Fundraising Fox
Elevate Capital
Venture capitalOperating companyActively deployingPortland · Pre-Seed–Series A · 30 people tracked
Also known as ELEVATE CAPITAL ADVISORS, INC. · Elevate Ventures
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Investment thesis
Elevate Capital, launched in 2016, positions itself as the nation's first institutional venture fund dedicated to backing underrepresented entrepreneurs — women, BIPOC founders, and those with limited regional access to capital. The team combines operating and entrepreneurial experience with deep credibility and networks within underserved communities. It focuses on early-stage technology investing, providing both venture capital and hands-on mentorship to help founders scale into sustainable businesses. The firm emphasizes a data-driven approach to sourcing and diligence, and supports its portfolio through board involvement, advisory connections, and community programs. Its strategy centers on closing access-to-capital gaps and building great companies from often-overlooked founders.
Source: firm website, verified Sep 26, 2026.
Team · 30 people
from the firm's website & public directories
Founder mafia
The Elevate Capital mafia →8 people who came through Elevate Capital went on to found or lead other companies.
What they invest in
from 85 of 124 portfolio companiesHealthtech ×26SaaS ×21AI & Machine Learning ×18Consumer ×18Hardware ×18Medical Devices ×16Biotech ×12Cleantech ×12
HQs:United States×75India×1
Who they back
founder profiles across 47 portfolio companiesFounding team size:solo founder×292 founders×83 founders×84+ founders×2
Where their founders studiedfrom 50 founders with education data
Stanford University ×4University of Portland ×4University of Washington ×4Florida Agricultural and Mechanical University ×2Gonzaga University ×2Indian Institute of Science (IISc) ×2Loyola Law School, Los Angeles ×2Rutgers University ×2
What their founders studiedfrom 53 founders with field-of-study data
Engineering ×21Business & Management ×17Finance & Accounting ×6Computer Science ×5Life Sciences ×4Medicine ×3Physics ×3Economics ×2
Where their founders worked beforefrom 54 founders with career history
Exterro ×3Microsoft ×3Nike ×3Bridal Bliss ×2Pennington Biomedical Research Center ×2QueerX ×2Ryse ×2
Accelerator rootsportfolio companies that came through a program
12 founders hold a PhD · 6 hold an MBA (of 55 with degree data)
Investments · 124 tracked
founders shown can be your intro pathBy year:2026 · 82025 · 42024 · 12023 · 12022 · 72021 · 32020 · 12018 · 12017 · 12016 · 12015 · 12014 · 231 dated
Etsy operates two-sided online marketplaces that connect creative entrepreneurs and independent sellers with buyers worldwide, generating revenue through transaction fees, payments processing, listing fees, and optional seller services like advertising and shipping labels.
New York City, US
Robert Kalin(Founder)inKristina Salen(Executive Officer)Jeffrey Chad Dickerson(Executive Officer, Director)Josh SilvermaninKruti Patel Goyal(Chief Executive Officer)inRafe Colburn(Chief Product and Technology Officer)in
Co-investorsAccelActon CapitalBreyer CapitalBurda Principal InvestmentsGlynn Capital ManagementMosaic Ventures+7 more
Portland, US
Paul Wagner(Executive Officer, Director, Promoter)inJohn O'Toole(Executive Officer)
BoardSteve Rector(Director)
Board seatNitin Rai· per SEC Form D · $800K raise · filed Nov 2015
Handful designs and sells sports bras featuring removable stackable pads, hide-away pockets, and adjustable straps for sport and everyday wear.
ConsumerDirect to ConsumerE-commerceTigard, US
Jennifer Ferguson(Executive Officer, Director, Promoter)inTina Thede(Executive Officer, Director, Promoter)
Board seatNitin Rai· per SEC Form D
Co-investorsPortland Seed Fund
HOLO Footwear designs and sells shoes made with eco-friendly materials, aiming to combine style, performance, and affordability.
Circular EconomyConsumerDirect to ConsumerGrand Rapids, US
Rommel V.(Founder)inYuridia Rodriguez(Executive Officer, Director)Rommel Vega(Executive Officer, Director)
Board seatNitin Rai· per SEC Form D
Co-investorsID Ventures
FintechNew York, US
Derek Canton(Founder)in
BoardJames Jerome Buettgen(Director)Robert Power(Director)Jason Allen(Director)
Board seatNitin Rai· per SEC Form D
Co-investorsTechstarsWalnut Venture AssociatesThe Fund
Rock Paper Coin is a booking and payment platform built for event professionals, offering proposals, contracts, electronic signatures, and digital invoicing with Stripe-powered payment processing.
