The story of Accel

Accel. American venture capital firm; Facebook’s first venture investor.

1987 –

Jim Breyer worked at Accel. Partner.

May 2005

Accel invested in Meta Platforms. Lead investor, 2005 round, $12.7M.

Widely reported as Facebook’s Series A. Facebook’s 2012 prospectus dates its Series A financing to 2005 and lists Accel among the parties to its investors’ rights agreement.

May 2017

Accel invested in Scale AI. Led $4.5 million Series A.

Round total, not Accel’s share. May 2017 is the announcement date given by Scale’s 2018 release and Accel’s 2018 post; Scale’s own post is dated 2017-07-16.

21 May 2024

Accel invested in Scale AI. Led $1 billion Series F at a $13.8 billion valuation.

Round total, not Accel’s share; a mix of primary and secondary funding.

4 sourced connections, each with its evidence. Open the explorer to follow any of them further, filter by lens, or move through time.

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