/Investor DB

Elevate Ventures

Venture capital

Indianapolis · Pre-Seed–Series A · 22 people tracked

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Investment thesis

Earliest-stage Indiana startups receive hands-on assistance from a team of experienced operators.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$20K – $2M
HQ
Indianapolis, Indiana, US
Leads rounds
Leads
Instruments
Equity
Founded
2011
Last 12 months
2 investments
AUM
$222M
Tracked investments
456
Unicorns
3
IPOs
1
Acquisitions
9

Team · 22 people

from the firm's website & public directories
Toph Day· CEOin𝕏

Toph Day is the CEO of Elevate Ventures and serves as Chief Visionary for Rally, a cross-sector innovation conference. Over roughly 30 years he has co-founded eight businesses across seven sectors, with several exits to Fortune 500 companies, and has led companies in fields including artificial intelligence, SaaS, hardtech, broadband, entertainment, investment banking, and real estate. He is a 1992 graduate of Purdue University and resides in Zionsville, Indiana.

Phil Lodato· General Counsel, Chief Compliance Officer, GO Fund Co-Managing Partnerin𝕏

Phil Lodato combines an economics and valuation background from PricewaterhouseCoopers, corporate and transactional law experience, and public–private fund expertise, having overseen 500+ Indiana startup financings as GC/CCO.

Jacob Schpok· Partner and Head of Platformin𝕏

Jacob Schpok is Partner and Head of Platform at Elevate Ventures and a member of the Investment Committee, overseeing teams that source and sponsor investment opportunities and support portfolio company exits. He previously co-founded SaaS and logistics startups, held a senior role at an Indianapolis telecommunications startup, and served in Indiana state government roles focused on small business and entrepreneurship.

Matt Tyner· Managing Partnerin

Matt Tyner is Managing Partner at Elevate Ventures, overseeing investment activities for the firm's early and growth-stage funds. He previously served as VP of Finance & Operations, then VP of People Operations and Indianapolis GM at SmarterHQ, which was acquired by Wunderkind in 2020, and has experience guiding companies through Angel to Series C funding.

Myles Grote· Partnerin𝕏

Partner at Elevate Ventures focused on supporting and refining the firm's investment processes. An Indianapolis native and IU Kelley School of Business alum, he has spent 17 years building and investing in technology companies, previously serving as Head of Portfolio Success at High Alpha Innovation, launching the Omnidollar syndicate in Indiana, and spending four years as an EIR and mentor at a Techstars program.

Patrick Sweeney· Principalin
Andie Hines-Lagemann· Director of Engagement and EQ Practitionerin

Andie Hines-Lagemann is Director of Engagement and EQ Practitioner at Elevate Ventures, where she connects founders and ecosystem builders across Indiana and leads initiatives to strengthen innovation and increase access to resources for startups. She is also founder of Tidewater Coaching, providing emotional intelligence coaching to entrepreneurs, leaders, and teams. Hines-Lagemann holds a Master's degree in Positive Psychology from Indiana Wesleyan University and has worked in startup ecosystems and economic development since 2014.

Asa Kelly· Vice President of Investment Operations & Portfolio Analyticsin
Ben Weber· Senior Accountantin
Brighid King· Platform Operations Managerin
Chris Huxhold· CFOin
Drew Hannel· Analystin
Erica Schweyer· Chief of Staffin
Hayes Barnes· Director of Marketingin

Hayes Barnes is Director of Marketing at Elevate Ventures. He previously held the role of Marketing Director at GANGGANG, where he developed organizational marketing strategy and oversaw branding, messaging, and multi-channel campaigns, including launching a music festival and growing audience engagement for BUTTER art fair. Earlier in his career, he worked at Eli Lilly & Company in healthcare digital marketing, executing multi-channel campaigns and applying market research to brand positioning.

Jay Harmas· Director of Portfolio Successin

Jay Harmas is Director of Portfolio Success at Elevate Ventures, where he works to connect portfolio companies with the people and resources they need. A graduate of Indiana University, he previously spent six years in live production with David Copperfield in Las Vegas before returning to Indianapolis in 2016 to work in technology and people management at a behavioral marketing firm. He also co-owns a small Indianapolis-based business with his wife.

Makenzie Norris· VP of Life Sciences
Marli Carmack· Office Managerin
Muhammad Yasin· CMOin
Cy Megnin· VP of Softwarein

Cy Megnin is an entrepreneur, founder and advisor with over two decades of experience, having built companies including PrepFlash (an Intel Capital-backed edtech firm) and CloudCoreo (acquired by VMware). He holds an Economics degree from Indiana University and an MBA from Baylor University, and serves as Elevate Ventures' Vice President of Software.