FintechSaaSLake Oswego, US
Elizabeth Sheils(Co-founder)inNora Sheils(Founder)inValerie Troyer(Executive Officer, Director)
Board seatNitin Rai· per SEC Form D
Co-investorsAscend Venture CapitalBand of AngelsHearstLabLong Way VenturesXYZ Venture CapitalAscend+1 more
Bacon operates an on-demand staffing app that connects businesses with temporary hourly workers within minutes, letting employers set their own wages, choose their workers, and rate them after each shift.
Future of WorkHR TechMarketplacesAmerican Fork, US
Hunter Sebresos(Executive Officer, Director)inTrevor Bodily(Executive Officer)Bruce G. Woodward, Jr.(Director)
BoardEdward Baker(Director)Brian Smith(Director)inWilliam Benson Metcalf(Director)
Co-investorsAlumni Ventures
Biomotum develops wearable robotic systems for gait rehabilitation that assist individuals with neurological impairments such as cerebral palsy and stroke.
HealthtechMedical DevicesRoboticsPortland, US
Ray Browning(CEO & Co Founder)inZach Lerner(CTO & Co Founder)in
Co-investorsBronco VenturesCreative Destruction Lab (CDL)Portland Seed Fund
Birch Biosciences develops enzyme-based plastic recycling technologies using green chemistry and machine learning to transform plastic waste into reusable material.
Advanced ManufacturingAI & Machine LearningBiotechCircular EconomyCleantechClimate TechPortland, US
Johan Kers(Founder)inNeil AssurEmily Duncan(Scientist)Louis Clark(Chief Data Officer)Sara Galvez(Recruiter)Miles Gander(CTO)
Co-investorsCollaborative FundCreative Destruction Lab (CDL)Olive Tree CapitalPioneerY CombinatorPegasus Tech Ventures
Bitesize is an AI-powered lead reactivation tool that scans a car dealership's CRM (such as Eleads, VinSolutions, and Tekion) to identify cold or dormant leads and re-engages them with automated, personalized text follow-ups sent under a manager's name.
AI & Machine LearningSaaSSales Tech
Co-investorsInvariantes FundVU Venture Partners
Brand.live is a video production platform for businesses, aimed at making internal and work-related content more engaging than standard video calls or slide presentations.
Marketing TechMedia & EntertainmentSaaS
Brandlive offers a video studio platform for businesses, aimed at producing more engaging and creative video content for work communications rather than standard slide-based or video-conferencing formats.
Enterprise SoftwareMedia & EntertainmentSaaSPortland, US
Sam Kolbert-Hyle(Executive Officer, Director, Promoter)in
BoardStewart Yaguda(Director)Stephen Marsh(Director)in
Co-investorsOregon Venture FundPortland Seed Fund
BuildingLens offers SaaS tools for small to mid-sized buildings, including AirLens for indoor air quality monitoring and EnergyLens for energy management.
CleantechEnergyIoTPropTechSaaS
David Burchfield, PE(Founder)in
Bumped was a Portland, Oregon fintech offering a no-fee app that rewarded consumers with fractional shares of stock for purchases at partner brands, and provided similar stock-rewards infrastructure to banks and businesses.
Portland, US
DAVID A. NELSEN(Executive Officer, Director)
Co-investorsCanaan PartnersCommerce VenturesOregon Venture FundPeninsula Ventures
Canopii builds automated, controlled-environment greenhouse systems for local, year-round production of leafy greens and herbs, using robotics, computer vision, and machine learning.
AgTechCleantechFoodTechHardwareRoboticsUnknown from page, US
David Ashton(Founder & CEO)inJustin Gravett(Executive Officer, Director)
Co-investorsIdeaship
CarpeDM is an exclusive dating platform combining human matchmaking with a video-first experience for singles seeking relationships with professional Black women.
ConsumerFemTechMarketplacesWoodbridge, US
Naza Shelley(CEO & Queen of Hearts)in
Co-investorsTechstars
Cascade Prodrug is a preclinical-stage pharmaceutical company developing prodrug-based drug candidates, initially targeting wet age-related macular degeneration (wet AMD), with a focus on advancing through IND-enabling studies into clinical trials.
