Elefund

Elefund, established in 2013 and based in New York, is a value-oriented private equity firm that specializes in early-stage investments. The firm targets consumer-facing services and technology companies throughout the United States, employing a theory-driven approach to identify promising opportunities. By focusing on businesses that demonstrate potential for significant growth, Elefund aims to support innovative ventures that cater to evolving consumer needs.

Arik Crissi

Principal

Serik Kaldykulov

Founder/Managing Partner

David Mavashev

General Partner

Nathan Rodland

General Partner

33 past transactions

Curacel

Seed Round in 2023
Curacel is building the largest healthcare data platform in Africa. We deliver productivity tools and IT infrastructure to healthcare stakeholders across the continent, empowering them to digitize business processes, connect with stakeholders across the spectrum, and make decisions based on data that is otherwise unavailable. Curacel’s vision is to build a connected healthcare ecosystem for low income economies, to optimize the use of scarce resources, improve patient outcomes, and inform research, policy-making and public health in Africa with 360 degree data for the first time.

Quotabook

Series A in 2022
Quotabook is a company that specializes in equity management.

CropSafe

Seed Round in 2022
A simple online platform utilizing satellite imagery to accurately detect and predict impending diseases within your crops, providing relief solutions directly to the landowner.

SportsIcon

Seed Round in 2021
SportsIcon lets users connect with sportspeople through NFT’s and masterclasses.

Able

Seed Round in 2021
Able is a mobile application focused on income and tax management, providing users with a platform to effectively manage their finances. The app offers personalized recommendations tailored to each user's income situation, enhancing financial decision-making. It emphasizes user privacy by employing decentralized, end-to-end encryption to protect sensitive data, ensuring that users can address their financial challenges without compromising their privacy. Through its innovative approach, Able aims to simplify the complexities of financial management for its clients.

Admix.in

Series B in 2021
Admix is a monetisation platform for game developers enabling non-intrusive, programmatic product placements within their content. Admix is the first fully programmatic platform for everything from immersive technologies to mobile games, selling their inventory to popular demand side platforms and giving millions of advertisers the ability to buy game media in a couple of clicks.

Quotabook

Venture Round in 2021
Quotabook is a company that specializes in equity management.

Talos

Series A in 2021
Talos Trading, Inc. is a technology provider focused on the institutional trading of digital assets, facilitating a comprehensive trading lifecycle that includes pre-trade price discovery, order routing, execution, and settlement. Founded in 2018 and based in New York, the company offers a platform that connects various participants in the crypto ecosystem, including institutional investors, prime brokers, exchanges, OTC desks, lenders, and custodians. This infrastructure enables clients to efficiently execute, analyze, and settle trades across spot, futures, and foreign exchange markets. Talos Trading's solutions support real-time price streaming, portfolio accounting, and liquidity access, catering to the needs of its diverse clientele in the rapidly evolving digital asset market.

Salty.

Venture Round in 2021
Salty. is a hyper-growth insurance technology company that offers a platform for insurance. Its embedded insurance offers peace of mind that clients get the right personalized coverage they need, right when they need it most. Salty makes the insurance process simple and transparent. Their custom, real-time quotes lower the risk of life’s most important and sometimes stressful decisions. Mona Eliassen and James Hall established the company in Salt Lake City, Utah in 2019.

Pie Insurance

Series C in 2021
Pie Insurance Holdings Inc. provides online workers compensation insurance services for business owners. The company provides insurance against illness or injury, disability, and death. Pie Insurance Holdings Inc. also offers a price predictor which provides risk profile and price estimate to users. The company was founded in 2017 and is based in Washington, District Of Columbia.

Salty.

Venture Round in 2020
Salty. is a hyper-growth insurance technology company that offers a platform for insurance. Its embedded insurance offers peace of mind that clients get the right personalized coverage they need, right when they need it most. Salty makes the insurance process simple and transparent. Their custom, real-time quotes lower the risk of life’s most important and sometimes stressful decisions. Mona Eliassen and James Hall established the company in Salt Lake City, Utah in 2019.

Branch

Series A in 2020
Branch Financial, Inc. is an insurance agency based in Columbus, Ohio, founded in 2017 by Steve Lekas and Joe Emison. The company specializes in home and auto insurance, offering a range of products including renters and umbrella insurance, which can be added to auto policies. Utilizing advanced technology, Branch streamlines the process of bundling home and auto insurance online, aiming to enhance accessibility and affordability for its customers. By leveraging community resources, Branch seeks to transform the insurance landscape, making it easier for individuals to obtain necessary coverage.