Landon Young· VP of Pre-Seedin𝕏

Landon Young is an entrepreneur, educator, and investor focused on high-impact technology innovation, serving as Elevate Ventures' Vice President of Pre-Seed. He holds a Ph.D. from Purdue University, completed executive education at Harvard, and advises and sits on boards of several venture-backed startups.

Logan White· Analystin

Logan White is an analyst on Elevate Ventures' investment team, focusing on due diligence, monitoring, and reporting. She previously managed accelerator programs and worked with startup founders, and holds a finance and marketing degree from Butler University.

Nicholas Kuhn· VP of Hardtechin

Nicholas Kuhn is Vice President of Hardtech at Elevate Ventures. A Purdue University graduate in Construction Management with an MBA from Loyola University Chicago, he founded and later exited a real estate management firm and has entrepreneurial experience across hospitality, e-commerce, and consulting.

Founder mafia

5 people who came through Elevate Ventures went on to found or lead other companies.

What they invest in

from 291 of 456 portfolio companies

SaaS ×108AI & Machine Learning ×78Enterprise Software ×72Healthtech ×68Consumer ×39Hardware ×38Biotech ×34Medical Devices ×31

HQs:United States×215United Kingdom×3Australia×1Brazil×1Germany×1European Union×1

Who they back

founder profiles across 155 portfolio companies
55%
solo founders
86 of 155 mapped founding teams
37%
repeat founders
of 143 founders with career history
~3 yrs
old at investment
median across 54 dated deals

Founding team size:solo founder×862 founders×463 founders×124+ founders×11

Where their founders studiedfrom 136 founders with education data

Indiana University Bloomington ×19Purdue University ×19Indiana University Indianapolis ×5Butler University ×4Cornell ×3Hanover College ×3Harvard Business School ×3Indiana State University ×3

What their founders studiedfrom 138 founders with field-of-study data

Engineering ×32Business & Management ×27Computer Science ×22Finance & Accounting ×17Humanities ×12Economics ×11Mathematics & Statistics ×7Social Sciences ×6

Where their founders worked beforefrom 143 founders with career history

Purdue University ×9IBM ×6Angie's List ×4Apple ×3Eli Lilly ×3Exact Target ×3Humanly ×3Indiana University School of Medicine ×3

Accelerator rootsportfolio companies that came through a program

Techstars ×27Y Combinator ×3

19 founders hold a PhD · 17 hold an MBA (of 152 with degree data) · backed the same founder in 2+ companies: 2 founders

Investments · 456 tracked

founders shown can be your intro path

By year:2026 · 22025 · 42024 · 82023 · 132022 · 262021 · 162020 · 52019 · 132018 · 92017 · 62016 · 52015 · 4115 dated

PDS Biotechnology Corp.pdsbiotech.comin𝕏NASDAQ: PDSB

PDS Biotech develops T cell activating immunotherapies for cancer and infectious disease vaccines in clinical stages.

BiotechHealthtechNorth Brunswick, US

Frank K. Bedu-Addo(Executive Officer)inFrank Bedu-Addo(President, Chief Executive Officer, Principal Executive Officer and Director)inGregory L. Conn(Chief Scientific Officer)Kirk Shepard(Chief Medical Officer)inLars Boesgaard(Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer)inStephan Toutain(Chief Operating Officer)in

Co-investorsEMV CapitalYorkville Advisors

Aspisaspis.finance𝕏✓ verified

Aspis is a self-custodial DeFi portfolio automation tool that operates through a Telegram-based interface, letting users automate trades, monitor markets, and follow strategies via on-chain vaults.

AI & Machine LearningCrypto & Web3Fintech

Co-investorsBrinc

Eclipse Orthopaedicseclipseortho.comFeb 2021✓ verified

Eclipse Orthopaedics is developing the Radioscopic Targeting Attachment (RTA), a freehand targeting and drilling device to help surgeons perform distal locking during intramedullary nail fixation of leg and hip fractures with less operative time and reduced radiation exposure.

Advanced ManufacturingHardwareHealthtechMedical DevicesWarsaw, US

Barry W. Rich(Executive Officer, Director)David B. Rich(Executive Officer, Director, Promoter)

Co-investorsFirst Leaf Capital

ExpiWellexpiwell.comin𝕏✓ verified

ExpiWell provides ecological momentary assessment (EMA) and experience sampling (ESM) software used by researchers to capture real-time data on participants' daily experiences, emotions, and behaviors.

AI & Machine LearningData & InfrastructureDigital HealthEdTechHealthtechSaaS

Justin(CEO)Dr. Louis Tay(Co-founder)

FiberXfiberxproducts.comin𝕏✓ verified

FiberX develops bio-based materials from corn stover for use in agriculture and chemical industries.

AgTechCircular EconomyCleantechNew MaterialsHammond, US

Wade Lang(Secretary and Director)David Skibinski(President, Chief Executive Officer, Treasurer and Director)

NanoBio Designsnanobiodesigns.comin✓ verified

NanoBio Designs develops nanotechnology-based assays and detection devices that use microparticle pairing to visibly identify target DNA sequences and genetic markers in grain samples such as soybeans.

