About Excelerate Health Ventures
Excelerate Health Ventures is a venture capital firm founded in 2013. It is primarily based out of Research Triangle Park, United States. As of Sep 2024, Excelerate Health Ventures has invested in 22 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and Life Sciences. Most recently it led the $4.31M Series A round of S2N along with Boston Millennia Partners. This round also saw participation from Robin Hood Ventures.
Overall, Excelerate Health Ventures portfolio has seen 1 IPO and 6 acquisitions including key companies like NurseGrid, Careport and USARAD Holdings. A lot of funds co-invest with Excelerate Health Ventures, with names like Boston Millennia Partners sharing a substantial percentage of its portfolio.
Excelerate Health Ventures has team of 26 people including 4 partners.
Key Metrics
Team Members
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Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio IPOs
Portfolio Acquisitions
Excelerate Health Ventures' List of Top Investments
Excelerate Health Ventures has a portfolio of 22 companies. Their most notable investments are in NurseGrid and BEKHealth.Their portfolio spans across and United States. They have invested in Enterprise Applications, HealthTech, Life SciencesÌý²¹²Ô»å 2 other sectors, across stages such as Series A, Seed Ìý²¹²Ô»å 1 more. Here is the list of top investments by Excelerate Health Ventures:1. Elligo
Key facts about Elligo
- Founded Year: 2016
- Location: Austin (United States)
- Stage: Series E
- Total Funding till date: $176M
- Employee Count: 280 as on Dec 31, 2021
- Investors: Piper Jaffray, Morgan Stanley and 12 Others
- Latest Funding Round: Venture Debt, Oct 03, 2023, $40M
- Highlight: Editors' Pick
2. Censinet
Provider of a cloud-based risk and vendor management solutions for healthcare industry. The company provides a cloud-based platform to track and update on the products in the supply chain. They offer a real-time intelligence platform to provide workflows management in the system. It has tools for workflow automation, assessment response, and vendor networking. The platform aids in the process of compliance management.
Key facts about Censinet
- Founded Year: 2017
- Location: Boston (United States)
- Stage: Series A
- Total Funding till date: $22M
- Employee Count: 22 as on Dec 31, 2022
- Investors: HLM Venture Partners, Schooner Capital and 6 Others
- Latest Funding Round: Series A, Jan 11, 2023, $9M
- Highlight: Editors' Pick
3. NurseGrid
NurseGrid is the web and app-based solution for integrated staffing and communication between nurses and nursing departments. The platform has features that include scheduling staff (a regular, on-call, charge, and more). Nurses can see who they work with during every shift. Users are allowed to add up to eight different color-coded worksites. The platform allows users to set expiration reminders for their credentials and finds colleagues to swap shifts with. The company has developed two products known as NurseGrid mobile for the nurses and NurseGride Manager for the hospital administration for staff scheduling.
Key facts about NurseGrid
- Founded Year: 2013
- Location: Portland (United States)
- Stage: Acquired
- Total Funding till date: $9.36M
- Employee Count: 29 as on Dec 31, 2022
- Investors: Boston Millennia Partners, Hatteras Venture Partners and 5 Others
- Latest Funding Round: Series B, Jan 18, 2018, $5.7M
- Highlight: Acquired
4. Careport
Provider of cloud-based post-acute care coordination platform for hospitals. The platform coordinates post-acute care delivery by networking patients with post-hospital treatment and education during recovery. Patients can search for post-hospital care providers and book using the software. The software enables hospitals to evaluate and manage patients through customized treatment plans. Patients are provided with optimized care guides with the cloud-based EHR integration, connect with physicians for referrals, and get provider performance metrics.
Key facts about Careport
- Founded Year: 2012
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $5.4M
- Employee Count: 6,240 as on Sep 30, 2019
- Investors: Baseline Ventures, Rothenberg Ventures and 15 Others
- Latest Funding Round: Series A, May 29, 2015, $3.8M
- Highlight: Acquired
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5. BEKHealth
Provider of patient screening, recruitment, and analytics solution. The software is a SaaS solution that helps in patient screening, recruitment, and analytics. The platform provides features for EMR data processing, clinical research workflow, and performance analytics.
