Accomplice

Accomplice is a prominent seed-led venture capital firm based in Cambridge, Massachusetts, known for its early-stage investments in technology startups. Emerging from the successful seed practice of Atlas Venture, the firm was founded by partners like Ryan Sweeney and Jeff Fagnan. Accomplice primarily targets disruptive companies across various sectors, including B2B SaaS, fintech, consumer technology, and deep tech, with a strong emphasis on backing visionary founders from their earliest stages. Their investment philosophy centers on identifying and supporting companies with the potential for significant market disruption and growth.

The firm's "seed-led" approach means they are often the first institutional capital providers, typically writing initial checks ranging from $500,000 to $3 million. They are known for their hands-on approach, providing strategic guidance and leveraging their extensive network to help portfolio companies scale from inception. Accomplice is not afraid to take calculated risks on nascent ideas, aiming to identify and nurture the next generation of market leaders by providing not just capital but also operational expertise and connections.

Accomplice boasts a robust portfolio with several high-profile successes and exits. Notable investments include DraftKings, a leading sports betting and fantasy sports company, and PillPack, an online pharmacy acquired by Amazon for $753 million. Another significant exit was Carbon Black, a cybersecurity firm acquired by VMware for $2.1 billion. The firm has consistently raised substantial funds, including Accomplice V, which closed with $200 million in 2020, demonstrating their continued capacity to deploy significant capital into promising early-stage ventures. Their track record underscores their ability to spot and cultivate companies that achieve substantial market value and impact.