# Acelab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acelab

- Industry: Software
- Headquarters: New York, US
- Website: www.acelabusa.com/
- Total disclosed funding: $25M
- Latest round: Series A (Sep 10, 2025)
- Investors on record: 11

## About

Based in New York City, US, and founded in 2019, Acelab, Inc. operates as a digital platform that connects architects and contractors to manufacturers and distributors of construction materials and products. The company was co-founded by Andrew Setiawan, Carly McQueen, Dries Carmeliet, and Vardhan Mehta, and in July 2023, Acelab, Inc. raised USD 5.25 million in venture funding co-led by PJC, Draper Associates, and Pillar Companies, Branagh Development, Klingenstein Fields Wealth Advisors, Transcend Partners, and Westview Partners.

Acelab Inc's platform allows users to browse by product category, apply search filters, see product highlights, download documentation, access visitor reviews and consolidate data so users can focus on other tasks. It features a product library and comparison, price quotes, lead times, spec sheets, and manufacturer database management and analytics. In October 2025, Acelab, Inc. raised USD 16.57 million in seed funding led by Navitas Capital, with participation from DivcoWest Ventures, JLL Spark, Klingenstein Fields Wealth Advisors, Draper, Pillar, PJC, and Transcend Partners. Individual investors and other unspecified investors also participated in the round. The company plans to utilize the October 2025 funding for artificial intelligence capability expansion, geographic market entry, and integration development with design software platforms.

## Funding rounds

- Series A, Sep 10, 2025, $17M — PJC, Navitas Capital, Draper, Klingenstein Fields Advisors, DivcoWest Ventures, Pillar, JLL Spark, Transcend Partners
- Seed, Jul 10, 2023, $5.3M — PJC, Draper, Alpaca, Klingenstein Fields Advisors, Pillar, Transcend Partners, Westview Partners, Branagh Development, Inc.
- Seed, Jul 14, 2021, $3.5M — Draper, Alpaca, Pillar

## Investors

- Draper (https://capitalatlas.ai/funds/draper) — Seed, Series A
- Alpaca (https://capitalatlas.ai/funds/alpaca) — Seed
- Pillar (https://capitalatlas.ai/funds/pillar) — Seed, Series A
- PJC (https://capitalatlas.ai/funds/pjc) — Seed, Series A
- Klingenstein Fields Advisors (https://capitalatlas.ai/funds/klingenstein-fields-advisors) — Seed, Series A
- Transcend Partners — Seed, Series A
- Westview Partners (https://capitalatlas.ai/funds/westview-partners) — Seed
- Branagh Development, Inc. — Seed
- Navitas Capital — Series A
- DivcoWest Ventures (https://capitalatlas.ai/funds/divcowest-ventures) — Series A
- JLL Spark (https://capitalatlas.ai/funds/jll-spark) — Series A