Elevate Capital

Elevate Capital is a venture capital firm founded in 2016 and based in Hillsboro, Oregon, with an additional office in Portland. The firm specializes in seed and early-stage investments, primarily targeting startups and early-stage companies, including those in technology, consumer packaged goods, life sciences, and food and beverage sectors. Elevate Capital focuses on investing in underrepresented founders, maintaining a balanced male-to-female founder ratio and ensuring that all its investments include at least one co-founder from a minority group. The firm primarily operates in the Pacific Northwest, particularly the Portland Metro area and the Willamette Valley, and aims to make minority investments ranging from $0.03 million to $0.5 million in its portfolio companies.

Ana Chaud

Executive Partner

Michael Choi

Executive Partner

Dipty Desai Ph.D

Venture Partner

Donn Dimond

Venture Partner

Doug Fieldhouse

Venture Partner

Stacy Friedman

Investor

Lateef Jackson

Venture Partner

Tariq Khan

Venture Partner

Randy Lund

Executive Partner

Raghu Raghavan

General Partner

Brandon Ross

Senior Associate

Soumitra Sengupta

Venture Partner

40 past transactions

SkySquad

Seed Round in 2022
SkySquad is an airport assistance service based in Bethesda, Maryland, founded in 2019. The company focuses on enhancing the travel experience for families, seniors, and non-English speakers by offering support from arrival at the airport to boarding the plane. Through its platform, SkySquad connects travelers with airport employees who provide essential assistance, ensuring a smooth check-in and check-out process. This service aims to alleviate the challenges often faced during air travel, allowing clients to navigate airports with ease and confidence.

Choix

Seed Round in 2022
Operator of a telehealth clinic intended to provide medical services on sexual and reproductive healthcare. The company offers abortion pills, emergency contraception, cold sore treatment, genital herpes care, hormonal birth control, and UTI care, enabling patients to feel educated and empowered about their sexual and reproductive healthcare decisions and helping women to safely end a pregnancy from the comfort of their own home via telemedicine.

Hacware

Seed Round in 2022
Hacware, Inc. specializes in artificial intelligence-driven cybersecurity awareness solutions aimed at protecting employees from phishing attacks. Founded in 2017 and based in Dallas, Texas, the company has developed a platform that combines threat intelligence with user behavior analysis to identify employees most at risk of being hacked. Hacware's software automates the delivery of intelligent messages that simulate email hacks, allowing organizations to assess vulnerabilities. In addition to these simulations, the platform provides real-time analytics and tailored training recommendations to enhance email security awareness among employees. This approach not only helps clients mitigate risks but also fosters a more informed workforce capable of recognizing and responding to potential cyber threats.

Paerpay

Seed Round in 2022
Paerpay is a financial application designed to enhance in-person payment experiences for merchants, particularly in the restaurant industry. By streamlining the payment process, Paerpay addresses the challenges faced by merchants, who can lose significant revenue due to payment friction and non-paying customers. The platform allows users to scan a code at their table to either create a new bill or connect to an existing one, facilitating payment, bill splitting, and tipping with ease. This contactless payment service aims to eliminate the frustrations associated with traditional payment methods, enabling a smoother and more efficient transaction experience for both merchants and their customers.

Canopii

Pre Seed Round in 2022
Canopii is a greenhouse technology company providing turn-key farms integrated with cost-effective labor automation and energy management systems to support local and sustainable production of fresh produce.

Time Study

Seed Round in 2021
Time Study Inc. is a software development company based in New York, established in 2016. It specializes in creating web and mobile applications that offer enterprise solutions focused on time intelligence. The company's platform leverages machine intelligence to analyze and transform time data into real-time insights, enabling organizations to understand how time is utilized and its effects on workforce effectiveness, operational efficiency, and compliance. Time Study's solutions are currently implemented in over 30 prominent health organizations across the United States, reflecting its commitment to enhancing business insights and reporting capabilities related to time management. The team is led by Kishau Rogers, a seasoned entrepreneur and computer scientist, supported by a group of professionals with extensive experience in developing enterprise software solutions.

TrovaTrip

Venture Round in 2021
TrovaTrip is an audience monetization platform for influencers, entrepreneurs, and small businesses. Hosts use our platform to easily plan and sell group trips, offer paid or donation-based livestreams, and sell digital products like ebooks and recorded workshops.