AgTechBiotechDeep TechFoodTechHardwareIndianapolis, US

Karl Wilt(Contract CFO)Ryan Skaar(Executive Officer, Director)Derek Lyons(Executive Officer, Director)Aaron Santos(Board Member)

BoardTodd Kielkopf(Executive Officer, Director, Promoter)

Neuravaneurava.comin✓ verified

Neurava develops AI-powered wearable devices designed to monitor seizures and cardiorespiratory dysfunction in people with epilepsy, aiming to mitigate the risk of SUDEP (Sudden Unexpected Nocturnal Death in Epilepsy).

AI & Machine LearningHealthtechMedical DevicesBaltimore, US

Vivek Ganesh, PhD(Co-founder)Jay Shah, PhD(Co-founder)Trevor Meyer, PhD(Co-founder)inVivek Ganesh(Executive Officer, Director, Promoter)inJay Shah(Executive Officer, Director, Promoter)in

BoardMona Chadha(Director)in

Co-investorsDevice of Tomorrow CapitalFirst Leaf CapitalSugati VenturesSymbiotic Ventures

Bereavebereave.ioinMay 2023SEC filingmedium confidence

Bereave provides technology that helps people find guidance, support and information when navigating the death of a loved one, serving employees, families, HR teams and managers.

Future of WorkHR TechSaaSWellness & FitnessIndianapolis, US

Kristine Camron(Executive Officer)Justin Clifford(CEO)

BoardMike Trotzke(Director)Michelle Cole(Director)Elijah Linder(Director)

Board seatMatt Tyner· per SEC Form D · $327.7K raise · filed Aug 2024

Co-investorsIU Ventures

Confluence Pharmaceuticalsconfluencepharma.comSep 2018

Confluence Pharma is a clinical-stage biopharmaceutical company developing sustained-release drug formulations to treat the core social and communication impairments of Fragile X Syndrome, Autism, and other neurodevelopmental, neuropsychiatric, and addiction-related disorders.

BiotechDigital HealthCarmel, US

Steven L. Johns(President & Founder)

BoardBoyd W. Sturdevant, Jr.(Chairman & Founder)

Board seatPhil Lodato· per SEC Form D

Co-investorsIU Ventures

Elategoelate.cominApr 2024 · $4.9M

Elate is a strategy management platform that connects planning, execution, and reporting into a single system, with an AI layer that surfaces risks and automates updates.

AI & Machine LearningEnterprise SoftwareSaaSIndianapolis, US

William Brooks Busch(Executive Officer, Director)Abigail Parker(Executive Officer, Director)

BoardMike Asem(Director)in

Board seatMatt Tyner· per SEC Form D

Co-investorsCapital Midwest FundConnetic VenturesM25Serra VenturesService Provider CapitalHyde Park Angels+2 more

RootNoterootnote.coin𝕏Mar 2024

RootNote provides data analytics and insights for content creators and businesses, helping them understand and optimize their content performance.

Creator EconomyData & InfrastructureGamingMarketing TechSaaSNashville, US

Jason Burchard(Chief Executive Officer)inJeremy Burchard(Chief Creative Officer)inChandler Barnes(Chief Technical Officer)in

Board seatMyles Grote· per SEC Form D

Co-investorsHilltop Venture PartnersJohnson Venture PartnersLaunch TennesseeLong Way VenturesPopstar VenturesTechstars+3 more

TMaptmap.com𝕏Nov 2022SEC filingmedium confidence

TMap operates community recruiting through its MakeMyMove.com platform, helping cities and states attract fully remote workers to relocate, and provides talent acquisition services that use its data-driven talent mapping technology to help employers find candidates.

Future of WorkGovTechHR TechIndianapolis, US

William Oesterle(Executive Officer)

Board seatJacob Schpok· per SEC Form D · $9.6M raise · filed Oct 2023

120Water120water.comin𝕏

120Water builds compliance management software for water utilities and state agencies to help them manage drinking water regulations and protect public health.

Climate TechData & InfrastructureGovTechSaaSZionsville, US

Megan Casey Glover(Founder)in

Co-investorsAllos VenturesEdison PartnersGHC Fintech SPVHG VenturesRevolutionRise of the Rest Seed

3BG Supply Co.3bgsupply.cominFeb 2017

3BG Supply Co. is an industrial distributor of maintenance, repair, and operations (MRO) products such as power transmission components, bearings, and belts, offering sourcing, technical support, and fast delivery.

B2B MarketplacesE-commerceLogistics & Supply ChainFort Wayne, US

Shane Araujo(President, Co-Founder)inMatt Seitz(Chief Executive Officer)in

Adipo Therapeuticsadipotherapeutics.cominJan 2024

Adipo develops investigational therapeutics that promote weight loss by activating brown fat to increase energy expenditure, offering an alternative to appetite-suppressing drugs like GLP-1s.

