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

Tariq Khan

Venture Partner

Randy Lund

Executive Partner

Jill Nelson

Executirve Partner

Raghu Raghavan

General Partner

Brandon Ross

Senior Associate

Soumitra Sengupta

Venture Partner

Past deals in Portland, OR

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.

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.

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.

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.

Talkoot

Seed Round in 2019
Talkoot is a content production platform that facilitates collaboration among teams across various departments and locations, allowing them to efficiently organize and manage digital product content. The platform enables users to produce, track, and distribute large volumes of content, including eCommerce descriptions, social media posts, and retail headlines, all while ensuring consistency and alignment with brand messaging. By providing an intuitive workspace, Talkoot helps brands streamline their content creation processes, making it easier for content creators and approvers to work together effectively. This approach allows organizations to deliver cohesive and consumer-ready content that supports their marketing and branding efforts.

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

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.

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.

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.
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