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 focuses on seed and early-stage investments, particularly in the Pacific Northwest, while also seeking opportunities globally. Elevate Capital specializes in technology and tech-enabled businesses, as well as sectors such as athletic apparel, outdoor products, and food and beverage. The firm is committed to supporting under-represented founders, maintaining a diverse portfolio with a 50/50 male-to-female founder ratio and ensuring that all investments include at least one co-founder from a minority group. Elevate Capital typically targets investments ranging from $0.03 million to $0.5 million, primarily making minority investments in its portfolio companies.

Carlos Manuel Alvarez

Investment and Data Analyst

Ana Chaud

Executive Partner

Michael Choi

Executive Partner

Dipty Desai

Venture Partner

Donn Dimond

Venture Partner

Doug Ding

Operating Partner

Stacy Friedman

Investor

Tariq Khan

Venture Partner

Randy Lund

Executive Partner

Jill Nelson

Executirve Partner

Brandon Ross

Senior Associate Analyst

Soumitra Sengupta

Venture Partner

Past deals in Wearables

Ascent Integrated Tech

Seed Round in 2024
Ascent Integrated Tech develops a hardware-enabled software platform focused on enhancing situational awareness for first responders and military personnel. Its Tactical Assault Kit (TAK) integrates with smartwatches and existing equipment to provide real-time location tracking and physiological alerting, significantly improving safety and operational decision-making during emergencies. The platform offers comprehensive monitoring and mapping capabilities in hazardous environments, enabling incident commanders to assess the status of their teams and make informed evacuation decisions through a biometric tracking system. Ascent’s technology is utilized by major metropolitan fire departments across the United States and is expanding internationally through strategic partnerships. The company is supported by government contracts and venture funding, positioning itself as a leader in redefining emergency response effectiveness.

Neurava

Seed Round in 2024
Neurava is a company focused on developing non-invasive wearable diagnostic devices for patients with epilepsy, particularly those at risk of Sudden Unexpected Death in Epilepsy (SUDEP). The company's innovative device monitors critical biological signals related to epilepsy, providing timely alerts to caregivers and patients. By offering a reliable monitoring solution, Neurava aims to enhance patient autonomy and deliver peace of mind to families, facilitating timely intervention when necessary. The company's work lies at the intersection of medical device manufacturing and health diagnostics, addressing a significant need within the epilepsy patient community.

Caevisus

Pre Seed Round in 2022
Caevisus is a company focused on developing advanced wearable technology that employs infrared time-of-flight and inertial measurement units to monitor underlying physiological changes while individuals are in motion. The company's patented technology enables licensees to create devices that can analyze soft tissues, particularly at the knee, during physical activity. Currently operating in stealth mode, Caevisus aims to leverage the data collected from these wearable devices to enhance artificial intelligence systems capable of accurately interpreting human movements.

Ateios

Seed Round in 2020
Ateios Inc. develops advanced technology for manufacturing ultra-thin and customizable batteries suitable for various applications in electronics. Based in Indianapolis, Indiana, the company was founded in 2018 and focuses on creating zinc-oxide batteries that offer 2-5 times higher energy density compared to traditional coin cells. This innovative manufacturing process enables the production of flexible batteries that can be tailored to fit specific product requirements. Ateios' technology is particularly applicable to smart textiles, soft robotics, Internet-of-Things (IoT) devices, and medical or fitness wearables. By facilitating a new generation of thin and flexible electronics, Ateios aims to enhance the integration of battery technology into diverse electronic devices.

SpeechVive

Venture Round in 2020
SpeechVive Inc. is a medical technology company based in Lafayette, Indiana, founded in 2011. It focuses on developing an innovative wearable device aimed at improving communication for individuals with Parkinson's disease. The device enhances speech volume and clarity by reducing background noise, thereby facilitating better hearing and communication for patients. By addressing the specific challenges faced by those with Parkinson's, SpeechVive aims to empower users to lead more normal lives through improved verbal communication.
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