BiotechHealthtechLongevityIndianapolis, US

Keith Johns(Executive Officer)inKaren Wurster(Executive Officer, Director)inMeng Deng(Director)

BoardMichael Clayman(Director)

Co-investorsIU VenturesOkeanosRiverbend Capital

Advanced Renewable Powerarpteck.com

Advanced Renewable Power develops mobile and stationary power grid systems with integrated battery solutions for countries lacking electric grid infrastructure, serving transit operators and utilities.

CleantechEnergyHardware

AfterSchool HQafterschoolhq.cominSeed · Jun 2023 · $3M

AfterSchool HQ operates a platform that connects students with after-school programs to help them explore interests and activities.

ConsumerEdTechEnterprise SoftwareMarketplacesSaaSFishers, US

San Pathak(COO & Co-Founder)inDarye Henry(CEO)inDareskedar Henry(Executive Officer, Director, Promoter)

BoardJennifer Carolan(Director)in

Co-investorsBlack Tech Nation VenturesSixty8 CapitalFlywheel FundReach Capital

AIT Biosciencenexelis.comDec 2014

IQVIA Laboratories provides central laboratory and specialty biomarker services for drug discovery and development, serving pharmaceutical sponsors and clinical trial sites.

BiotechHealthtechMedical DevicesIndianapolis, US

Ronald E. Shoup(Executive Officer, Director)Michael Evans(Executive Officer, Director)Teresa A. Pascarelli(Executive Officer, Director)Terry J. Spartz(Executive Officer, Director)

BoardR. J. McConnell(Director)John H. Barnard(Director)

Co-investorsAmpersand

Akanocure Pharmaceuticalsakanocure.com

Akanocure is a drug development company using a proprietary chemistry platform to create novel small-molecule therapies, with a focus on orphan and unmet needs in oncology and blocking metastatic processes.

BiotechHealthtechWest Lafayette, US

Philip L. Fuchs(Executive Officer, Director)Mohammad N. Noshi(Executive Officer, Director)Sherine M. Abdelmawla(Executive Officer, Director)

Alleraalleratech.cominFeb 2025

Allera provides software for food companies to onboard suppliers, collect and validate documents, and monitor regulatory compliance automatically.

AI & Machine LearningEnterprise SoftwareFoodTechSaaSChattanooga, US

Matthew Hapner(Executive Officer)inPatrick McNamara(Executive Officer, Director)

Co-investorsGutter CapitalBrickyard

Amplifiedamplified.coin𝕏Nov 2024

Amplified helps brands and advertisers measure and optimize the value of consumer attention through data-driven tools and insights.

AdTechAI & Machine LearningData & InfrastructureMarketing TechSaaSAdelaide, AU

Co-investorsTen13Schooner Capital

Amplified Sciencesamplifiedsciences.comin𝕏Sep 2023

Amplified Sciences is a clinical-stage diagnostics company that has developed an ultra-sensitive optical reporter platform for multi-omics diagnostic tests, aimed at helping clinicians detect, treat, and monitor difficult diseases.

BiotechHealthtechMedical DevicesWest Lafayette, US

Diana Caldwell(Executive Officer, Director)inVincent Jo Davisson(Executive Officer, Director)

BoardAndrew Cothrel(Director)inWade Lange(Director)Robert Saunders(Director)

Co-investorsBeni Venture CapitalGravity VenturesHouston Angel NetworkIU VenturesFlywheel FundOCA Ventures

Andurilanduril.comin

Anduril builds autonomous systems and software for defense and military applications, including attack aviation, unmanned aircraft, and underwater vehicles, unified by an autonomy platform.

AI & Machine LearningDefense TechHardwareRobotics

Palmer Luckey(Founder)inBrian Schimpf(Founder)inTrae Stephens(Founder)inJoe Chen(Founder)Joseph Chen(Founder)inMatt Grimm(Founder)

Co-investors137 Ventures1435 Capital1Flourish Capital8VCAliya Capital PartnersAltra Venture+109 more

Anugrowanu.comin

Anu develops indoor growing systems—including compostable Seedpods, countertop Growpods, and shipping-container aeroponic farms—that let consumers grow pesticide-free produce at the point of consumption.

AgTechConsumerHardware

Ivan Ball(Founder)in

Anvlanvl.comin𝕏

Anvl offers a connected worker platform that gives frontline workers and supervisors in-the-moment guidance, alerts, and analytics to identify hazards, improve product quality, and manage operations.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaSFishers, US

Robin Fleming(Executive Officer, Director)inZach Taylor(CEO)in

BoardMike Fitzgerald(Director)inSherry Aaholm(Director)Steve Cage(Director)Scott Kraege(Director)in

Co-investorsHigh AlphaRevolutionIvy Venture AdvisorRise of the Rest Seed

Apexian Pharmaceuticalsapexianpharma.com

Apexian Pharma is a biopharmaceutical company developing APX3330, an oral drug for treating Inflammatory Bowel Disease, including Crohn's disease and ulcerative colitis, as a single agent or in combination.

