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Accel

Accel

Venture Capital

Accel is a venture capital firm with a portfolio spanning companies such as Spotify, Monzo, Slack, and Dropbox.


Recent investments

Seed
£500K

The pre-seed round was led by Monzo founder Tom Blomfield and values the company at £5m.

"Lottie will be the care industry’s most advanced technology platform, optimised to simplify, streamline, and supercharge the care home search process. Care seekers are given the freedom to design their dream care experience on Lottie, while care partners benefit from higher resident admissions, increased revenue and a streamlined booking process. Our tech platform has been built with both care seekers and care providers in mind."
— Chris Donnelly, Co-Founder
Series C
£46.0M

March Capital led the Series C round, which values the enterprise security firm at $500m and brings total funding to over $120m.

"The security of our operations and data is paramount to the success of Arm, and we’re committed to empowering our people to make sound security decisions while doing their jobs effectively. The concept of human layer security is becoming a critical part of doing business today. Tessian enables us to reduce risk across the organization by providing valuable tools and knowledge to not only stop threats like advanced phishing attacks and accidental data loss, but also continually improve the security behaviors of our teams as the threat landscape evolves."
— Tim Fitzgerald
Series B
£32.4M

Accel led the Series B round with participation from GV, Salesforce Ventures, and existing investors.

"Over the past few years, we’ve seen the low-code revolution sweep multiple industries but in financial markets, legacy vendors and generalist low-code providers still dominate. Many firms are missing out on the benefits of low-code programming – agility, value and flexibility – at a time in which they’ve never needed it more. We knew there had to be a better way to build software in financial markets and enterprises more broadly. Our low-code application platform is a game changer, democratising product design and helping firms deliver digital innovation quicker and with less code. We are excited to have Accel on board who has a long track record in supporting category-leading companies in low-code and enterprise automation."
— Stephen Murphy, CEO