About Target Accelerators
Target Accelerators is an accelerator and incubator program based in Minneapolis, United States. With a presence in 10 countries, it has supported around 225 startups in sectors like Retail, Consumer. As of Apr 2026, Target Accelerators has 1 unicorn under its belt and has witnessed 9 portfolio exits. Most notable companies in
its portfolio include Sezzle, Flashfood and Einride. The program primarily supports Seed startups based in United States. Its latest investment was a Undisclosed Seed round in POKS Spices on May 30, 2022.
Target Accelerators' List of Top Investments
Target Accelerators has a portfolio of 225 companies, one of which is a Unicorn. Their most notable investments are in KnoNap and Kokko.Their portfolio spans across United States, India, Canada and 7 more locations. They have invested in Retail, Consumer, Enterprise Applications and 20 other sectors, across stages such as Seed, Grant (prize money) stages. Here is the list of top investments by Target Accelerators:
1. Sezzle
Online platform for point of sale financing. It enables consumers to make installment payments for online and offline products at partnered stores. Repayments are auto-debited from the users registered bank account. It enables consumers to shop at multiple stores including footwear, home appliances, electronics, arts, pets, sports, outdoors, and more. It offers a dashboard for discovering stores, managing existing orders, rescheduling future payments, and more. The application is available on Android and iOS platforms.
Key facts about Sezzle
- Founded Year: 2016
- Location: Minneapolis (United States)
- Annual Revenue: $271M as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $17.5M
- Employee Count: 365 as on Dec 31, 2022
- Investors: E-Merge, OnRamp Insurance Conference and 10 Others
- Latest Funding Round: Post IPO, Jul 15, 2021, $*****
- Highlight: Acquired
2. Flashfood
Online marketplace to buy and sell excess food. Allows restaurants, grocers, and caterers to list the excess product they want to sell by offering steep discounts. Buyers can discover nearby deals and place the order for pickup from the location. The company offers mobile applications for Android and iOS platforms.
Key facts about Flashfood
- Founded Year: 2016
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $13.8M
- Investors: Techstars, ArcTern Ventures and 11 Others
- Latest Funding Round: Series A, Feb 28, 2022, $*****
- Highlight: Editors' Pick
3. Einride
Provider of end-to-end solutions for electric and autonomous freight transport. The company offers autonomous and electric trucks, charging infrastructure, and a software platform. The software connects data from vehicles, routes, and energy systems to optimize charging solutions. The company's operating system manages, monitors, and optimizes road freight using artificial intelligence.
Key facts about Einride
4. RADAR
Provider of RFID and computer vision technology for retail inventory management. The technology aims to improve inventory accuracy and speed in retail environments. It offers real-time tracking of items within a store. The system supports autonomous checkout and provides insights into customer-product interactions. It helps retailers manage inventory and fulfill e-commerce orders.
Key facts about RADAR
- Founded Year: 2013
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $63M
- Employee Count: 85 as on Dec 31, 2024
- Investors: Cianna Capital, Colle Capital and 16 Others
- Latest Funding Round: Convertible Debt, Jul 11, 2024, $*****
- Highlight: Editors' Pick
5. Wixsite
Provider of tools enabling users to create and manage websites. The platform offers website templates, AI website builder, domain registration, and web hosting. It also provides features for eCommerce, scheduling, restaurant management, blogging, and portfolio creation. Additional solutions include payment processing, mobile app management, CRM, website analytics, email marketing, and SEO tools.
Key facts about Wixsite
- Founded Year: 2012
- Location: Norway
- Stage: Deadpooled
- Investors: JLABS, Corda Campus and 9 Others
- Latest Funding Round: Seed, $*****
Target Accelerators' Year-on-Year Investment Trends
Target Accelerators has invested in 225 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in POKS Spices.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 5 | 0 | 5 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
Target Accelerators' Investments by Stage
Target Accelerators has made 8 investments in Seed stage with an average round size of $60K and 1 investment in Grant (prize money) stage.Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Grant (prize money) | 1 |
Note: We have considered here, only first round of investments
Target Accelerators' Investments by Sector
Target Accelerators has a diverse portfolio, with companies operating in the Consumer Goods, Consumer, Enterprise Applications, Retail and Food and Agriculture. Notably, it has invested in 133 Tech companies, 112 Consumer (B2C) companies, 41 Enterprise (B2B) companies and at least 40 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer Goods | 5 |
Consumer | 4 |
Enterprise Applications | 3 |
Retail | 3 |
Food and Agriculture | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Target Accelerators' Investments by Geography
Target Accelerators has made most investments in United States (8), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 8 |
India | 1 |
Note: We have considered here, only first round of investments
Target Accelerators' recent investments
Target Accelerators has not made any investment in 2026 so far.Here are the most recent investments by Target Accelerators:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 30, 2022 | United States | Seed | 9004 | - | |
Nov 09, 2021 | United States | Grant (prize money) | 3048 | - | |
Aug 26, 2019 | India | Seed | 4322 | - | |
May 06, 2019 | United States | Seed | 8668 | - | |
May 06, 2019 | United States | Seed | 4094 | - |
Unicorns in Target Accelerators' Portfolio
Target Accelerators has 1 unicorn in its portfolio - Einride. The most recent unicorn in their portfolio is Einride which became a unicorn in 2022, 4 years before Target Accelerators first invested in it.Here is a list of unicorns in Target Accelerators' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Provider of end-to-end solutions for electric and autonomous freight transport | 2016 | Stockholm | Series E | clntvkg |
Acquired companies in Target Accelerators' Portfolio
9 companies from Target Accelerators' portfolio have been acquired. The most recent acquisition were Mented Cosmetics in Apr 2024 by West Lane Capital Partners.Here are Target Accelerators' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 22, 2024 | - | - | 1397 | |
Apr 18, 2024 | - | - | 9328 | |
Mar 06, 2024 | - | - | 4513 | |
Nov 16, 2022 | - | - | 9140 | |
May 10, 2022 | - | - | 5081 |
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Co-investors of Target Accelerators
Over the past 9 years, 28 investors have co-invested in Target Accelerators's portfolio companies. This includes funds and angels.
- Invested before Target Accelerators: Ruchita Doshi, Issac George Plamottil and 11 others have invested in rounds before Target Accelerators. There is 1 company where Ruchita Doshi has invested before Target Accelerators and 1 company where Issac George Plamottil has invested before Target Accelerators.
- Top Co-investors of Target Accelerators: 3 investors entered a company along with Target Accelerators. These include investors like Founders Bootcamp (1 company).
- Invested after Target Accelerators: A total of 12 investors have invested in Target Accelerators's portfolio after their investments. Top Investors include Techstars (1 company) and Capital 2B (1 company).
