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Accel 2021 Euroscape: On the path to global dominance?

Cracking the Code

While the average forward revenue multiple has declined slightly since its February 2020 peak (19x), it’s still higher today than last year at 17x vs 15.8x We’ll also see the emergence of more low code / no code platforms that address specific vertical needs. The Index added another $0.9T in Sept 2020. What’s next?

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2020 Accel Euroscape: Decacorn Unleashed

Cracking the Code

The average revenue multiple is now 17x+, close to 10 times higher than during the 2008 crisis! The founders refocused their foundation to help fight COVID in Romania, achieving a massive impact. It seems unstoppable with around $1 trillion of value created in the past 12 months and the Cloud Index massively outperforming the Nasdaq.

Europe 71