BiotechMedical DevicesEugene, US
August J. Sick(Co-Founder & Secretary)Allan Cochrane(Co-Founder & President)inLynnor B. Stevenson(Director)
Portland, US
Matthew Rotter(Executive Officer)Nathaniel Parker(Executive Officer, Director)
Co-investorsLong Way VenturesPortland Seed FundRogue Womens FundCascade Seed Fund
Curadite provides a secure and transparent packaging platform designed to serve customers and their users with accurate information and authentication.
Digital HealthEnterprise SoftwareHealthtechMedical DevicesSaaSBeaverton, US
Jody McNannay(Founder)in
Emano Flow is a mobile app that uses acoustic technology to objectively measure urinary health symptoms and track patient outcomes before and after medical interventions.
Digital HealthHealthtechMedical Devices
Bishara Korkor, MS(Founder)in
BiotechPittsburgh, US
Matthew Kesinger(Executive Officer, Director)Daniel Willis(Executive Officer)
Co-investorsDorm RoomLiebenthal VenturesMEDA AngelsMonozukuri VenturesBlack Tech Nation Ventures
Evergreens operates fast-casual restaurants offering salads, wraps, and bowls with plant-based and customizable options, plus catering for events.
ConsumerFoodTech
Goalsetter provides a financial literacy and goal-setting platform designed for K-12 schools, colleges, universities, and financial institutions.
AI & Machine LearningEdTechFintechSaaS
Tanya Van Court(Founder & CEO)in
Co-investorsAstiaBackstage CapitalEntrepreneurs Roundtable Accelerator (ERA)PortfoliaRemarkable VenturesSeae Ventures+4 more
GrowthPlug provides marketing and practice-growth software to help dental and orthodontic practices in the US improve their online presence and attract patients.
HealthtechMarketing TechSaaS
Healers PetCare develops medical and wellness products for dogs, including therapeutic booties, wraps, topical treatments, and nutritional supplements designed to support paw injury healing and pet health recovery.
ConsumerDirect to ConsumerE-commerceHardwareHealthtechWellness & Fitness
Terri Entler(Founder and Owner)in
Hemex Health develops and commercializes the Gazelle diagnostic platform, including point-of-care readers and tests for conditions such as sickle cell disease and hemoglobin variants.
Digital HealthHealthtechMedical DevicesPortland, US
Patricia White Seminario(Executive Officer, Director, Promoter)Peter Galen(Chief Innovation Officer, Co-Founder)inPatti White(Chief Executive Officer, Co-Founder)inDaren Bledsoe(Sr. VP, Engineering & Operations)inGerrit van Roekel(VP, Business Development)inUmut Gurkan(Chief Scientist, Microfluidics)in
Co-investorsCWRU Technology VenturesIdeashipImpact India Investment PartnersPortland Seed Fund
Instinct is a mobile trading app that gives users access to global financial markets and liquidity.
AI & Machine LearningFintechSan Francisco, US
Joon Won Song(CEO)inEunju Moon(CTO)inJoaquim Dickson(Founder)inJoe Papworth(Founder)
Co-investorsY Combinator20VCAlbionVCConvective CapitalTechstars
Instinct Environmental makes the ASU (Automated Surveying Unit), an automated acoustic monitoring device that listens for over 6,500 target species, identifies them on-device and reports detections over satellite within 30 minutes — replacing the manual site visits and after-the-fact audio review that wildlife surveying normally requires.
AI & Machine LearningCleantechClimate TechDeep TechHardwareImpact & Social GoodIoTHillsboro, US
TREVOR BACHAND(Executive Officer)ASHWIN DATTA(Executive Officer, Director)
Co-investorsConvective CapitalTechstarsAlbionVC
JourneyTrack is a customer experience management platform for enterprises that helps reduce revenue loss from poor customer interactions.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaSDoral, US
Ania Rodriguez(Founder & CEO)in
Co-investors2045 VenturesBIP VenturesFlorida Opportunity FundDeepWork Capital
Kitea Health is a medical device company spun out of the Auckland University Bioengineering Institute, developing the Kitea System, a microscale wireless sensor technology with applications in hydrocephalus and cerebrospinal fluid monitoring.
HardwareHealthtechMedical DevicesAuckland, US
Simon Malpas(Director, Chief Executive Officer)inNatalia Jones(Director, Chief Operations Officer)inBryon Wright(Chief Technical Officer)in
Co-investorsAngel HQCure Kids VenturesIcehouse VenturesNZ Growth Capital PartnersPacific ChannelSoul Capital+1 more
Kito Technology Medical develops microMend, a wound closure device that uses miniature staples and cantilever springs to close cuts and lacerations without needles or sutures.
