October 22, 2014 12:04 PM ET

Capital Markets

Company Overview of Accelerator Corporation

Company Overview

Accelerator Corporation is a venture capital firm specializing in incubation, early stage, emerging growth and start-up investments. It does not participate in further rounds of financing. The firm prefers to invest in biotechnology companies. It typically invests in New York City and Seattle. It seeks to invest up to $2 million in a company. The firm typically holds its investments for a period between 12 months and 24 months. Accelerator Corporation was founded in 2003 and is based in Seattle, Washington with an additional office in New York City, New York.

1616 Eastlake Avenue East

Suite 200

Seattle, WA 98102

United States

Founded in 2003

Phone:

206-957-7300

Fax:

206-957-7399

Key Executives for Accelerator Corporation

Chief Executive Officer and Director
Age: 40
Founding Institution Partner and Director
Age: 75
Chief Financial Officer
Director of Operations
Principal
Compensation as of Fiscal Year 2014.

Accelerator Corporation Key Developments

Washington State University Enters into Strategic Partnership with Accelerator Corp

Washington State University has entered into a strategic partnership with Accelerator Corp., becoming one of eight new Northwest institutional partners in the company's $51.1 million venture. This partnership adds value to University efforts to commercialize WSU faculty-driven innovations in the marketplace.

Accelerator Corporation Announces Executive Changes

Accelerator Corporation announced the appointment of Thong Q. Le, a veteran of the Seattle life science venture capital community and current chairman of the Washington Biotechnology & Biomedical Association, as its new chief executive officer (CEO). Mr. Le replaces Carl Weissman, the company's founding CEO, who has transitioned to a senior advisor role. Prior to joining Accelerator, Mr. Le served as a managing director at WRF Capital, the venture capital investment arm of Washington Research Foundation in Seattle.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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