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About Intel Education Accelerator

Intel Education Accelerator, an accelerator and incubator program founded in 1968, is based in Santa Clara, United States. With a presence in 17 countries, it has supported around 94 startups in sectors like Enterprise Applications, High Tech. As of Oct 2026, Intel Education Accelerator has 5 unicorns under its belt and has witnessed 48 portfolio exits. Most notable companies in its portfolio include Segway, Ozon and Espressif. The program primarily supports Series B startups based in United States. Its latest investment was a $25M Series B round in Lilt on May 12, 2020, which also saw participation from XSeed Capital and Zetta Venture Partners.
Key Metrics
Founded Year
1968
Location
Santa Clara, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Series A, Series B & 6 more
Locations of Investment
Unicorn in Portfolio

Intel Education Accelerator's List of Top Investments

Intel Education Accelerator has a portfolio of 94 companies, including 5 unicorns. Their most notable investments are in AnDAPT and Kinduct.Their portfolio spans across United States, Canada, China and 14 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 24 other sectors, across stages such as Series A, Series B  and 6 more. Here is the list of top investments by Intel Education Accelerator:
Manufacturer of multi-category electric vehicles. The company develops electric vehicles for personal, commercial, Powersports, and more purposes. It offers various vehicles like electric kick-scooters, go-karts, electric skateboards, electric dirt bikes, all-terrain electric vehicles, and more. Also, it offers AI-enabled robots for delivery and logistics purposes. It offers features like a dual suspension system, ease of maintenance, and more.

Key facts about Segway

  • Founded Year: 1999
  • Location: Arcadia (United States)
  • Stage: Acquired
  • Total Funding till date: $102M
  • Employee Count: 340 as on Aug 31, 2026
  • Investors: GIC, TriplePoint Capital and 14 Others
  • Latest Funding Round: Series E, Jan 04, 2016, $*****
  • Highlight: Acquired

2. Ozon

Online marketplace offering multi-category consumer products. The product catalog includes fashion, electronics, baby care, books, cosmetics, home improvement products, and more. The mobile application is available for Android and iOS users.

Key facts about Ozon

  • Founded Year: 1998
  • Location: Moscow (Russia)
  • Annual Revenue: $500M - $1B as on Dec 31, 2019
  • Stage: Public
  • Total Funding till date: $442M
  • Employee Count: 2 as on Aug 31, 2026
  • Investors: Princeville Capital, Princeville Global and 16 Others
  • Latest Funding Round: Post IPO, Mar 30, 2020, $*****
  • Highlight: Public
Provider of wireless communication chips, software, cloud, and AIoT solutions. They offer a range of SoCs, modules, and development kits for various applications. The company delivers software development kits, including those for matter, and cloud-based platforms. They provide resources, technical documents, and support services to assist developers.

Key facts about Espressif

Online retailer of clothing, shoes, and home decor items. The business provides a platform for shoppers seeking fashion and lifestyle products. It focuses on offering options that cater to various customer needs. The business aims to make online shopping accessible for users.

Key facts about Snapdeal

Provider of supply chain detection and response and risk management. The platform offers vendor detection, questionnaires, and external attack surface management. It provides cyber risk quantification, threat intelligence, and vulnerability intelligence. The business offers services such as digital forensics, incident response, and penetration testing. It helps manage and mitigate risks across the digital ecosystem. The platform facilitates vendor collaboration and enables workflows.

Key facts about SecurityScorecard

Intel Education Accelerator's Investments by Stage

Intel Education Accelerator has made 31 investments in Series A stage with an average round size of $14.9M, 26 investments in Series B stage with an average round size of $17.7M and 7 investments in Seed stage with an average round size of $4.1M.
Here are Intel Education Accelerator's investments by stage:
Stage of entry
No. of Investments
Series A
31
Series B
26
Seed
7
Series C
6
PE
3
Others
7
Breakdown of Intel Education Accelerator's investments by stage of entrySeries A (31)Series B (26)
Note: We have considered here, only first round of investments

