Elevate Capital

VC · (United States)

VC

Seed

Series A

AI

Cloud/SaaS

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About

Elevate Capital is a venture capital firm based in Portland, Oregon, dedicated to supporting underrepresented entrepreneurs, including women, minorities, and veterans. Founded in 2016 by Nitin Rai, the firm focuses on early-stage investments, providing both capital and mentorship to help these entrepreneurs build successful companies. Elevate Capital manages several specialized funds: the Inclusive Fund, which invests in women, minority, and veteran-founded startups primarily in the Portland metro area; Capital Fund II, which invests nationally in scalable startups founded by underrepresented minority founders in technology and healthcare; and the Innovation Gap Fund, a program under Business Oregon that mirrors key focus industries while promoting diversity and equity in the startup world. The firm's commitment to inclusivity is reflected in its portfolio, with a significant percentage of investments in diverse founders across various industries.

Investment Criteria

Other investors that have backed the same portfolio companies as Elevate Capital. Expand any entry to see the shared portfolio companies.

• Portland Seed Fund

  6 shared

  Shared portfolio companies

  • Hemex Health, Inc.
  • Minnow Technologies, Inc.
  • Overwatch Imaging, Inc.
  • Toolbelt Inc.
  • TrovaTrip, Inc.
  • Wildfang Co.
• Rogue Venture Partners

  5 shared

  Shared portfolio companies

  • Minnow Technologies, Inc.
  • The Dyrt, Inc.
  • Toolbelt Inc.
  • TrovaTrip, Inc.
  • Wildfang Co.
• Backstage Capital

  4 shared

  Shared portfolio companies

  • Blendoor, Inc.
  • Revry, Inc.
  • Students of Wealth, Inc.
  • Wildfang Co.
• Cascade Seed Fund

  4 shared

  Shared portfolio companies

  • Clean haus
  • Rock Paper Coin, Inc.
  • Toolbelt Inc.
  • Wildfang Co.
• Oregon Venture Fund

  4 shared

  Shared portfolio companies

  • Bumped, Inc.
  • Cascade Prodrug, Incorporated
  • TrovaTrip, Inc.
  • Wildfang Co.
• Techstars

  3 shared

  Shared portfolio companies

  • Carpe Diem Social LLC
  • HacWare, Inc.
  • Invio, Inc.
• 44North Ventures LLC

  2 shared

  Shared portfolio companies

  • Clean haus
  • Wildfang Co.
• Collab Capital

  2 shared

  Shared portfolio companies

  • Revry, Inc.
  • Toolbelt Inc.
• Peninsula Ventures

  2 shared

  Shared portfolio companies

  • Bumped, Inc.
  • The Dyrt, Inc.
• Right Side Capital Management

  2 shared

  Shared portfolio companies

  • Bitesize, Inc.
  • Invio, Inc.