Excel Venture Management
Boston · Seed–Late Stage · 7 people tracked
Investment thesis
Excel Venture Management focuses on backing companies leveraging cutting-edge life science technologies to address healthcare challenges and broader societal needs. The firm diversifies its portfolio across healthcare IT services, diagnostic solutions, medical devices, and life science platform companies.
Source: firm website, verified Jul 21, 2026.
Team · 7 people
from the firm's websiteRecognized authority on life sciences' economic impact and accomplished entrepreneur. Previously led Harvard Business School's Life Sciences Project and co-founded Synthetic Genomics with Nobel Prize winner Hamilton Smith. Has authored bestselling books on the future of the bio-based economy and advises Fortune 50 CEOs and government leaders on life sciences adaptation.
Veteran healthcare finance professional with over three decades of experience investing in biotech and healthcare companies. Co-founded CB Health Ventures in 1998 and has directed investments across multiple venture funds focused on businesses that lower costs and improve healthcare outcomes, leveraging an extensive network of healthcare provider limited partners.
Combining deep scientific expertise with entrepreneurial and investment experience, he co-founded Excel in 2008 and served as Managing Director for a decade. Former Harvard Medical School faculty member and prolific researcher in life sciences, he has guided numerous successful exits and currently focuses on disruptive life science technology platforms across therapeutics, diagnostics, and digital health.
Experienced life sciences and healthcare operator with nearly 25 years across startup financing and commercialization. Instrumental in sourcing and structuring Excel investments while advising portfolio companies on strategic partnerships and market strategies. Also serves as Managing Director of the MemorialCare Innovation Fund.
Financial services professional with over 25 years of experience in both buy and sell-side operations. Previously served as Regional Business Administrator for Credit Suisse Private Banking.
Venture capital finance veteran with over 18 years of experience in fund financial management and reporting. Previously served as CFO at Atlas Venture and brings expertise in venture accounting, compliance, and investor relations alongside relevant CPA credentials.
Private equity operations specialist with 27 years of experience overseeing financial reporting, investor relations, and administrative functions. Previously directed finance and administration for CB Health Ventures, managing funds with substantial capital under management.
What they invest in
from 9 of 21 portfolio companiesHealthtech ×7AI & Machine Learning ×4Enterprise Software ×3Biotech ×2Digital Health ×2Medical Devices ×2Circular Economy ×1Cloud Computing ×1
HQs:United States×3
Investments · 21 tracked
founders shown can be your intro pathClearDATA is a cloud security and compliance platform purpose-built for healthcare organizations. It provides cloud security posture management (CSPM) software to prevent, detect, and remediate compliance drift and sensitive data gaps across AWS, Azure, and Google Cloud Platform, with expertise in HIPAA, HITRUST, and GDPR regulations.
Cloud ComputingCybersecurityDigital HealthHealthtech
Rick Froehlich(President & Chief Executive Officer)Jim Ducharme(Chief Technology Officer)Gregg Bjork(Chief Revenue Officer)Drew Schaal(Chief Financial Officer)
InfoBionic.Ai develops a remote cardiac monitoring platform called MoMe ARC that combines AI-powered ECG analysis, interchangeable biosensors, and clinical analytics to enable hospital-grade cardiac telemetry outside traditional hospital settings. The platform serves hospitals and cardiac care facilities seeking to improve monitoring quality, detect arrhythmias like atrial fibrillation, and streamline remote patient management workflows.
AI & Machine LearningHealthtechMedical Devices
Thermo Fisher Scientific operates a commercial platform for registered customers, distributors, and authorized representatives to purchase products and services in the life sciences sector.
BiotechEnterprise SoftwareHealthtech
McKesson is a pharmaceutical and medical supply distributor that serves the North American healthcare ecosystem, including pharmacies, hospitals, doctors' offices and clinics. The company also provides financial support solutions for healthcare providers, research and technology platforms for cancer and specialty care, patient access programs, and medication cost management solutions for employers and payers.
Enterprise SoftwareHealthtechLogistics & Supply Chain<UNKNOWN>, US
Openwater develops miniaturized medical devices that use light, sound, and electromagnetic manipulation to treat diseases including cancers, stroke, and mental illness, operating as a hardware and AI platform for physiological data collection and treatment.
AI & Machine LearningHardwareMedical Devices
Orions Bio discovers, designs and engineers molecules that connect proteins on and within cells to reprogram disease-driving processes or activate immune responses. The company develops small molecule drugs, conditionally active cytokines, and multimodal cell engagers for cancer, autoimmune diseases, and neurodegenerative disorders.
BiotechDeep TechHealthtech
Qstream provides an AI-powered microlearning platform that helps organizations create and deliver job-critical training courses quickly. The platform uses scientifically-backed methodology and analytics to improve knowledge retention and workplace proficiency across enterprise teams.
AI & Machine LearningEdTechEnterprise Software
Philips develops health and sustainability-focused consumer products and applications designed for durability and recycling. The company serves individuals and families seeking healthier lifestyles through technology solutions aligned with circular economy principles.
Circular EconomyConsumerHealthtech
Welldoc develops an AI-driven digital health platform focused on cardiometabolic disease management, providing personalized treatment solutions for patients with diabetes and related conditions. The company serves healthcare providers, health plans, and patients seeking evidence-based, technology-enabled chronic care management.
AI & Machine LearningDigital HealthHealthtechBaltimore, US
Kevin McRaith(President and CEO)Anand Iyer(Chief AI Officer)
Board seats · per SEC filings
what is this? ⓘ$9M raise · filed Jan 2023 · via Caleb D. Winder
Inferred from directors named on each company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Excel Venture Management invest at?
- Excel Venture Management invests at the Seed, Late Stage stages.
- What sectors does Excel Venture Management focus on?
- Excel Venture Management focuses on Digital Health, Healthtech, Medical Devices.
- Where is Excel Venture Management located?
- Excel Venture Management is headquartered in Boston, US.
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