ConsumerHealthtechMedical DevicesMercer Island, US
Ronald Berenson(Executive Officer, Director, Promoter)
Co-investorsKeiretsu ForumPallasite VenturesThynk Capital
Kinside operates a child care platform that connects families with providers using provider data, real-time openings, and online tour booking.
HealthtechMarketplacesSaaS
Co-investorsAscend Venture CapitalCommunity Access FundStartX
Loop Health provides healthcare services to address chronic disease management and primary care access in India, where a majority of the population lacks regular access to trusted doctors.
Digital HealthHealthtechInsurTechWellness & FitnessMH, IN
Ryan Singh(Founder)inMayank Kale(CEO)inAmrit Singh(CRO)Shami Raj(Head of Product)
Co-investorsElevation CapitalGeneral CatalystHealthier CapitalITERATIVEOptum VenturesSoma Capital+6 more
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Seattle, US
John Lee(Executive Officer, Director, Promoter)
Co-investorsBand of Angels
Madorra develops a nonhormonal, noninvasive medical device to treat vaginal dryness and vulvovaginal atrophy, targeting post-menopausal people and breast cancer survivors.
FemTechHealthtechMedical DevicesPortland, US
Co-investorsAvestria VenturesBerkeley CatalystOneVenturesPortfoliaPortland Seed FundSocial Starts+1 more
MedZero provides employee benefits solutions focused on reproductive health and fertility coverage.
FemTechHealthtechHR TechPortland, US
CRAIG FROUDE(Executive Officer, Director, Promoter)inHOWARD MICHALSKI(Executive Officer, Director, Promoter)in
Co-investorsBlue Hour VenturesGrand VenturesNueterra CapitalRoyal Street Ventures Management Company, LlcTrue VenturesJumpstart Nova
Mimir provides a classroom platform used by computer science instructors at universities to manage courses, with features including automated grading and plagiarism detection.
EdTechIndianapolis, US
Prahasith Veluvolu(CEO)inColton Voege(CTO)inJacobi Petrucciani(CIO)in
Co-investorsChicago VenturesHeartland VenturesHeartland Ventures S7M25Y Combinator
Minnow manufactures food lockers for multi-unit residential and commercial buildings that allow tenants to receive meal deliveries securely in designated pods.
ConsumerHardwareIoTLogistics & Supply ChainPropTech
Co-investorsBranded Strategic HospitalityInventum VenturesPortland Seed Fund
Myoaligner develops an alternative to traditional braces for cosmetic and TMJ dentistry, based on the founder's background as a cosmetic and TMJ dentist.
Digital HealthHardwareHealthtechMedical Devices
Dr. Maryam Motlagh(CEO / Founder)Shahin Kharrazi(COO / Co-Founder)
Neurobiome LLC is developing the M.E.
BiotechDeep TechHealthtech
Maude David(Managing Partner)Kenton Hokanson(Partner)Tim Vogel(Partner)in
BiotechNew Orleans, US
Jeffrey Gimble(Executive Officer, Director)inTrivia Frazier(Executive Officer, Director)inXiying Wu Gimble(Executive Officer, Director)
Co-investorsBeresford Ventures
Onboard Dynamics builds patented natural gas compression technology, including the GoVAC FLEX and GoVAC MAX pipeline evacuation systems used during pipeline blowdowns and evacuation projects.
CleantechEnergyHardwareNot stated, US
Jeff Witwer(Co-founder & Technical Advisor)inRita Hansen(Co-Founder & Strategic Advisor)inSteven Douglas Westberg(Chief Financial Officer)Mitch Schmidtke(Chief Executive Officer & Board Member)inNadine Johnson(Chief Financial Officer)inJeff English(Director)
Co-investorsBerkeley Angel NetworkPortland Seed Fund
Osheru is a medical device company that developed the Ziplyft, a sutureless device and technique for eyelid surgery aimed at surgeons and patients.
HardwareHealthtechMedical DevicesBend, US
Patty Buehler(Co-founder)Knute Buehler(Co-founder)inJohn Muri(Chief Engineering Officer)
BoardGary Berman(Director)Chris Calcaterra(Director)
Overwatch Imaging develops sensor autonomy software and smart sensors for airborne intelligence missions, delivering real-time imagery processing and automated detection capabilities for government and commercial customers worldwide.
AI & Machine LearningDefense TechGovTechHardwareHood River, US
Greg Davis(Founder & CEO)in
Co-investorsPortland Seed FundShield CapitalSQUADRA VENTURES
Phosio develops UV-curable metal oxide precursors that enable low-temperature deposition for optical and electronic components used in smart glasses, semiconductors, and display technologies.
