About Excelanova Ventures
Excelanova Ventures is a venture capital firm It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Overall, Excelanova Ventures portfolio has seen 3 unicorns, 2 IPOs and 4 acquisitions including key companies like Knix, Jumbotail and StarkWare. Excelanova Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Excelanova Ventures' List of Top Investments
Excelanova Ventures has a portfolio of 35 companies, including 3 unicorns. Their most notable investments include Knix and GRIN.Their portfolio spans across United States, Canada, Germany and 2 more locations. They have invested in Enterprise Applications, High Tech, Retail and 18 other sectors. Here is the list of top investments by Excelanova Ventures:
1. Knix
Knix is an internet-first brand of innerwear for women. The product catalog includes bras, underwear, sportswear, thigh saver, leakproof underwear, and more. They also offer sports socks. The company claims that its products are manufactured using moisture-wick technology, are wire-free & anti-microbial.
Key facts about Knix
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $58.7M
- Employee Count: 365 as on Sep 30, 2026
- Investors: Lead Edge Capital, TZP Group and 10 Others
- Latest Funding Round: Series B, May 18, 2021, $*****
- Highlight: Acquired
2. GRIN
Platform offering influencer marketing solutions for ecommerce businesses. It provides a platform to build relationships. It also allows businesses to post campaigns on the platform and discover relevant influencers. Its solutions provided are influencer analysis, comparison, fake influencer tool, chrome extension, and more.
Key facts about GRIN
- Founded Year: 2014
- Location: Sacramento (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $144M
- Employee Count: 105 as on Sep 30, 2026
- Investors: Lone Pine Capital, Bond Capital and 27 Others
- Latest Funding Round: Series B, Oct 13, 2021, $*****
- Highlight: Editors' Pick
3. Little Spoon
Internet-first restaurant that prepares and delivers baby food on a subscription basis. It claims users can select the plan and the food is delivered to their house on a weekly basis. The company offers a rotating menu of flavors with no preservatives.
Key facts about Little Spoon
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $90M
- Employee Count: 171 as on Jul 31, 2026
- Investors: Serena Ventures, Rotor Capital and 21 Others
- Latest Funding Round: Series B, Feb 08, 2023, $*****
- Highlight: Editors' Pick
4. Jumbotail
Operator of B2B marketplace and retail platform for food and grocery. The business reengineers the food and grocery value chain using technology and design. It provides a marketplace platform connecting retailers with brands and producers. The business offers supply chain, logistics, payment solutions, and access to working capital. It provides retail-as-a-service with point-of-sale integrated with supply chain and financial technology.
Key facts about Jumbotail
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $263M
- Employee Count: 446 as on Aug 31, 2025
- Investors: VII Ventures, Nexus Venture Partners and 78 Others
- Latest Funding Round: Series D, Jun 26, 2025, $*****
- Highlight: Editors' Pick

5. StarkWare
Blockchain-based platform offers zero-knowledge proof roll-up solutions. It provides a layer 2 blockchain network for application development. It develops and verifies technology for computational integrity. It also provides algorithms to assist in developing decentralized applications. Its proprietary scaling engine supports a range of use cases such as NFT minting and trading, derivative trading, AMM, spot trading, payments, and DeFi pooling.
Key facts about StarkWare
Unicorns in Excelanova Ventures' Portfolio
Excelanova Ventures has 3 unicorns in its portfolio - Jumbotail, StarkWare and Standard. The most recent unicorn in their portfolio is Jumbotail. It became a unicorn in 2025, 1 years before Excelanova Ventures first invested in it.Here is a list of unicorns in Excelanova Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
61 | Operator of B2B marketplace and retail platform for food and grocery | 2015 | Bengaluru | Series D | smxgvxk | ||
60 | Blockchain-based platform offers zero-knowledge proof roll-up solutions | 2017 | Netanya | Series D | ympeemt | ||
57 | Platform offering AI-enabled automated checkout software solutions for offline retailers | 2017 | San Francisco | Series C | hsug{kn |
IPOs and Publicly Listed companies in Excelanova Ventures' Portfolio
2 of Excelanova Ventures' portfolio companies have become public. Momentus Space got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Aug 2020 and Plurilock got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V) at marketcap of $837K.Here are Excelanova Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 14, 2020 | - | - | 2022 | |
Feb 12, 2019 | - | - | 2380 |
Acquired companies in Excelanova Ventures' Portfolio
4 companies from Excelanova Ventures' portfolio have been acquired. The most recent acquisition was PrecisionGx in Oct 2023 by Trend Health Partners for $*****.Here are Excelanova Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 24, 2023 | - | - | 3853 | |
Jul 19, 2023 | - | - | 2584 | |
Jul 08, 2022 | - | - | 3325 | |
Jan 12, 2021 | - | - | 8539 |
