Accomplice

Overview

Accomplice is an early-stage venture capital firm based in Massachusetts that invests in technology startups in sectors including cybersecurity, eSports, data analytics, SMB software, emerging hardware platforms, and marketplaces.¹² Formed in 2015 from the split of Atlas Ventures, it focuses on seed-led investments across the US with a high-conviction, concentrated approach and notable exits like DraftKings, Datadog, and Snap.² The firm manages 9 private equity funds and supports diverse initiatives such as operator-angel movements and blockchain investments.¹²

History

Accomplice was formed in 2015 as a result of the split of Atlas Ventures' businesses, with Atlas continuing in healthcare and Accomplice focusing on IT and technology investments.¹²⁴ It operates as a seed-led VC firm investing primarily in US-based technology startups.²⁵ Key milestones include raising $405 million for its final fund in 2022 and achieving successful exits with portfolio companies like DraftKings, Datadog, and Snap.²

Notable Products

• Accomplice Fund I - Early fund from post-split operations focusing on seed-stage tech investments.
• Spearhead - Initiative supporting the operator-angel movement.
• Accomplice Blockchain - Dedicated effort in the blockchain sector.

Reputation

Accomplice is recognized by investors for its strong track record in seed-stage tech investments and successful exits like DraftKings and Datadog.² Professionals note its federated VC model and role as anchor LPs in solo GP funds as strengths in supporting diverse strategies.² It is perceived as patient and high-conviction, aiding founders in building market-leading companies.²