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Exadel

Exadel is a data and AI advisory and engineering firm founded in 1998, led by CEO Michael Boustridge with 3,000+ engineers in 30 countries.

Exadel

Partner with Exadel to modernize legacy systems, adopt AI responsibly, accelerate product delivery, and optimize digital engineering. Trusted by global enterprises to deliver scalable, data-driven solutions that transform business performance.

General information

Firm type

other

Year founded

1998

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Walnut Creek

Corporate office

1255 Treat Blvd., Suite 300, Walnut Creek, CA 94597, United States

Additional offices

Tampa, FL, United States · Seattle, WA, United States · Halifax, NS, Canada · Toronto, ON, Canada · São Paulo, Brazil · Berlin, Germany · Kraków, Poland · Szczecin, Poland · Warsaw, Poland · Vinnytsia, Ukraine · Białystok, Poland · Sofia, Bulgaria · Vilnius, Lithuania · Gdańsk, Poland · Tashkent, Uzbekistan · Tbilisi, Georgia

Principals

Michael Boustridge

CEO

Sector focus

Enterprise SoftwareAI/MLData Engineering & AnalyticsDigital HealthFinancial ServicesRetail & CPGTelecommunicationsMedia & EntertainmentTravel & TransportHealthcare ServicesPrivate Equity

Frequently asked questions

Who runs investment decisions at Exadel?

Exadel is not an investment firm — it is a private engineering and AI advisory company. Decisions are led by CEO Michael Boustridge, whose leadership biography is featured on the firm's website. Exadel does not manage third-party capital or have an investment committee in the traditional family-office sense.

How does Exadel source proprietary deal flow?

Exadel does not source deals in the venture capital sense. It generates client engagements through direct outreach, its website contact form, and partner relationships with technology platforms. The firm highlights case studies with companies like Pure Storage, Kalibrate, Amarr, Banco Original, and 9th Gear as examples of client projects.

Is Exadel structured as a family office or does it operate more like a venture firm?

Exadel is neither a family office nor a venture firm. It is a privately held engineering and AI consultancy that provides services to enterprises. The firm does not disclose any investment portfolio, AUM, or deployment activity. Its core business is delivering software engineering and AI solutions for clients.

What investment stages does Exadel typically target?

Exadel does not target investment stages. It engages with clients at any stage of technology modernization, from legacy system upgrades to AI adoption and product acceleration. The firm's services span strategy, consulting, engineering, and delivery across the entire software lifecycle.

Which sectors does Exadel explicitly avoid?

Exadel does not publicly list excluded sectors. Its case studies and industry pages cover financial services, healthcare, retail, telecom, travel, software, and private equity. The firm does not seem to market services in defense, aerospace, or energy extraction, but no explicit avoidance is stated.

Does Exadel maintain philanthropic structures, and how are they separated?

Exadel has an ESG page and a Women@Exadel initiative listed in its website navigation, but no philanthropic foundation or separate charitable entity is publicly disclosed. The firm's corporate structure does not appear to include a formal philanthropic arm.

What is Exadel's known posture on co-investments alongside external GPs?

Exadel does not participate in co-investments as an investment activity. Its private equity practice — listed as an industry vertical — focuses on engineering delivery and AI transformation for PE portfolio companies, not on making equity investments alongside general partners.

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