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Excell Partners operates as a venture capital firm dedicated to fostering innovation by investing in high-tech, high-growth companies primarily located within New York State, with a particular emphasis on the Upstate region. The firm provides early-stage capital up to $1.5 million, alongside hands-on support and strategic connections, aiming to commercialize university intellectual property and drive technical breakthroughs across sectors including biotech, AI, medical devices, and advanced manufacturing.
The firm was established in 2005, a collaboration initiated in the early 2000s between the University of Rochester and Empire State Development. This partnership was founded on the insight that a significant gap existed between groundbreaking academic research and its potential for commercial viability. Excell Partners was formed to bridge this divide, translating academic innovation into viable businesses.
Excell Partners serves a diverse array of high-growth startups and actively seeks to support diverse founding teams and underserved communities throughout New York State. Its long-term vision is to continuously identify, nurture, and scale promising technology-driven companies, building a robust and inclusive entrepreneurial ecosystem within the region. The firm commits to long-term partnerships, guiding portfolio companies through growth and commercialization.
Key people at Excell Partners.
Key people at Excell Partners.
Excell Partners has 5 tracked investments across 5 companies. The latest tracked deal is $15.0M Series A in Thread in October 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2023 | Thread | $15.0M Series A | Blaine Crissman | Balderton Capital, Beringea, Draper Triangle, Greylock, Innovation Works, Starburst Ventures, The Founder Coach, Waverley Capital, David Haywood Smith, Errol Damelin, IAN Hogarth, Jared Kopf, Kevin O'leary, Michael Birch, Nirav Tolia, Nathaniel Asher Kraut, Homegrown Capital, Minnkota Power Cooperative, Rosecliff Ventures, Wonder Fund North Dakota |
| Jan 1, 2022 | Owl AI | $15.0M Series A | Michael Remmes | Luminate Accelerator, Sanjay JHA, MHNW Consortium, NEW York Ventures |
| Mar 1, 2020 | Casana | $2.0M Seed | NAN Jiang | Draper Esprit, NCT Ventures, Norrsken VC, Impact Capital OF NEW York, LaunchNY, RIT Venture Fund, Tech Coast Angels |
| Nov 5, 2018 | Kinvolved | $1.5M Seed | Stephanie Khurana | GingerBread Capital, NEW York Ventures, Erin Reilly, U2I |
| Aug 21, 2013 | GiveGab | $1.6M Other Equity | Jennifer Tegan, Excell Partners, Benjamin LIN, Rand Capital | — |