# Excelero

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.excelero.com
- Total disclosed funding: $31M
- Latest round: Series B (Nov 7, 2017)
- Investors on record: 3

## About

Excelero, Inc. is a US-based software company specializing in AI-driven platforms for life sciences research, offering advanced solutions like NVMesh and DGX Cloud for optimized data management in complex workflows.Founded in 2014 in San Jose, US, Excelero, Inc. focuses on high-performance storage solutions for AI and machine learning. The company has secured funding through 4 deals, with the most recent being a Series B round of USD 25.00 mn led by Battery Ventures on March 7, 2022. The founders, Ofer Oshri, Omri Mann, and Yaniv Romem, have a history of experience in technology and software development, with Yaniv Romem currently serving as CEO.Excelero specializes in providing an AI-driven platform tailored for life sciences research and discovery, offering a fully managed end-to-end solution on leading cloud environments. The core product offerings include NVMesh, a high-performance storage solution designed to optimize data management for AI and machine learning workflows, and the DGX Cloud, which delivers scalable, containerized AI models and software development kits (SDKs). Excelero's solutions integrate advanced simulation and artificial intelligence into complex 3D workflows, enhancing the capabilities of researchers and developers across various sectors, including healthcare, automotive, and autonomous systems. Their products are utilized by a diverse client base, ranging from research institutions to enterprises focused on innovative applications in medical devices and autonomous vehicles. Geographically, Excelero markets its products globally, serving clients in North America, Europe, and Asia, where there is a growing demand for advanced computing solutions in life sciences and AI.Excelero generates revenue through various transaction models, primarily focused on B2B partnerships and direct sales to enterprises. The company’s revenue streams include subscription-based services for its cloud offerings, allowing businesses to access scalable AI resources tailored to their needs. Clients typically engage in multi-year agreements for the deployment of flagship services such as NVMesh and DGX Cloud, contributing to a steady income stream. Given the enterprise focus, pricing structures are aligned with service tiers that provide varying levels of support, storage capacity, and computational power, catering to organizations of different sizes and needs. This structured approach to transactions facilitates long-term relationships with clients, ensuring continuous revenue flow and the ability to scale solutions as business requirements evolve.In March 2022, NVIDIA Corporation acquired Excelero, Inc. to integrate its technology into NVIDIA's enterprise software stack. Future growth initiatives include developing new products aimed at enhancing AI capabilities in life sciences, with plans to expand into North America, Europe, and Asia by late 2023. The recent funding from the Series B round will support these initiatives and facilitate entry into emerging markets.

## Funding rounds

- Series B, Nov 7, 2017, $25M — Battery Ventures, Qualcomm Ventures, Square Peg
- Series A, Nov 1, 2015, $5.5M — Square Peg

## Investors

- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series A, Series B
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series B