Elevate Capital is a Hillsboro, OR based venture capital firm led by Managing Partner, Nitin Rai and General Partner, Kumar Sripadam. Elevate’s mission is to help close the $4 trillion wealth gap by catalyzing generational wealth creation for underserved entrepreneurs including women, BIPOC, LGBTQ, and veterans. To achieve our mission, Elevate provides access to seed capital, mentorship, and connections into networks that allow our portfolio companies to scale towards timely and meaningful exits. The Fund invests in the technology and healthcare sectors with first check size ranging between $100K to $1.5M with a maximum investment in any one company of $3M.
Stage of capital: Pre-Seed, Seed, Series A, Series B
Location: Hillsboro, OR
Fund manager diversity: Asian American and Pacific Islander led
Diversity focus: Women, Black and African American, Hispanic-Latino, Asian American and Pacific Islander, Native American
Industry focus: Environmental Sustainability, General Tech- and Tech-Enabled, B2B, Fintech and Payments, Healthcare and Wellness (incl. FemTech), Future of Work and Living (incl. Education/EdTech)
Min and max capital: $100,000 - $3,000,000