Fundraising FoxElevate CDB
Dover, US · Founded 2020 · Delaware corporation · 3 known investors
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Founders & leadership
KS
Keith SorannoExecutiveKeith Soranno is Executive VP of Sales at Elevate, a benefits administration platform. He has over 20 years of experience in employee benefits and financial services, holding credentials including Certified Employee Benefits Specialist, Registered Employee Benefits Consultant, and Registered Health Underwriter.
SR
Scott RoseExecutive
AO
Alicia ObergExecutiveAlicia Oberg is an executive officer at Elevate CDB and brings marketing experience in communications strategy and member engagement initiatives.
MH
Melanie HallenbeckExecutive
BS
Brian StromNamed on SEC filing
JB
James Brian CosgrayNamed on SEC filing
Board
MC
CO
Christian OstbergBoard director
RF
Randy FernandoBoard director
JL
Jim LynchBoard director
RF
SJ
Investors · 3
Anthemis VentureinferredNew York · $500K – $7Mvia Ruth Foxe Blader · board
How we know: board seat on SEC Form D · Not right? Tell us
Bowery CapitalreportedNew York · $1M – $2M
How we know: funding news · Not right? Tell us
Norwest Venture PartnersreportedMenlo Park · $10M – $30M
How we know: funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$48.9M disclosed across 5 rounds · 2021–2024
▶$8MraisedMar 2025 · 5 investors · Other TechnologyRule 506(b)
▶$8MraisedMar 2025 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Keith SorannoExecutive Officer
- Michael C. Brown, Jr.Director
- Christian OstbergDirector
- Randy FernandoDirector
- Jim LynchDirector
- Brian StromExecutive Officer, Director, Promoter
- James Brian CosgrayExecutive Officer, Director, Promoter
- Scott RoseExecutive Officer
- Alicia ObergExecutive Officer
- Ruth Foxe BladerDirector
- Offering amount
- $8M
- Amount sold
- $8M
- First sale
- Oct 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$15.5MraisedApr 2023 · 4 investors · Other TechnologyRule 506(b)
▶$15.5MraisedApr 2023 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Melanie HallenbeckExecutive Officer
- Brian StromExecutive Officer, Director, Promoter
- Jim LynchDirector
- James Brian CosgrayExecutive Officer, Director, Promoter
- Sean JacobsohnDirector
- Scott RoseExecutive Officer
- Michael C. Brown, Jr.Director
- Ellie WheelerDirector
- Offering amount
- $15.5M
- Amount sold
- $15.5M
- First sale
- Mar 2023
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$10.4MraisedMar 2022 · 6 investors · Other TechnologyRule 506(b)
▶$10.4MraisedMar 2022 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Ellie WheelerDirector
- Jim LynchDirector
- Michael Brown, Jr.Director
- Melanie HallenbeckExecutive Officer
- Sean JacobsohnDirector
- Scott RoseExecutive Officer
- James Brian CosgrayExecutive Officer, Director, Promoter
- Brian StromExecutive Officer, Director, Promoter
- Offering amount
- $10.4M
- Amount sold
- $10.4M
- First sale
- Feb 2022
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$12MraisedJul 2021 · 9 investors · Other TechnologyRule 506(b)
▶$12MraisedJul 2021 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- SEAN JACOBSOHNDirector
- JIM LYNCHDirector
- MICHAEL c. BROWN, JR.Director
- JAMES BRIAN COSGRAYExecutive Officer, Director, Promoter
- BRIAN STROMExecutive Officer, Director, Promoter
- Offering amount
- $12M
- Amount sold
- $12M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$3MraisedFeb 2021 · 9 investors · Other TechnologyRule 506(b)
▶$3MraisedFeb 2021 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JAMES BRIAN COSGRAYExecutive Officer, Director, Promoter
- MICHAEL C. BROWN, JR.Director
- BRIAN STROMExecutive Officer, Director, Promoter
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Jan 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- Who are Elevate CDB's investors?
- Elevate CDB's investors include Anthemis Venture, Bowery Capital, Norwest Venture Partners.
- How much funding has Elevate CDB raised?
- Elevate CDB has disclosed $48.9M raised across 5 rounds.
- Where is Elevate CDB headquartered?
- Elevate CDB is headquartered in Dover, US.