About Elate
Elate is a Technology company based in Indianapolis (United States) founded in 2019 by Brooks Busch and Abby Parker. Cloud-based project management solutions are offered for enterprises. It operates on a SaaS (Software-as-a-Service) model. Elate has raised $9.47 million across 4 funding rounds from investors including WestWave Capital, Pritzker Group and HPA. Its chief executive, as recorded, is Brooks Busch. Its website goelate.com draws about 11 thousand monthly visits. Elate offers products and services including Strategy Execution Platform. Its focus areas include Software and Business Solutions. Its legal entity is Elate, Inc. Its competitors include Quantive, Workboard and Rhythms; 3 of its 3 listed competitors have raised funding.
Company details
Elate is established as a Strategy Execution Platform designed for Strategy Leaders and Chiefs of Staff. It is focused on aligning teams, executing strategic plans, and driving measurable outcomes. Solutions provided include advanced reporting, automated risk insights, and integrations with over 60 tools. The platform serves high-growth companies by facilitating intuitive planning, cross-departmental collaboration, and actionable reviews. Security and privacy are prioritized with enterprise-ready features.
- Headquarters Indianapolis, United States
- Founders Brooks Busch, Abby Parker
- SectorsTechnology
- Website goelate.com
- Social LinkedIn
- Legal Name Elate, Inc
- Total Equity Funding$9.47M (USD)
in 4 rounds
- Latest Funding Round$3.2M (USD), Series A
Apr 2024
- InvestorsWestWave Capital
& 7 more
Products & Services of Elate
Elate offers a comprehensive portfolio of products and services, including Strategy Execution Platform.
A platform for aligning and executing strategic plans.
Funding Insights of Elate
Elate has successfully raised a total of $9.47M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.2 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.47M
- Total Rounds 4
- Last Round Series A — $3.2M
- First Round $530,000
(Oct 2019)
- Investors Count 8
All 4 funding rounds of Elate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $3.2M | Series A | – | – | – |
| Feb 2023 | $4.93M | Series A | – | WestWave Capital | |
| Aug 2020 | $809,999 | Seed | – | – | – |
| Oct 2019 | $530,000 | Seed | – | M25 | – |
8 investors in total: 8 institutional.
Investors in Elate
Elate has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include WestWave Capital, Pritzker Group and HPA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage enterprise startups are funded by WestWave Capital. | 2021 | westwavecapital.com | ||
Investments in SaaS, marketplace, and middle market companies are managed. | pritzkergroup.com | Chicago, United States | ||
Early-stage startups are funded through venture capital investments. | hpa.vc | Chicago, United States | ||
| capitalmidwest.com | ||||
Venture capital fund focused on Agtech and multiple sectors | serraventures.com | Champaign, United States | ||
Early-stage venture capital investments are made in Midwest startups. | 2015 | m25vc.com | Chicago, United States | |
| flywheelfund.vc | ||||
Early-stage investments are made in diverse sectors by the firm. | elevateventures.com | Indianapolis, United States |
Investor details for Elate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Elate
15 people are tracked at Elate (7 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Brooks Busch | Co-Founder & CEO | Leadership |
Abby Parker | Co-Founder & COO | Leadership |
Nathan Starr | Director Of Strategy And Operations | Leadership |
Ross Lubbers | Director Of Sales | Leadership |
Sara Brandstatter | Director Of Account Management | Leadership |
Kyle Frederick | VP Of Finance | Leadership |
Tim Wylie | VP of Marketing | Leadership |
Phil Tarnowski | SVP Of Product | Team |
Chris Mislan | Senior Account Executive | Team |
April McDonald | Senior Implementation & Services Manager | Team |
Kara Biernat | Account Executive | Team |
Karlie B. | Senior Customer Success Manager | Team |
Will Terbrack | Senior Account Executive | Team |
Russell Lester | Advisor | Team |
Lindsay Webb | Product Manager | Team |
Complete people profiles for Elate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Elate
3 dated milestones of Elate across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Elate is founded.
- Funding First funding round of $530K.
- Funding Latest funding round, Series A, of $3.2M.
Competitors of Elate
Elate has 3 listed competitors in our database, 3 of them funded. They include Quantive, Workboard and Rhythms.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quantive.com | 2015 | Denver, United States | $309M | Provider of AI-powered strategy management software for planning, execution, and adaptation | ||
| workboard.com | 2014 | Mountain View, United States | $140.05M | 289 | Goal based collaboration for teams | |
| rhythms.ai | 2023 | Bellevue, United States | $26M | Strategic alignment is enabled via business orchestration platform. |
Detailed competitors of Elate
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Web traffic of Elate
The website of Elate (goelate.com) receives about 11K visits a month.
- Monthly visits11K
▼ 7.8% vs previous month
Websites whose visitors overlap most with Elate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
agencymanagementinstitute.com | agencymanagementinstitute.com | 100% | #3,008,953 | – | |
| cascade.app | 83% | 184.2K | #281,511 | View details | |
| elatebeauty.com | 44% | 36.8K | #486,232 | View details |
Top companies in Enterprise Collaboration & Video Tools
3 companies that operate in the same segment as Elate (Enterprise Collaboration & Video Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | 2,555 | ||
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 |
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Related news about Elate
Complete news archive for Elate
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Frequently Asked Questions about Elate
Elate was founded in 2019.
Elate is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Brooks Busch is the CEO of Elate, as recorded in our data. They have also founded this company.
Elate is a funded company, having raised a total of $9.47M across 4 funding rounds to date. The company's 1st funding round was a Seed of $530K, raised on Oct 2019.
Elate is established as a Strategy Execution Platform designed for Strategy Leaders and Chiefs of Staff. It is focused on aligning teams, executing strategic plans, and driving measurable outcomes. Solutions provided include advanced reporting, automated risk insights, and integrations with over 60 tools. The platform serves high-growth companies by facilitating intuitive planning, cross-departmental collaboration, and actionable reviews. Security and privacy are prioritized with enterprise-ready features.
Elate offers Strategy Execution Platform.
Elate has 8 investors. Key investors include WestWave Capital, Pritzker Group, HPA, Capital Midwest Fund, and Serra Ventures.
Elate operates through Elate, Inc.