Key facts about BEKHealth
- Founded Year: 2016
- Location: New York City (United States)
- Stage: Series C
- Total Funding till date: $15.7M
- Investors: Boston Millennia Partners, Hatteras Venture Partners and 6 Others
- Latest Funding Round: Series C, Sep 06, 2024, $4M
- Highlight: Editors' Pick
Excelerate Health Ventures' Year-on-Year Investment Trends
Excelerate Health Ventures has invested in 22 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. In 2024, it made 3 investments. Its most recent first time investment was in S2N and most recent follow-on round was in BEKHealth.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 1 | 2 | 3 |
2023 | 2 | 1 | 3 |
2022 | 2 | 0 | 2 |
2021 | 2 | 0 | 2 |
2020 | 0 | 0 | 0 |
2019 | 0 | 1 | 1 |
2018 | 2 | 1 | 3 |
2017 | 0 | 1 | 1 |
2016 | 2 | 1 | 3 |
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Excelerate Health Ventures' Investments by Stage
Excelerate Health Ventures has made 10 investments in Series A stage with an average round size of $5.64M, 4 investments in Seed stage with an average round size of $3.2M and 1 investment in Series B stage with an average round size of $16.2M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 10 |
Seed | 4 |
Series B | 1 |
Excelerate Health Ventures' Investments by Sector
Excelerate Health Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Vertical SaaS, Life Sciences and Healthcare. Notably, it has invested in 17 Enterprise (B2B) companies, 16 Tech companies, 13 Software companies and at least 11 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
HealthTech | 12 |
Vertical SaaS | 9 |
Life Sciences | 4 |
Healthcare | 3 |
Others | 3 |
Excelerate Health Ventures' Investments by Geography
Excelerate Health Ventures has made most investments in United States (15).
Excelerate Health Ventures' recent investments
Here are the most recent investments by Excelerate Health Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 06, 2024 | United States | Series C | $4M | ||
Aug 23, 2024 | United States | Series A | $5.5M | BIP Ventures [+1] | |
May 10, 2024 | United States | Series A | $4.31M | ||
Oct 10, 2023 | United States | Seed | $6.8M | ||
Oct 05, 2023 | United States | Seed | $2.76M |
Get the detailed list of all investments by Excelerate Health Ventures. Download now!IPOs and Publicly Listed companies in Excelerate Health Ventures' Portfolio
Here are Excelerate Health Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | - |
Acquired companies in Excelerate Health Ventures' Portfolio
Here are Excelerate Health Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 09, 2022 | Feb 24, 2016 | Seed | $2.1M | |
Nov 09, 2021 | Mar 12, 2015 | Series A | $3M | |
Jul 20, 2021 | - | - | - | |
Oct 13, 2020 | May 29, 2015 | Series A | $3.8M | |
Feb 01, 2019 | Jun 22, 2015 | Seed | $1.16M |
Team profile of Excelerate Health Ventures
Excelerate Health Ventures has a team of 26 membersÌýincluding 4 Partners, 1 Venture Partner and 2 PrincipalsÌýlocated in United States. Excelerate Health Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Excelerate Health Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Raleigh | - | ||
Partner | - | - | , | |
Partner | Durham | - | ||
Partner | - | - | ||
Venture Partner | Durham | - | ||
Principal | Chicago | - | ||
Principal | - | - | ||
Advisor | - | - | ||
Advisor | Durham | - | ||
Advisor | Raleigh | - | ||
Advisor | Chapel Hill | - |
Get the full list of Excelerate Health Ventures' team & partners for free. Download now!Co-investors of Excelerate Health Ventures
Over the past 10 years, 66 investors have co-invested in Excelerate Health Ventures's portfolio companies.
- Invested before Excelerate Health Ventures:ÌýTechstars, Rothenberg Ventures and 7 others have invested in rounds before Excelerate Health Ventures. There are 1 company where Techstars has invested before Excelerate Health Ventures and 1 company where Rothenberg Ventures has invested before Excelerate Health Ventures.
- Top Co-investors of Excelerate Health Ventures:Ìý35 investors entered a company along with Excelerate Health Ventures. These include investors like Boston Millennia Partners (4 companies).
- Invested after Excelerate Health Ventures:ÌýA total of 22 investors have invested in Excelerate Health Ventures's portfolio after their investments. Top Investors include Hatteras Venture Partners (3 companies), Horizon (1 company) and Piper Jaffray (1 company).
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