/Investors

Excelestar Ventures

Venture capital

Andover · Seed–Series B · 2 people tracked

Find your way into Excelestar Ventures

891 people in our graph share verified history with the Excelestar Ventures team — schools, employers, funds. One of them is your warm intro.

Bo Shaounlockedknows Tasneem Dohadwala · together at Matrixpartners (overlapped)
knows the team · via Matrixpartners
knows the team · via Analysis Group
knows the team · via Libertymutual
×8knows the team · via Golden Seeds
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Investment thesis

Excelestar Ventures invests in strong teams leading B2B companies in either technology or medical devices that have clear, disruptive technology. The firm believes that companies solving real market problems will build lasting market demand. It is deeply committed to equality, backing diverse teams, with a majority of its portfolio being minority-led and half female-led. While it stays largely on-thesis, it will occasionally invest off-thesis for exceptional teams. The firm emphasizes a rigorous diligence process as its competitive advantage, and positions itself as an active, supportive partner to its portfolio companies.

Source: firm website, verified Sep 20, 2026.

Stage
Seed–Series B
HQ
Andover, Massachusetts, US
Instruments
Equity
Founded
2010
Tracked investments
31
IPOs
3

Team · 2 people

from public directories

What they invest in

from 24 of 31 portfolio companies

Biotech ×9Healthtech ×9Medical Devices ×9AI & Machine Learning ×4Deep Tech ×4Media & Entertainment ×4New Materials ×3Advanced Manufacturing ×2

HQs:United States×18Türkiye×1

Who they back

founder profiles across 11 portfolio companies
64%
solo founders
7 of 11 mapped founding teams
18%
repeat founders
of 11 founders with career history

Founding team size:solo founder×72 founders×23 founders×2

Where their founders studiedfrom 11 founders with education data

Massachusetts Institute of Technology ×3Tufts University ×3University of California, Berkeley ×2

What their founders studiedfrom 11 founders with field-of-study data

Engineering ×7Life Sciences ×3Chemistry ×2Medicine ×2

Investments · 31 tracked

founders shown can be your intro path

By year:2025 · 22024 · 12023 · 12022 · 22018 · 12016 · 18 dated

Boston Scientificbostonscientific.cominNYSE: BSXAcquired

Boston Scientific supports external researcher-initiated studies through its Investigator Sponsored Research program, which funds independent investigations addressing disease understanding and treatment gaps of interest to the medical community.

HealthtechMedical Devices

John AbeleinPeter NicholasLance BatesinJonathan R. Monson(Executive Vice President and Chief Financial Officer)Miriam O'Sullivan(Senior Vice President, Chief Human Resources Officer)inMichael F. Mahoney(Chairman of the Board, President and Chief Executive Officer)

Co-investorsAndera PartnersCatalyst Health VenturesCouncilGood Growth CapitalLongitude CapitalNew Enterprise Associates (NEA)+6 more

Ribbon Communications, Inc.ribboncommunications.comin𝕏NASDAQ: RBBN

Ribbon Communications is a global software company providing real-time communications infrastructure for telecom service providers and enterprises, including session border controllers, call controllers, media gateways, and cloud-based unified communications platforms.

Cloud ComputingEnterprise SoftwarePlano, US

Bruce McClelland(President, CEO & Director)inSam Bucci(Executive Officer)inAnthony Scarfo(Executive Officer)Patrick Macken(Executive Officer)inSteven Bruny(Executive Vice President, Sales - Americas Region)inBruce W. McClelland(President and Chief Executive Officer)in

Co-investorsOak Investment Partners

Sera Prognosticsseraprognostics.comin𝕏NASDAQ: SERA

Sera Prognostics develops women's health diagnostics focused on pregnancy, including the PreTRM blood test that predicts an individual's risk of spontaneous preterm birth in singleton pregnancies and the LikeMine platform that compares pregnancy outcomes using U.S. pregnancy data.

BiotechDigital HealthFemTechHealthtechSalt Lake City, US

Douglas Fisher(Executive Officer)Jay Moyes(Executive Officer)inGregory C. Critchfield(Executive Officer, Director)inAndrew A. Sauter(Executive Officer)inZhenya Lindgardt(President and Chief Executive Officer)in

BoardMansoor Mirza(Director)

Co-investorsaMoonOUP (Osage University Partners)UpStart VenturesVivo CapitalCatalyst Health VenturesDomain Associates

Augmenixaugmenix.comJul 2016SEC filingmedium confidence

BiotechWaltham, US

John Pedersen(Executive Officer, Director)Patrick Campbell(Executive Officer, Director)Amarpreet Sawhney(Director)

BoardFarhad Khosravi(Director)Tara Butler(Director)

Board seatTasneem Dohadwala· per SEC Form D · $6M raise · filed Jul 2016

Co-investorsAscension Ventures

Instylla Incinstylla.comin𝕏Jul 2025

Instylla develops resorbable liquid embolic agents for interventional radiology and oncology, including the Embrace Hydrogel Embolic System and the Tembo Embolic System used to embolize hypervascular tumors and occlude peripheral blood vessels.

