Elevar Equity — Full Portfolio

Chevy Chase, US

Steven Hurwitz(Director)Thomas Noyes(Director)Michael Deutschman(COO/Secretary/General Counsel)Gino Picasso(Chief Executive Officer)

Board seatMaya Chorengel· per SEC Form D · $1.5M raise · filed Jun 2017

Grand Cayman

Santiago Sosa(Director)

Board seatJohanna Posada· per SEC Form D · $89M raise · filed Aug 2021

Co-investorsAccelKaszek VenturesQualcomm Ventures

Nithio provides a risk analytics engine and AI models that assess household-level credit risk, structure financing, and monitor portfolio and impact performance for climate solutions.

AI & Machine LearningCleantechClimate TechEnergyFintechImpact & Social GoodWashington, US

Hela Cheikhrouhou(Executive Officer, Director)

BoardBobby J. Pittman(Director)inQueen Nworisara-Quinn(Director)

Board seatMaya Chorengel· per SEC Form D · $7.1M raise · filed Jan 2021

Co-investorsKupanda CapitalShell FoundationEmerson Collective Investing

Varo is a digital bank offering FDIC-insured deposits, no-fee checking accounts, early direct deposit, credit-building cards, and cash advances to U.S. consumers.

FintechSan Francisco, US

Colin Walsh(Director)inGavin Michael(CEO)Rishi Oberoi(Executive Officer)Marina Gracias(Executive Officer)Elizabeth Gilson(Executive Officer)

BoardDavid Coulter(Director)

Board seatMaya Chorengel· per SEC Form D · $155M raise · filed Feb 2026

Co-investorsDeclaration PartnersEvolution VC PartnersGallatin Point CapitalInvestXNext Legacy PartnersPROOF+4 more

Bankingly provides a SaaS digital banking platform for banks, credit unions, and regulated financial institutions, offering digital channels, onboarding, payments, AI-based fraud prevention, and compliance tools on an API-first architecture.

AI & Machine LearningFintechSaaSMontevideo, UY

Co-investors2080 VenturesDalus CapitalFINCA VenturesKube VCFirst Check VenturesSixThirty Ventures

Cloudphysician provides AI-enabled virtual critical care infrastructure that analyzes live video, patient vitals, and EMR data in real time to guide ICU care teams and support clinical decisions.

AI & Machine LearningDigital HealthHealthtech

Covalto is a digital bank in Mexico that provides business financing, investment products, and liquidity solutions for companies.

FintechMexico, MX

Co-investorsHi VenturesIGNIAKaszek VenturesPoint72 VenturesQED InvestorsYolo Investments+2 more

Coverfox offers insurance comparison and distribution across India, letting individuals compare motor and health plans from IRDAI-approved insurers while providing embedded insurance solutions for lenders, NBFCs, and fintechs to protect borrowers, employees, and business operations.

FintechInsurTech

Sanjib Jha(Founder)in

Co-investorsAccelCatamaran VenturesIFC

CreditMantri is an Indian fintech platform that lets consumers check their credit score and offers a "CreditFit" program to improve their credit profile and become eligible for loans.

ConsumerFintechChennai, IN

Gowri Thyagarajan Mukherjee(Founder)Ranjit Punja(Founder)

Co-investorsAccionQuona CapitalTrifecta Capital AdvisorsAccion Venture LabIDG Ventures India

CureBay is an online healthcare platform in India offering genuine medicine delivery, lab test bookings, and doctor consultations.

ConsumerDigital HealthHealthtechBhubaneswar, IN

Priyadarshi Mohapatra(Founder)

Co-investorsStride Ventures

EPIC World provides capital strategies, customer and distribution insights, and brand-building support to companies serving "Entrepreneurial Households." Building on the foundation of Elevar Equity, it offers "Aligned Capital" funding and other products aimed at scaling businesses focused on this market segment.

FintechImpact & Social Good

Fairplay provides financing for businesses and announced it obtained ISO 27001 certification for information security and customer data protection.

Fintech

Manolo Atala(Founder)inAndrew James Devlyn(Founder)in

Co-investorsDila Capital

Co-investorsSun Mountain Capital

FinXpert is an online platform where users register to browse job listings across India and access knowledge-based videos and courses.

EdTechHR Tech

Galena is a learning experience orchestration platform for Brazilian enterprises that integrates internal and external learning resources under a unified skills framework and uses AI to deliver personalized development plans aligned with strategic priorities.

AI & Machine LearningHR TechSaaS

Co-investorsOwl VenturesAltos Ventures

InCred Finance is the consumer and MSME lending arm of the InCred Group, offering loan products to borrowers.

FintechMumbai, IN

Bhupinder Singh(Founder)

Co-investorsAccelTracxn labs

Jüsto is a fully digital supermarket in Mexico that sells groceries, including daily-fresh produce, directly to consumers online without physical stores.

B2B MarketplacesConsumerE-commerceFoodTech

Ricardo Weder(Founder)inRicardo Martinez Finger(Founder)in

Co-investors500 GlobalAgFunderFEMSA VenturesFlucas VenturesHTwentyJazzya Investments+1 more

Works with Samunnati to make markets work for smallholder farmers.

Aims to revolutionize schools in India by making excellent education affordable and scalable.

LEAD Group (LEAD School) provides an integrated school learning system for K-12 schools in India, combining curriculum, pedagogy, AI-based digital learning tools, assessments, and teacher training.

AI & Machine LearningEdTechSaaS

Co-investorsGood CapitalGSV VenturesInvestopad

Nia operates a membership platform for migrant industrial workers in India, connecting employers, managed housing operators and service partners to a single Member record that carries work history, earnings, benefits and daily essentials across jobs and cities.

FintechFuture of WorkHR Tech

Co-investorsGMO VenturePartners

Nuvemshop is an e-commerce platform that lets brands build and customize online stores with a modular AI-integrated editor and prebuilt layouts.

E-commerceRetail TechSaaS

Santiago Sosa(Founder)in

Co-investorsAccelFirstMark CapitalHarmony PartnersIGNIAInsight PartnersKaszek Ventures+4 more

Co-investorsKeiretsu Forum

Peepul Tree is an online store selling handmade Indian home and kitchen products, including pure brass serveware and spice boxes, handwoven and handprinted cotton curtains, rugs, cushion covers, bedsheets, and comforters.

ConsumerDirect to ConsumerE-commerce

Samunnati is an Indian agri enterprise that strengthens the agricultural value chain by combining trade, embedded finance, and climate-smart services for smallholder farmers, farmer producer organizations, agri-enterprises, and SMEs.

AgTechFintechImpact & Social Good

Anilkumar SG(Founder)in

Co-investorsAccelCeniarth

Utpal Isser(Founder)inSAMEER MISHRA(Founder)in

Co-investorsElevation CapitalPeak XV Partners

SecureNow is an online insurance broker for businesses to buy, compare, and manage corporate insurance policies such as directors and officers liability and contractors' all-risk coverage.

FintechInsurTechSaaS

StrideOne provides credit and non-credit financial products to startups and MSMEs in India, positioning itself beyond a lending platform with alternate finance solutions.

Fintech

The Better India is a digital media outlet publishing human-interest stories about social changemakers, and it also features business news and strategic insights.

Impact & Social GoodMedia & Entertainment

Ticmas provides digital educational solutions for schools, educational networks, and government ministries seeking to innovate their teaching models.

EdTech

Varthana provides loans for affordable private schools and education loans for college-going students in India.

EdTechFintechBengaluru, IN

Co-investorsAccionBlue Earth Capital AGBlue Haven InitiativeCeniarthKaizenvestSymbiotics+1 more