Investor profile
Elevate Ventures
See how your deck fits this investor's thesis, stage, and ticket size.
Analyse your fitInvestment thesis
Elevate Ventures is the #1 most active early-stage venture capital firm in the Great Lakes Region and top 10 in the United States, investing in high-potential, cross-sector innovation companies with a minimum $500M total addressable market. Founded in 2011 as a spin-out from the Indiana Economic Development Corporation, the firm partners with innovation-driven founders at the pre-seed, seed, and Series A stages — providing not just capital but strategic mentorship, ecosystem access, and post-investment support through its Elevate+ platform. Elevate believes the best founders exhibit grit, creativity, and coachability, and it champions innovation wherever it takes root across Indiana's diverse landscape, from urban centers to rural communities, with a vision of making Indiana the 'Innovation Capital of the World®.'
Notable quotes
“Pursue your wildest dreams, keep putting one foot in front of the other, believe in yourself, manage by fact, build bridges, invest in relationships and take every 'no' as one step closer to a 'yes'.”
“My goal is to ensure Elevate Ventures supports founders in their pursuit of solving national and global problems.”
“Today's launch of Indiana's first Growth Stage fund adds to an already powerful toolkit putting the world's capital to work.”
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Authenticx | Series B | $20m | 2023-01-01 |
| Springbuk | Series B | $17m | 2019-01-01 |
| Sharpen Technologies | Seed | — | — |
| Greenlight Guru | Seed | — | — |
| Zylo | Series C | $32m | 2022-11-01 |
| Your Money Line | Series A | $5m | 2024-08-01 |
| AfterSchool HQ | Seed | — | — |
| Trava | Seed | $5m | 2022-01-01 |
| Scale Computing | Series F | — | 2020-12-10 |
| Vibenomics | Seed | $5m | 2019-10-01 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| High Alpha | 12 |
| Allos Ventures | 10 |
| M25 | 7 |
| Signal Peak Ventures | 4 |
| Drive Capital | 3 |
| Mercury Fund | 3 |
Fit check
Is Elevate Ventures a match for your startup?
Upload your deck and get an instant AI-powered fit analysis — see exactly how your startup aligns with this investor's thesis, stage focus, and ticket size.
Analyse your fit