Venture capital is a popular source of capital for early-stage startups, but it’s not the only one. Debt is an increasingly popular alternative, as is non-dilutive, revenue-based financing.
Accel doubles down on 1Password, which just raised $100M more at a $2B valuation
The previously bootstrapped 1Password raised its first round of external capital in 2019, a $200 million Series A led by Accel that represented the VC firm’s largest single investment in its 35 years.