Pie Insurance

Series B in 2020
Pie Insurance Holdings Inc. provides online workers compensation insurance services for business owners. The company provides insurance against illness or injury, disability, and death. Pie Insurance Holdings Inc. also offers a price predictor which provides risk profile and price estimate to users. The company was founded in 2017 and is based in Washington, District Of Columbia.

TAGS

Seed Round in 2020
The future of commerce is everywhere.

GreenPark Sports

Seed Round in 2019
GreenPark Sports, Inc. is a company that develops and operates an online gaming platform designed for sports and esports fans. Founded in 2018 and headquartered in Burlingame, California, the company specializes in creating digital experiences and games that engage fans with their favorite sports, teams, and athletes. Its flagship offering is a free-to-play mobile game that allows users to compete in real-time during sporting events, aiming to establish themselves as the "Best Fans" of their respective leagues and seasons. Through its innovative approach, GreenPark Sports provides fans with an interactive and immersive gaming experience that enhances their connection to the sports they love.

Loóna

Seed Round in 2019
Loóna is a mixture of color therapy, sound ambiance, and storytelling that helps to let go of daily fuss and get a better night’s rest. It offers a new way that lets quickly disconnect from a long stressful day and get in the right mood for sleep. It was founded in 2019 and is headquartered in Menlo Park, California.

FIDEL API

Series A in 2019
Fidel Limited engages in developing application program interface (API) platform that connects developers to marketing services. The company develops card-linked API, which allows developers and retailers to create apps and connect banking cards with reward services. It manages all heavy lifting in the background and transactional data securely accessible through a single access point so that developer can create web and mobile applications using real-time payment data. The company was founded in 2012 and is based in London, United Kingdom.

Secfi

Series A in 2019
Secfi, Inc. is a company that specializes in pre-wealth advisory solutions, focusing on equity planning and financing for startup employees and founders. Founded in 2017 and headquartered in San Francisco, with an additional office in Amsterdam, Secfi offers tools and resources designed to help private company shareholders make informed financial decisions regarding their equity from the offer stage to an initial public offering. The company provides options exercise and shareholder financing solutions, along with educational resources and guidance from licensed equity strategists. By simplifying the complexities of equity compensation, Secfi aims to empower employees to better understand their financial options and concentrate on their passions.

Pie Insurance

Series B in 2019
Pie Insurance Holdings Inc. provides online workers compensation insurance services for business owners. The company provides insurance against illness or injury, disability, and death. Pie Insurance Holdings Inc. also offers a price predictor which provides risk profile and price estimate to users. The company was founded in 2017 and is based in Washington, District Of Columbia.

Nimbella

Seed Round in 2018
Nimbella Corp. is a technology company based in Santa Clara, California, founded in 2018. The company specializes in developing a cloud-based platform and software aimed at helping developers build applications more efficiently. Nimbella addresses the current limitations in serverless computing by providing essential abstractions, automation, and integrations necessary for broader technology adoption across various markets and application domains. Its platform is specifically designed to support event-based applications, long-running tasks, and stateful workloads, while also accommodating complex use cases that involve artificial intelligence and machine learning. By unifying the programming experience around serverless architecture, Nimbella delivers a comprehensive solution that operates seamlessly across multiple cloud environments.

RADAR

Series A in 2018
RADAR, established in 2017 and located in Fort Collins, Colorado, specializes in developing advanced analysis software and next-generation cryptocurrency exchange technology. The company utilizes blockchain and the 0x protocol to facilitate the trading of Ethereum-based tokens directly from Web3 or hardware wallets. This innovative approach enhances trading efficiency and security for users in the cryptocurrency market.

Pie Insurance

Series A in 2018
Pie Insurance Holdings Inc. provides online workers compensation insurance services for business owners. The company provides insurance against illness or injury, disability, and death. Pie Insurance Holdings Inc. also offers a price predictor which provides risk profile and price estimate to users. The company was founded in 2017 and is based in Washington, District Of Columbia.

Calm

Series A in 2018
Calm offers an application designed to help its users meditate and relax. The company is driven by a mission to make the world happier and healthier by developing a range of digital and physical products that enhance mental fitness and alleviate some of the most important mental health issues of the modern age including anxiety, depression, insomnia, and stress. Calm was named by Apple as the 2017 iPhone App of the Year and by Google Play as an Editors’ Choice in 2018. The company was founded in 2012 and is headquartered in San Francisco, California.

