Access Technology Ventures

Access Technology Ventures is a venture capital firm based in New York, specializing in growth capital and startup investments within the technology sector. Founded in 2015, it operates as a subsidiary of Access Industries, which manages strategic investments exceeding $20 billion. The firm typically invests between $30 million and $100 million, with the capability to invest up to $1 billion in select opportunities. Access Technology Ventures generally holds its investments for approximately five years following a company's public offering. Its portfolio includes notable technology companies such as Alibaba, Amazon, Facebook, and others, reflecting its focus on high-potential firms in the tech industry.

Pueo Keffer

Senior Managing Director

13 past transactions

Chime

Series F in 2020
Chime is a fintech company established in 2013 by Chris Britt and Ryan King, aimed at providing a modern approach to banking that empowers its members to manage their finances effectively. The company offers a suite of services, including a Chime debit card, Spending Account, and Savings Account, all accessible through a user-friendly mobile app available on both iPhone and Android devices. Chime focuses on helping its members avoid bank fees, save money automatically, and enhance their financial well-being. Key features of the platform include fee-free overdrafts, early access to paychecks, and tools designed to improve credit scores, all of which promote greater financial control and flexibility. Chime has gained recognition for its innovative solutions in the personal finance space, positioning itself as a leader in digital banking.
Day One Biopharmaceuticals is a clinical-stage biotechnology company focused on developing targeted therapies for genetically defined cancers in patients of all ages, with an initial emphasis on pediatric patients. Founded in 2018 and headquartered in South San Francisco, California, the company aims to address the critical needs of children and adults diagnosed with cancer by creating innovative treatments derived from the biology of childhood cancer. Day One Biopharmaceuticals prioritizes programs that can be swiftly brought to market, thereby providing timely options for families facing cancer diagnoses. Its lead product candidate, DAY101, is an oral, brain-penetrant pan-RAF kinase inhibitor designed to target specific cancer types. The company seeks to license and acquire promising therapeutic products from research institutions and other biotechnology and pharmaceutical companies, striving to enhance the treatment landscape for underserved populations.

Chime

Series E in 2019
Chime is a fintech company established in 2013 by Chris Britt and Ryan King, aimed at providing a modern approach to banking that empowers its members to manage their finances effectively. The company offers a suite of services, including a Chime debit card, Spending Account, and Savings Account, all accessible through a user-friendly mobile app available on both iPhone and Android devices. Chime focuses on helping its members avoid bank fees, save money automatically, and enhance their financial well-being. Key features of the platform include fee-free overdrafts, early access to paychecks, and tools designed to improve credit scores, all of which promote greater financial control and flexibility. Chime has gained recognition for its innovative solutions in the personal finance space, positioning itself as a leader in digital banking.

Haoqipei

Series D in 2019
Haoqipei is a business-to-business trading platform based in Shanghai, China, specializing in the auto parts industry. Founded in 2016, the company connects auto parts suppliers with auto repair shops, addressing challenges related to complex transactions and information asymmetry. Haoqipei's platform matches suppliers with customers based on their preferences, transaction credit history, and volume, facilitating safe and efficient purchases of car parts. In addition to its online trading services, the company also provides offline warehousing and logistics support, enhancing the overall supply chain experience for its users.

Essential

Series B in 2017
Essential Products is a new type of company focused on creating consumer technology products for the 21st century. Founded by Andy Rubin, co-founder of Android, the world's most widely used operating system, Essential Products is headquartered in Palo Alto, California.

Opendoor

Series D in 2016
Opendoor operates an online real estate marketplace designed to simplify the home buying and selling process. Founded in 2014 and based in San Francisco, California, the platform allows sellers to receive offers without the need for listing or showing their homes, thereby eliminating the typical hassles associated with traditional sales. Buyers can browse available properties and gain instant access through the company's application, facilitating a seamless transaction experience. Opendoor generates revenue primarily from home sales, alongside additional income from various real estate services.

Opendoor

Series C in 2015
Opendoor operates an online real estate marketplace designed to simplify the home buying and selling process. Founded in 2014 and based in San Francisco, California, the platform allows sellers to receive offers without the need for listing or showing their homes, thereby eliminating the typical hassles associated with traditional sales. Buyers can browse available properties and gain instant access through the company's application, facilitating a seamless transaction experience. Opendoor generates revenue primarily from home sales, alongside additional income from various real estate services.

