Exostellar

Exostellar

Optimizes high-performance computing cloud applications

About

Exostellar optimizes high-performance computing (HPC) applications in the cloud, helping enterprises reduce costs while enhancing performance. The company automatically migrates HPC applications to more 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. Its unique offering is a single interface that provides high control over cloud resources, simplifying management of cloud expenditures.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Consumer Software, Enterprise Software

Total Funding

$32.7M

Headquarters

Ithaca, New York

Founded

2019


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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Exostellar unique

  • 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.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

5%

2 year growth

2%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

401(k) Company Match

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