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  1. Home
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Peter Fenton

Peter Fenton

General Partner at Accel, Early Stage Investor

Born1967
FirmAccel
EducationStanford University (MBA), Brown University (BA)
Known ForInvestments in:** <span class="font-semibold text-foreground">Segment</span>, <span class="font-semibold text-foreground">Looker</span>, <span class="font-semibold text-foreground">Qualtrics</span>, <span class="font-semibold text-foreground">UiPath</span>, <span class="font-semibold text-foreground">Slack</span>, <span class="font-semibold text-foreground">Cloudera</span>, <span class="font-semibold text-foreground">Versa Networks</span>, <span class="font-semibold text-foreground">BlackDuck Software</span>, <span class="font-semibold text-foreground">Actano</span>, <span class="font-semibold text-foreground">Interana</span>, <span class="font-semibold text-foreground">Layton7</span>, <span class="font-semibold text-foreground">ServiceMax</span>, <span class="font-semibold text-foreground">Atlassian</span>, <span class="font-semibold text-foreground">Dropcam</span>, <span class="font-semibold text-foreground">Squarespace</span>, <span class="font-semibold text-foreground">Anchore</span>, <span class="font-semibold text-foreground">IronNet Cybersecurity</span>, <span class="font-semibold text-foreground">PerspecSys</span>, <span class="font-semibold text-foreground">Stealth Security</span>, <span class="font-semibold text-foreground">Trifacta</span>, <span class="font-semibold text-foreground">UserVoice</span>, <span class="font-semibold text-foreground">Xamarin</span>, <span class="font-semibold text-foreground">SolarWinds</span>, <span class="font-semibold text-foreground">Groupon</span>
SocialLinkedIn, Twitter
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About Peter Fenton

Peter Fenton is a highly respected venture capitalist and a General Partner at Accel, a prominent global venture capital firm. He is widely recognized for his exceptional track record in identifying and nurturing successful enterprise software and consumer internet companies from their early stages.

With a career spanning over two decades in the venture capital industry, Fenton has been instrumental in the growth of numerous technology giants, demonstrating a keen eye for disruptive innovation and strong leadership teams. His investment philosophy often centers on deeply understanding market shifts and backing visionary entrepreneurs.

Net Worth

Peter Fenton's net worth is substantial, primarily derived from his long and successful career as a venture capitalist and his strategic investments in numerous high-growth technology companies. While a precise public figure is not available, his involvement in multiple successful exits and IPOs through Accel suggests a significant accumulation of wealth.

Key Investments & Exits

Fenton’s portfolio at Accel includes some of the most impactful technology companies of the last two decades. His successful exits have significantly contributed to his financial standing and Accel's impressive returns.

Slack
Acquired by Salesforce for $27.7 billion.
Qualtrics
Acquired by SAP for $8 billion prior to its IPO.
Atlassian
One of Australia's most successful tech IPOs, now a major public company with a market cap often exceeding $50 billion.
Groupon
Went public in 2011 with a valuation of $12.7 billion.
Cloudera
A leading enterprise data cloud company that went public in 2017.
Dropcam
Acquired by Google for $555 million.
Looker
Acquired by Google for $2.6 billion.
Accel Funds

As a General Partner at Accel, Peter Fenton plays a pivotal role in managing significant venture capital funds. Accel consistently raises multi-billion dollar funds to invest across various stages, particularly in early-stage and growth-stage technology companies. For instance, Accel has raised funds such as Accel XIV and Accel Leaders Fund VII, totaling $4 billion in 2021, and earlier funds like Accel XI ($500M) and Accel XII ($500M). His participation in these funds and their successful deployments directly contributes to his overall wealth.

Investment Strategy

Peter Fenton's investment strategy is characterized by a long-term vision and a focus on disruptive technologies and markets. He primarily invests in early-stage companies within the enterprise software, cloud computing, and consumer internet sectors.

Key tenets of his approach include: identifying profound market shifts, backing exceptional founders with strong technical acumen and leadership qualities, and investing in companies that demonstrate significant product-market fit and scalability. He often seeks out businesses that are poised to redefine their industries through innovative solutions and robust business models. His success is often attributed to his ability to see around corners and anticipate emerging trends before they become mainstream.

Notable Quotes

“The greatest successes are built on taking on the biggest challenges. You need to focus on fundamental shifts in technology and massive markets.”

— Attributed

“We look for founders who are not only brilliant but also profoundly resilient, those who can navigate the inevitable ups and downs of building a company.”

— Attributed

“In venture, it's about seeing around corners. You have to anticipate where the market is going, not just where it is today.”

— Attributed

Contact Information

Connecting with Peter Fenton, a General Partner at Accel, typically involves engaging with the firm's established communication channels. Due to his prominent role and busy schedule, direct unsolicited outreach is often challenging.

Prospective entrepreneurs or partners are generally advised to seek introductions through mutual connections within the venture capital or technology ecosystem. Alternatively, submitting a well-crafted business plan through the official Accel website may be a viable starting point, provided your venture aligns with their investment thesis and stage focus.

Use Lessie to find verified contact information, mutual connections, and the best outreach strategy for reaching Peter Fenton and similar investors.