Advanced ManufacturingHardwareNew MaterialsSemiconductorsCorvallis, US
Omid Sadeghi(Chief Executive Officer)in
BoardBryn Pilney(Director)inAndrew Greenville(Director)Joe O'Keeffe(Director)
Co-investorsMESHSilicon CatalystTEL Venture Capital, Inc.Sierra Ventures
Photon Marine develops electric propulsion systems and fleet management software for marine vessels, enabling zero-emission operations with extended runtime and reduced operational costs.
CleantechEnergyHardwareIoTMobility & TransportationPortland, US
MARCELINO J. ALVAREZ(Executive Officer, Director)
Co-investorsE8 AngelsIdeashipJuniperOne Planet GroupPortland Seed FundRoadster Capital+1 more
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PortalSphere is a Shopify app that enables brands to sell and manage wholesale online with AI-powered personalized pricing, quantity rules, and intelligent upsells.
AI & Machine LearningE-commerceSaaS
PredictionStrike operates an online marketplace where sports fans buy and trade virtual shares of professional athletes.
Bay Shore, US
Deven Hurt(Executive Officer, Director)inBrad Chabra(Executive Officer, Director)in
BoardMarlon Nichols(Director)in
Co-investorsBullpen CapitalSixty8 CapitalCorrelation VenturesGaingelsHighsage VenturesMaC Venture Capital+1 more
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ProMedix develops the PeriFRL Circulatory Dysfunction Monitor, a device that digitally measures capillary refill time (CRT) to provide standardized, noninvasive monitoring of peripheral perfusion for early sepsis detection and resuscitation.
BiotechDigital HealthHardwareMedical DevicesPortland, US
Matthew Hansen(Co-Founder)Steven Baker(Executive Officer)Scott Filer(Executive Officer, Director)inDavid Sheridan(Co-Founder)Robert Jenks(Executive Officer)Andrew Kibler(Executive Officer, Director)
Co-investorsIdeaship
Rapta offers a Manufacturing Intelligence Platform that deploys AI at the production line to automate manufacturing inspection and process control using video and sensor data.
Advanced ManufacturingAI & Machine LearningDeep TechIoTTigard, US
Matthias Daue(Co-founder)inMatthew Thornton(Co-founder)inAaron Brown(Co-founder)in
BoardBenjamin Johnson(Director)Diane Fraiman(Director)inKirk Holland(Director)
Co-investorsPortland Seed FundRoadster CapitalVoyager Capital
Ren Energy runs supply chain decarbonization programs across the Asia-Pacific region, connecting global brands and their suppliers with renewable energy projects.
CleantechClimate TechEnergyPortland, US
Eric Jen(Founder)
Co-investorsStarshotSystemiq CapitalCamber CreekJLL Spark Global VenturesSYSTEMIQ
Renewcat develops a chemical recycling technology that converts unrecyclable waste PVC into polyethylene/hydrocarbon waxes and recovers chlorine for reuse in PVC production.
Circular EconomyCleantechNew Materials
Scott Svadlenak(Co-founder & President)inKonstantinos Goulas(Co-founder & Chair of Board of Directors)
Responsive builds an AI-powered Strategic Response Management (SRM) platform that helps organizations respond to RFPs, RFXs, security questionnaires, and other inquiries.
AI & Machine LearningEnterprise SoftwareSaaSSales TechFrisco, US
Ganesh Shankar(Co-founder & Chief Executive Officer)inAJ Sunder(Co-founder, Chief Product Officer / Chief Information Officer)inSankar Lagudu(Co-founder & Chief Operating Officer)inMichael Londgren(Chief Marketing Officer)inJeff Santelices(Chief Revenue Officer)inShankha Sen(Chief Financial Officer)in
Co-investorsK1 Investment Management
Revry is a media and streaming company focused on LGBTQ+ content, using media to amplify intersectional queer stories.
ConsumerMedia & Entertainment
Damian Pelliccione(Founder)inAlia J. Daniels(Founder)inChristopher J. Rodriguez(Co-Founder & Chief Creative Officer)inLaShawn McGhee(Founder)inChristopher Rodriguez(Founder)
Co-investorsDebut CapitalCollab Capital
Rewire AI builds automated image-analysis tools for biomedical researchers, using machine learning to detect, count, and quantify cells, fluorescent probes, and biomarkers in tissue histology.