VitalFlo

Seed Round in 2021
VitalFlo is a digital health company focused on helping doctors keep their asthmatic patients out of the ER. We do this by remotely monitoring patient lung function and the air quality around them for potential asthma attack triggers, and leveraging this dataset to develop predictive health analytics and forecasts. VitalFlo is redefining the standard of care for asthma management by providing actionable recommendations to patients when they need it most: before they have an asthma attack.

Loopie

Angel Round in 2021
Loopie offers a peer-to-peer laundry service that addresses the common challenge of managing dirty laundry. The platform connects individuals needing laundry assistance with those seeking to earn extra income from home. Through its mobile app, users can easily schedule laundry pickup and delivery within 24 hours. The service utilizes a network of certified washers who transform idle laundry equipment into revenue-generating assets. Loopie's managed marketplace model ensures that both consumers and businesses can efficiently have their laundry picked up, washed, dried, folded, and delivered in a timely manner, providing a modern and convenient alternative to traditional laundry services.

Rewire AI

Seed Round in 2021
Rewire Neuro offers core computer vision and machine learning services for biomedical image analysis in clinical, veterinary, and research applications. Their cloud-based artificial intelligence inference engine is "Sightologist.ai" powers their consumer-facing image analysis platform called "Pipsqueak AI" and partnering technologies.

The Wild

Venture Round in 2021
Wild Technology, Inc. develops and delivers The Wild, a collaboration platform that enables all project stakeholders to experience design together in real-time. The company’s spatial sketching tool enables rapid prototyping of 3D concepts and provides a way to ideate and share ideas with team. Its Add-In for Autodesk Revit is used in architecture, commercial interior design, and virtual design and construction. The company was incorporated in 2016 and is based in Portland, Oregon.

Minnow

Seed Round in 2021
Minnow Technologies, Inc. designs and manufactures Internet-connected food pickup kiosks known as Minnow pods, which provide a contact-free solution for food delivery and pickup. Founded in 2017 and based in Portland, Maine, the company has developed an application software that alerts customers when their orders are ready and provides passcodes for secure retrieval. The Minnow pods are versatile and can be utilized in various settings, supporting integration with existing point-of-sale systems, online ordering, and delivery platforms. Through extensive field testing and user-centered design, Minnow aims to enhance food safety and convenience for customers, while also assisting foodservice operators and commercial property managers in delivering a safer pickup experience.

ToolBelt

Venture Round in 2021
ToolBelt Inc. is a computer software company based in Vancouver, Washington, founded in 2018. The company specializes in developing a mobile application that connects builders and remodelers with subcontractors and skilled tradespeople. ToolBelt's platform allows users to easily search for and filter project-ready talent, browse work materials, and communicate with project crews. Additionally, the application features a translation function that automatically converts project details and messages into Spanish, enhancing accessibility for a broader range of users. By simplifying the process of sourcing labor and managing construction projects, ToolBelt aims to streamline operations in the construction and remodeling industries.

Revry

Seed Round in 2021
Revry, Inc. operates a digital media network that streams a diverse array of entertainment content specifically created for queer and allied audiences. Founded in 2016 and based in Glendale, California, the platform offers films, television series, podcasts, music albums, and original productions, all accessible via web and mobile devices. Revry highlights the best of queer culture and voices globally and is available in over 250 million homes and devices through various OTT, mobile, and online platforms, including Samsung TV Plus, The Roku Channel, and Comcast Xfinity X1. The company is led by a diverse founding team with extensive experience in technology, digital media, and LGBTQ+ advocacy, reflecting its commitment to representing queer perspectives in entertainment.

Bullfinch Asset

Venture Round in 2020
Bullfinch Asset Aktiengesellschaft is a fintech and alternative asset platform based in Frankfurt am Main, Germany. Founded in 2019, the company focuses on pooling, standardizing, financing, and operating green and sustainable building and plant infrastructure projects. By serving both investors and CleanTech entrepreneurs, Bullfinch aims to contribute to a future powered entirely by green energy. The platform facilitates investments in environmentally friendly initiatives, promoting sustainability within the infrastructure sector.

