About Wells Fargo Startup Accelerator
Wells Fargo Startup Accelerator, an accelerator and incubator program founded in 1993, is based in San Francisco, United States. With a presence in 5 countries, it has supported around 28 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, Wells Fargo Startup Accelerator has witnessed 10 portfolio exits. Most notable companies in
its portfolio include Kasisto Tech, SimSpace and Extend. The program primarily supports Series A startups based in United States. Its latest investment was a Undisclosed Series A round in Theta Lake on Jun 29, 2021.
Key Metrics
Founded Year
1993
Location
San Francisco, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Series A, Seed & 1 more
Locations of Investment
Wells Fargo Startup Accelerator's List of Top Investments
Wells Fargo Startup Accelerator has a portfolio of 28 companies. Their most notable investments are in Splice Machine and Uniken.Their portfolio spans across United States, United Kingdom, Canada and 2 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 10 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Wells Fargo Startup Accelerator:
1. Kasisto Tech
Provider of an AI based conversational banking solution. It provides conversational virtual assistants for enterprise mobile applications using AI that help consumers complete complex tasks using voice, texts through the SDK, which requires deep intelligence on account of live agents.
Key facts about Kasisto Tech
- Founded Year: 2013
- Location: New York (United States)
- Stage: Acquired
- Total Funding till date: $90.9M
- Employee Count: 42 as on Jul 31, 2026
- Investors: Napier Park Global Capital, Mastercard and 26 Others
- Latest Funding Round: Series C, May 03, 2024, $*****
- Highlight: Acquired
2. SimSpace
Cyber risk management platform to validate an organizations cybersecurity process and technology. The company was founded in 2015 by experts from the US Cyber Command and MITs Lincoln Laboratory, SimSpace combines the highest fidelity cyber ranges and attack content with user and adversary emulation techniques. It also provides individual training exercises, attack simulations, mission rehearsals, and product evaluations that leverage its cyber range, SimSpace delivers quantitative and actionable insights into how an organization can protect critical assets against lethal cyber threats.
Key facts about SimSpace
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Series A
- Total Funding till date: $109M
- Employee Count: 192 as on Jul 31, 2026
- Investors: Wells Fargo Startup Accelerator, Arsenal Growth Equity and 4 Others
- Latest Funding Round: Series A, Oct 28, 2025, $*****
3. Extend
Provider of virtual credit cards and spend management platform for businesses. It offers a platform that allows businesses to manage payments and expense processes using their existing company credit cards. The platform provides features such as virtual cards, budgets, bill pay, receipt management, reimbursements, reconciliation, and integrations with participating banks. It caters to various industries, including retail, e-commerce, legal services, construction, manufacturing, media, production agencies, life sciences, and medical sectors. The platform offers vendor payments, employee cards, spend tracking, reconciliation, and integrated payments solutions.
Key facts about Extend
- Founded Year: 2017
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $88.8M
- Employee Count: 70 as on Jul 31, 2026
- Investors: WorldQuant Ventures, Pac-West Telecomm and 13 Others
- Latest Funding Round: Series B, Sep 18, 2025, $*****
- Highlight: Editors' Pick
4. Theta Lake
AI-based solutions for video communication compliance. It helps in detecting compliance risks in video collaboration, call recordings, video marketing, social video, and more. It offers multiple products including Compliance for policy detection of regulatory risks and compliance and RingCentral Glip Archiver for automated risk detection and more.
Key facts about Theta Lake
- Founded Year: 2017
- Location: San Mateo (United States)
- Stage: Series B
- Total Funding till date: $71M
- Employee Count: 112 as on Jul 31, 2026
- Investors: Salesforce Ventures, WestWave Capital and 10 Others
- Latest Funding Round: Series B, Mar 23, 2022, $*****
- Highlight: Editors' Pick
5. Ascent
Ascent provides a cloud-based platform to track and automate regulatory compliance programs to the financial institutions. The product Ascent leverages a proprietary AI and automation technology to convert the rules and documents of a regulatory body into units of intelligence. Features include automated conversion of regulatory compliance into regulatory obligations checklists, compliance & procedure manual documentation, regulatory change tracking, and centralized management. The full platform comprises of selected compliance channels viz. CFTC, CME, CBOT, NYMEX, CBOE, ICE, GIPS, NFA, SEC, and FINRA. Pricing is based on the number of users and the selected channels. As of Jan 2018, the company is developing a lite version of the platform with limited functionalities.