AI & Machine LearningBiotechDigital HealthPortland, US
John Harkness(Executive Officer, Director)Scott Maloney(Director)Asa Brown(Executive Officer, Director)
REZI operates an online marketplace where landlords list apartment vacancies and receive guaranteed rent payments, while tenants search for and apply to apartments without fees and with minimal paperwork.
PropTechNew York City, US
Sean Mitchell(Chairman \u0026 CEO)inKeenan D. Williams(President)inHarsh Yadav(President)in
Co-investorsY CombinatorAbstract VenturesACE & CompanyACM Capital PartnersALLEGIS CAPITALASF Ventures Ltd.+10 more
Ryse operates an online marketplace connecting real estate owners and property managers with financial institutions to access customized financial products, particularly solutions that allow landlords to access rental income early to manage cash flow needs.
AI & Machine LearningB2B MarketplacesEnterprise SoftwareFintechMarketplacesPropTechNew York City, US
Sean Mitchell(CEO)inHarsh Yadav(CTO)inTrung Pham(Executive Officer)
Co-investorsBright VenturesNVP CapitalPioneerY CombinatorALLEGIS CAPITALGood News Ventures+1 more
Scout develops portable molecular diagnostic testing devices that deliver lab-grade accuracy in under 30 minutes for point-of-care use.
Digital HealthHealthtechMedical DevicesSan Francisco, US
Alex Jiao(CEO)inCameron Ball(Founder)inMax Bertfield(Founder)inNoah Fichter(Founder)inPranav Sekhar(Founder)inRohan Arora(Founder)in
Co-investorsAlign VenturesSoma CapitalSpacecadet VenturesY Combinator10X CapitalBooz Allen Ventures+10 more
Sentry is an application monitoring and error-tracking platform that developers integrate via SDKs to catch, root-cause, and fix errors and performance issues across development and production.
AI & Machine LearningDeveloper ToolsSaaS
David Cramer(Founder)inChris Jennings(Founder)inMilin Desai (CEO)(Founder)
Co-investors500 GlobalAccelBond Capital ManagementNew Enterprise Associates (NEA)Runa CapitalFoundation Capital+3 more
Shyft Power Solutions is an energy technology company that builds digital metering, operating, and revenue management software for utility companies and power service providers in emerging markets.
CleantechEnergyIoTSaaS
Co-investorsCapital InnovatorsSWAN Impact NetworkThird Sphere
Skip Technology develops a long-duration energy storage (LDES) battery that stores renewable power—particularly solar—and can discharge at full output for tens of hours.
CleantechClimate TechEnergyPortland, US
Benjamin Brown(Executive Officer, Director)Josh Campbell(Executive Officer)Brian Bishop(Executive Officer)in
BoardBrad Root(Director)Brennan Gantner(Director)
SkySquad provides in-airport assistance services, offering travelers an extra set of hands to help individuals and families move through airports.
B2B MarketplacesConsumerTravel & HospitalityBethesda, US
Julie Melnick(Founder)inDavid Osborne(Director)
Co-investorsCitrine AngelsMaryland TEDCOTEDCO
Sentry AI provides AI-based remote video surveillance that monitors security cameras 24/7 to detect intruders, vehicles, and loitering, using multi-stage contextual awareness processing and human-in-the-loop remote guards for deterrence.
AI & Machine LearningCybersecuritySaaS
SomnoSeal makes a wearable oral device for people who breathe through their mouth during sleep, sold alongside accessories like mouth tape, a storage pouch, and a drying stand.
ConsumerDirect to ConsumerHealthtechMedical DevicesWellness & Fitness
Kimberly Hutchison(Founder)in
Thaena develops ThaenaBiotic®, a sterilized, human-derived postbiotic supplement designed to support microbiome function for people managing chronic illness and gut dysfunction.
ConsumerHealthtechWellness & Fitness
Andrea McBeth(CEO + Founder)in
Co-investorsPortland Seed Fund
The Dyrt is a platform and community for camping enthusiasts that provides resources, campground connections, and a social network to help people plan and share camping experiences across all accommodation types.
B2B MarketplacesConsumerMarketplacesTravel & HospitalityPortland, US
Co-investorsPortland Seed FundRealization Capital Partners
The Wild is a collaborative workspace platform that enables enterprise and innovation teams to plan, prototype, and iterate on spatial concepts in real time using desktop, VR, and AR interfaces.
