Elevate Ventures
Venture capitalIndianapolis · Pre-Seed–Growth · 28 people tracked
Investment thesis
Elevate Ventures backs cross-sector, innovation-driven companies from early stage through high growth, positioning itself as a leading seed and early-stage investor in the Great Lakes region. Founded by former entrepreneurs, the firm combines strategic capital with mentorship, programming, and a co-investor network through which it syndicates deals and shares due diligence. It invests via convertible notes or equity, writing checks from $20K to $2M per round and up to $8M per company depending on stage. Beyond capital, Elevate emphasizes community building and acceleration programs such as Elevate Origins and Elevate+, with a mission to make Indiana the innovation capital of the world and to support diverse founders.
Source: firm website, verified Aug 3, 2026.
Team · 28 people
from the firm's website & public directories
What they invest in
from 217 of 428 portfolio companiesSaaS ×73Healthtech ×51AI & Machine Learning ×50Enterprise Software ×46Biotech ×26Hardware ×26EdTech ×22Consumer ×16
HQs:United States×148European Union×1United Kingdom×1Ireland×1Mexico×1
Investments · 428 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12024 · 22023 · 22022 · 102021 · 42020 · 12019 · 52018 · 32017 · 22016 · 32015 · 338 dated
PDS Biotech develops targeted immunotherapies using its Versamune T cell activating platform and PDS01ADC technology to induce tumor-infiltrating T cell responses.
BiotechHealthtech
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)
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)Jay Shah(Executive Officer, Director, Promoter)
BoardMona Chadha(Director)in
Indianapolis, US
Justin Clifford(Executive Officer, Director)Kristine Camron(Executive Officer)
BoardMike Trotzke(Director)Michelle Cole(Director)Elijah Linder(Director)
Board seatMatt Tyner· per SEC Form D · $327.7K raise · filed Aug 2024
Fishers, US
Jeff Barry(Director)Tom Kilcoyne(Chief Operating Officer)Ryan Diem(Director)John McDonald(President and Chief Executive Officer)Parker Hinshaw(Director)Chris Hughes(Director)
Board seatPhil Lodato· per SEC Form D · $4.2M raise · filed Apr 2016
BiotechCarmel, US
Boyd W. Sturdevant, Jr.(Manager of the Issuer)Steven L. Johns(President, CEO and Manager of the Issuer)
Board seatPhil Lodato· per SEC Form D
Elate is a platform for strategy and operations teams to align people, automate reporting, and track strategic execution, with an AI engine called Strategy Advisor for problem-solving.
AI & Machine LearningEnterprise SoftwareSaaSIndianapolis, US
William Brooks Busch(Executive Officer, Director)Abigail Parker(Executive Officer, Director)Mike Asem(Director)
Board seatMatt Tyner· per SEC Form D
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)Jeremy Burchard(Chief Creative Officer)Chandler Barnes(Chief Technical Officer)
Board seatMyles Grote· per SEC Form D
Indianapolis, US
William Oesterle(Executive Officer)
Board seatJacob Schpok· per SEC Form D · $9.6M raise · filed Oct 2023
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 Chain
BiotechIndianapolis, US
Meng Deng(Director)Keith Johns(Executive Officer)Karen Wurster(Executive Officer, Director)
BoardMichael Clayman(Director)
Advanced Renewable Power (ARP) develops and manufactures Lithium-Ion battery modules, battery packs, and stationary and mobile power grid systems.
CleantechEnergyHardware
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)Dareskedar Henry(Executive Officer, Director, Promoter)Darye Henry(CEO)
BoardJennifer Carolan(Director)
Life science company (Seed+, Exited)
BiotechIndianapolis, US
R. J. McConnell(Director)Michael Evans(Executive Officer, Director)Teresa A. Pascarelli(Executive Officer, Director)John H. Barnard(Director)Jonathon Fruchte(Director)John Michael Irons(Director)
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
BiotechWest Lafayette, US
Vincent Jo Davisson(Executive Officer, Director)Diana Caldwell(Executive Officer, Director)Andrew D Cothrel(Director)
BoardAndrew Cothrel(Director)Wade Lange(Director)Robert Saunders(Director)
Fishers, US
Robin Fleming(Executive Officer, Director)Sherry Aaholm(Director)Steve Cage(Director)Scott Kraege(Director)
BoardMike Fitzgerald(Director)
APL nextED provides a modular academic operations platform for higher education institutions, covering faculty workload management, compensation, contracts, accreditation, scheduling, and recruiting.
EdTechEnterprise SoftwareSaaS
Software company (Seed+, Exited)
Life science company (Seed+, Exited)
Software company (Pre-Seed, Exited)
HealthtechAnderson, US
Kyle Small(Principal)Morris Long(Principal)Barry Zeman(Principal)
Life science company (Pre-Seed, Exited)
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
McKay Dunn(Director)Amy Brown(Executive Officer, Director)Melanie Bella(Director)
BoardVictor Gutwein(Director)
APL provides real-time reinforcement software that helps leaders strengthen execution capability by improving communication, accountability, and decision-making during moments of organizational change and growth.
Enterprise SoftwareFuture of WorkHR Tech
GamingNew York City, US
William Zinn(Executive Officer)Sharon Zinn(Executive Officer)Grant Zinn(Executive Officer, Director)
Software company (Pre-Seed, Exited)
GamingIndianapolis, US
Biokorf works on 3D Integrated Pharmaceuticals, including particle engineering and cocrystals for drug development.
