What is Accel?
Accel Inc., established in 1995 and headquartered in Columbus, Ohio, is a leading provider of contract packaging and assembly services. The company offers a comprehensive suite of solutions, including blister packaging, gift sets, rigid boxes, and shrink wrapping. Accel serves a diverse range of industries, such as food, cosmetics, personal care, and healthcare, leveraging its expertise in quality control, engineering innovation, and scalable operations. Their core mission is to translate product concepts into compelling packaged goods, supported by a flexible and inclusive labor model designed to meet specific project requirements.
How much funding has Accel raised?
Accel has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$707K
Debt (2020): $350K with participation from PPP
Debt (2021): $707K led by PPP
Key Investors in Accel
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Accel?
The recent major strategic investment signals a pivotal phase for Accel, likely enabling further expansion of its service offerings and operational capacity. This capital injection is expected to fuel advancements in their packaging technologies and potentially broaden their market reach within the food, cosmetics, personal care, and healthcare sectors. Accel's focus on engineering innovation and scalable operations positions it for continued growth and a strengthened competitive advantage in the contract packaging industry.
See full Accel company page