Minnow

Seed Round in 2020
Minnow Technologies, Inc. designs and manufactures Internet-connected food pickup kiosks known as Minnow pods, which provide a contact-free solution for food delivery and pickup. Founded in 2017 and based in Portland, Maine, the company has developed an application software that alerts customers when their orders are ready and provides passcodes for secure retrieval. The Minnow pods are versatile and can be utilized in various settings, supporting integration with existing point-of-sale systems, online ordering, and delivery platforms. Through extensive field testing and user-centered design, Minnow aims to enhance food safety and convenience for customers, while also assisting foodservice operators and commercial property managers in delivering a safer pickup experience.

GrowthPlug

Seed Round in 2019
GrowthPlug Inc. is a marketing platform designed specifically for healthcare practitioners, aimed at enhancing patient acquisition and improving online reputation management. Founded in 2016 and headquartered in San Jose, California, with an additional office in Beaverton, Oregon, GrowthPlug provides a suite of services including search engine optimization, business listings management, and insights dashboards. The platform automates front desk operations and focuses on delivering a patient-first experience, helping healthcare practices streamline their processes and elevate their digital presence. By working with hundreds of healthcare practices nationwide, GrowthPlug facilitates the growth and optimization of these organizations, ultimately supporting them in accelerating revenue and improving overall efficiency.

Nerd Street Gamers

Series A in 2019
Nerd Street Gamers (NSG) is a national network of esports facilities and events dedicated to powering competitive opportunities for gamers. The company promotes greater access to the esports industry, laying a national framework for esports talent development and high-quality gaming tournaments. NSG has received early backing from SeventySix Capital, a premier sports tech venture capital firm, Comcast Spectacor and Five Below. For more information, please visit http://www.nsg.gg.

Time Study

Seed Round in 2019
Time Study Inc. is a software development company based in New York, established in 2016. It specializes in creating web and mobile applications that offer enterprise solutions focused on time intelligence. The company's platform leverages machine intelligence to analyze and transform time data into real-time insights, enabling organizations to understand how time is utilized and its effects on workforce effectiveness, operational efficiency, and compliance. Time Study's solutions are currently implemented in over 30 prominent health organizations across the United States, reflecting its commitment to enhancing business insights and reporting capabilities related to time management. The team is led by Kishau Rogers, a seasoned entrepreneur and computer scientist, supported by a group of professionals with extensive experience in developing enterprise software solutions.

Vectorly

Pre Seed Round in 2019
Vectorly Inc. is a video learning platform that specializes in advanced video compression technology. Founded in 2015 and based in New York, with an additional office in Bengaluru, India, the company was previously known as Dot Learn Inc. before rebranding in 2018. Vectorly's patented vector encoding technology can compress videos by up to 50 times, significantly enhancing visual quality, particularly for animations and screencasts. This technology is beneficial for video platforms that can either license the software or utilize APIs to optimize their video content, ultimately reducing cloud storage and delivery costs while improving user experience with minimal bandwidth usage and reduced buffering.

Hubb

Series B in 2018
Hubb, LLC is a company that specializes in providing an integrated app platform designed to streamline the management of content for conferences and meetings. Founded in 2012 and based in Vancouver, Washington, Hubb offers a range of tools to enhance the event experience for various stakeholders. Its platform includes features for exhibitors, allowing sponsors to self-manage their profiles and booth requests. For attendees, it provides functionalities to plan schedules and receive real-time updates across devices. Additionally, Hubb supports website marketing tools to further enhance event promotion. The company aims to transform how events are experienced, catering to both virtual and hybrid formats while empowering event planners with robust engagement capabilities.

Minnow

Pre Seed Round in 2018
Minnow Technologies, Inc. designs and manufactures Internet-connected food pickup kiosks known as Minnow pods, which provide a contact-free solution for food delivery and pickup. Founded in 2017 and based in Portland, Maine, the company has developed an application software that alerts customers when their orders are ready and provides passcodes for secure retrieval. The Minnow pods are versatile and can be utilized in various settings, supporting integration with existing point-of-sale systems, online ordering, and delivery platforms. Through extensive field testing and user-centered design, Minnow aims to enhance food safety and convenience for customers, while also assisting foodservice operators and commercial property managers in delivering a safer pickup experience.