BiotechHealthtech

Co-investorsIU Ventures

Apl Next Edaplnexted.comin

APL nextED is an academic operations platform for higher education institutions that integrates with existing enterprise systems like learning management systems, student information systems, and human resource systems to centralize faculty, staffing, and academic management.

EdTechEnterprise SoftwareSaaS

Kathleen Gibson(CEO & Founder)in

Co-investorsBisk Ventures

App PressinJun 2014

Software company (Seed+, Exited)

Indianapolis, US

Grant Glas(Chief Executive Officer; Member)in

Applied Atomicswixsite.com

Applied Atomics develops, builds and operates 100 MW-1 GW light-water nuclear plants co-located with industrial customers.

Ben Kellie(Founder)in

Co-investorsApollo Informal InvestmentHEC Paris IncubatorInnovation UBCInventures Investment PartnersLotte VenturesPix Vine Capital+8 more

AquaSpyaquaspy.comin

UnderGround Weather combines continuous underground soil measurement with AI-powered analysis to help growers and agronomists make better irrigation and nutrient management decisions.

AgTechAI & Machine LearningIoT

Bruce Moeller(CEO)

Co-investorsMiddleland CapitalEmerald Technology Ventures Ag

Arcamarcam.co.ukAcquired

Arcam designs and builds audio equipment for music reproduction, developing hi-fi products engineered by its team of audio engineers.

ConsumerHardware

Co-investorsIndustrifondenSkagerak CapitalYintai Investment Company

Ascent Integrated Techascentitech.comin𝕏

Ascenti Tech builds WearTAK, a wrist-worn Tactical Assault Kit (TAK) end-user device that passively monitors operator vitals, drops MIL-STD-2525D map points, sends alerts, and provides microphone-based gunshot and UAS detection over existing TAK infrastructure.

Defense TechHardwareIoT

Paul Couston(Founder)in

Co-investorsAlumni VenturesChicago Early Growth Ventures (CEGV)Illinois VenturesSandalphon CapitalTribes VenturesDipalo Ventures+1 more

Assurance Health Systemassurancehealthsystem.com

Assurance Health operates short-term inpatient psychiatric hospitals focused on the mental health needs of senior and aging patients.

HealthtechMental HealthWellness & FitnessAnderson, US

Kyle Small(Principal)Morris Long(Principal)inBarry Zeman(Principal)

Ateiosateios.comin𝕏Oct 2020

Ateios develops electrode manufacturing techniques designed to accelerate production speed, reduce carbon emissions, and decrease the physical footprint of battery manufacturing and gigafactories.

Advanced ManufacturingCleantechEnergyMedical DevicesNew MaterialsLa Jolla, US

Terry Taber(CTO)

Co-investorsCarat Venture PartnersCharmides CapitalCowtown AngelsE8 AngelsGood Growth CapitalHG Ventures+7 more

Atlas 3Dsiemens.comJan 2018

Siemens provides industrial products, services and software spanning the industrial lifecycle, using AI, simulation and smart technologies for digital transformation.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareIoTMunich, DE

Co-investorsAnzu PartnersHarmony Partners

Attendattend.techinJan 2015

Pass is a ticketing and revenue platform that enables teams, venues, and organizations to monetize unsold inventory by allowing holders to upgrade seat locations or purchase add-ons.

B2B MarketplacesConsumerMarketplacesSaaSSports TechBoston, US

Matthew S. Engel(CEO, President and Secretary)

BoardGraham Brooks(Director)inMaria Cirino(Director)inJeff Bennett(Director)

Co-investorsEverywhere VenturesMarketplacePhoenix Capital VenturesTribes Ventures.406 Ventures

Authenticxauthenticx.cominJun 2021 · $7.5M

Authenticx is a conversation intelligence platform that uses AI trained on healthcare data to uncover system-critical insights from customer interactions, helping healthcare organizations identify barriers to better outcomes and improve operational efficiency.

AI & Machine LearningEnterprise SoftwareHealthtechCarmel, US

Amy Brown(Founder & CEO)inMcKay Dunn(Director)inMelanie Bella(Director)

BoardVictor Gutwein(Director)in

Co-investorsAllos VenturesBeringeaHigh AlphaM25Mutual Capital PartnersRun Ventures+4 more

Awesome People Leadersawesomepeopleleaders.comin

Awesome People delivers short, practical microlearning embedded into daily work (via email, DM, or text) to reinforce communication, collaboration, and accountability behaviors across teams.