Key facts about Ascent
- Founded Year: 2015
- Location: Chicago (United States)
- Stage: Acquired
- Total Funding till date: $26.7M
- Employee Count: 56 as on Jul 31, 2026
- Investors: Wells Fargo Startup Accelerator, ING Ventures and 7 Others
- Latest Funding Round: Series B, Nov 04, 2019, $*****
- Highlight: Acquired
Wells Fargo Startup Accelerator's Year-on-Year Investment Trends
Wells Fargo Startup Accelerator has invested in 28 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Theta Lake.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 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 0 | 0 | 0 |
2017 | 3 | 0 | 3 |
Wells Fargo Startup Accelerator's Investments by Stage
Wells Fargo Startup Accelerator has made 3 investments in Series A stage, 2 investments in Seed stage and 2 investments in Series B stage with an average round size of $18.8M.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Seed | 2 |
Series B | 2 |
Note: We have considered here, only first round of investments
Wells Fargo Startup Accelerator's Investments by Sector
Wells Fargo Startup Accelerator has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, FinTech, Artificial Intelligence - Industry Applications and Vertical SaaS. Notably, it has invested in 28 Tech companies, 27 Software companies, 25 Enterprise (B2B) companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
Enterprise Infrastructure | 4 |
FinTech | 4 |
Artificial Intelligence - Industry Applications | 2 |
Vertical SaaS | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
Wells Fargo Startup Accelerator's Investments by Geography
Wells Fargo Startup Accelerator has made most investments in United States (7).Wells Fargo Startup Accelerator's recent investments
Wells Fargo Startup Accelerator has not made any investment in 2026 so far.Here are the most recent investments by Wells Fargo Startup Accelerator:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 29, 2021 | United States | Series A | 7710 | - | |
Nov 04, 2019 | United States | Series B | 2804 | [+3] | |
Oct 23, 2017 | United States | Seed | 5093 | - | |
Oct 23, 2017 | United States | Seed | 9141 | - | |
May 17, 2017 | United States | Series A | 9762 | - |
IPOs and Publicly Listed companies in Wells Fargo Startup Accelerator's Portfolio
1 of Wells Fargo Startup Accelerator's portfolio company became public - Context360.Here are Wells Fargo Startup Accelerator's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 1357 |
Acquired companies in Wells Fargo Startup Accelerator's Portfolio
9 companies from Wells Fargo Startup Accelerator's portfolio have been acquired. The most recent acquisition was Kasisto Tech in Jun 2026 by Backbase for $*****.Here are Wells Fargo Startup Accelerator's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 23, 2026 | - | - | 1430 | |
Nov 12, 2024 | - | - | 3795 | |
Jan 18, 2024 | Nov 04, 2019 | Series B | 3989 | |
Feb 22, 2023 | Nov 09, 2015 | Series A | 7112 | |
Jul 18, 2022 | - | - | 5367 |
Co-investors of Wells Fargo Startup Accelerator
Over the past 11 years, 38 investors have co-invested in Wells Fargo Startup Accelerator's portfolio companies. This includes funds and angels.
- Invested before Wells Fargo Startup Accelerator: Firebolt Ventures, Neotribe and 16 others have invested in rounds before Wells Fargo Startup Accelerator. There is 1 company where Firebolt Ventures has invested before Wells Fargo Startup Accelerator and 1 company where Neotribe has invested before Wells Fargo Startup Accelerator.
- Top Co-investors of Wells Fargo Startup Accelerator: 2 investors entered a company along with Wells Fargo Startup Accelerator. These include investors like Drive Capital (1 company).
- Invested after Wells Fargo Startup Accelerator: A total of 18 investors have invested in Wells Fargo Startup Accelerator's portfolio after their investments. Top Investors include Salesforce Ventures (2 companies) and Revtek Capital (1 company).
Recent News related to Wells Fargo Startup Accelerator
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Fintech startup Amicus.io raises $8.7M in Series B funding to make philanthropy as easy as bankingTechStartups.com•Nov 17, 2020•Amicus, , The FR Group, Wells Fargo Startup Accelerator and 1 other
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OpenRisk Technologies, Vouchr join the Wells Fargo Startup Accelerator programBee Star•Jan 30, 2019•OpenRisk, Vouchr, Wells Fargo, and 1 other
