Accel

India is at a pivotal moment in its growth journey. The possibilities ahead are as vast as the ambition of the founders we partner with. With rising incomes, rapid digital adoption and a public infrastructure which is only getting more robust, the surface area of opportunity for founders to build innovative businesses is huge. With our eighth fund for India, our mission continues to be providing escape velocity to bold, audacious founders. Read more: https://lnkd.in/ghxXUbUQ

Discipline doesn’t undermine ambitious growth; it fuels it. Accel Growth Fund 7: https://lnkd.in/ghY2vuhm

We’re excited to announce Accel’s $48M Series A in Nuitée | Enabling all companies to build travel solutions: a global infrastructure provider powering the travel and hotel industry. Led by CEO Mohamed Benmansour (Med), Nuitée has quietly built a profitable and disruptive business over the past seven years, simplifying complex travel ecosystems into a single, user-friendly API. Nuitée's modern tech stack and strong hotel and travel relationships with giants like Hopper, Expedia, Priceline, Google, Hilton, and Sabre, offer a much-needed alternative in a fragmented industry. We can’t wait to partner with Med and his team as they work towards becoming the API backbone of the travel industry. Read more from our partner Ben Fletcher #AccelFamily https://lnkd.in/gf-nwBs7

"We see companies that are gaining real traction and driving real value both in enterprise and consumer." Matt Weigand of Accel sees real growth emerging from AI applications and further maturation of AI agents to come https://trib.al/rrOD65P

The Information posted this morning sharing that Cinder is among a shortlist of OpenAI's software providers entrusted with their customer data. Cinder is listed among impressive company, speaking to the caliber of the team and the robustness of the solution they've built. OpenAI is just one of many scaled implementations of their technology to ensure that cutting edge AI can be deployed safely without compromising innovation speed. Cinder is utilized by other leading consumer AI companies to ensure compliance with their Acceptable Use Policies. If you are building with AI, and concerned about everything from detection through to taking action on safety issues that arise in non-deterministic user-facing AI solutions, you should take a look at Cinder. Kudos to the Cinder team on being entrusted with this important work, proving that this "little-known" company won't be little-known for long. 😊 https://lnkd.in/g9WxkcEC

The way we learn to speak new languages is undergoing a fundamental shift. For thousands of years, humans have sought tools to unlock the secrets of language learning. From carving inscriptions on the Rosetta Stone to selling language lessons on late-night infomercials and creating gamified apps for our phones, we’ve tried nearly everything. Yet, despite these efforts, most of us are left with only a handful of memorized phrases—not true fluency. Speak is proving that AI changes everything. Their AI tutor replicates the personalized, interactive experience of learning to speak a new language in conversation with a native speaker—and makes it accessible to anyone motivated to start. In Asia, Speak’s impact has been extraordinary: ⏩ 10M app downloads ⏩ 6% of Koreans have achieved fluency with Speak ⏩ 1 billion sentences spoken on the app this year alone We’re excited to partner with Connor Zwick, Andrew Hsu, and the incredible Speak team as they turn their sights to the rest of the world. Our Series C investment will help fuel their launches across Europe, Latin America, and the US and the continued growth of their thriving business offering.

📣 We’re proud to announce that the editors of Cybercrime Magazine have named George Kurtz, #CrowdStrike Founder and CEO, Cybersecurity Person of the Year “for his outstanding contributions to the industry in 2024.” 🔗 Read the full story: https://lnkd.in/eHrCfKPf #Leadership #CrowdStrike #Cybersecurity

We’re thrilled to share that Donut has acquired Gatheround! We’ve long admired what they’ve built: an engaging, powerful product that delivers a delightful user experience, a world class team, and a large, devoted community of customers. We also have long shared values and customers, plus complementary product offerings. We couldn’t be more excited to build on their success and bring our products together to offer an even more complete suite of tools for anyone building employee experience programs. Huge shoutout and thank you to Lisa Conn and the whole Gatheround team for everything they’ve accomplished! More in our post below:

Probably unbeknownst to most, while consumer fintech was "in a jam" over the last couple of years, Public has grown pretty much every metric, every single quarter since the end of 2021. Many of them exponentially so. (More on this in the post, but spoiler alert: there's a near-perfect correlation between customer deposits and sheer product velocity.)) Super proud of the Public team for keeping their heads down and executing with great discipline through all the different phases and shifts in the markets over the past few years -- and thankful to Accel for being a great partner once again.

Today, we’re excited to share our investment in Nebius, a full-stack AI platform built for intensive AI & ML workloads. As AI reshapes industries and drives innovation, reliable, scalable infrastructure has become paramount. Nebius, with its years-long expertise in building one of the top tech infrastructures, delivers a vertically integrated AI-native solution optimized from data center to cloud platform. We’ve been fortunate to know the Nebius team since its early days, and we’re thrilled to partner with founder Arkady Volozh and the entire team in fueling this era of rapid AI innovation. Read more from our partner, Matt Weigand, on today’s news #AccelFamily https://lnkd.in/gHr52M2t