About C5 Accelerate
C5 Accelerate is a venture capital firm founded in 2012. It is primarily based out of Washington, DC, United States. As of Jun 2018, C5 Accelerate has invested in 49 companies. It primarily invests in Seed round in Nigeria based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Seed round of Dropque Overall, C5 Accelerate portfolio has seen 3 acquisitions, namely Keyless and Pinkaloo. A lot of funds co-invest with C5 Accelerate, with names like TEDCO sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
C5 Accelerate's List of Top Investments
C5 Accelerate has a portfolio of 49 companies. Their most notable investments are in Pinkaloo and Dropque.Their portfolio spans across United States, United Kingdom, Ghana and 8 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 21 other sectors, across stages such as Seed stage. Here is the list of top investments by C5 Accelerate:1. NLX
Developer of a platform for building and managing AI-powered conversations. The platform enables users to create conversational experiences across various formats, including chat, voice, and multimodal interfaces. It offers tools for mapping conversations, integrating generative AI, and incorporating rich media. The platform also provides analytics for tracking performance and guiding improvements.
Key facts about NLX
- Founded Year: 2018
- Location: New York (United States)
- Stage: Series A
- Total Funding till date: $21.8M
- Employee Count: 27 as on Jul 31, 2026
- Investors: Sky VC, IAG Capital Partners and 7 Others
- Latest Funding Round: Series A, Feb 07, 2024, $*****
- Highlight: Editors' Pick
2. Keyless
Developer of biometric authentication platform providing passwordless multi-factor authentication solutions. The platform offers secure device binding, passwordless login, and step-up authentication. It caters to both consumer and workforce authentication needs. Solutions include account recovery, remote access, and shared device authentication. The technology utilizes liveness detection and supports integration via mobile or web software development kits.
Key facts about Keyless
- Founded Year: 2018
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $26M
- Employee Count: 46 as on Jul 31, 2026
- Investors: Experian, Lánzame Capital and 57 Others
- Latest Funding Round: Series A, Jan 22, 2025, $*****
- Highlight: Acquired
3. Hala Systems
Hala Systems provides AI based alarm and safety solutions for governments and NGOs. Its product, Sentry, which is a warning system, uses remote sensors to track and predict any threat in a war zone. It also provides analytics about the trends and changes that can be brought by the external threat. The company has integrated with Facebook messenger to deliver warnings to the civilians.
Key facts about Hala Systems
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Series A
- Total Funding till date: $4.6M
- Employee Count: 41 as on Jul 31, 2026
- Investors: PEAK6, Europa and 9 Others
- Latest Funding Round: Grant (prize money), Nov 01, 2022, $*****
- Highlight: Editors' Pick
4. Wellthi
Developer of software for wealth and loan life cycle management. It offers a social banking wallet that enables individuals to create savings plans, credit-building solutions, and investments. It provides a lender-matching solution that matches small businesses with banks and lenders by using artificial intelligence and machine learning technology.
Key facts about Wellthi
- Founded Year: 2015
- Location: Arlington (United States)
- Stage: Seed
- Total Funding till date: $3.6M
- Employee Count: 17 as on Jul 31, 2026
- Investors: Northwestern Mutual, Everywhere and 14 Others
- Latest Funding Round: Seed, May 30, 2023, $*****
5. Jetstream
Provider of technology-enabled logistics and collateral management services for trade. They offer services including stock monitoring, collateral management, deal flow, and underwriting support. The company facilitates visibility, physical possession of goods, inventory monitoring, and control over goods release. It provides real-time stock monitoring and digital tracking reports.
Key facts about Jetstream
- Founded Year: 2018
- Location: Accra (Ghana)
- Stage: Seed
- Total Funding till date: $16M
- Employee Count: 29 as on Jun 30, 2026
- Investors: MSA Capital, Proparco and 21 Others
- Latest Funding Round: Conventional Debt, Jan 10, 2023, $*****
C5 Accelerate's Year-on-Year Investment Trends
Its most recent first time investment was in Dropque.C5 Accelerate's Investments by Stage
C5 Accelerate has made 2 investments in Seed stage with an average round size of $550K.C5 Accelerate's Investments by Sector
C5 Accelerate has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech and Vertical SaaS. Notably, it has invested in 35 Tech companies, 32 Enterprise (B2B) companies, 29 Software companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
FinTech | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
C5 Accelerate's Investments by Geography
C5 Accelerate has made most investments in Nigeria (1), followed by United States where it has made 1 investment.C5 Accelerate's recent investments
C5 Accelerate has not made any investment in 2026 so far.Here are the most recent investments by C5 Accelerate:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 05, 2018 | Nigeria | Seed | 3896 | - | |
2018 | United States | Seed | 2689 | [+1] |
Acquired companies in C5 Accelerate's Portfolio
3 companies from C5 Accelerate's portfolio have been acquired. The most recent acquisition was Keyless in Jan 2026 by Ping Identity for $*****.Here are C5 Accelerate's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 07, 2026 | - | - | 4445 | |
Apr 21, 2021 | - | - | 1467 | |
Mar 09, 2021 | 2018 | Seed | 9553 |
Co-investors of C5 Accelerate
Over the past 8 years, 4 investors have co-invested in C5 Accelerate's portfolio companies. This includes funds and angels.
- Top Co-investors of C5 Accelerate: 2 investors entered a company along with C5 Accelerate. These include investors like TEDCO (1 company).
- Invested after C5 Accelerate: Squadra Ventures (1 company) and Seedstars World (1 company) are the investors which have invested in C5 Accelerate's portfolio after their investments.
