Elevate Capital
Venture capitalActively deployingBeaverton · Pre-Seed–Series A · 30 people tracked
Also known as ELEVATE CAPITAL ADVISORS, INC.
Investment thesis
Elevate Capital focuses on supporting underserved entrepreneurs by offering inclusive venture capital alongside mentorship, aiming to help these founders realize their full potential and build successful companies.
Source: firm website, verified Aug 3, 2026.
Team · 30 people
from the firm's websiteWhat they invest in
from 53 of 120 portfolio companiesHealthtech ×12SaaS ×12AI & Machine Learning ×10Biotech ×10Hardware ×9Cleantech ×8Medical Devices ×7Consumer ×6
HQs:United States×46
Investments · 120 tracked
founders shown can be your intro pathBeaverton, US
Board seatNitin Rai· per SEC Form D · $1M raise · filed Sep 2022
Grand Rapids, US
Yuridia Rodriguez(Executive Officer, Director)Rommel Vega(Executive Officer, Director)
Board seatNitin Rai· per SEC Form D
Seattle, US
Jonathan Belfort(Executive Officer)Sean Zhong(Executive Officer)Andy Troxel(Executive Officer)Robert Pflieger(Director)Steven Sperry(Director)Bradley Palmer(Director)
Board seatNitin Rai· per SEC Form D · $1M raise · filed May 2026
New York, US
Board seatNitin Rai· per SEC Form D · $2M raise · filed Jun 2024
Rock Paper Coin is a software platform for wedding and event professionals, vendors, and their clients to manage contracts, send and receive invoices, and process payments in one system.
FintechSaaSLake Oswego, US
Elizabeth Sheils(Co-founder)Nora Sheils(Co-founder)Valerie Troyer(Executive Officer, Director)
Board seatNitin Rai· per SEC Form D
Portland, US
Nadav Eylath(Director)Hugh Mackworth(Director)Gabriel M. Paez(Executive Officer, Director)
Board seatNitin Rai· per SEC Form D · $75K raise · filed Apr 2018
American Fork, US
Hunter Sebresos(Executive Officer, Director)Trevor Bodily(Executive Officer)Bruce G. Woodward, Jr.(Director)
BoardEdward Baker(Director)Brian Smith(Director)William Benson Metcalf(Director)
Biomotum develops wearable robotic systems for gait rehabilitation that assist individuals with neurological impairments such as cerebral palsy and stroke.
HealthtechMedical DevicesRoboticsPortland, US
RAYMOND C BROWNING(Executive Officer, Director, Promoter)ZACHARY L LERNER(Executive Officer, Director, Promoter)
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)in
A diversity analytics and hiring software company providing AI-driven recommendations, monitoring, and employer branding solutions to help companies attract and retain diverse talent.
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
Enterprise SoftwareMarketing TechPortland, US
Stewart Yaguda(Director)Sam Kolbert-Hyle(Executive Officer, Director, Promoter)
BoardStephen Marsh(Director)
BuildingLens provides software tools that integrate with building automation systems to help small to medium-sized buildings monitor air quality, reduce energy consumption, and improve occupant well-being.
CleantechIoTPropTech
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)
BiotechEugene, US
Allan Cochrane(Executive Officer, Director)Lynnor B. Stevenson(Director)August Sick(Executive Officer, Director)
BiotechPortland, US
Lynnor Stevenson(Executive Officer, Director)Ann Bunnenberg(Executive Officer, Director)Tania Vu(Executive Officer, Director)Sandra Shotwell(Director)
BiotechPittsburgh, US
Daniel Willis(Executive Officer)Matthew Kesinger(Executive Officer, Director)
Portland, US
Ana Chaud(Managing Member)
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)
GrowthPlug is a dental marketing platform that helps dental practices acquire new patients and improve online visibility through SEO, web optimization, online advertising, and business listings management.
HealthtechMarketing Tech
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 Devices
Prakash Agarwal(Director)Mohan Uttarwar(Director)Patricia White Seminario(Executive Officer, Director, Promoter)Peter Galen(Chief Innovation Officer, Co-Founder)Susan Morgensztern(Director)Annette Mulee(Director, Promoter)
Portland, US
Jason Patz(Executive Officer, Director)David Neketin(Director)Lane Smith(Executive Officer, Director)
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)
BiotechPortland, US
Frank Lau(Executive Officer, Director)Jason Bourgeois(Executive Officer, Director)
LifeAir Medical develops Airana, a disposable full-access bio-isolation system for medical use.
HardwareHealthtechMedical Devices
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.
Frequently asked questions
- 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 Impact & Social Good, Sector Agnostic.
- Where is Elevate Capital located?
- Elevate Capital is headquartered in Beaverton, US.
- Does Elevate Capital lead rounds?
- Yes, Elevate Capital leads investment rounds.
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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