# Excelerate Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/excelerate-labs

- Industry: Financial Services
- Headquarters: Chicago, US
- Website: www.exceleratelabs.com
- Latest round: Seed (Jan 1, 2010)
- Investors on record: 1

## About

Excelerate Labs is a Chicago-based startup accelerator that empowers early-stage companies by providing essential resources, mentorship, and funding access to foster innovation and entrepreneurship in various sectors.Excelerate Labs operates as a startup accelerator based in Chicago, specializing in supporting early-stage companies. Founded by Nick Rosa and Sam Yagan, the firm has successfully navigated its business strategy to focus on tailored programs for startups across multiple industries. In December 2012, Excelerate Labs raised USD 2.5 million in financing, led by Battery Ventures and supported by notable investors including OCA Ventures, Lightbank, and 500 Startups. The firm has participated in three deals to date, with its headquarters located in Chicago, US.Excelerate Labs runs the Excelerator Titan, a prominent startup accelerator dedicated to enhancing early-stage companies by offering vital resources, mentorship, and funding opportunities. The accelerator caters to startups across various industries, including legal services and home services, providing customized programs that align with specific developmental stages. Excelerate Labs has supported over 1,500 startups and 2,450 founders, with a mission to promote innovation and entrepreneurship in a competitive market.Excelerate Labs generates revenue primarily through its accelerator programs, which involve mentorship fees, equity stakes in participating startups, and potential performance-based incentives. Their unique offerings, such as the Titan Club, provide startups with exclusive resources and networking opportunities, enhancing their collaborative environment. The firm's revenue structure is based on a B2B model that fosters direct relationships with startups, although specific pricing for participation is not disclosed.Excelerate Labs aims to expand its offerings and market reach by introducing new programs designed to cater to a broader range of startup needs. The firm plans to utilize recent funding of USD 2.5 million, raised in December 2012, to bolster its initiatives, enhancing mentorship and resource allocation. Future growth strategies include targeting startups outside of Chicago to capture competitive markets across the United States, ensuring the accelerator continues to adapt to the evolving challenges faced by entrepreneurs.

## Funding rounds

- Seed, Jan 1, 2010 — Pritzker Group Venture Capital

## Investors

- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Seed