Elevate Capital

Elevate Capital is a Hillsboro, Oregon-based venture capital firm with a distinctive focus on seed and early-stage startups, particularly those led by underrepresented founders. While primarily rooted in the Pacific Northwest, the firm extends its investment reach nationally, demonstrating a commitment to fostering diversity and inclusion within the tech ecosystem. Elevate Capital actively seeks out companies that are often overlooked by traditional venture capital, aiming to provide crucial early-stage capital and strategic support.

The firm's investment strategy targets a range of high-growth sectors, including B2B SaaS, FinTech, Future of Work, Digital Health, AI/ML, and Consumer Tech. Elevate Capital typically provides initial investments ranging from $250,000 to $1 million, positioning itself as a key early supporter for promising ventures. This range allows them to participate meaningfully in seed and pre-seed rounds, often serving as the first institutional capital for many of their portfolio companies.

Elevate Capital manages several funds, including the Elevate Capital Fund, Elevate Capital Fund II, and the Elevate Capital Inclusion Fund. Their most recent vehicle, Elevate Capital Fund III, closed at $40 million in 2023, significantly expanding their capacity to support a larger cohort of diverse founders. With over 30 investments to date, the firm has built a robust portfolio reflecting its mission to back innovative companies while driving equitable access to capital. Their approach not only seeks financial returns but also aims to create a more inclusive and representative entrepreneurial landscape.