Excelestar Ventures is a venture capital firm based in Andover, Massachusetts, founded in 2010. The firm invests in early-stage B2B companies with disruptive technology, with a particular focus on medical technology, deep technology, and diverse-led teams.
67% of their portfolio is in Healthcare. Average disclosed round size is $30.5M (across 6 rounds with reported amounts).
Portfolio
4
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Adona Medical | Series C | $33.5M | Jul 2024 |
| AAdona | Series C | $33.5M | Jul 2024 |
 Instylla | Unknown | $30M | Jan 2023 |
| Adona Medical | Series B | $37.5M | Apr 2022 |
| AAdona | Series B | $37.5M | Jan 2022 |
 Augmenix | Series D | $10.8M | — |
Top Co-Investors
Cormorant Asset Management4 shared
PA MedTech VC Fund3 shared
AMD Ventures2 shared
Health Catalyst Capital2 shared
Sparta2 shared
The General Partnership1 shared
Northpond Ventures1 shared
W Health Ventures1 shared
Correlation Ventures1 shared
Ascension Ventures1 shared
Delos Capital1 shared
Last updated: 20 October 2026