Nitin Rai
InvestorManaging Partner at Elevate Capital · Board director at MINNOW TECHNOLOGIES, INC. · Board director at Handful
Portland, Oregon Metropolitan Area
Writes $2M – $25M checks · typically $550K
About
A former two-decade healthcare software founder, Nitin Rai brings an operator’s lens on product, sales and capital efficiency, backing underrepresented founders (≈85% women/people of color) with co‑founder‑level, deeply engaged mentorship.
Invests in
BiotechDirect to ConsumerImpact & Social GoodMedical DevicesSaaS
Board director at MINNOW TECHNOLOGIES, INC.
Intro paths
→
In turn, Nitin can intro founders to MINNOW TECHNOLOGIES, INC.'s investors below.
MINNOW TECHNOLOGIES, INC.'s investors · 1
Board director at Handful
Intro paths
→
In turn, Nitin can intro founders to Handful's investors below.
Handful's investors · 2
Co-founders at Handful
JF
Jennifer FergusonExecutive Officer, Director, Promoter
Experience
- PredictionStrikeBoard Observercurrent2023 — present
- theCutBoard Observercurrent2021 — presentWashington, United States
- SkySquadMember Board Of Directorscurrent2022 — presentUnited States
- Time StudyMember Board Of Directorscurrent2021 — presentNew York, New York, United States
- Forest Devices, Inc.Board Observercurrent2021 — presentPittsburgh, Pennsylvania, United States
- MinnowBoard Member and Investorcurrent2017 — presentPortland, Oregon
- Elevate Capital FundManaging Directorcurrent2016 — presentPortland, Oregon Area
- ToolBeltInvestor and Board observercurrent2019 — presentPortland, Oregon Area
- The DyrtBoard Observer and Investorcurrent2018 — presentPortland, Oregon
- Hemex Health, Inc.Investor and Board Observercurrent2017 — presentPortland, Oregon
- Goumi KidsInvestor Board Membercurrent2016 — presentBeaverton, Oregon
- Hue Noir CosmeticsInvestorcurrent2017 — presentBeaverton, Oregon
- Curadite, IncInvestorcurrent2017 — presentBeaverton, Oregon
- BlendoorInvestorcurrent2016 — present
- SheerIDInvestorcurrent2015 — present
- PoachedJobs: Jobs for the food and drink industryInvestorcurrent2015 — present
- Wildfang.comInvestorcurrent2015 — present
- First Insight CorporationPresident and CEOcurrent1994 — presentHillsboro Oregon
- BrandliveMember Board of Directorscurrent2023 — presentPortland, Oregon Metropolitan Area
- PaerpayMember Board Of Directors2021 — 2025Boston, Massachusetts, United States
- HacWareMember Of The Board Of Directors2022 — 2024Brooklyn, New York, United States
- Micro Enterprise Services of OregonBoard Member2020 — 2024Portland, Oregon Metropolitan Area
- HOLO FootwearMember Board of Directors2022 — 2023
- TiEPresident, Board Member and Chair TiE Angels Oregon2020 — 2023Portland, Oregon
- ChoixMember Board Of Directors2022 — 2023San Francisco, California, United States
- GrowthPlugBoard member and Investor2019 — 2022Beaverton, Oregon
- ChirpifyBoard Observer2012 — 2022Portland, Oregon Area
- Hubb - part of NotifiedBoard Member2016 — 2021Vancouver WA
- HandfulInvestor2017 — 2019Portland, Oregon Area
- TiE GlobalChair Board of Directors2016 — 2019
- GARDEN BAR by EvergreensInvestor2017 — 2019Portland, Oregon
- Scout Military DiscountsBoard Member2016 — 2018
- EdCaliberBoard Member2013 — 2018
- RFPIO Inc.Investor and Board Member2016 — 2018Beaverton, Oregon
- ITAIreInvestor and Board Member2016 — 2018Portland, Oregon Area
- CloudEngageBoard Member2015 — 2018Portland, Oregon
- ZapprovedInvestor2010 — 2017Portland, Oregon
- MobileRQBoard Member2014 — 2016
- GlobeSherpa, IncBoard Member2012 — 2015portland, oregon area
- Mentor GraphicsSenior Software Engineer1989 — 1993
Skills & more
Strategy66Management41Strategic Planning18Leadership20Enterprise Software23SaaS11Software as a Service (SaaS)7Start-ups99Entrepreneurship99Strategic Partnerships99Venture Capital48Business Development43
+12 more
Angel InvestingCloud ComputingGo-to-market StrategyMobile DevicesProduct DevelopmentE-commerceMobile ApplicationsCustomer Value PropositionCustomer ValidationMarketing StrategyProduct MarketingProduct LaunchFrom Nitin's professional profile.
Deals · 2
Wild Technology, Inc.Board seat
via Elevate Capital · filed Apr 2018 · $75K raise
HandfulBoard seat
via Elevate Capital · filed Jan 2018 · $1.7M raise
Attribution from SEC filings, press coverage, and firm rosters.
Colleagues at Elevate Capital
Allie Persitz
Operating Partner at Elevate Capital
Annu Navani
Venture Partner at Elevate Capital
Anu Shukla
Venture Partner at Elevate Capital
Barbara Johnson
Executive Assistant at Elevate Capital
Ben Nahir
Partner at Elevate Capital
Chris Bright
Executive Partner at Elevate Capital
Dipty Desai
Venture Partner at Elevate Capital
Donn Dimond
Limited Partner at Elevate Capital
Frequently asked questions
- Who is Nitin Rai?
- A former two-decade healthcare software founder, Nitin Rai brings an operator’s lens on product, sales and capital efficiency, backing underrepresented founders (≈85% women/people of color) with co‑founder‑level, deeply engaged mentorship.
- Where does Nitin Rai work?
- Nitin Rai is Managing Partner at Elevate Capital and Board director at MINNOW TECHNOLOGIES, INC. and Board director at Handful.
- What does Nitin Rai invest in?
- Nitin Rai invests in Biotech, Direct to Consumer, Impact & Social Good, Medical Devices, SaaS.
- What check size does Nitin Rai write?
- Nitin Rai typically writes checks of $2M – $25M.
- What boards does Nitin Rai sit on?
- Nitin Rai holds tracked board seats at Handful, Wild Technology, Inc..
- Where did Nitin Rai go to school?
- Nitin Rai studied at Dalhousie University Halifax Canada (BSc, Computer Science); St Joseph's Convent.
