year history of Accel Partners accomplished the feat. Under the conditions of economic instability, the fund raised $ 2 billion. Accel collected these funds in two months. Of these, $ 500 million will be invested in companies in the early stages of development (sowing and series A), and $ 1.5 billion will go to support more mature projects that have already become profitable thanks to the efforts of their owners, reports TechCrunch.
Such, for example, is the 14-year-old online research platform Qualtrics . Accel Partners invested in it last year.
Last time, the fund raised funds two years ago. Then he received $ 475 million in investment in companies in the early stages of development and $ 1 billion in support of more mature projects. One of the senior partners of the Rich Wong Foundation said that the Accel management considers it optimal to raise funds once every 2-3 years - no more often.
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In the early stages, the fund invests in projects from $ 500,000 to $ 8 million. At the growth stage, the average investment is $ 35 million.
Accel's portfolio companies are Cloudera , Slack , Dropbox , Atlassian and many others. According to crunchbase data , there are 341 of them. In total, the fund raised $ 17.06 billion. Accel spent 28 IPOs and 154 acquisitions.
The fund mainly concentrates on projects from the USA. However, he sometimes allows himself to make an exception for the sake of such companies as Atlassian (Sydney, Australia).
Accel created a new $ 305 million fund a year ago to invest in Indian startups in the early stages.
According to the ENTREPRENEUR edition, in 2015 Accel ranked fourth in the TOP 100 venture capital funds investing in the early stages.
Such, for example, is the 14-year-old online research platform Qualtrics . Accel Partners invested in it last year.
Last time, the fund raised funds two years ago. Then he received $ 475 million in investment in companies in the early stages of development and $ 1 billion in support of more mature projects. One of the senior partners of the Rich Wong Foundation said that the Accel management considers it optimal to raise funds once every 2-3 years - no more often.
')
In the early stages, the fund invests in projects from $ 500,000 to $ 8 million. At the growth stage, the average investment is $ 35 million.
Accel's portfolio companies are Cloudera , Slack , Dropbox , Atlassian and many others. According to crunchbase data , there are 341 of them. In total, the fund raised $ 17.06 billion. Accel spent 28 IPOs and 154 acquisitions.
The fund mainly concentrates on projects from the USA. However, he sometimes allows himself to make an exception for the sake of such companies as Atlassian (Sydney, Australia).
Accel created a new $ 305 million fund a year ago to invest in Indian startups in the early stages.
The last investment Accel took place in early March 2016. The fund has invested $ 3 million in the online marketplace Ninjacart .The company was founded in 1983 by Arthur Patterson and Jim Schwartz. The size of the fund was in 1983 from $ 64 million. In December 2008, the company announced the creation of a fund of $ 480 million for investment in the development of information technology, the Internet, digital media, a mobile network, and software.
According to the ENTREPRENEUR edition, in 2015 Accel ranked fourth in the TOP 100 venture capital funds investing in the early stages.
Source: https://habr.com/ru/post/299358/
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