Snap

Series F in 2015
Snap Inc. is a multinational camera company that operates the popular photo messaging application, Snapchat. This platform enables users to communicate through short videos and images, known as Snaps, while offering various features such as personalized camera tools, group chats, and the ability to create and view stories. Snapchat's Discover section curates content from publishers and creators based on user interests. The Snap Map feature provides a live map displaying user locations, nearby friends, and popular stories. Additionally, the Memories function allows users to save and organize their Snaps in a searchable collection. In 2016, Snap launched Spectacles, video-sharing sunglasses that facilitate capturing content from a first-person perspective. Founded in 2010 and headquartered in Santa Monica, California, Snap Inc. was previously known as Snapchat, Inc.

DigitalOcean

Series B in 2015
DigitalOcean, LLC is a cloud computing platform that specializes in providing cloud infrastructure tailored for software developers. Founded in 2012 and headquartered in New York, it offers a suite of products designed to facilitate the deployment, management, and scaling of applications. Key offerings include Droplets, which are Linux-based virtual machines, Kubernetes for efficient application deployment and management, databases, and Spaces, an object storage service that supports large data storage needs. DigitalOcean targets a diverse range of customers, including developers, startups, and small to medium-sized businesses, enabling them to build applications for various purposes, such as web and mobile applications, website hosting, e-commerce, and more. With a commitment to simplicity and customer service, DigitalOcean aims to make software development accessible to individuals and organizations worldwide. The company also maintains a presence in Cambridge, Massachusetts, and Bengaluru, India.

Snap

Series E in 2015
Snap Inc. is a multinational camera company that operates the popular photo messaging application, Snapchat. This platform enables users to communicate through short videos and images, known as Snaps, while offering various features such as personalized camera tools, group chats, and the ability to create and view stories. Snapchat's Discover section curates content from publishers and creators based on user interests. The Snap Map feature provides a live map displaying user locations, nearby friends, and popular stories. Additionally, the Memories function allows users to save and organize their Snaps in a searchable collection. In 2016, Snap launched Spectacles, video-sharing sunglasses that facilitate capturing content from a first-person perspective. Founded in 2010 and headquartered in Santa Monica, California, Snap Inc. was previously known as Snapchat, Inc.

Square

Series E in 2014
Square, Inc. is a financial technology company that provides comprehensive payment and point-of-sale solutions for businesses in the United States and internationally. Founded in 2009 and headquartered in San Francisco, the company offers a diverse ecosystem that includes both hardware and software products. Its hardware lineup features devices such as the Magstripe reader, Contactless and chip reader, Square Stand, Square Register, and Square Terminal, which facilitate various payment methods. On the software side, Square provides tools like Square Point of Sale, Square Appointments, and Square for Retail, among others, to help businesses manage sales, inventory, and customer relationships. Additionally, Square offers services such as managed payments, instant transfers, and small-business financing through Square Capital. The company also operates Cash App, enabling users to send, receive, and store money, and Weebly, which provides website hosting and domain registration services. With a focus on empowering businesses, Square continues to expand its offerings in mobile payments and merchant services.

Alibaba Group

Secondary Market in 2014
Alibaba Group is a leading global online and mobile commerce company based in Hangzhou, China, founded in 1999. The company operates a diverse range of platforms, including Taobao, a consumer-to-consumer marketplace, and Tmall, a business-to-consumer platform. Alibaba also manages Alibaba.com and 1688.com for wholesale transactions, along with AliExpress for international retail. Its services extend beyond e-commerce to cloud computing, digital media and entertainment, and local consumer services. Key assets include Cainiao, a logistics network, and Ele.me, a local delivery service. Additionally, Alibaba offers various marketing services, payment solutions, and operates content platforms such as Youku and Alibaba Pictures. As the world's largest online commerce entity by gross merchandise volume, Alibaba plays a crucial role in connecting consumers and businesses, facilitating transactions, and enhancing operational efficiencies through cutting-edge technology.

Spotify

Series D in 2011
Spotify is a leading music streaming service headquartered in Stockholm, Sweden, and operates on a global scale with 602 million monthly active users as of 2023. Founded in 2006, Spotify offers an extensive catalog of music and podcasts, allowing users to access content on various devices, including computers, mobile phones, and tablets. The platform features both a premium subscription model, which provides ad-free streaming, and an ad-supported service, generating revenue from ads. In 2023, 86% of Spotify's revenue came from premium subscriptions, while 14% was derived from advertising. Users can discover music collections, create and share playlists, and receive personalized recommendations. Spotify's infrastructure supports integration with social media platforms, enabling artists to promote their music and engage with fans effectively. The company operates various subsidiaries, including Spotify India Private Limited, enhancing its presence in international markets.
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