"Access embraces disruptive thinking and big ideas."
— Eric Wu, CEO Opendoor
"Access supports moonshots and the companies that make them"
— Andy Rubin, Founder and CEO Essential
"We are very grateful for the support and partnership of Access."
— Evan Spiegel, CEO Snap
"Access is a great partner that delivers both financial resources and strategic value."
“Access supported us through our IPO and continues as a long-term public shareholder”
— Sarah Friar, CFO Square
Our Investment Philosophy
At Access Technology Ventures, our mandate is to be flexible, long-term partners to market-leading technology companies.
We seek to invest in and build foundational companies that touch millions of customers across the consumer and enterprise technology ecosystems.
Access Technology Ventures is the $2+ billion venture capital and growth technology investment effort of Access Industries, a privately held, US-based industrial group with global strategic investments of $20+ billion. Our portfolio includes leading technology companies such as Alibaba, Facebook, Snapchat, Spotify, Square, Rocket Internet, Zalando, Digital Ocean, Opendoor, and Yelp.
Access Industries was founded in 1986 by Len Blavatnik, an American entrepreneur and philanthropist.
Access Industries invests in industries where it can maximize long-term value by developing regional and global market-leading companies. The group is headquartered in New York, with offices in London and Moscow.
In the News
Lennar Corp. builds homes with 2-by-4s and nail guns. Opendoor uses computer algorithms to buy and sell them. For the past year, the companies have been testing a way to make it easier for Lennar’s customers to offload their houses and trade up to new ones. More
The Real Deal
Funds will help expand Opendoor footprint and “trade-in” partnership with Lennar. A San Francisco-based startup that helps people sell their old homes and simultaneously moves into new ones is partnering with Miami-based homebuilder Lennar Corp., and amassing real estate funding to more than double its footprint nationwide this year. More
Opendoor, which is working to upend the way that Americans buy and sell homes, is buying homes at a rate of $1.3 billion a year as it plans expansion to new cities and competition heats up. “That really shows that people are not only willing to sell their homes online, but they love the experience,” Opendoor cofounder and CEO Eric Wu told Forbes. More
While Amazon and Microsoft battle in the cloud wars, this startup quietly built a $175 million business by picking up their slack
DigitalOcean is a cloud computing startup based in New York, competing with Amazon Web Services and Microsoft Azure by focusing on smaller developers and startups. The company exclusively reveals to BI that it's on a $175 million annualized run rate (ARR) for 2017. More
Opendoor, a San Francisco-based startup launched three years ago to buy and sell homes online, says that it a $1.3 billion annual purchase rate. More
NEW YORK--(BUSINESS WIRE)--Access Technology Ventures, the venture capital and growth technology investment arm of privately held industrial group Access Industries, today announced its leading $100 million investment in the $300 million funding of Essential Products Inc., the smartphone maker founded by Andy Rubin, the creator of Android. More
The New York Times
Amazon agreed to buy the upscale grocery chain Whole Foods for $13.4 billion, in a deal that will instantly transform the company that pioneered online shopping into a merchant with physical outposts in hundreds of neighborhoods across the country. More
Wall Street Journal
Hurdles to late-stage deals have begun to clear More
In January, Alibaba announced a bid to privatize Intime Retail, a leading Chinese department store and mall operator. The proposed privatization did not come as a surprise, as it is consistent with Alibaba’s strategic goal of enhancing its integration with physical stores and developing its “New Retail” concept. More
With a licensing deal with Universal Music under its belt -- and negotiations said to be ongoing with the two remaining majors -- Spotify is reportedly ready to take the plunge and go public, with a twist. More
DigitalOcean, the cloud for developers, today announced it has been selected as one of the 100 most exciting startups in New York City. More