About Accelx
Accelx is a venture capital firm founded in 2020. It is primarily based out of San Jose, United States. As of Mar 2015, Accelx has invested in 1 company. It primarily invests in Seed round in Singapore based startups. Its investments are spread across Retail sector. Most recently it participated in the $***** Seed round of ShopBack Overall, Accelx portfolio has seen 1 unicorn, namely ShopBack. East Ventures co-invest with Accelx, sharing a substantial percentage of its portfolio.Accelx's Investments by Stage
Accelx has made 1 investment in Seed stage with an average round size of $600K.Accelx's Investments by Sector
Accelx has a portfolio focused on Retail. Notably, it has invested in 1 Consumer (B2C) company and 1 Tech company.Accelx's Investments by Geography
Accelx has made most investments in Singapore (1).Accelx's recent investments
Accelx has not made any investment in 2026 so far.Here are the most recent investments by Accelx:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 09, 2015 | Singapore | Seed | 7153 |
Unicorns in Accelx's Portfolio
Accelx has 1 unicorn in its portfolio - ShopBack. The most recent unicorn in their portfolio is ShopBack which became a unicorn in 2026, 10 years after Accelx first invested in it.Here is a list of unicorns in Accelx's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
78 | Online platform providing cashback rewards, coupons, and promo codes for purchases | 2014 | Singapore | Series F | erxmgec |
Co-investors of Accelx
Over the past 11 years, 20 investors have co-invested in Accelx's portfolio companies. This includes funds and angels.
- Top Co-investors of Accelx: East Ventures entered a company along with Accelx.
- Invested after Accelx: A total of 19 investors have invested in Accelx's portfolio after their investments. Top Investors include Temasek (1 company), Rakuten (1 company) and EDBI (1 company).
