Nitin Rai
InvestorManaging Partner at Elevate Capital
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.
Nitin Rai @nitinrrai
When building StrateSea, co-founders Victoria Price-Doucet and Maurice Doucet realized that the maritime industry didn't need just another "magic" AI tool. They needed an intelligent partner that offered transparency, evidence, and control. “Our real differentiation comes from https://t.co/nUUbX0Qags
Jul 14, 2026 · ♥ 4
Nitin Rai @nitinrrai
Our July Elevate Capital @pdxelevatevc newsletter is out. Here's a look at what's inside: 🔹 Highlights from our 10th Annual Investor Meeting and pivot toward Agentic AI 🔹 Founder Spotlight: The incredible team at StrateSea Technology 🔹 News from our portfolio companies and https://t.co/jJ5pBb7JtA
Jul 9, 2026 · ♥ 2
Nitin Rai @nitinrrai
As Elevate Capital @pdxelevatevc continues to grow and deepen its support for founders, we’re committed to building a team that brings exceptional expertise, diverse perspectives, and a passion for operational excellence. Meet Vageesh JHA, Associate, Fund Operations & https://t.co/RNB4f1bQPV
Jul 6, 2026 · ♥ 3
Invests in
BiotechDirect to ConsumerImpact & Social GoodMedical DevicesSaaS
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
Education
- Dalhousie University Halifax CanadaBSc, Computer Science1984 — 1988
- St Joseph's Convent1975 — 1981
Skills & more
+12 more
Angel InvestingCloud ComputingGo-to-market StrategyMobile DevicesProduct DevelopmentE-commerceMobile ApplicationsCustomer Value PropositionCustomer ValidationMarketing StrategyProduct MarketingProduct LaunchFrom Nitin's professional profile.
Shared employers
Also worked at Time Study3
Also worked at RFPIO Inc.1
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.