C. Deloney Collection

Debt Financing in 2018
C. Deloney Collection

Handful

Seed Round in 2017
Handful, Inc. is a Tigard, Oregon-based company that manufactures and distributes women's sportswear, focusing on providing comfortable and functional apparel for daily use and physical activities. Founded in 2006, the company offers a range of products, including sports bras, tops, capris, leggings, and accessories such as hats and tank tops. Handful aims to enhance women's self-esteem by creating fashionable and supportive clothing that allows for ease of movement during activities like yoga, running, and workouts. Through its commitment to style and comfort, Handful seeks to empower women to feel confident while engaging in various physical pursuits.

Wildfang

Series A in 2017
Wildfang Co. is a fashion and lifestyle company based in Portland, Oregon, that specializes in manufacturing and retailing women's apparel inspired by menswear. Established in 2011, the company provides a diverse range of products, including tops like button-ups and sweaters, bottoms such as jeans and shorts, and an assortment of accessories, including bags and jewelry. Wildfang also features a selection of footwear, encompassing boots, flats, and heels. The company is committed to offering gender-neutral clothing that allows women to explore both masculine and feminine styles. It operates an online marketplace, providing a centralized platform for customers to access its unique offerings. Wildfang gained recognition with the support of brand ambassadors like actress Kate Moennig, musician Hannah Blilie, and soccer player Megan Rapinoe.

Hemex Health

Seed Round in 2017
Hemex Health, Inc. develops and manufactures medical diagnostic devices for populations at risk for malaria and sickle cell disease (SCD). Its products include Magneto-Optical Device (MOD), a device to detect all strains of malaria at low concentrations under a minute; HemeChip, a device to identify hemoglobin disorders; and SMART, which provides solutions for early SCD and malaria diagnosis through point-of-care testing and mobile device registries in health facility settings. The company was founded in 2016 and is based in Portland, Oregon.

Heritage Laboratories

Seed Round in 2017
Heritage Laboratories a line of ingestible skincare, that seeks to give users brighter, firmer and more radiant skin.

Medical Magnesium

Seed Round in 2017
Medical Magnesium is a startup focused on the development of innovative metallic bioabsorbable implants specifically designed for orthopedic and trauma surgery. These implants are engineered to be mechanically stable during the healing process and gradually degrade once the fracture has healed, eliminating the need for a second surgery to remove traditional metal implants. By utilizing magnesium-based solutions, Medical Magnesium aims to enhance patient care and recovery, allowing for single-surgery therapies that simplify the surgical process. The technology stems from interdisciplinary research conducted at RWTH Aachen University, where the material properties have been rigorously tested to ensure effective integration into surgical practice. The company's implants not only stabilize fractures but also release nutrients that promote the regrowth of natural bone structure, contributing to the advancement of next-generation surgical treatments.

REZI

Seed Round in 2017
REZI is a property rental company that focuses on enhancing the rental experience for both landlords and tenants through its advanced technology and analytics. The company has developed a platform that employs proprietary analytics and advanced screening methods to efficiently identify long-term tenants. This system not only facilitates the tenant search process but also allows tenants to manage their rent payments conveniently, including the option for automatic recurring payments. By leveraging technology and financial products, REZI aims to streamline the rental process, making it more efficient and user-friendly for all parties involved.

GARDEN BAR

Seed Round in 2017
Garden Bar, LLC operates restaurants. The company was incorporated in 2013 and is headquartered in Portland, Oregon. As of August 27, 2019, Garden Bar, LLC operates as a subsidiary of Evergreens Salad.

Curadite

Seed Round in 2017
Curadite, Inc. is a digital health company based in Portland, Oregon, founded in 2016. The company specializes in medication management technology aimed at improving patient adherence to prescribed regimens. Its flagship product, CuraPac, utilizes a sensor-based application that sends reminders through text messages and robocalls to help users stay on track with their medications. By integrating cellular-enabled disposable packaging with Internet of Things (IoT) technology, Curadite offers real-time medication tracking and streamlined communication among patients, healthcare providers, and care teams. This innovative approach helps reduce medication errors, enhances health outcomes, and promotes responsible medication utilization, ultimately aiming to improve the quality of life for patients and their caregivers.

Hue Noir

Seed Round in 2017
Hue Noir, LLC produces cosmetics to enhance the beauty of darker skinned women. It offers luxury makeup solutions for women with nuanced skin tones ranging from fair to deep. The company sells its products online. Hue Noir, LLC was founded in 2009 and is based in Beaverton, Oregon.

