Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Firms / Exaltare Capital Management, LLC

Exaltare Capital Management, LLC

Institutional venture firm · probableMilton, MAexaltarecapital.comSEC exempt reporting adviser

Founded in 2012, Exaltare Capital Management is a consumer-oriented private equity firm with expertise in multi-unit and franchise

venture manager, reported GAV $162M across 3 vehicles

Importance
23
moderate
Active deployment
11
low
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
6
low
Identity and regulatory footprint
Headquarters
Milton, MAadviserinfo.sec.gov
Office address
23 HILLSIDE, Milton, MA, 02186adviserinfo.sec.gov
Business phone
3124985040adviserinfo.sec.gov
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
private fund adviseradviserinfo.sec.gov
Latest Form ADV
Feb 14, 2023
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$162Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business email
info@exaltarecapital.comexaltarecapital.compublished by the subject
business phone
3124985040adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
3 observed deals
Stated (the firm’s website)
Sectors
consumer
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 3
Funds and vehicles
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Ecp-Ua Fund IFund2022 form d first saleActive deployment$10,000
Feb 14, 2023
3$11.7M
of $11.7M
Mar 3, 2022
Exaltare Capital Partners Fund II LPFund2020 form d first saleMature$5,000
Feb 14, 2023
8$19.0M
of $19.0M
Jan 13, 2021
Exaltare Capital Partners Fund I LPFund2017 form d first saleHarvest$162M
Feb 14, 2023
0$90.3M
of $90.3M
Oct 26, 2017
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
4 current, 0 departed
Investments on record
3 edges, 3 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Elegant Themesportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
The Good Feet Storeportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Urbanairportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
4 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
4 dated events
  1. Sep 15, 2022
    Ecp-Ua Fund I first reported on Form ADV by Exaltare Capital Management, LLC (Venture Capital Fund), GAV $10,000
  2. Sep 15, 2022
    Exaltare Capital Partners Fund II LP first reported on Form ADV by Exaltare Capital Management, LLC (Venture Capital Fund), GAV $5,000
  3. Dec 15, 2017
    Exaltare Capital Management, LLC first filed Form ADV (ERA)
  4. Dec 15, 2017
    Exaltare Capital Partners Fund I LP first reported on Form ADV by Exaltare Capital Management, LLC (Venture Capital Fund), GAV $162,000,000
Classification history
  1. Sep 12, 2026
    Institutional venture firm (probable, 80%, cls-1)
    venture manager, reported GAV $162M across 3 vehicles
Evidence
31 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedprivate_fund_adviserFeb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserFeb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2017-12-15Feb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2023-02-14Feb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds1Feb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone3124985040Feb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://exaltarecapital.com/contact-us/
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionFounded in 2012, Exaltare Capital Management is a consumer-oriented private equity firm with expertise in multi-unit and franchise
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionFounded in 2012, Exaltare Capital Management is a consumer-oriented private equity firm with expertise in multi-unit and franchise
meta description
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersMilton, MAFeb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address23 HILLSIDE, Milton, MA, 02186Feb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyFeb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://exaltarecapital.com/investments/
3 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://exaltarecapital.com/investments/
3 entries read
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported3Feb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$162MFeb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated sectorsconsumer
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsconsumer
sector words on the home page
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://exaltarecapital.com/team/
3 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://exaltarecapital.com/team/
3 name/title pairs read
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported3Feb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTPS://EXALTARECAPITAL.COMFeb 14, 2023FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleExaltare - Exaltare Capital Management
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleExaltare - Exaltare Capital Management
title tag
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)