# Elevate: portfolio, investments and team

> Elevate is a private equity. 7 investments on record, latest Mar 2019. Portfolio, stages, co-investors and team.

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

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

# Elevate

Filed with the SEC to raise a fund in Jan 2024, closing $14M. Last cheque observed Mar 2019.

Quiet New fund $14M, Jan 2024 Private equity

Seed Series A Series B Asset Management Fintech Impact Investing

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 7 on record

Since the last cheque **2785** days **00** hrs **00** min **00** sec

Median round **$3.5M** Rounds led **0 of 7** Mostly in **United States, 100%**

Pitch Elevate

## Elevate highlights

- 01 7 rounds on record
- 02 Mostly Seed and Series A: 75% of its rounds

## What they do

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Asset Management Fintech Impact Investing
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2019** 1 round
- **Mar** **[Sharpen Technologies](https://millionrounds.com/company/sharpen-technologies)** US · FinSMEs **$15M** With 6 others
- **2018** 5 rounds
- **Oct** **[Pattern89](https://millionrounds.com/company/pattern89)** US · FinSMEs **$3.5M** With 4 others
- **May** **[Scioto](https://millionrounds.com/company/scioto)** Series A · US · FinSMEs **$1.8M** With 2 others
- **May** **[tend.ly](https://millionrounds.com/company/tend-ly)** Seed · US · FinSMEs **$1.0M** With 4 others
- **Mar** **[Lumavate](https://millionrounds.com/company/lumavate)** Seed · US · FinSMEs **$2.5M** With 5 others
- **Jan** **[Springbuk](https://millionrounds.com/company/springbuk)** Series B · US · FinSMEs **$20M** With 2 others
- **2017** 1 round
- **Jan** **[Blue Pillar](https://millionrounds.com/company/blue-pillar)** US · FinSMEs **$10M** With 3 others

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 **6 named**

AA **Alejandro Arellano** Managing Member i Filing they signed

JS **Jared Sturdivant** Managing Member i Filing they signed

JK **Justin King** President i Filing they signed

SR **Shane R Fleury** Executive Officer i Filing they signed

TL **Todd L Brockwell** Managing Member i Filing they signed

WL **WIlliam Libby** 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.

Funds they back

## 1 fund commitment on record

- **Managers:** 1

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news.

Managers it backs most

- [Movac 1 fund](https://millionrounds.com/fund/movac)

Most recent commitments

- [Movac Movac Emerge Fund 4](https://millionrounds.com/fund/movac)

## Companies it bought

Acquisitions by the firm itself

**Zipadi** **Undisclosed** Aug 2011

New fund on file

**$14M**

raised in Jan 2024

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

## The cheque

Seed Series A Series B

Median round joined **$3.5M** the round, not its cheque

Led 0 of 7 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Mar 2019

Rounds by stage said on their site

- Seed *2*
- Series A *1*
- Series B *1*

Cheques by year Led Joined

2017 2019

Often in the room with

- [Allos Ventures](https://millionrounds.com/fund/allos-ventures) 2
- [Collina](https://millionrounds.com/fund/collina) 2

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## Who they invest alongside

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

[**Allos Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/allos-ventures)[**Collina** VC firm **2** rounds together](https://millionrounds.com/fund/collina)

## Recently backed

The latest companies Elevate put money into.

[**tend.ly** $1.0M · May 2018](https://millionrounds.com/company/tend-ly)[**Springbuk** $20M · Jan 2018](https://millionrounds.com/company/springbuk)[**Blue Pillar** $10M · Jan 2017](https://millionrounds.com/company/blue-pillar)

## Quick answers about Elevate

### What does Elevate invest in?

Elevate invests most often at Seed and Series A (75% of the rounds on record), in sectors such as Asset Management, Fintech and Impact Investing.

### How active is Elevate?

7 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2019.

### What has Elevate invested in recently?

Its most recent investments on record: Sharpen Technologies (Undisclosed round, Mar 2019), Pattern89 (Undisclosed round, Oct 2018) and Scioto (Series A, May 2018).

### How big are Elevate's cheques?

The median round it joins is $3.5M.

### Does Elevate lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does Elevate invest?

Most of the companies it backs are in the United States (100%).

### Is Elevate investing now?

No investments in the last 12 months; the latest was in Mar 2019.

### Who does Elevate invest alongside?

Most often Allos Ventures (2 rounds together) and Collina (2 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) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=elevate)
