Category: Accel

The Series A deal that launched a near unicorn: Meet Accel’s Steve Loughlin and Ironclad’s Jason Boehmig

The only people who truly understand a relationship are the ones who are in it. Luckily for us, we’re going to have a candid conversation with both parties in the relationship between Ironclad CEO and cofounder Jason Boehmig and his investor and board member Accel partner Steve Loughlin. Loughlin led…

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Digital road freight forwarder Sennder raises $160M Series, plans European expansion

Sennder, a large digital road freight forwarder based out of Germany, has raised $160m in Series D financing. The round was led by an unnamed party, but round participants included Accel, Lakestar, HV Capital, Project A and Scania. To date, Sennder has raised more than $260m, allowing it to lay…

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Niantic buys competitive gaming platform Mayhem

Pokèmon Go creator Niantic has acquired a small SF gaming startup building a league and tournament organization platform to help gamers create their own communities around popular titles. Mayhem was in Y Combinator’s winter 2018 batch and went onto raise $5.7 million in funding according to Crunchbase. Other backers include…

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Lydia raises another $86 million to build European financial super app

French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now raising another $86 million, which means that Lydia has raised $131…

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Infra.Market raises $20 million for its B2B marketplace in India

A startup that is improving the way construction and real estate companies in India procure materials and handle logistics for their projects has received the backing of three new investors. Mumbai-headquartered Infra.Market said on Thursday it has raised $20 million in a Series B financing round. The round was led…

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Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series A

Primer, the U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding. The round was led by Accel, who I understand were quite proactive in persuading Primer to take the VC firm’s…

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