AI & Machine LearningEdTechEnterprise SoftwareFuture of WorkHR Tech

Heather Polivka(Founder)in

BabyPlusbabyplus.com𝕏

BabyPlus makes a prenatal auditory enrichment product designed to stimulate a developing baby before birth and support bonding between mother and child.

ConsumerFemTechWellness & Fitness

Lisa Jarrett(Founder)in

Beastcoastbeastcoast.ggin𝕏Apr 2021

M80 is an esports organization that fields competitive teams across titles such as VALORANT, Counter-Strike, and 2XKO, and sells branded merchandise to fans.

E-commerceGamingMedia & EntertainmentSports TechNew York City, US

Grant Zinn(Executive Officer, Director)inWilliam Zinn(Executive Officer)Sharon Zinn(Executive Officer)

Co-investorsIU VenturesKube VCTechstarsFlywheel Fund

BeyondRankedbeyondranked.comin

GamingIndianapolis, US

Co-investorsGravity VenturesTechstarsThe Fund

Biokorfbiokorf.com

Biokorf works on 3D Integrated Pharmaceuticals, including particle engineering and cocrystals for drug development.

BiotechDeep Tech

BiomEditbiomedit.cominJul 2025 · $18.4M

BiomEdit develops microbiome-based products for animal health using high-throughput microbiology and AI-powered predictive algorithms.

AgTechAI & Machine LearningBiotechFishers, US

Bruce Schelkopf(Executive Officer)inAaron Schacht(CEO)in

BoardPatrick James(Director)Paul Casady(Director)Brett Wong(Director)inBarbara Bodem(Director)

Co-investorsViking GlobalAgriZeroNZAnterra Capital

bionodebionode.net

Developing a first-in-class smartlens system for glaucoma treatment that rapidly reduces intraocular pressure in patients.

Co-investorsSmartHealth Catalyzer

Biothermic Process Controlsbtpcontrols.comin

BioThermic Process Controls develops single-use technology for high-fidelity temperature control of precision fermentations, aimed at bioproduct manufacturers.

Advanced ManufacturingBiotechHardware

Bloom SpatialinFeb 2026

Bloomington, US

Joel Replogle(Executive Officer, Director)inPablo Fuentes(Executive Officer, Director, Promoter)

Co-investorsFlywheel Fund

Blue Pillarbluepillar.com𝕏Jan 2017 · $10M

Blue Pillar (Generac Link Manager) provides a platform to unify monitoring and control of industrial energy assets across mixed OEM environments, using protocols such as Modbus and CANBus.

EnergyEnterprise SoftwareIoTIndianapolis, US

Thomas J. Willie(Executive Officer, Director)Brad Witter(Executive Officer, Director)inKevin Kushman(Director)

BoardBill Kingsley(Director)John McIlwraith(Director)inJason Rottenberg(Director)

Co-investorsAllos VenturesCapital Midwest FundArsenal Growth EquityClaremont Creek VenturesEnerTech Capital

Blueprint Statsblueprintstats.com

Software company (Pre-Seed, Exited)

Bloomington, US

Clyde Hunter Hawley(Executive Officer, Director, Promoter)

Co-investorsIU Ventures

Boardableboardable.comin𝕏

Boardable provides software for nonprofit boards to manage governance, collaboration, and operations.

Enterprise SoftwareGovTechImpact & Social GoodSaaSFishers, US

Co-investorsHigh AlphaIU VenturesBase10 Partners

BoxFoxboxfox.co

Indianapolis, US

Chris Palmer(Executive Officer)

Bracebrace.ioJun 2021 · $1MDefunct

Brace is a web hosting service that syncs with file storage like Dropbox and maintains separate draft and production environments, with the production version optimized for performance.

Data & InfrastructureEnterprise SoftwareSan Francisco, US

Eric Rachmel(Founder)inLauri HynynenCole Krumbholzin

Co-investorsCanvas VenturesY CombinatorPoint72 Ventures

Bracebrace-ltd.cominJun 2021 · $1M

Brace develops software and remote-enabled services to improve operational efficiency in orthodontic clinics, allowing practitioners to focus more time on diagnosis and treatment quality while addressing workplace challenges in a predominantly female workforce.

Future of WorkHealthtechMedical DevicesSaaSTokyo, JP

Jun Yoshizumi(CEO / Dentist)

Co-investorsANOBAKACanvas VenturesCrosslink CapitalPoint72 Ventures

Brickell Biotechfrtx.comMay 2022

BiotechBoulder, US

Monica Elisabeth Luchi(Executive Officer)Jose Augusto Breton(Executive Officer)David Robert McAvoy(Executive Officer)Andrew David Sklawer(Executive Officer)Deepak Chadha(Executive Officer)Vijay Bal Samant(Director)

Brightlampreflexapp.io

Reflex is an iOS-based pupillometry system that performs automated pupillary light reflex (PLR) analysis, offering objective, repeatable pupillogram detection for point-of-care and telehealth use.