Cloud ComputingConstruction TechDeveloper ToolsEnterprise SoftwareFuture of WorkHardwarePropTechSaaS
Co-investorsIdeashipOregon Venture Fund
The Cut builds business software and tools for barbers to manage their operations and client relationships, serving independent barbers and barbershops.
Future of WorkMarketplacesSaaSFairfax, US
Obi Omile Jr(Founder)in
Co-investorsLeadout CapitalNextGen Venture PartnersPrototype CapitalTechstarsElevate Ventures
Time Study offers an enterprise platform for conducting time studies, centralizing time data management, validation, and reporting so finance teams can produce audit-ready, defensible reports without adding administrative burden.
AI & Machine LearningEnterprise SoftwareFuture of WorkHealthtechSaaSRichmond, US
Kishau Rogers(Founder)in
Co-investors37 AngelsAct One VenturesHearstLabJumpstart Nova
Toast makes a heated wearable garment that lets users set a target temperature and automatically adjusts airflow inside a jacket in response to body heat and movement to keep the wearer warm in cold conditions.
ConsumerDirect to ConsumerHardwareBend, US
GABRIELE GARBARINO(President and Chief Executive Officer)
Tonsil Tech makes bioengineered tools designed to remove tonsil stones, addressing bad breath and deep tonsillar crypts.
ConsumerHealthtechWellness & Fitness
Co-investorsPortland Seed Fund
ToolBelt is a job platform for licensed residential construction contractors, matching them with nearby projects and helping them find qualified subcontractors and labor.
Construction TechFuture of WorkMarketplacesVancouver, US
Joshua Engelbrecht(President & CEO)inRoss Barbieri(Chief Technology Officer & Secretary)in
BoardGlenn Butler(Director)
Co-investorsLong Way VenturesPortland Seed FundCascade Seed Fund
Trace Biosciences develops technology to make nerves visible in real time during surgical procedures, enabling surgeons to better identify and preserve nerve structures.
BiotechDeep TechHealthtechMedical DevicesBeaverton, US
Connor Barth(Cofounder & CEO)inSummer Gibbs(Cofounder & CSO)Lei Wang(Cofounder & CTO)Jonathan Sorger(Director)
Co-investorsSciFounders
TrayAway is a technology platform for hospitality service operations, starting with room service tray retrieval and extending to in-room ordering, pool and beach service, meeting room requests, and on-demand restaurant items.
HardwareSaaSTravel & Hospitality
Josh Johnston(Founding CEO)in
Co-investorsInnovation CatalystNew Orleans Startup Fund
TrovaTrip organizes ethical tourism experiences that prioritize meaningful connections and cultural respect.
ConsumerImpact & Social GoodMarketplacesTravel & HospitalityPortland, US
Christopher Nicholas Poggi(managing member)Brandon Bruce Denham(managing member)Nick Poggi ✈️(Founder)inLauren Schneider(Founder)inBrandon Denham(Founder)Nick Poggi(Founder)
Co-investorsMadrona Venture GroupOregon Venture FundPioneer Square LabsPortland Seed Fund
TrueLark provides an AI receptionist and online booking platform that answers missed calls with interactive text conversations and lets patients book appointments over text or on the practice's website around the clock.
AI & Machine LearningDigital HealthSaaS
Supriya Rao(Founder)inSrivatsan Laxman(Founder)in
Co-investorspi Ventures
BiotechPortland, US
F Andrew Ray(Director)Mark F Holifer(Executive Officer, Director, Promoter)Emmanuel Akporiaye(Executive Officer, Director, Promoter)Rebecca Akporiaye(Executive Officer, Director)Andrew D Thaler(Executive Officer)Denis R Burger(Director)
Co-investorsPortfolia
VitalFlo develops a respiratory care platform for health systems, ACOs, physician practices, and academic medical centers to diagnose, monitor, and care for respiratory patients.
Digital HealthHealthtechRaleigh, US
Luke Marshall(CEO)inJames Dieffenderfer(Director)inRavi Chilkuri(Director)
Co-investorsGeekdomNC IDEATechstarsThe Launch Place
Vivifi Medical develops a minimally invasive device to treat the underlying causes of Benign Prostatic Hyperplasia (BPH) in patients.
BiotechHealthtechMedical DevicesHouston, US
Tushar Sharma(Founder)in
Co-investorsC3 VenturesRobin Hood VenturesTMC Venture Fund
Waterleaf manufactures the Estuary, a compact, nature-based greywater recycling system for homes that uses plants and natural ecosystems to treat wastewater onsite.
