# Elevate Capital: portfolio, investments and team

> Elevate Capital is a private equity based in Peru. 41 investments on record, 8 in the last 12 months, latest Sept 2026.

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

Peru · [Investor](https://millionrounds.com/investors)

# Elevate Capital

Last cheque observed Sep 2026; 41 cheques on record.

Deploying now New fund, Nov 2025 Private equity Website unconfirmed

Growth Buyout Accounting Firms

Deploying now

**89%** of best year **8** **cheques in 12 months**, 41 on record

Since the last cheque **55** days **00** hrs **00** min **00** sec

Median round **$1.8M** Rounds led **0 of 41** Sole investor **9 rounds** Mostly in **United States, 89%**

Pitch Elevate Capital

## Elevate Capital highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Seed and Venture: 73% of its rounds
- 03 Sole investor in 9 rounds, median $250K

## What they do

- **Type:** Private equity
- **Cheque size:** Not stated
- **Stages:** Growth Buyout
- **Sectors:** Accounting Firms
- **Based in:** Peru
- **Cold pitches:** Accepted

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=elevate-capital).

## The record

Every round we can evidence, newest first **41 appearances**

- **2026** 8 rounds
- **Sept** **[Rapta](https://millionrounds.com/company/rapta)** Venture · US **$8.0M** With 2 others
- **Jul** **[MedZERO](https://millionrounds.com/company/medzero)** Venture · US **$8.7M** With 3 others
- **May** **[Phosio Corporation](https://millionrounds.com/company/phosio-corporation)** Seed · US **$4.0M** With 1 other
- **Jan** **[PortalSphere](https://millionrounds.com/company/portalsphere)** Seed · US **$250K** Sole investor
- **Jan** **[StrateSea Technology](https://millionrounds.com/company/stratesea-technology)** Venture · US **Undisclosed** With 1 other
- **Jan** **[CleanHaus](https://millionrounds.com/company/cleanhaus)** Seed · US **$250K** Sole investor
- **Jan** **[Overwatch Imaging](https://millionrounds.com/company/overwatch-imaging)** Venture · US **$500K** With 3 others
- **Jan** **[Osheru](https://millionrounds.com/company/osheru)** Seed · US **$250K** Sole investor
- **2025** 4 rounds
- **Oct** **[Phosio Corporation](https://millionrounds.com/company/phosio-corporation)** Seed · US **$300K** With 1 other
- **Jun** **[Rock Paper Coin](https://millionrounds.com/company/rock-paper-coin)** Venture · US **$5.1M** With 5 others
- **Mar** **[Biomotum](https://millionrounds.com/company/biomotum)** Seed · US **$290K** With 1 other
- **Mar** **[Bacon](https://millionrounds.com/company/bacon)** Seed · US **$594K** With 1 other
- **2024** 7 rounds
- **Nov** **[Shyft Power Solutions](https://millionrounds.com/company/shyft-power-solutions)** NG · Disrupt Africa **Undisclosed** With 9 others
- **Aug** **[Photon](https://millionrounds.com/company/photon)** Seed · US **$9.0M** With 7 others
- **Jun** **[HacWare](https://millionrounds.com/company/hacware)** Grant · US **$150K** With 2 others
- **Jun** **[Paerpay](https://millionrounds.com/company/paerpay)** Venture · US **$700K** With 5 others
- **Apr** **[Time Study](https://millionrounds.com/company/time-study)** Series A · US **$3.0M** With 2 others
- **Mar** **[Minnow Technologies](https://millionrounds.com/company/minnow-technologies)** Venture · US **$2.7M** With 4 others
- **Jan** **[JourneyTrack](https://millionrounds.com/company/journeytrack)** Seed · US **$500K** With 1 other
- **2023** 7 rounds
- **Dec** **[ToolBelt](https://millionrounds.com/company/toolbelt)** Venture · US **$3.2M** With 4 others
- **Aug** **[CarpeDM](https://millionrounds.com/company/carpedm)** Venture · US **Undisclosed** With 2 others
- **Aug** **[Rewire AI](https://millionrounds.com/company/rewire-ai)** Seed · US **$276K** Sole investor
- **Jun** **[PredictionStrike](https://millionrounds.com/company/predictionstrike)** Series A · US **$10M** With 3 others
- **May** **[Loopie](https://millionrounds.com/company/loopie)** Venture · US **$481K** With 1 other
- **Mar** **[Hemex Health](https://millionrounds.com/company/hemex-health)** Grant · US **$3.0M** With 3 others
- **Mar** **[VITAL](https://millionrounds.com/company/vital)** Series B · CA **$25M** With 7 others
- **2022** 5 rounds
- **Dec** **[Choix](https://millionrounds.com/company/choix)** Crowdfunding · US **$135K** Sole investor
- **Oct** **[Obatala Sciences](https://millionrounds.com/company/obatala-sciences)** Series A · US **$3.0M** With 1 other
- **Sept** **[TrovaTrip](https://millionrounds.com/company/trovatrip)** Series A · US **$15M** With 4 others
- **Jun** **[SkySquad](https://millionrounds.com/company/skysquad)** Seed · US **$1.0M** With 1 other
- **Jan** **[Bullfinch](https://millionrounds.com/company/bullfinch)** Seed · DE **$5.5M** Sole investor
- **2021** 2 rounds
- **Dec** **[Revry, Inc.](https://millionrounds.com/company/revry-inc)** Seed · US **$4.8M** With 5 others
- **May** **[The Wild](https://millionrounds.com/company/the-wild)** Venture **$2.0M** With 2 others
- **2020** 1 round
- **Apr** **[Vectorly](https://millionrounds.com/company/vectorly)** Pre-seed **$150K** With 3 others
- **2019** 3 rounds
- **Dec** **[GrowthPlug](https://millionrounds.com/company/growthplug)** Seed · US · FinSMEs **$1.0M** With 1 other
- **Oct** **[Nerd Street Gamers](https://millionrounds.com/company/nerd-street-gamers)** Series A · US · FinSMEs **$12M** With 4 others
- **Mar** **[Talkoot](https://millionrounds.com/company/talkoot)** Seed · US · FinSMEs **$1.6M** With 4 others
- **2018** 3 rounds
- **Oct** **[hubb](https://millionrounds.com/company/hubb)** Series B · US · FinSMEs **$6.3M** With 5 others
- **Jul** **[Responsive](https://millionrounds.com/company/responsive)** Series A · CA **$25M** Sole investor
- **Jan** **[SCOUT Military Discounts](https://millionrounds.com/company/scout-military-discounts)** **$25K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