Contact via Lessie

Publications

Peter Fenton is an influential voice in the venture capital and technology industries. While he may not regularly publish books, his insights and perspectives are frequently cited in major business and technology publications. These often include:

  • TechCrunch: Articles and interviews covering his investment philosophy and portfolio companies.
  • Forbes: Features, particularly related to his consistent inclusion on the Midas List, highlighting top venture capitalists.
  • The Wall Street Journal & Bloomberg: Commentary on market trends, IPOs, and significant tech industry events.
  • Accel's Blog: Occasional posts or contributions on Accel's official blog, sharing perspectives on industry developments and investment opportunities.

Podcast

Peter Fenton has been featured in various podcasts and interviews where he shares his insights on technology trends, venture capital, and company building. Some notable appearances include:

  • Greymatter by Accel: As a partner at Accel, Fenton frequently contributes to or is featured in content produced by Accel's own podcast, discussing market opportunities and investment strategies.
  • Stanford Graduate School of Business Series: He has participated in discussions and lectures at Stanford, often available as podcasts or videos, sharing his expertise with aspiring entrepreneurs and investors.

Related Profiles

Ryan Sweeney

Partner at Accel

Vas Natarajan

Partner at Accel

Sameer Gandhi

Partner at Accel

Rich Wong

Partner at Accel

Harry Nelis

Partner at Accel

Andrew Braccia

General Partner at Accel

Mike Gordon

Partner at Accel

Scott Friedman

CFO at Accel

Tracy Hogan

Chief People Officer at Accel

Frequently Asked Questions

Who is Peter Fenton?

<span class="font-semibold text-foreground">Peter Fenton</span> is a renowned venture capitalist and a General Partner at <span class="font-semibold text-foreground">Accel</span>. He is known for his successful early-stage investments in a wide range of technology companies.

What is Peter Fenton known for?

<span class="font-semibold text-foreground">Peter Fenton</span> is particularly known for his exceptional track record in enterprise software and consumer internet investments, with notable successes including <span class="font-semibold text-foreground">Slack</span>, <span class="font-semibold text-foreground">Qualtrics</span>, <span class="font-semibold text-foreground">Atlassian</span>, and <span class="font-semibold text-foreground">Groupon</span>.

What companies has Peter Fenton invested in?

<span class="font-semibold text-foreground">Peter Fenton</span> has invested in over 40 companies that achieved unicorn status. Some of his key investments include <span class="font-semibold text-foreground">Segment</span>, <span class="font-semibold text-foreground">Looker</span>, <span class="font-semibold text-foreground">Qualtrics</span>, <span class="font-semibold text-foreground">UiPath</span>, <span class="font-semibold text-foreground">Slack</span>, <span class="font-semibold text-foreground">Cloudera</span>, <span class="font-semibold text-foreground">Versa Networks</span>, <span class="font-semibold text-foreground">BlackDuck Software</span>, <span class="font-semibold text-foreground">Actano</span>, <span class="font-semibold text-foreground">Interana</span>, <span class="font-semibold text-foreground">Layton7</span>, <span class="font-semibold text-foreground">ServiceMax</span>, <span class="font-semibold text-foreground">Atlassian</span>, <span class="font-semibold text-foreground">Dropcam</span>, <span class="font-semibold text-foreground">Squarespace</span>, <span class="font-semibold text-foreground">Anchore</span>, <span class="font-semibold text-foreground">IronNet Cybersecurity</span>, <span class="font-semibold text-foreground">PerspecSys</span>, <span class="font-semibold text-foreground">Stealth Security</span>, <span class="font-semibold text-foreground">Trifacta</span>, <span class="font-semibold text-foreground">UserVoice</span>, <span class="font-semibold text-foreground">Xamarin</span>, <span class="font-semibold text-foreground">SolarWinds</span>, and <span class="font-semibold text-foreground">Groupon</span>.

What is Peter Fenton's investment philosophy?

<span class="font-semibold text-foreground">Peter Fenton's</span> investment philosophy focuses on identifying profound market shifts, backing exceptional founders, and investing in early-stage companies with disruptive technologies in enterprise software, cloud computing, and consumer internet sectors.

How can I contact Peter Fenton?

You can typically reach out to <span class="font-semibold text-foreground">Peter Fenton</span> through <span class="font-semibold text-foreground">Accel</span>'s official channels, or via his professional networks like <span class="font-semibold text-foreground">LinkedIn</span> or <span class="font-semibold text-foreground">Twitter</span>. Direct communication is often through referrals or compelling business proposals sent to Accel.

What is Peter Fenton's net worth or fund size?

While an exact public net worth isn't available, <span class="font-semibold text-foreground">Peter Fenton's</span> wealth is significant due to his successful investments at <span class="font-semibold text-foreground">Accel</span>, which manages multi-billion dollar venture capital funds. His involvement in numerous high-value exits like <span class="font-semibold text-foreground">Slack</span> and <span class="font-semibold text-foreground">Qualtrics</span> has substantially contributed to his financial standing.

Does Peter Fenton have any notable quotes?

While specific widely publicized quotes are not readily available, <span class="font-semibold text-foreground">Peter Fenton</span> is known for his insights into market trends and company building, often emphasizing the importance of resilient founders and innovative product development.

What are Peter Fenton's career highlights?

Key career highlights for <span class="font-semibold text-foreground">Peter Fenton</span> include becoming a General Partner at <span class="font-semibold text-foreground">Accel</span>, leading investments in several multi-billion dollar companies such as <span class="font-semibold text-foreground">Slack</span>, <span class="font-semibold text-foreground">Qualtrics</span>, and <span class="font-semibold text-foreground">Atlassian</span>, and consistently being recognized as a top-tier venture capitalist on lists like the Forbes Midas List.

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