# Excelestar Ventures

Excelestar Ventures is a Venture Capital based in Andover, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Andover, United States
- **Region:** North America
- **Address:** Andover, MA, United States
- **Founded:** 2010
- **Assets under management:** Undisclosed
- **Website:** excelestarventures.com
- **LinkedIn:** https://www.linkedin.com/company/excelestar-ventures-llc

## Regulatory record

- **Reports private funds:** No

## About

Excelestar Ventures invests in businesses expanding their industry presence. The firm helps portfolio companies achieve operational efficiencies for growth and sustainable profits. Excelestar Ventures has made 24 investments, including a Series B - III investment in Instylla on October 17, 2025, and has facilitated 2 portfolio exits, including Augmenix on September 06, 2018.

## Sectors

- MedTech
- Enterprise Software
- Industrial Tech

## People

- Tasneem Dohadwala — Founding Partner
- Emily Giudice — Principal

## Questions

### Who runs investment decisions at Excelestar Ventures?

Investment decisions are led by Founding Partner Tasneem Dohadwala. She founded the firm in 2010 and sets its strategic direction, with Principal Emily Giudice supporting deal execution and portfolio management. Dohadwala's prior experience at Matrix Partners and Lehman Brothers informs her approach to early-stage venture investing.

### What stages and sectors does Excelestar Ventures target?

The firm targets seed and early-stage companies in medtech and technology. On the medtech side, it seeks groundbreaking devices — past investments include Augmenix and nVision, both acquired by Boston Scientific. On the technology side, it backs enterprise-software and industrial-tech companies such as Diesel Labs and datacy. Excelestar will also participate in expansion rounds for existing portfolio companies.

### How does Excelestar distinguish its investment process?

The firm publicly frames its diligence process as its competitive advantage. The sequence starts with market-sizing analysis, then primary interviews with experts and customers to validate the pain point, followed by a qualitative and quantitative deal report that catalogs positives and risks. Before investing, Excelestar defines the specific partnership commitments it will make to the company.

### What is the relationship between Excelestar Ventures and Golden Seeds?

Founding Partner Tasneem Dohadwala is a Managing Partner of Golden Seeds, a national angel network that invests in women-led startups. While the two entities are separate, Dohadwala integrates that mandate at Excelestar by deliberately seeking out and mentoring female founders. The firm actively searches for women-led companies as part of its investment strategy.

### What is Excelestar Ventures' geographic focus?

Excelestar is headquartered in Andover, Massachusetts, and while it describes its opportunities as global, its known portfolio companies are heavily concentrated in the United States. Founding Partner Tasneem Dohadwala's deep community ties in the New England ecosystem — including roles at Wellesley College, Phillips Academy Andover, and TiE Boston — give the firm a strong local sourcing advantage.

## Related profiles

- [Excelerate Health Ventures](https://altss.com/profile/excelerate-health-ventures)
- [Excellence Alternative Assets](https://altss.com/profile/excellence-alternative-assets)

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Last updated: 2026-06-03T20:00:00.000Z

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