FOR IMMEDIATE RELEASE
March 12, 2020
Contact: Cassie Ann Hodges
WASHINGTON, DC – The National Venture Capital Association (NVCA) today presented Accel with the 2020 Venture Firm of the Year Award. The Venture Firm of the Year Award recognizes venture capital firms for their significant contributions to advance the entrepreneurial ecosystem and generate returns for their investors.
“We are honored and thrilled to recognize Accel as the 2020 Venture Firm of the Year,” said Bobby Franklin, President and CEO of NVCA. “For almost forty years, Accel has backed transformative companies all over the world. The Accel team has been a leader of our industry through their investments, their support for entrepreneurs, and their commitment to taking bold risks that have resulted in incredible returns. We congratulate them on this achievement and wish them the best of luck as they continue to support innovative companies that promise a brighter future.”
About the Venture Firm of the Year Award
The Venture Firm of the Year Award recognizes venture capital firms for their significant contributions to advance the entrepreneurial ecosystem and generate returns for their investors. Firms receiving the award are recognized for strong fund performance and high exit multiples for recent exits as well as activities to promote entrepreneurship and create a more diverse and inclusive ecosystem.
Previous recipients: ARCH Venture Partners, True Ventures, and Emergence Capital
The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the US venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit www.nvca.org.