Hubb

Series A in 2016
Hubb, LLC is a company that specializes in providing an integrated app platform designed to streamline the management of content for conferences and meetings. Founded in 2012 and based in Vancouver, Washington, Hubb offers a range of tools to enhance the event experience for various stakeholders. Its platform includes features for exhibitors, allowing sponsors to self-manage their profiles and booth requests. For attendees, it provides functionalities to plan schedules and receive real-time updates across devices. Additionally, Hubb supports website marketing tools to further enhance event promotion. The company aims to transform how events are experienced, catering to both virtual and hybrid formats while empowering event planners with robust engagement capabilities.

Scout Military Discounts

Seed Round in 2016
Scout Military Discounts is a mobile application designed to assist military families in finding and redeeming discounts. Each year, many eligible transactions go unclaimed due to various factors such as inadequate signage or confusion over eligibility. To address this issue, Scout has developed a comprehensive database of military discounts, which is cross-referenced with user profiles to determine eligibility. The app then provides real-time alerts when users are within proximity of stores offering applicable discounts. Available on both iOS and Android, Scout Military Discounts aims to enhance the shopping experience for the military community by ensuring they receive the benefits they have earned.

Cascade Prodrug

Series B in 2016
Cascade Prodrug, Inc., an early stage pharmaceutical company, engages in the development of hypoxia-activated switch technology based therapeutics for patients with solid tumor indications. It offers CPD100, a proprietary N-oxide prodrug of vinblastine, a cytotoxic vinca-alkaloid that is used clinically to treat several hematologic malignancies. The company’s CPD100 triggers drug conversion in the tumor where it’s needed, limiting the exposure of healthy tissue to a potent cytotoxic agent. The company was founded in 2009 and is based in Eugene, Oregon.

RFPIO

Seed Round in 2016
RFPIO Inc. is a cloud-based software company that specializes in automating the request for proposal (RFP) response process. Founded in 2015 and headquartered in Beaverton, Oregon, the company provides tools designed for proposal managers and sales teams to enhance collaboration and streamline workflows. RFPIO’s platform features a consolidated answer library and an AI-enabled recommendation engine, which help users efficiently manage RFP task lists and improve teamwork through daily summaries and audit trails. With a focus on increasing productivity, RFPIO serves over 70,000 users across 100 countries, including prominent clients such as Microsoft, Adobe, LinkedIn, FireEye, and Google.

IT Aire

Seed Round in 2016
IT Aire story begins in 2010 when their four founders, all data-center cooling solution engineers came together to created a product that would revolutionize the way data centers were climate controlled. By cleverly leveraging indirect evaporative cooling technology alongside an intelligent control system, with mechanical redundancy built in, a product was created that is incredibly energy efficient, reliable and affordable. After being patented (U.S. Patent No. 9,204,578) this device became the first Genesis DCS system ever sold. IT Aire's story evolves each day, as they continue their mission.

Goumikids

Seed Round in 2016
Goumikids, LLC is a company based in Beaverton, Oregon, that specializes in manufacturing and supplying baby essentials. The product line includes innovative items such as goumimitts, designed to prevent babies from scratching, as well as jamms, boots, preemie mitts, and hats. All products are made from soft, organic cotton, ensuring they are safe and comfortable for infants. Goumikids aims to enhance the lives of families by providing high-quality, functional baby products. The company's offerings are available through various retail stores across the United States and online, making them accessible to a wide range of customers. Founded by friends Lili Yeo and Linsey Ebuen, Goumikids is driven by a commitment to improve the lives of families both locally and globally.

Blendoor

Seed Round in 2016
Blendoor, Inc. is a San Francisco-based company that specializes in developing a mobile job matching application aimed at connecting technology companies with qualified women, veterans, and underrepresented minority candidates. Founded in 2014, Blendoor focuses on enhancing the recruitment process through a mobile-based platform that utilizes people analytics. The application allows recruiters to assess candidates based on their qualifications without any biases related to names, photos, or personal details, thereby promoting diversity in hiring. By sourcing candidates from partners and universities, Blendoor aims to facilitate a more equitable recruitment process in the technology sector.
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