About Excelfore
Excelfore is a company based in Fremont (United States) founded in 2008 by John Crosbie.. Excelfore has raised $14.64 million across 4 funding rounds from investors including Molex, Hella Ventures and Molex Ventures. Excelfore operates in a competitive market with competitors including Valens, Ethernovia, Transatel, Hughes Telematics and Intrepid Control Systems, among others.
- Headquarter Fremont, United States
- Founders John Crosbie
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Excelfore Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.64 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Molex
& 2 more
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Employee Count
Employee Count
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Funding Insights of Excelfore
Excelfore has successfully raised a total of $14.64M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(30 Aug 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series A - Excelfore | Valuation | Molex Ventures | |
| Aug, 2018 | Amount | Series A - Excelfore | Valuation |
investors |
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| Jan, 2017 | Amount | Series A - Excelfore | Valuation | Molex Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Excelfore
Excelfore has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Molex, Hella Ventures and Molex Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Hella Ventures is engaged in corporate venture investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Communication equipment manufacturer
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Excelfore
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Excelfore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Excelfore Comparisons
Competitors of Excelfore
Excelfore operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Valens, Ethernovia, Transatel, Hughes Telematics and Intrepid Control Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of communication ICs for HD connectivity
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| domain | founded_year | HQ Location |
In-vehicle network middleware solutions are provided to OEMs.
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| domain | founded_year | HQ Location |
MVNO and MVNE solutions are provided across Europe.
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| domain | founded_year | HQ Location |
Suite of information-based and wireless services for vehicles is developed.
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| domain | founded_year | HQ Location |
Provider of vehicle networking, autonomy & embedded solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Excelfore
Frequently Asked Questions about Excelfore
When was Excelfore founded?
Excelfore was founded in 2008 and raised its 1st funding round 8 years after it was founded.
Where is Excelfore located?
Excelfore is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Is Excelfore a funded company?
Excelfore is a funded company, having raised a total of $14.64M across 4 funding rounds to date.
What does Excelfore do?
Excelfore was founded in 2008 in Fremont, United States, and focuses on the automotive sector. Cloud-enabled middleware solutions are offered to manage networks in the cloud and vehicles, ensuring security and scalability. End-to-end services include a digital lifecycle management platform for data aggregation, gathering, and analytics; an OTA pipeline for over-the-air processes; and last-meter connectivity solutions for vehicles.
Who are the top competitors of Excelfore?
Excelfore's top competitors include Valens, Transatel and Ethernovia.
Who are Excelfore's investors?
Excelfore has 3 investors. Key investors include Molex, Hella Ventures, and Molex Ventures.
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