About Exostellar
Exostellar optimizes high-performance computing (HPC) applications in the cloud, helping enterprises reduce costs while enhancing performance. The company automatically migrates HPC applications to cost-effective virtual machines, allowing clients to achieve up to five times more computing power without upfront investments. Exostellar operates on a subscription model and targets industries like finance, healthcare, and scientific research. It differentiates itself by providing a centralized interface for better control over cloud resources, simplifying expenditure management.
Ithaca, New YorkHeadquarters
2019Year Founded
$32.7MTotal Funding
SERIES_ACompany Stage
Data & Analytics, Consumer Software, Enterprise SoftwareIndustries
11-50Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Risks
Increased competition from Exotanium, which raised $12 million in Series A funding.
Potential market confusion due to similar offerings and names with Exotanium.
Shift towards AI-GPU domains may require significant R&D investment.
Differentiation
Exostellar uses exclusive patent-pending technologies from Cornell University for cloud optimization.
The company offers up to 5x more compute for cloud spend without upfront investments.
Exostellar provides a single interface for high control over cloud resources.
Upsides
AI-driven cloud optimization is gaining traction, indicating growing market demand.
The global HPC market is projected to reach $50 billion by 2025.
Exostellar's expansion into GPU-centric AI workloads aligns with rising demand.
Funding
Total raised$32.75 M
Latest valuation$75.00 M
StageSERIES_A
$15
$75.00 M$1
SEED
3/31/2021$5
$25.00 MCONVERTIBLE
6/30/2020N/A