Argentina · Investor

The Exxel Group

Last cheque observed Aug 2007. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Series AVentureSeries CFood DeliveryMarketing

Cheques on record
0%of best year0cheques in 12 months, 5 on record
Since the last cheque7007days00hrs00min00sec
Median round$14MRounds led0 of 5Sole investor2 roundsExits3 from the portfolioMostly inUnited States, 100%
Pitch The Exxel Group

The Exxel Group highlights

  1. 01

    5 rounds on record

  2. 02

    Mostly Series A and Venture: 80% of its rounds

  3. 03

    Sole investor in 2 rounds, median $13M

  4. 04

    3 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
Food DeliveryMarketing
Based in
MONTEVIDEO, Argentina
Cold pitches
Not stated

The record

Every round we can evidence, newest first5 appearances

  1. 2007

    2 rounds

  2. Aug
    Brijot Imaging SystemsVenture · US · brijot.com$14MSole investor
  3. Feb
    MAKO SurgicalSeries C · US$30MWith 5 others
  4. 2006

    2 rounds

  5. Apr
    DestineerVenture · US · gamasutra.com$12MSole investor
  6. Feb
    ThingMagicSeries A · US · thingmagic.com$21MWith 4 others
  7. 2005

    1 round

  8. Sept
    ThingMagicSeries A · US$9.5MWith 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration4 named

DFDiego Fernando MunozExecutive Director of the Exxel Group Vi (Cayman Islands) Inc.iForm ADV
JLJorge Luis OsorioChief Financial Officer of the Exxel Group Vi (Cayman Islands) Inc.iForm ADV
JNJuan NavarrroDirector of the Exxel Group Vi (Cayman Islands) Inc.iForm ADV
MAMarcelo AuboneDirector of the Exxel Group Vi (Cayman Islands) Inc.iForm ADV

We also hold 4 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$2gross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
The Exxel Group VI (cayman Islands) Inc.
SEC number
CRD 163787

Who backs their funds

1 LP on record in The Exxel Group's funds

Committed
$125M
Funds
2
Vintages
1997 to 2000

The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Sept 2025.

Exits from the portfolio

Companies it backed that were later bought or listed3 in all

MAKO SurgicalBought by Stryker Corporation$1.6BSept 2013
Brijot Imaging SystemsBought by MicrosemiUndisclosedJul 2011
ThingMagicBought by TrimbleUndisclosedOct 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as The Exxel Group. A count of rooms they were both in, not a relationship either has claimed.

Quick answers about The Exxel Group

What does The Exxel Group invest in?

The Exxel Group invests most often at Series A and Venture (80% of the rounds on record), in sectors such as Food Delivery and Marketing.

How active is The Exxel Group?

5 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2007.

How big are The Exxel Group's cheques?

The median round it joins is $14M.

Does The Exxel Group lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

Where does The Exxel Group invest?

Most of the companies it backs are in the United States (100%).

Is The Exxel Group investing now?

No investments in the last 12 months; the latest was in Aug 2007.

Who does The Exxel Group invest alongside?

Most often Inventec Corporation (2 rounds together) and Morningside Group (2 rounds together).

What kind of investor is The Exxel Group?

The Exxel Group is a VC firm based in MONTEVIDEO, Argentina.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it