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Accelerate Fund III

220 6815-8 St NE, Calgary, Alberta, T2E 7H7, Canada

Overview

Investment fund supporting Alberta technology entrepreneurs.

Founded

2012

Deals ยท 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Canada
United States

Sector focus

Clean Energy
Finance
Financial Services
FinTech
...

Investment portfolio

20rounds
NAMEDATESIZE
Helcim Inc.
Aug 2026Participated
$38 MSeries C
Wyvern
Oct 2024Participated
$6 MOther Equity
PulseMedica
Jul 2024Participated
$9 MSeries A
PayShepherd
Mar 2024Participated
$5 MSeed
Helcim Inc.
Feb 2024Participated
$20 MSeries B
Ontopical
Sep 2023Participated
$3 MSeed
WaitWell
Jul 2023Led
$2 MSeed
Truffle
Jul 2022Led
$2 MSeed
PayShepherd
Jun 2022Participated
$3 MSeed
Userful
May 2022Participated
$10 MOther Equity
DrugBank
Apr 2022Participated
$9 MSeed
Virtual Gurus
Mar 2022Participated
$8 MSeries A
Helcim Inc.
Aug 2026Participated
$38 MSeries C
Wyvern
Oct 2024Participated
$6 MOther Equity
PulseMedica
Jul 2024Participated
$9 MSeries A
PayShepherd
Mar 2024Participated
$5 MSeed
Helcim Inc.
Feb 2024Participated
$20 MSeries B
Ontopical
Sep 2023Participated
$3 MSeed
WaitWell
Jul 2023Led
$2 MSeed
Truffle
Jul 2022Led
$2 MSeed
PayShepherd
Jun 2022Participated
$3 MSeed
Userful
May 2022Participated
$10 MOther Equity
DrugBank
Apr 2022Participated
$9 MSeed
Virtual Gurus
Mar 2022Participated
$8 MSeries A
20
Items
...
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Insights

Time horizon

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Deal Distribution

Accelerate Fund III: 20 funding rounds are recorded in the selected participation categories.All available history.
Accelerate Fund III: 20 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed44
Series A04
Series B01
Series C+01
Other Equity15

Monthly Deal Activity

Accelerate Fund III: 20 deals are recorded across 153 months.All available history.
Accelerate Fund III: 20 deals are recorded across 153 months. All available history
MonthDeals
Feb '141
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '151
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '181
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '201
Jun '200
Jul '201
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '211
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '212
Dec '210
Jan '220
Feb '220
Mar '221
Apr '221
May '221
Jun '221
Jul '221
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '231
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '241
Apr '240
May '240
Jun '240
Jul '241
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

Accelerate Fund III: Enterprise Software is the largest displayed sector by deal count (12 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Accelerate Fund III: Enterprise Software is the largest displayed sector by deal count (12 deals). All available history
SectorDeals
Enterprise Software12
Data, Analytics & IT8
Fintech5
Media & Entertainment5
Networks, Cloud & Communication4
E-Commerce & Retail3
Transportation & Logistics2
Marketing & Advertising2
Health & Life Sciences2
Professional Services2
Government & Defense1
Cybersecurity & Privacy1
Space & Frontier Tech1
Hardware & Robotics1
Food & Agriculture1
AI & Machine Learning1

Deal Size Distribution

Accelerate Fund III: 20 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Accelerate Fund III: 20 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M10
$5M-$10M5
$10M-$25M4
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Accelerate Fund III: Canada has the largest recorded deal count among the displayed regions (17 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Accelerate Fund III: Canada has the largest recorded deal count among the displayed regions (17 deals). All available history
RegionDeals
Canada17
United States2
Russian Federation1
Accelerate Fund III: 20 co-investors are shown, with BDC Capital sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Accelerate Fund III: 20 co-investors are shown, with BDC Capital sharing 3 recorded deals. All available history
Co-investorShared deals
BDC Capital3
Thin Air Labs3
Aquiline Capital Partners2
Birchcliff Partners2
Clocktower Technology Ventures2
Graphite Ventures2
Headline2
Information Venture Partners2
Nashville Capital Network2
University of Alberta2
Vesey Ventures2
Yaletown Partners2
Adventure Capital1
Alberta Innovates1
Amplitude Ventures1
Anthos Capital1
Bluesky Equities1
Brightspark Ventures1
Carallas Holdings1
Curql1

Investment Strategy

Accelerate Fund III: Led accounts for 25% and participating for 75% of round participation.All available history.
Accelerate Fund III: Led accounts for 25% and participating for 75% of round participation. All available history
CategoryDeals (count)Share (%)
Led525%
Participating1575%
Accelerate Fund III: Single-lead accounts for 60% and co-led for 40% of lead dynamics.All available history.
Accelerate Fund III: Single-lead accounts for 60% and co-led for 40% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead360%
Co-led240%

Team

Arden Tse

Investment Manager

Mark Carlson

VP, Investments

Warren Bergen

VP, Corporate Development