BiotechDeep Tech
BioThermic Process Controls develops single-use technology for high-fidelity temperature control of precision fermentations, aimed at bioproduct manufacturers.
Advanced ManufacturingBiotechHardware
Indianapolis, US
Bill Kingsley(Director)Thomas J. Willie(Executive Officer, Director)Jeff Pontius(Director)Brad Witter(Executive Officer, Director)Jason Rottenberg(Director)Paul Straub(Director)
Software company (Pre-Seed, Exited)
Bloomington, US
Clyde Hunter Hawley(Executive Officer, Director, Promoter)
Software company (Seed+, Exited)
OfficeRnD provides software for managing flexible workspaces and hybrid offices, including tools for desk and room booking, member management, and workplace operations across web, mobile, and MS Teams.
Future of WorkPropTechSaaS
Software company (Seed+, Exited)
Bloomington, US
Joshua Owens(Executive Officer, Director)Benjamin Motz(Director)
Software company (Seed+, Exited)
Indianapolis, US
Thomas E. Cooper(Executive Officer)Pamela A. Cooper(Executive Officer, Director)Greg Willman(Director)
Browse all 428 investments with full details →
▶228 more tracked companies
LessonlyLifeDriveLokator Pitching AcademyLumatic ImageryLumen BioMagpieMakeMyMoveManweb ServicesMarket WagonMediTrak LifeMembershineMidwest Dollar StoresMili LlamaMiller Co Medical DevicesMimik StudioMirteqMITO Material SolutionsMobile reCellMobileenerlyticsMomentPathMonument BiosciencesMotion SportsMotivating SystemsMotoring LabsMoxie GirlMPB Essential TechnologyMPowerMultiscale Integrated Technology SolutionsmyBiometrymyCOImyTicketsNanoBio DesignsNanovisNature GreensNearwaveNelicommunityNEPHRAWNNĒRx BioSciencesNetCitadelNeuro VigorNeurodonNewton’s Laws of TransportationNice TechnologiesNorth American Cold StorageNovilyticNovosteoOak Security GroupOn Target LaboratoriesONEOQOpeninsightsOpowerOpStart GrowthOutreachOverfuelOwl Manor MedicalOwlmanormedicalPaidPaiperPaperclip FitnessParadiseParadise SpreadsParker TechnologyPauly Jail Building CompanyPawCo FoodsPaxafePay4Me AppPayK12PBTT IncPeak MindPenguin InnovationsPerceivantPeriodicPerpetua TechnologiesPERQ SoftwarePetal SolutionsPharmaPrinterPhicrobePhleboticspi labPillar SoftwarePlan ForwardPlantennasPocket MethodsPowderkegPredictflowPredictive WearPrehensile TechnologiesPresidential PropertiesPrimerProbariProsoliaPURSPECPyleQualifiQuality Environmental ProfessionalsQuantum Research SciencesQuarion TechnologyQueue0QumulexRabbit TractorsRealyncRecovery Force HealthRedPostrel EveRelay SoftwareReproHealth TechnologiesResarci TherapeuticsRespiratoryhealthtechnologiesREVTECH MaterialsRhomeRides2URl DatixRound FourRussell GroomingSalesloftSalesvueScale ComputingSelflesslySemiringSensorHoundSharpen TechnologiesShopScopeShotzrShufflemeSigstrSIMBA 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 LaboratoriesTenanttrackerTessellatedThe InternXThe Juice SoftwareThe Learning AllianceThe New PaperTherapproveTipSwiftTitlewise TechnologiesToolseyToralgenTorchlite TechnologiesTotal MIND CARETotchopTraction AgTraduality Language SolutionsTrava SecurityTrek10Trinity GuardionTrue Essence FoodsUjAMAAUltra AnkleUniBubblesUniform Sierra AerospaceUpperUpper HandValgotechVeoVibenomicsVibronixVice LotteriesVinSensevisitorXVital View TechnologiesVitalswap TechnologiesVsimpleWave TherapeuticsWeb3SenseWebLinkwebsite linkWellfount Corp.WhatfriendsdoWicked SheetsWiistreamWolfe Diversified IndustriesWolfpack ChassisWordSentryWoven TeamsWunderkind Corp.Xponent 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 · 1
IPOs and acquisitions across the tracked portfolioPDS Biotechnology Corp.NASDAQ: PDSB
Portfolio news
latest coverage across their companiesDocket HQ · simplywall.st · Jul 18, 2026
Civic Blockchain-based identity verification · timesofindia.indiatimes.com · Jul 15, 2026
Doxly · aol.com · Jul 15, 2026
Greenlight Guru · cuinsight.com · Jul 15, 2026
Outreach · magistralconsulting.com · Jul 9, 2026
NetCitadel · traded.co · Jul 9, 2026
Upper · westsiderag.com · Jul 7, 2026
Ironclad · prnewswire.com · Jul 1, 2026
Frequently asked questions
- What stage does Elevate Ventures invest at?
- Elevate Ventures invests at the Pre-Seed, Seed, Series A, Series B, Growth 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.
Media · Podcasts & interviews
featuring the teamToph 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
Elevate Ventures with Jacob Schpok
Startup Competitors · Jacob Schpok
Images
Co-investors · 3
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 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.
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.
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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