CleantechHardwareImpact & Social Good
Co-investorsSWAN Impact Network
WEVO offers an AI-powered user research platform that helps teams test concepts, campaigns, and product experiences using AI personas or real human participants.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaS
Nitzan Shaer(Founder)in
Co-investorsCervinEastward Capital PartnersFlucas VenturesHawke VenturesJ-VenturesRackhouse Venture Management Lp+4 more
Wildfang is an apparel brand offering gender-fluid clothing, reinterpreting menswear classics tailored to fit the female form across a range of sizes.
ConsumerDirect to ConsumerE-commercePortland, US
Emma McIlroy(Co-founder & CEO)inJulia Parsley(Co-founder)Taralyn Thuot(Co-founder)Amy Hjorth(Executive Officer)
BoardSarmad Saghir(Director)Jonathan Whitcher(Director)
Co-investorsAssembled BrandsBackstage CapitalLong Way VenturesOregon Venture FundPortland Seed FundVTF Capital+1 more
Wripple is an online marketplace that matches companies with vetted, agency-experienced marketing freelancers and boutique/micro agencies using a matching algorithm, with upfront pricing and profiles.
Future of WorkMarketing TechMarketplacesSmyrna, US
Bonny Davis Block(Executive Officer, Director)inShannon D. Denton(Executive Officer, Director)Walter Ray Samuels(Executive Officer)
BoardFrank Tighe(Director)inAJ Brustein(Director)Ross Kimbel(Director)in
Co-investorsAtlanta Technology AngelsBLH Venture Partners, LLCService Provider CapitalSilicon Road VenturesTech Square VenturesGolden Seeds
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
GoumiMINNOW TECHNOLOGIES, INC.Wild Technology, Inc.BaconBlendoorBlendScoreCarpedmCelageCélage Biosciencechelsea deloney collectionChoixGoodwellHeritage LaboratoriesHubbInvioIt AireLifeairLoopielaundryMadoraMagwireMyohealth TechnologiesPacLab AnalyticsPublic MarketRen EnergyScout MilitaryStonestableStrateseaStrateSea TechnologyVectorlyVersiWaterleaf
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 4
1 IPOs · 3 acquisitions · showing 3Portfolio news
latest coverage across their companies
Thaena · thaena.com · Aug 18, 2026
Etsy · etsy.com · Aug 1, 2026
Phosio · trysignalbase.com · Jun 3, 2026
Canopii · geekwire.com · May 26, 2026
Frequently asked questions
- How many investments has Elevate Capital made?
- Elevate Capital has 124 tracked investments, 4 of which have exited, including 12 dated in the last 24 months.
- What stage does Elevate Capital invest at?
- Elevate Capital invests at the Pre-Seed, Seed, Series A stages.
- What is Elevate Capital's typical check size?
- Elevate Capital typically writes checks of $2M – $25M.
- What sectors does Elevate Capital focus on?
- Elevate Capital focuses on AI & Machine Learning, Fintech, Healthtech, Impact & Social Good, Sector Agnostic.
- Where is Elevate Capital located?
- Elevate Capital is headquartered in Portland, US.
- Does Elevate Capital lead rounds?
- Yes, Elevate Capital leads investment rounds.
- Who does Elevate Capital co-invest with?
- Elevate Capital most often shares deals with Portland Seed Fund, Ideaship, Long Way Ventures, among 104 tracked co-investors.
From the blog
visit blog ↗Elevate Capital has recently highlighted portfolio companies advancing autonomous systems in defense and maritime sectors, while announcing a strategic pivot toward agentic AI investments with its Fund III, leveraging its inclusion-arbitrage thesis for identifying capital-efficient founders. AI summary
Media · Podcasts & interviews
featuring the teamInvestor Connect - 776 - Nitin Rai of Elevate Capital
Hall Martin · Nitin Rai
Investor Series - Nitin Rai, VC, Elevate Capital - RBL1 Live
Rebel One · Nitin Rai
The Elevate Capital Story - Nitin Rai, Founder and Managing Director
Elevate Capital · Nitin Rai
Becoming a Venture Capitalist with Nitin Rai, Managing Director Elevate Capital
Elevate Capital · Nitin Rai
Elevate Capital 2025 Annual Investor Reception: June 3, 2025
Elevate Capital · youtube.com
Elevate Oregon 2024: Closing Remarks
Elevate Capital
Images
Co-investors · 3
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Firms observed investing alongside Elevate Capital, from public investor directories. Shared companies are the overlap with Elevate Capital's recorded portfolio.
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