BiotechHealthtechMedical DevicesBedford, US

Amarpreet Sawhney(Executive Officer)Raymond Lareau(Executive Officer)inSteven Cagnetta(Executive Officer)Sean Boyle(Chief Executive Officer)in

BoardHenry Chen(Director)in

Board seatTasneem Dohadwala· per SEC Form D

Co-investorsAngel Physicians FundAscension VenturesDelos Capital

Adona Medicaladonamed.comin𝕏

HealthtechLos Gatos, US

Brian Fahey(Executive Officer, Director)inAmr Salahieh(Director)

BoardGAUTAM KAINTH(Director)Bihua Chen(Director)

Augmenixspaceoar.com

SpaceOAR Hydrogel is a polyethylene glycol-based hydrogel spacer used during prostate cancer radiation therapy to reduce urinary, sexual, and bowel side effects.

BiotechHealthtechMedical Devices

Brixtonbrixtonbio.com

Brixton Bio develops Reneurx therapy, a treatment aimed at providing long-lasting pain relief for up to six months from a single administration.

BiotechMedical Devices

Charles Sidoti(Founder)in

Co-investorsAngel Physicians FundFemHealth VenturesSchooner CapitalSV Health Investors

C3Dmaterialsc3dmaterials.comin

C3D Materials develops advanced elastomer materials and an additive manufacturing platform for 3D printing industrial-strength polyurethane rubber parts.

Advanced ManufacturingHardwareNew MaterialsGolden Valley, US

Cora Leibig(CEO & Founder)in

Co-investorsDas & Co.Golden SeedsSafar Partners

Cfocfo.comin𝕏

CFO.com is a news and editorial publication covering corporate finance, accounting, and the work of chief financial officers.

Media & Entertainment

Concertoconcertobio.comin𝕏

Concerto Bio generates large-scale ecological datasets on microbial communities and uses them to develop microbe-based consumer health products for applications such as skincare, chronic disease, and nutrition.

AI & Machine LearningBiotechDeep TechCambridge, US

Jared Kehe(Executive Officer, Director)inCheri Ackerman(Executive Officer, Director)inBernardo Cervantes(Executive Officer, Director)inVera Schroeder(Director)in

BoardSarah Luppino(Director)in

Co-investorsGolden SeedsHorizons VenturesISVM VenturesMassVenturesAxial VC

Conformal Medicalconformalmedical.comin𝕏

HealthtechNashua, US

Aaron V. Kaplan, MD(Executive Officer, Director)Aaron V. Kaplan(Executive Officer, Director)inAndy H. Levine(Executive Officer, Director)inJames Reinstein(Executive Officer, Director)in

BoardJoshua Phillips(Director)inScott Ward(Director)

Co-investorsAngel Physicians Fund

Datacydatacy.comin𝕏May 2022

Datacy measures and optimizes the consumer journey across discovery, validation, search, comparison, and purchase by tracking behavior signals across AI, social, search, commerce, and retail channels.

ConsumerMarketing TechSan Jose, US

Paroma Indilo(Executive Officer, Director)

BoardDana Wright(Director)

Co-investorsAuxxoData TechGraham Walker VentureHeartfelt CapitalLoftyInc CapitalUlu Ventures+5 more

Diesel Labsdiesellabs.comin𝕏Feb 2018

Diesel Labs uses synthetic focus groups and AI-driven conversation analysis to provide real-time audience intelligence, feeding curated data into models for consumer research, marketing, and content strategy.

AI & Machine LearningMarketing TechMedia & EntertainmentBoston, US

Anjali Midha(CEO)in

Co-investorsBeacon AngelsCentral Texas Angel NetworkGolden SeedsKern Venture Group

Impact Investing Musings𝕏

Buzzsprout is a podcast hosting and publishing platform that enables creators to upload, distribute, and monetize audio and video content across major podcast directories.

Creator EconomyMedia & EntertainmentSaaS

Co-investorsAVPNHealth2047JuniperUtah Governor’s Office of Economic Development (GOED)

Kandu Healthin𝕏

Neurolutions develops IpsiHand, a brain-computer interface therapy system for stroke survivors to improve arm and hand movement at home.

AI & Machine LearningHealthtechMedical Devices

Co-investorsAscension VenturesK2 HealthVenturesProlog Ventures

Libraryenterprisingwomenlibraryenterprisingwomen.com

Enterprising Women is a quarterly print and online magazine covering women entrepreneurs and business owners, featuring editorial on business topics, industry lists such as the WPO's 50 Fastest Growing Women-Owned/Led Companies, and profiles of women-led businesses.

