Excell Partners


Excell Partners is a regional venture capital fund affiliated with the University of Rochester that invests in high-tech, high-growth startups across New York State, with emphasis on Upstate New York and the Finger Lakes region. The firm provides direct capital (typical checks near $1M, up to $1.5M per round) and hands-on support including board involvement, mentorship and introductions to corporate, university and government partners. Sector focus reported on the site includes medical devices, materials, energy, biotech, agtech, imaging and IT/software; Excell also notes an emphasis on minority- and women-owned ventures.

Excell Partners

Rochester, New York, United States, North America


Services

Equity and Convertible Financing

Direct capital to startups using equity and convertible instruments; typical checks ~ $1M and up to $1.5M per round as cited on the site.

Network and Institutional Connections

Introductions and facilitated connections to corporate partners, universities, regional government and economic development resources to support commercialization, partnerships and business development.

Operational Support and Mentorship

Board participation, mentorship and operational advising intended to accelerate growth and prepare companies for exit events; includes hands-on engagement and long-term partnership approach.

Fund and Program Management for Regional Initiatives

Management or participation in state and regional seed funds or programs, including administration of MWBE-focused seed investments and other regional capital initiatives referenced on the site.


Portfolio

#Medical diagnostics

#Health / remote patient monitoring

Acquired by Plug Power (announced July 25, 2018).

#Energy / fuel cells

#Wearables / enterprise software

Announced products and partnerships in advanced materials and defense/manufacturing programs.

#Advanced materials / energy

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