Fleet

Series A in 2018
Previously known as Shipstr, Fleet is efficiently streamlining the commercial shipping industry through a cloud-based platform. Fleet provides a cloud-based platform that businesses can use to book transportation for international freight. Fleet is the first platform to address the needs of shippers moving commercial freight overseas. Fleet provides instant quotes, improved decision making by showing provider lead times, ratings and reliability, direct access to all of the service providers, and a team room to communicate directly with service providers for status and view shipping documents.

Pie Insurance

Seed Round in 2017
Pie Insurance Holdings Inc. provides online workers compensation insurance services for business owners. The company provides insurance against illness or injury, disability, and death. Pie Insurance Holdings Inc. also offers a price predictor which provides risk profile and price estimate to users. The company was founded in 2017 and is based in Washington, District Of Columbia.

Landed

Seed Round in 2016
Landed, Inc. is a financial services company based in San Francisco that assists essential professionals, particularly in education and healthcare, in purchasing homes and achieving financial stability within their communities. Founded in 2015, Landed provides debt-free financing options, allowing homebuyers to receive funds in exchange for a share of their home's value upon refinancing or selling. The company collaborates with schools, employers, and affinity networks to establish and manage down payment support funds, facilitating access to homeownership for teachers, school staff, and other professionals. Additionally, Landed offers personalized support through a dedicated team, including partner agents and homebuying experts, to help clients navigate their home-buying options and provide education on the process.

WorkRamp

Seed Round in 2016
WorkRamp, Inc. develops a software for enterprises to onboard, train, and certify their employees. It offers WorkRamp, a software that provides templates that are used as starting point for the training needs. The company’s software also enables managers, mentors, and buddies to collaborate in real-time; and used to implement, track, and manage the training program. In addition, its solutions are used for onboarding programs, ongoing training, and certify the team members. WorkRamp, Inc. was formerly known as Bulletin Board IO, Inc. and changed its name to WorkRamp, Inc. in November 2015. The company was founded in 2015 and is based in San Carlos, California.

CommonStock

Seed Round in 2016
CommonStock is an online platform that facilitates collaborative investing and trading among users, allowing them to engage with friends, family, classmates, or colleagues. Founded in 2016 and based in San Francisco, the platform enables users to link their brokerage accounts, share investment holdings, and receive real-time alerts about trading activities. Users can copy each other's trades, invest together in varying amounts, and compete to track performance, fostering a community-driven approach to investment decision-making. CommonStock's services are accessible for free on the web and through an iPhone application, with plans for an Android version in development.

Coin

Series A in 2014
Coin is a San Francisco-based company that specializes in providing a smart payment device designed to consolidate multiple payment cards into a single, convenient format. Its flagship product, Coin 2.0, is an electronic device that stores various card information, including debit, credit, gift, loyalty, and membership cards, allowing users to make purchases using magnetic stripe or NFC tap-to-pay technology. Coin also offers a Developer Program in collaboration with major payment networks, enabling manufacturers of wearable devices, such as fitness trackers and smartwatches, to integrate secure payment capabilities. Founded in 2012, Coin focuses on delivering a user-friendly and secure payment solution that enhances the payment experience through innovative technology.

Beyond Games

Convertible Note in 2013
Beyond Games is a San Francisco based team of world class artists, designers, and engineers with a passion for production quality, attention to detail, and designs that favor collaborative goals, shared spaces, massively concurrent systems, and strategic depth.

Careport

Seed Round in 2013
CarePort Health, LLC specializes in care coordination software solutions designed to facilitate patient transitions between different healthcare settings. The company offers a suite of products including CarePort Guide, which aids in selecting post-acute providers; CarePort Connect, which enables real-time management of patients across various care settings; and CarePort Insight, which assesses patient outcomes and provider performance metrics. Additionally, CarePort provides tools such as CarePort Transition and Transition Extender to streamline referrals and enhance communication within electronic health records. The platform serves a diverse clientele, including health systems, accountable care organizations, and both acute and post-acute care providers. By connecting hospitals with high-quality post-acute care options, CarePort helps ensure that patients receive appropriate follow-up care, while also enabling providers to track patient progress effectively. CarePort Health is headquartered in Boston, Massachusetts, and operates as a subsidiary of Allscripts Healthcare Solutions, Inc.

Calm

Seed Round in 2013
Calm offers an application designed to help its users meditate and relax. The company is driven by a mission to make the world happier and healthier by developing a range of digital and physical products that enhance mental fitness and alleviate some of the most important mental health issues of the modern age including anxiety, depression, insomnia, and stress. Calm was named by Apple as the 2017 iPhone App of the Year and by Google Play as an Editors’ Choice in 2018. The company was founded in 2012 and is headquartered in San Francisco, California.