Investors / Accel
Accel
Accel is a venture capital firm based in the United States. Accel has backed 2 Canadian AI companies in the Index, joining 3 tracked rounds and leading 2. The most recent was Modem's US$4.4M pre-seed round in February 2026. Accel most often invests alongside Bessemer Venture Partners, Burst Capital and FirstMark Capital.
VC based in US. 2 Canadian AI companies in the Index, 3 tracked rounds, 2 as lead.
- Type
- VC
- HQ country
- US
- Companies
- 2
- Tracked rounds
- 3
- Led
- 2
- First tracked deal
- Ada, Mar 2020
- Latest tracked deal
- Modem, Feb 2026
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| Modem | Pre-seed · Feb 2026 · US$4.4M round (lead) | US$4.4M | Lead |
| Ada | Series B · Mar 2020 · US$44M round (lead)Series C · May 2021 · US$130M round | C$245.1M | Led Series B |
A round's size is the whole round as announced, not this investor's cheque.
Frequent co-investors
Bessemer Venture Partners (2 shared rounds), Burst Capital (2 shared rounds), FirstMark Capital (2 shared rounds), Version One Ventures (2 shared rounds), Inovia Capital (1 shared round), Leaders Fund (1 shared round), Spark Capital (1 shared round), Tiger Global (1 shared round)
Data as of November 10, 2026.