Providing Seed Capital For Growth

Theresa B. Mazzullo

CEO, Excell Partners, Inc.
(585) 458-7335, tmazzullo@excellny.com
Theresa Mazzullo has been the CEO of Excell Partners since 2006. She has a 30 year track record in business, finance and entrepreneurship. Having owned and sold a small business, she brings firsthand knowledge, unique skills, and proven experience to the seed stage investment arena. In her role as CEO, her duties include governance, compliance, reporting, community integration, finance and fundraising.

Experience in founding and operating a company
Theresa spent six years as President & Principal of EPIC Advisors, Inc a 401(k) retirement plan company with $1.5 billion in retirement plan assets. In her capacity as President, she built an infrastructure that supported annual revenue growth of 20%. She also directed business planning process regarding business strategy and tactics in the areas of finance, sales, marketing, administration, operations and information technology to ensure increased profitability and the achievement of the company vision. Ultimately, she led the team for a successful exit in 2005.

Experience in industry other than VC
As a former banker, Theresa held various positions within financial institutions, including a Senior Vice President of First National Bank, where she established and built a Trust and Investment Division while the bank was under a Consent Order by the office of the Comptroller of the Currency. She managed to grow the Trust & Investment Division to $125 million in five years and at the same time built and managed the infrastructure to support the broker-dealer business unit for the bank.

Community Activity
Her community activity includes: Member, Finger Lakes Regional Economic Development Council & Co-Chair of the FLREDC’s Entrepreneurship & Innovation Committee; Board Member-Executive Committee, Treasurer, Greater Rochester Enterprise; Board Member, High Technology Rochester; Member of the University of Rochester Technology Development Committee; Executive Committee & Board Member: Memorial Art Gallery; Trustee & Grants Committee Chair, Farash Foundation; Member: Investment Advisory Committee, Governor Cuomo’s $50M Innovation Fund.

Excell Partners, Inc.
Excell Partners is an affiliate of the University of Rochester. It is a seed stage fund which invests in technologies emerging from the communities and universities across upstate New York. With over $14 million under management, Excell has invested in 48 companies across multiple industry sectors. Excell is one of only six venture firms in New York State to receive funding from ESDC's Innovate NY fund, and the only VC firm selected to manage the statewide MWBE Fund .