About Elevate
Elevate is a company based in San Francisco (United States) founded in 2010. It operates as a Freemium. Elevate has raised $14.8 million across 4 funding rounds from investors including Keesing Media Group, Oakhouse Partners and Sequoia Capital. Elevate offers products and services including Elevate Brain Training. Elevate operates in a competitive market with competitors including Lumosity, Peak, BrainHQ, Memorado and Brainwell, among others.
- Headquarter San Francisco, United States
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.8 M (USD)
in 4 rounds
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Latest Funding Round
$7.1 M (USD), Series B
Sep 04, 2019
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Investors
Keesing Media Group
& 4 more
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Employee Count
Employee Count
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Products & Services of Elevate
Elevate offers a comprehensive portfolio of products and services, including Elevate Brain Training. 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.
Brain training games are offered for cognitive improvement.
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Funding Insights of Elevate
Elevate has successfully raised a total of $14.8M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7.1 million completed in September 2019. 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 4
- Last Round Series B — $7.1M
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First Round
First Round
(09 Mar 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series B - Elevate | Valuation | Keesing Media Group | |
| Aug, 2012 | Amount | Series A - Elevate | Valuation | Sequoia Capital |
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| Jun, 2011 | Amount | Seed - Elevate | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Elevate
Elevate has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Keesing Media Group, Oakhouse Partners and Sequoia Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments in technology startups are made by Oakhouse Partners.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elevate
| 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 - Elevate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Elevate Comparisons
Competitors of Elevate
Elevate 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 Lumosity, Peak, BrainHQ, Memorado and Brainwell, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Brain training games for web and apps are developed.
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| domain | founded_year | HQ Location |
Peak is recognized for developing brain training mobile applications.
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| domain | founded_year | HQ Location |
Online brain exercises for cognitive aging and conditions are provided.
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| domain | founded_year | HQ Location |
Neuroscience-based brain training games are provided by Memorado.
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| domain | founded_year | HQ Location |
Personalized brain-training games for cognitive skills are delivered via app.
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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 Elevate
Frequently Asked Questions about Elevate
When was Elevate founded?
Elevate was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Elevate located?
Elevate is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Elevate a funded company?
Elevate is a funded company, having raised a total of $14.8M across 4 funding rounds to date.
What does Elevate do?
Personalized brain training programs are delivered to enhance cognitive skills. Focus is placed on improving reading, writing, speaking, memory, and math abilities. Over 40 games are offered to boost productivity and confidence. The platform is supported by research and expert collaboration. Performance tracking is enabled for users to monitor progress. Solutions cater to individuals seeking self-improvement in various skill areas.
Who are the top competitors of Elevate?
Elevate's top competitors include BrainHQ, BrainHQ and Simcoach Games.
What products or services does Elevate offer?
Elevate offers Elevate Brain Training.
Who are Elevate's investors?
Elevate has 5 investors. Key investors include Keesing Media Group, Oakhouse Partners, Sequoia Capital, Kapor Capital, and Felicis Ventures.
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