Accel

Overview

Aug 2026 family: $1.35B global expansion, $800M US, $800M Europe/Israel, $550M India. April 2026: $4B Leaders V plus $650M sidecar (about $5B total).

Runs Accel Atoms, accelerator ($2M).

Notable portfolio companies

• Facebook
• Atlassian
• Dropbox
• Slack
• Flipkart
• Spotify
• CrowdStrike
• Swiggy

Funds

LPs on the record

12 private foundations list on their latest IRS Form 990-PF, and 9 other LPs report holding Accel’s funds.

• Swartz Foundation Trust Private foundation · 31 funds
• State of Michigan Retirement System (SMRS) Public pension plan · 27 funds
• The Leona M and Harry B Helmsley Charitable Trust Private foundation · 16 funds

18 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.

Firms whose LPs overlap

The firms sharing the most LPs on record with Accel, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.

• Accel India 5 LPs in common
• Greycroft LP 5 LPs in common
• Broadvail Capital Partners, LLC 2 LPs in common
• Blue Bear Investment Group, LLC 2 LPs in common
• Westbridge Capital 2 LPs in common
• General Catalyst 5 LPs in common

Find LPs for Accel and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.

Track record

A score of 50 out of 100 from 2 of the 30 funds public LPs report, 1 of them in the top half of their vintage. Its ranked funds’ median TVPI is 2.47x and median DPI 2.40x. Pooled where reports give cash flows: 0.86x TVPI, 0.83x DPI. That ranks it 68th of 123 managers with a score.

Each fund once, as the latest of 3 LPs’ reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.

Reported fund performance

As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.

Colorado Public Employees' Retirement Association (Colorado PERA): Colorado PERA Private Equity Holdings, as of December 31, 2025. The IRR is the column PERA heads "Colorado PERA's Since Inception IRR"; PERA does not label it net or gross. PERA states that the limited partnership recordkeeping, including the IRR, is maintained internally by PERA for each limited partnership, that its IRR calculation method may differ from the methods used by the general partners or other limited partners, and that none of the information has been reviewed or approved by the general partners. 5 partnerships are marked "NM" (not meaningful) and have no IRR. PERA lists each partnership's vintage year, capital committed ("original primary commitments"), capital contributed and capital distributed in whole dollars, and no fair value or multiple, so total value and TVPI are blank (PERA says disclosure for this asset class is limited to this information, as required by Colorado Revised Statute § 24-51-213(3)); DPI = capital distributed / capital contributed is computed, and is blank for the 5 partnerships whose capital distributed is printed as a negative amount. 41 partnerships carry PERA's footnote "Assets transferred subsequent to 2010 merger of Denver Public Schools Retirement System" and are listed under vintage year 2010, the year of the merger; their vintage is left blank. All 425 rows of PERA's Private Equity list are included, liquidated partnerships among them, as PERA classifies them (buyout, growth, venture, secondaries, co-investments and some credit, mezzanine and energy partnerships); its separate Alternatives, Hedge Funds and Real Estate lists are not imported. View source

LACERA: LACERA Private Markets Holding Report (Private Equity), as of March 31, 2026. "ITD IRR" (inception to date) and "Investment Multiple" as printed by LACERA, which does not label the IRR net or gross and does not say in the report how or by whom it is calculated or when it is not meaningful, so IRRs of very young funds are shown as printed. The Investment Multiple equals (distributions + market value) / contributions and is used as TVPI; total value = distributions + market value and DPI = distributions / contributions are computed. Dollar amounts are rounded to whole dollars. Only holdings LACERA classes as Private Equity are included (not its real estate, hedge fund, illiquid credit or real assets holdings). 9 commitments with nothing contributed yet have no market value, multiple or IRR, and 3 new commitments are listed without any amounts. View source

State of Michigan Retirement System (SMRS): State of Michigan Investment Board Report: SMRS Private Equity, Net Market Value by Entity, as of December 31, 2025. The State of Michigan Investment Board lists each private equity entity with only two amounts, an "Adjusted Reported Value" (shown here as the market value, in whole dollars as printed) and an "Unfunded Commitment" (not shown). It reports no commitment amount, contributions, distributions, vintage year, multiple or IRR per fund, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. The report does not define how the reported value is adjusted. Every entity in the Private Equity table is included as classified by the Board (buyout, growth, venture, secondaries, co-investment and separate-account vehicles); the Real Estate and Infrastructure, Real Return and Opportunistic, and Absolute Return tables are not imported. The entities add up to the Board's printed Total of $24,750,150,762 reported value and $7,378,170,291 unfunded; its "Short Term Investments and Other" and "Income Accruals" lines are not funds and are left out. 4 entities are marked by the Board as new commitments made during the quarter. View source