Digital HealthHealthtechMedical Devices

Cambridgecapitalmgmtcambridgecapitalmgmt.comin

Cambridge Capital Management provides alternative growth capital financing to small and medium-sized businesses that may not qualify for conventional bank loans, financing fixed assets, real estate, construction, equipment, and working capital.

FintechIndiana, US

CaptureNoirecapturenoire.com

CaptureNoire offers Lightroom presets designed specifically for deep skin tones, delivering vintage film-inspired color grading and effects.

ConsumerCreator EconomyMarketing TechMedia & Entertainment

Castedcasted.us

Indianapolis, US

Lindsay Tjepkema(Executive Officer, Director)inAdam Patarino(Executive Officer, Director)

BoardAlex Shtarkman(Director)David Golden(Director)inScott Dorsey(Director)inKristian Andersen(Left director position as of 3/24/2021)in

Co-investorsHigh AlphaRevolutionTappan Hill Ventures

Catenacatena-nano.comin

The page is a blog post offering beginner tips for planning a first concrete pour, covering site preparation, forming, finishing, and curing.

Construction Tech

Co-investorsIaso VenturesQED Investorsa16z cryptoAcrew CapitalBreyer CapitalGeneral Catalyst+6 more

Catipultcatipult.aiin𝕏

Catipult.ai is a business execution platform that integrates strategic planning, meeting management, project tracking, and KPI monitoring with AI-powered insights to help teams align on goals and execute efficiently.

AI & Machine LearningEnterprise SoftwareSaaSNot stated, US

Civicget-civic.cominJun 2022

Civic provides a unified platform called Revere designed for government offices at federal, state, and local levels.

AI & Machine LearningGovTechSaaS

JonJulian

Co-investorsClaritas CapitalThe MBA Fund

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

CloudOne3B AppsAcoustictechnologiesllcAdapta EducationAerofluxAgenDx BiosciencesAmerican EvidenceApplied BiotherapeuticsAraqevAt Home Health ServicesAttiBefitsBolstraBoost AppBoostervilleBreakthrough SolutionsC2 Medical RoboticsCanopyCatheter ResearchChaserCommSenseConstruct IntelConsulTeamsCoolCorpCordian TechnologiesCostelloCourseloadCovert DefensesCPreciselyCreole StyleCyberknightsD2PDay AIDinnerCallDiversifindDouble Down SpiritsEatHere®Elevate LearningEmkow JohnsonEmplifyEnhance TherapiesEnviroSolve BioEnergyEverewearFia Technologies, IncFrameworks Marketing GroupFrontier Additive ManufacturingFrost Control SystemsFroYo XPressGamerizedGittaGo ElectricGrain EcosystemGustoHavenHealthcare AnywhereHeliponixHelloFromHGMC SupplyHUMN CapitalHySonic TechnologiesImagine Medical DeviceImmuneWorksIntellect BayJewell Laboratories

