Accomplice (company)

This article is about the venture capital firm Accomplice, previously known as Atlas Venture. For the Atlas Venture life sciences team, see Atlas Venture.
Accomplice
Private
Industry Venture Capital
Headquarters Cambridge, Massachusetts, U.S.
Products venture capital funds
Total assets $200 million
Number of employees
20
Website www.accomplice.co

Accomplice is an early-stage venture capital firm that invests in technology startup companies, with specialties in cybersecurity, eSports, data analytics, S&B class software, emerging hardware platforms, and marketplaces. Accomplice is one of the most active early stage firms in New England.[1] A majority of Accomplice’s investments are in Boston, with others throughout the U.S., in Canada, and in the E.U.

Accomplice is headquartered in Cambridge, Massachusetts. Formerly known as Atlas Venture, the firm announced in October 2014 that it was splitting its technology and life sciences franchises.[2] The technology group renamed as Accomplice; the life sciences group retained the name Atlas Venture.

The technology group, then operating as FKA (Formerly Known as Atlas), crowdsourced its search for a new name in March 2015.[3] “Accomplice” was chosen and the individual who pitched the name won a $25,000 investment in the new fund and $25,000 to donate to a TUGG nonprofit.[4]

Accomplice’s partners Jeff Fagnan, Jon Karlen, Christopher P. Lynch, and Ryan Moore have invested in over 180 companies.[5] A sample of current investments include AngelList, Carbon Black, clypd, DataRobot, DataXu, DraftKings, FreshBooks, Hopper, InsightSquared, Integral Ad Science, Joist, Lagoa, Mojo Motors, MOO, Patreon, PillPack, Recorded Future, Skillz, sqrrl, Threat Stack, Valore, Veracode, and Zoopla.

Accomplice has created multiple community initiatives, including: Maiden Lane, an investment platform built to invest in AngelList Syndicates; Boston Syndicate, an investment program that sponsors local investments made by New England-based founders and angels; TUGG (Technology Underwriting Greater Good), a nonprofit connecting Boston’s technology and youth-focused nonprofit communities; and hack/reduce, a nonprofit cultivating big data experts and companies in Boston.[6]

The Accomplice partners raised over $3.0 billion investor commitments across nine funds as part of Atlas Venture. In March 2015, Accomplice closed its tenth fund and its first under its new name with an oversubscribed $200 million tech-only fund.[7]

References

  1. . Boston Globe, October 2, 2014
  2. . Fortune, October 2, 2014
  3. . TechCrunch, March 16, 2015
  4. . BetaBoston, June 29, 2015
  5. . AngelList
  6. . TechCrunch, January 18, 2015
  7. . Pando, March 16, 2015

External links

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