Fundraising Fox

Elevatehq

Entrepreneur First '21

Singapore, SG · Founded 2021 · 4 known investors

elevate.so

ElevateHQ is software for managing sales compensation, covering plan setup, commission calculation, and payout processing. Finance and sales operations teams configure commission rules in the product and track results through dashboards that give reps visibility into what they have earned, reducing manual spreadsheet work and payment disputes.

Also known as Elevate HQ · elevate.so · Komisi Technologies Private Limited

Enterprise Software

Founders & leadership

Elevatehq was founded in 2021 by Apoorv Singh and Kartik Arora.

ASApoorv Singh
Apoorv SinghinCEO
KAKartik Arora
Kartik ArorainCTO

Investors · 4

Also in the syndicate · 3

100X EntrepreneursPointOne CapitalVeda VC

Company profile

researched Aug 2026

ElevateHQ is a business-to-business SaaS company that automates sales commission and incentive compensation. Its platform replaces manual, spreadsheet-based commission calculation with a no-code commission builder that lets companies configure a wide range of commission rules, and it aims to give sales teams transparent, real-time visibility into commissions earned. The company positions commissions as part of the broader sales enablement software stack, targeting sales operations and enablement teams.

The company is described in press coverage as India- and Singapore-based, with one aggregator profile citing Gurugram and Singapore and naming Komisi Technologies Private Limited as the legal entity. It was founded in 2021 by Apoorv Singh (co-founder and CEO) and Kartik Arora (co-founder and CTO). At the time of its July 2022 pre-seed round, the platform reported dozens of customers across the United States, Europe and Asia, with commission automation deployed across insurance, pharmaceutical, education, services and SaaS industries.

Founding story

ElevateHQ was founded in 2021 by Apoorv Singh and Kartik Arora. Company materials describe the founders as experienced operators who had previously built and sold software products in multiple geographies, and state that the product grew out of a view that motivated employees drive results, with the software removing ambiguity and manual work from sales incentive calculation.

Business model

B2B software sold to companies that pay sales commissions; the platform automates commission plan configuration, calculation and tracking for sales operations, enablement and finance teams.

Traction

At the time of the July 2022 announcement, ElevateHQ reported dozens of customers across the USA, Europe and Asia and stated a target of increasing its customer base tenfold over the following year.

Latest developments

The most recent development reported in the available sources is the $1.1 million pre-seed round announced in July 2022, led by Leo Capital, with proceeds earmarked for hiring, product development and North American expansion.

Full profile — market position, technology, go-to-market, geography, risks & controversies

Market position

Positioned as a sales commission automation tool within the growing sales enablement software category; its lead investor described the company as positioned to serve global customers and to become a go-to tool for sales operations and enablement teams.

Technology

A sales commission automation platform built around a no-code commission builder, which the CEO says can be used to automate any commission rule, supporting varied commission plans, team sizes and organizational structures.

Go-to-market

During its first growth phase the company deliberately served a diverse customer base so the product could mature across many commission plan types; following its pre-seed round it stated plans to expand into North America and grow its customer base roughly tenfold over the subsequent year.

Companies with commissioned sales teams, particularly sales operations and sales enablement functions, across insurance, pharmaceutical, education, services and SaaS sectors; named customers include Airmeet, Edgepetrol, Mercer-Mettl, LeverageEdu, Vymo, FreshConsulting, Horangi and ESCO.

Geography

Described as India- and Singapore-based (one aggregator cites Gurugram and Singapore); customers located in the United States, Europe and Asia, with stated expansion plans into North America.

Risks & controversies

No controversies are reported in the available sources. Growth claims such as the stated tenfold customer-base target are company statements and are not independently verified in the sources.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Funding rounds countJul 2022$1
Total funding raisedJul 2022$1.1M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
Jul 2022
ElevateHQ raises $1.1M pre-seed led by Leo Capital

ElevateHQ announced a $1.1 million pre-seed round led by Leo Capital, with participation from Veda VC, PointOne Capital and 100X Entrepreneurs. Funds were earmarked for talent acquisition, product development and expansion into North America.

$1.1M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Elevatehq do?
B2B SaaS company offering a no-code sales commission automation platform for sales and finance operations teams.
Who founded Elevatehq?
Elevatehq was founded by Apoorv Singh, Kartik Arora in 2021.
Who are Elevatehq's investors?
Elevatehq's investors include Entrepreneur First.
Where is Elevatehq headquartered?
Elevatehq is headquartered in Singapore, SG.