Browse all 456 investments with full details →

▶256 more tracked companies

Juke TechnologiesKaryosoftKinaSenseKINGA SAFETYKinney GroupKLOTO SocialKonnexKovina TherapeuticsLaxisLead My CareLeaftech AgLena WorksLensQuoteLessonlyLessonlyLifeDriveLokator Pitching AcademyLumatic ImageryLumen BioMagpieMakeMyMoveManweb ServicesMarket WagonMediTrak LifeMembershineMidwest Dollar StoresMili LlamaMiller Co Medical DevicesMimik StudioMirteqMITOMITO Material SolutionsMobile reCellMobileenerlyticsMomentPathMonument BiosciencesMotion SportsMotivating SystemsMotoring LabsMoxie GirlMPB Essential TechnologyMPowerMR-LinkMultiscale Integrated Technology SolutionsmyBiometrymyCOImyTicketsNanovisNature GreensNearWaveNelicommunityNEPHRAWNNĒRx BioSciencesNetCitadelNeuro VigorNeurodonNewton’s Laws of TransportationNice TechnologiesNorth American Cold StorageNovilyticNovosteoOak Security GroupOfficeRnDOn Target LaboratoriesONEOQOpeninsightsOpStart GrowthOutreachOverfuelOwl Manor MedicalOwlmanormedicalPaidPaiperPaperclip FitnessParadiseParadise SpreadsParker TechnologyPARSIQPartTecPauly Jail Building CompanyPawCo FoodsPaxafePay4Me AppPayK12PBTT IncPeak MindPenguin InnovationsPerceivantPeriodicPerpetua TechnologiesPERQ SoftwarePetal SolutionsPharmaPrinterPhicrobePhleboticspi labPillar SoftwarePlan ForwardPlantennasPocket MethodsPowderkegPredictflowPredictive WearPrehensile TechnologiesPresidential PropertiesPrimerProbariProsoliaPURSPECPyleQualifiQuality Environmental ProfessionalsQuantum Research SciencesQuarion TechnologyQueue0QumulexRabbit TractorsRealyncRecovery ForceRecovery Force HealthRedPostrel EveRelay SoftwareReproHealth TechnologiesResarci TherapeuticsRespiratoryhealthtechnologiesREVTECH MaterialsRf SurgicalRhomeRides2URl DatixRound FourRussell GroomingSAFA.aiSalesLoftSalesvueScale ComputingScioto BiosciencesSelflesslySemiringSensorHoundSharpen TechnologiesShopScopeShotzrShufflemeSigstrSIMBASIMBA ChainSimpleSortieSimplexity SimulationsSintact Medical SystemsSkyepackSleep Easy TechnologySliceSlipstream ProjectsSmart ApplySmartFileSmartGaitSocio LabsSoloistSolstice MedicalSoteria FlooringSoundspace TechnologySPEAK MODalitiesSpeak2DaySpeechViveSpensa TechnologiesSpirrow TherapeuticsSpotlight CybersecuritySpringbukSproutBoxStage & SetStagetimeStamus NetworksStark TechnologiesSteadyServ TechnologiesStellarSTEMinentStoryboltStray Light Optical TechnologiesSTRE.MEStudiaSunny PeriodSuperQuickQuestionSwitch 3DPSword BioTactile EngineeringTangerineXTARGAMITETatoTayCo BraceTeichos LaboratoriesTenanttrackerTendlyTerminus SoftwareTessellatedThe InternXThe Juice SoftwareThe Learning AllianceThe New PapertheCutTherapproveThickStatTipSwiftTitlewise TechnologiesToolseyToralgenTorchlite TechnologiesTotal MIND CARETotchopTraction AgTradualityTraduality Language SolutionsTrava SecurityTrek10Trinity GuardionTrue Essence FoodsUjAMAAUltra AnkleUniBubblesUniform Sierra AerospaceUpperUpper HandValgotechVennliVeoVibenomicsVibronixVice LotteriesVinSensevisitorXVital View TechnologiesVitalswap TechnologiesVsimpleWave TherapeuticsWeb3SenseWebLink InternationalWellfount Corp.WhatfriendsdoWicked SheetsWiistreamWolfe Diversified IndustriesWolfpack ChassisWordSentryWoven TeamsWunderkind Corp.XillumXponent PowerXR TechnologiesYour Money LineYourcoZeaVaxxZero Carb LyfeZeroUI IncZiptilityZorion Medical

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 · 10

1 IPOs · 9 acquisitions · showing 2

PDS Biotechnology Corp.NASDAQ: PDSBEpix Therapeuticsacq. by Medtronic

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Elevate Ventures made?
Elevate Ventures has 456 tracked investments, 10 of which have exited, including 8 dated in the last 24 months.
What stage does Elevate Ventures invest at?
Elevate Ventures invests at the Pre-Seed, Seed, Series A stages.
What is Elevate Ventures's typical check size?
Elevate Ventures typically writes checks of $20K – $2M.
What sectors does Elevate Ventures focus on?
Elevate Ventures focuses on Advanced Manufacturing, AgTech, Biotech, Data & Infrastructure, Enterprise Software, Hardware, Medical Devices, SaaS, Sector Agnostic.
Where is Elevate Ventures located?
Elevate Ventures is headquartered in Indianapolis, US.
Does Elevate Ventures lead rounds?
Yes, Elevate Ventures leads investment rounds.
Who does Elevate Ventures co-invest with?
Elevate Ventures most often shares deals with Techstars, IU Ventures, Gravity Ventures, among 321 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Toph Day and Matt Tyner Jr. on Balancing Friendship and Startup Leadership at Elevate Ventures

Chris Spangle · Matt Tyner

350. Matt Tyner, Elevate Ventures | Agbioscience Podcast

AgriNovus Indiana · Matt Tyner

317. Toph Day, Elevate Ventures | Agbioscience Podcast

AgriNovus Indiana · Toph Day

Elevate Ventures with Jacob Schpok

Startup Competitors · Jacob Schpok

Images

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Co-investors · 4

High Alpha

High Alpha is a venture firm that creates and funds B2B SaaS companies, partnering with founders to build enterprise software businesses. It operates a venture capital arm (Capital) and a company-building arm (Studio).

Allos Ventures

Allos Ventures is a Midwest-focused venture capital firm that invests in early-stage B2B software and tech-enabled services companies, drawing on decades of experience to take a hands-on approach.

$1M – $6M
SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

Both backed · 1
$30K – $550K

Firms observed investing alongside Elevate Ventures, from public investor directories. Shared companies are the overlap with Elevate Ventures's recorded portfolio.

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