NR **Nitin Rai** Managing Director i Filing they signed

We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

New fund on file

**Raised**

a new fund in Nov 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Growth Buyout

Median round joined **$1.8M** the round, not its cheque Alone, median **$250K**

Led 0 of 41 rounds **0%**

- **Sole investor:** 9 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed *16*
- Venture *11*
- Series A *6*
- Grant *2*
- Series B *2*
- Growth said *-*
- Buyout said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Portland Seed Fund](https://millionrounds.com/fund/portland-seed-fund) 9
- [Cascade Seed Fund](https://millionrounds.com/fund/cascade-seed-fund) 4
- [Gaingels](https://millionrounds.com/fund/gaingels) 4
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) 4
- [Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) 3
- [Techstars](https://millionrounds.com/fund/techstars) 3

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## Who they invest alongside

The investors most often in the same rounds as Elevate Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Portland Seed Fund** VC firm **9** rounds together](https://millionrounds.com/fund/portland-seed-fund)[**Cascade Seed Fund** VC firm **4** rounds together](https://millionrounds.com/fund/cascade-seed-fund)[**Gaingels** Private equity **4** rounds together](https://millionrounds.com/fund/gaingels)[**National Science Foundation** Government **4** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**Oregon Venture Fund** VC firm **3** rounds together](https://millionrounds.com/fund/oregon-venture-fund)[**Techstars** VC firm **3** rounds together](https://millionrounds.com/fund/techstars)[**B Capital** VC firm **2** rounds together](https://millionrounds.com/fund/b-capital)[**Collab Capital** VC firm **2** rounds together](https://millionrounds.com/fund/collab)[**DeepWork Capital** VC firm **2** rounds together](https://millionrounds.com/fund/deepwork-capital)[**Everywhere Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/everywhere-ventures)[**Hearst Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/hearst-ventures)[**Nvp Capital** VC firm **2** rounds together](https://millionrounds.com/fund/nvp-capital)

## Recently backed

The latest companies Elevate Capital put money into.

[**Phosio Corporation** $4.0M · May 2026](https://millionrounds.com/company/phosio-corporation)[**PortalSphere** $250K · Jan 2026](https://millionrounds.com/company/portalsphere)[**CleanHaus** $250K · Jan 2026](https://millionrounds.com/company/cleanhaus)[**Overwatch Imaging** $500K · Jan 2026](https://millionrounds.com/company/overwatch-imaging)[**Rock Paper Coin** $5.1M · Jun 2025](https://millionrounds.com/company/rock-paper-coin)[**Bacon** $594K · Mar 2025](https://millionrounds.com/company/bacon)

## Quick answers about Elevate Capital

### What does Elevate Capital invest in?

Elevate Capital invests most often at Seed and Venture (73% of the rounds on record), in sectors such as Accounting Firms.

### How active is Elevate Capital?

41 investments on record, 8 of them in the last 12 months. The most recent was in Sept 2026.

### What has Elevate Capital invested in recently?

Its most recent investments on record: Rapta (Venture, Sept 2026), MedZERO (Venture, Jul 2026) and Phosio Corporation (Seed, May 2026).

### How big are Elevate Capital's cheques?

The median round it joins is $1.8M.

### Does Elevate Capital lead rounds?

Rarely, if at all: none of its 41 investments on record names it as the lead.

### Where does Elevate Capital invest?

Most of the companies it backs are in the United States (89%) and Canada (5%).

### Is Elevate Capital investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Elevate Capital invest alongside?

Most often Portland Seed Fund (9 rounds together), Cascade Seed Fund (4 rounds together) and Gaingels (4 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=elevate-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=elevate-capital)
