About Elevat
Elevat is a company based in Seattle (United States) founded in 2015 by Adam Livesay and William Hill.. Elevat has raised $13.05 million across 2 funding rounds. Elevat offers products and services including Out-of-the-Box Solutions, Customized Solutions, and Configurable Solutions. Elevat operates in a competitive market with competitors including The Routing Company, Parade, Adapdix, Flutura and Aquifi, among others.
- Headquarter Seattle, United States
- Founders Adam Livesay, William Hill
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
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Email
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Phone
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Website
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Social
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- Legal Name Elevat, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.05 M (USD)
in 2 rounds
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Latest Funding Round
$10.55 M (USD), Series A
Nov 18, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of Elevat
Elevat offers a comprehensive portfolio of products and services, including Out-of-the-Box Solutions, Customized Solutions, and Configurable Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pre-built IoT tools for quick machinery connectivity and data management
Bespoke strategies for specific business needs in off-highway sectors
Adaptable platforms for tracking and upgrading machine assets globally
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Software Development Team
3 people
Co Team
1 people
Sales and Marketing
1 people
Leadership Team
1 people
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Funding Insights of Elevat
Elevat has successfully raised a total of $13.05M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.55 million completed in November 2020. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $10.5M
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First Round
First Round
(14 Nov 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2020 | Amount | Series A - Elevat | Valuation |
investors |
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| Nov, 2017 | Amount | Seed - Elevat | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Elevat
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elevat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elevat Comparisons
Competitors of Elevat
Elevat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Routing Company, Parade, Adapdix, Flutura and Aquifi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Routing and management solutions are provided for public transit operators.
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| domain | founded_year | HQ Location |
Parade is focused on capacity management for freight brokerages.
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| domain | founded_year | HQ Location |
Asset monitoring software is provided for industrial equipment optimization.
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| domain | founded_year | HQ Location |
End to end IoT platform for asset monitoring
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| domain | founded_year | HQ Location |
Develops vision technology using mobile cameras for advanced 3D perception applications.
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| domain | founded_year | HQ Location |
IoT analytics software is offered for device manufacturers and designers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elevat
Frequently Asked Questions about Elevat
When was Elevat founded?
Elevat was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Elevat located?
Elevat is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Elevat?
William Hill is the current CEO of Elevat. They have also founded this company.
Is Elevat a funded company?
Elevat is a funded company, having raised a total of $13.05M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Nov 14, 2017.
What does Elevat do?
Elevat, a spin-off of Western Integrated Technologies, offers a cloud-based Industrial Internet of Things platform for managing connected assets throughout life cycles. It utilizes sensors on industrial machinery that feed into a central box that communicates to the cloud and the Elevat platform. The data can then be distributed directly to the user which can be visualized through a smartphone or laptop. It is hardware agnostic and claims to work with any gateway or connected device. Features multiple built-in customizable reporting widgets. The company additionally provides integration, custom development, and asset management services, and fleet optimization services.
Who are the top competitors of Elevat?
Elevat's top competitors include The Routing Company, Parade and MoBagel.
What products or services does Elevat offer?
Elevat offers Out-of-the-Box Solutions, Customized Solutions, and Configurable Solutions.