Intel Education Accelerator's Investments by Sector

Intel Education Accelerator has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Semiconductors and Internet of Things - Industry Applications. Notably, it has invested in 89 Tech companies, 79 Enterprise (B2B) companies, 62 Software companies and at least 32 companies focusing on Saas.
Here are Intel Education Accelerator's investments by sector:
Sector
No. of Investments
Enterprise Applications
47
Enterprise Infrastructure
25
High Tech
25
Semiconductors
16
Internet of Things - Industry Applications
8
Others
77
Breakdown of Intel Education Accelerator's investments by sectorsEnterprise Applic... (47)Enterprise Infras... (25)
Note: We have considered here, only first round of investments

Intel Education Accelerator's Investments by Geography

Intel Education Accelerator has made most investments in United States (46), followed by Canada where it has made 7 investments.
Here are Intel Education Accelerator's investments by geography:
Country
No. of Investments
United States
46
Canada
7
Israel
7
China
6
France
4
Others
13
Breakdown of Intel Education Accelerator's investments by countriesUnited States (46)Canada (7)
Note: We have considered here, only first round of investments

Intel Education Accelerator's recent investments

Intel Education Accelerator has not made any investment in 2026 so far.
Here are the most recent investments by Intel Education Accelerator:
Date
Company
Location
Round Details
Round Amount
Co-Investors
May 12, 2020
United States
Series B
3454
Mar 10, 2020
United States
Series A
7911
Feb 25, 2020
United States
Series C
7207
  [+7]
Feb 20, 2020
United States
Series C
3484
Aug 14, 2019
United States
Series A
9414

Unicorns in Intel Education Accelerator's Portfolio

Intel Education Accelerator has 5 unicorns in its portfolio - Ayar Labs, Minio, DataRobot and others. The most recent unicorn in their portfolio is Ayar Labs. It became a unicorn in 2024, 6 years after Intel Education Accelerator first invested in it.
Here is a list of unicorns in Intel Education Accelerator's portfolio:
Tracxn Score
Company
Short Description
Founded year
Sector
Location
Company Stage
First Investment/ Acquisition Details
71
Developer of optical interconnect solutions for artificial intelligence infrastructure applications
2015
San Jose
Series E
mxdfdte
63
Platform offering object storage solutions
2014
Palo Alto
Series B
yeye{cx
71
Provider of an agent workforce platform for enterprise artificial intelligence
2012
Boston
Series G
usrecyj
73
Provider of supply chain detection and response and risk management
2013
New York City
Series E
knjtscw
73
Online retailer of clothing, shoes, and home decor items
2010
Gurugram
Series H
dgffmay

IPOs and Publicly Listed companies in Intel Education Accelerator's Portfolio

7 of Intel Education Accelerator's portfolio companies have become public. Reconova got listed on the Hong Kong Exchanges (HKG), in Jul 2026 at marketcap of $843M and program got listed on the Taiwan Stock Exchange (TPE).
Here are Intel Education Accelerator's portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Jul 08, 2026
May 08, 2018
Series B
4422
Jul 29, 2025
Nov 03, 2015
PE
4378
Jun 23, 2021
Feb 05, 2013
Series B
2045
Jan 05, 2021
-
-
5955
Nov 09, 2018
-
-
4686

Acquired companies in Intel Education Accelerator's Portfolio

41 companies from Intel Education Accelerator's portfolio have been acquired. The most recent acquisition was Movable Ink in Jun 2025 by STG for $*****.
Here are Intel Education Accelerator's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Jun 26, 2025
May 08, 2013
Series B
9098
Jun 26, 2025
Oct 19, 2017
Series B
3471
Nov 01, 2024
-
-
1290
Sep 10, 2024
Oct 22, 2013
Series B
9285
May 20, 2024
Jun 30, 2015
Series C
6267

Co-investors of Intel Education Accelerator

Over the past 22 years, 586 investors have co-invested in Intel Education Accelerator's portfolio companies. This includes funds and angels.

  • Invested before Intel Education Accelerator: Intel Capital, Bessemer Venture Partners and 209 others have invested in rounds before Intel Education Accelerator. There are 6 companies where Intel Capital has invested before Intel Education Accelerator and 5 companies where Bessemer Venture Partners has invested before Intel Education Accelerator.
  • Top Co-investors of Intel Education Accelerator: 120 investors entered a company along with Intel Education Accelerator. These include investors like Elysian Park (2 companies).
  • Invested after Intel Education Accelerator: A total of 255 investors have invested in Intel Education Accelerator's portfolio after their investments. Top Investors include Intel Capital (14 companies) and Intel (6 companies).

FAQs about Intel Education Accelerator

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