Media & EntertainmentCary, US

Monica S. Smiley(Publisher/CEO)

Neurolutionsneurolutions.cominFeb 2025

Neurolutions makes IpsiHand, an FDA-cleared brain-computer interface system for at-home motor rehabilitation of chronic stroke survivors with arm and hand weakness.

BiotechDigital HealthHealthtechMedical DevicesVan Nuys, US

Eric Leuthardt(Director)inLeo Petrossian(Executive Officer, Director)in

BoardYuanwei Tai(Director)Kevin Reilly(Director)inFred Khosravi(Director)inStavros Vizirgianakis(Director)

Co-investorsAlly Bridge GroupAmed Ventures

Noor Findiknoorfindik.com.tr

Noor Fındık is a Turkish hazelnut company that grows, processes, and supplies hazelnuts, operating its own hazelnut orchard and sponsoring sustainable-farming initiatives.

AgTechFoodTechGiresun, TR

Nvision Imagingnvision-imaging.comin𝕏

NVision develops quantum computing and quantum-enhanced sensing platforms based on quantum spin control in organic molecules, with focus on healthcare applications including drug development and disease treatment.

AI & Machine LearningBiotechDeep TechMedical DevicesQuantum Computing

Co-investorsEntrée CapitalLauder PartnersMatterwave VenturesPlayground Global

RoadSyncroadsync.comin𝕏

RoadSync provides digital payment and accounts payable software for the transportation industry, focused on heavy truck repair shops, towing companies, and vendors.

FintechLogistics & Supply ChainSaaSAtlanta, US

Robin Gregg(CEO)inMatthew Chanoff(Director)Lansing Tyler Scriven(Director)

Co-investorsBLH Venture Partners, LLCCircadian VenturesClocktower VenturesCompanyon VenturesEQUIAMGray Ventures+8 more

Sealonixsealonix.comMay 2023

Sealonix develops hemostatic sealants based on proprietary biomaterials to control surgical bleeding, targeting surgeons and patients undergoing abdominopelvic and other surgical procedures.

BiotechMedical DevicesNew MaterialsBedford, US

Amarpreet Sawhney(Executive Officer, Director)Amar Sawhney(Founder)

Co-investorsJ2 VenturesAmed Ventures

Shifamedshifamed.comin𝕏Jul 2024 · $33.5M

Shifamed develops and brings to market medical devices designed to address unmet clinical needs in healthcare.

Deep TechHealthtechMedical Devices

Amr Salahieh(Founder)inClaudio Argentoin

Co-investorsAmed VenturesUnorthodox Ventures

Terecircuitsterecircuits.comin𝕏Jun 2022

Terecircuits develops materials, polymers, and lithography-based processes for micron-scale assembly and packaging in advanced manufacturing, enabling components smaller than a grain of pollen to be assembled at scale.

Advanced ManufacturingDeep TechNew MaterialsSemiconductorsMountain View, US

Jayna Sheats(Founder and CTO)inWayne Rickard(CEO)in

Co-investorsAspira CapitalGolden SeedsTech Coast Angels

Zetticsin

Westford, US

John St. Amand(Executive Officer, Director)John GIllespie(Executive Officer)inAaron McKee(Executive Officer)inDaniel Hess(Executive Officer)Tal Kedar(Executive Officer)inSteven Bailey(Executive Officer)

Co-investorsEmergence CapitalEmergence Capital PartnersNorth Bridge Venture PartnersOpenAir Equity PartnersSteamboat VenturesVoyager Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AltiostarAnovaChromaticDieselEyecoolS&P Global Market Intelligence

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 3

3 IPOs

Boston ScientificNYSE: BSXRibbon Communications, Inc.NASDAQ: RBBNSera PrognosticsNASDAQ: SERA

Frequently asked questions

How many investments has Excelestar Ventures made?
Excelestar Ventures has 31 tracked investments, 3 of which have exited, including 2 dated in the last 24 months.
What stage does Excelestar Ventures invest at?
Excelestar Ventures invests at the Seed, Series A, Series B stages.
What sectors does Excelestar Ventures focus on?
Excelestar Ventures focuses on Digital Health, Enterprise Software, Medical Devices, SaaS.
Where is Excelestar Ventures located?
Excelestar Ventures is headquartered in Andover, US.
Who does Excelestar Ventures co-invest with?
Excelestar Ventures most often shares deals with Angel Physicians Fund, Golden Seeds, Ascension Ventures, among 64 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Female VC Lab Podcast E067: Tasneem Dohadwala of Excelestar Ventures

Female VC Lab · Tasneem Dohadwala

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