# Elevate funding: rounds and investors

> Elevate has raised $127M across 6 rounds since 2011. Investors include Y Combinator, Norwest Venture Partners and Greycroft. Every round with its source.

Source: https://millionrounds.com/company/elevate (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Elevate*

6 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Cybersecurity

Funding summary Updated 26 Oct 2026

**$127M** raised across 6 rounds since 2011, from 6 sources

**$500K** Seed **$70M** Debt **$8.0M** Series A **$20M** Debt **$20M** Venture **$8.0M** Venture

- **Latest round:** Venture, $8.0M Mar 2025
- **Biggest round:** $70M Debt · Sept 2015
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021 2023 2025

**$500K** Seed

**$70M** Debt

**$8.0M** Series A

**$20M** Debt

**$20M** Venture

**$8.0M** Venture

- **First round:** Seed, $500K
- **Biggest round:** $70M
- **Usual gap between rounds:** 3.4 years

## The rounds

- **Mar 2025** Venture **$8.0M** *1 new* *3 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Greycroft](https://millionrounds.com/fund/greycroft) [Bowery Capital](https://millionrounds.com/fund/bowery-capital) Source recorded SEC filing: $252K sold, first sale Dec 2023
- **Oct 2024** Venture **$20M** *5 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Greycroft](https://millionrounds.com/fund/greycroft) [Anthemis](https://millionrounds.com/fund/anthemis-group) [Fin Capital](https://millionrounds.com/fund/fin-capital) Source recorded SEC filing: $252K sold, first sale Dec 2023
- **Jul 2024** Debt **$20M** *1 new* [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Source recorded
- **Feb 2019** Series A **$8.0M** *1 new* Defy Partners/ Costanoa Reported by FinSMEs SEC filing: $250K sold, first sale May 2019
- **Sept 2015** Debt **$70M** *1 new* [Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) From a historical funding record
- **Dec 2011** Seed **$500K** No investor was named in the report. Reported by sec.gov SEC filing: $500K sold, first sale Nov 2011

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2011 **Debt** 2015 **Series A** 2019 **Debt** 2024 **Venture** 2024 **Venture** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Greycroft](https://millionrounds.com/fund/greycroft) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) [Anthemis](https://millionrounds.com/fund/anthemis-group) [Fin Capital](https://millionrounds.com/fund/fin-capital) [Bowery Capital](https://millionrounds.com/fund/bowery-capital) [Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Defy Partners/ Costanoa

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **2** rounds

[Greycroft](https://millionrounds.com/fund/greycroft) VC firm **2** rounds

[Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round

[Anthemis](https://millionrounds.com/fund/anthemis-group) VC firm **1** round

[Fin Capital](https://millionrounds.com/fund/fin-capital) Private equity **1** round

[Bowery Capital](https://millionrounds.com/fund/bowery-capital) VC firm **1** round

[Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Private equity **1** round

Defy Partners/ Costanoa no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=elevate).

## Also claim to have backed them

This firm lists Elevate as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Flucas Ventures](https://millionrounds.com/fund/flucas-ventures) Angel network Per its own site

## Quick answers about Elevate

### Who invested in Elevate?

Elevate's investors include Y Combinator, Norwest Venture Partners, Greycroft, Morgan Stanley Investment Management and Anthemis, and 4 more on record.

### How much has Elevate raised?

Elevate has raised $127M across 6 rounds since 2011.

### When did Elevate last raise?

Elevate's most recent round was a Venture of $8.0M in Mar 2025.

### What was Elevate's biggest round?

Elevate's largest round on record is $70M (Debt), in Sept 2015.

### Who backed Elevate first?

Elevate's first round on record, in Sept 2015, was backed by Victory Park Capital Advisors.

### What stage is Elevate at?

Elevate's latest named round is a Venture, in Mar 2025.

### Where is Elevate based?

Elevate is based in the United States.

## Companies like Elevate

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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