Accel Starters Scout Program
Scout Program
Discover how to join
Accel Starters Scout Program
including requirements, application process, and compensation and explore other programs to join!
Scout Program
Join the Superscout community!
🌍 Meet other scouts globally.
👀 Get first dibs on new scout programs and VC openings.
✨ Get feedback and investor recommendations for your deal memos.
✌️ Learn and grow together as a community!
Accel is a major venture capital firm that invests in individuals and their businesses from the beginning to the end of their development. Among the startups the firm has funded over the last 35 years are Atlassian, Braintree, Cloudera, CrowdStrike, DJI, Dropbox, Dropcam, Etsy, Facebook, Flipkart, FreshWorks, Jet, Qualtrics, Slack, Spotify, Supercell, UiPath, and Vox Media.
Business Insider broke the news of the European launch, calling Starters “Accel’s answer to Sequoia’s famed scout network.”
Sifted highlighted the $200 k cheque size and labelled the club “an exclusive circle for experienced operators across 10 countries”.
Silicon Canals and Startups Magazine later reported that the pool of scouts had doubled to 40 and was fuelling Accel’s new €602 million early‑stage fund.
The Recursive profiled regional participants, noting the programme “empowers up‑and‑coming operators to become angel investors and mentors.”
How big is each scout’s allocation?
Each scout typically receives $200 000 to deploy over two to three years.
Can scouts invest outside their home geography?
Yes—cheques can back founders anywhere, though most focus on markets they know deeply.
Do scouts need to be accredited investors?
No personal capital is required, so accreditation is not mandatory; legal checks focus on ethics and compliance.
Is there a formal curriculum?
No classroom component; learning happens through quarterly calls and peer exchange.
What happens if a scout’s deal under‑performs?
No claw‑backs on principal; carried interest only pays out on positive returns.
Can a scout graduate into a full‑time Accel role?
While rare, scouts with exceptional deal judgement may be invited to join the investment team.
Are the terms the same in the US and Europe?
Yes, though cheque sizes can vary; Europe currently mirrors the US at $200 k.
How is deal diligence handled?
Scouts present a short memo; Accel runs light diligence before wiring funds.
Can founders cold‑apply to a scout?
Yes—Accel publishes its scout list, and founders are encouraged to pitch them directly.
Does Accel guarantee follow‑on funding?
No guarantee, but the core fund evaluates every scout deal for potential participation.
Accel, the US venture capital (VC) giant, has launched a startup scouting program in Europe, building on the legacy of its US project. Scouts in the “Starters” program are allocated $200К each to find, invest in, and nurture European startups with growth potential.
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