Elevate
About Elevate
Elevate is a company based in Fort Worth (United States) founded in 2014 was acquired by Park Cities Asset Management in November 2022. It operates as a FinTech and Commission-Based. Elevate offers products and services including Online Credit Solutions. Elevate operates in a competitive market with competitors including LendingPoint, Possible Finance, Best Egg, Stilt and OneBlinc, among others.
- Headquarter Fort Worth, United States
- Stage Public
- SectorsFinancial Services
- Website elevate.com
- Social LinkedIn X
- Acquired by Park Cities Asset Management (Nov 2022)
- Annual Revenue$416.64 M (USD)-10as on Dec 31, 2021
- Net Profit-$33.6 M (USD)-263as on Dec 31, 2021
- EBITDA$37.8 M (USD)-73as on Dec 31, 2021
- Latest Funding Round$655M (USD), Debt – Conventional
Jul 2026
- InvestorsVictory Park Capital Advisors
& 4 more
- Acquired byPark Cities Asset Management
(Nov 2022)
Products & Services of Elevate
Elevate offers a comprehensive portfolio of products and services, including Online Credit Solutions.
Tech-enabled credit solutions are provided for non-prime customers.
Funding Insights of Elevate
- Total Rounds 3
- Last Round Debt – Conventional — $655M
- First Round $70M
(Aug 2015)
- Investors Count 4
All 3 funding rounds of Elevate 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 |
|---|---|---|---|---|---|
| Jul 2026 | $655M | Debt – Conventional | – | – | |
| Jul 2016 | $100M | Debt – Conventional | – | – | |
| Aug 2015 | $70M | Debt – Conventional | – | – |
5 investors in total: 5 institutional.
Investors in Elevate
Elevate has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Victory Park Capital Advisors, Bow River Capital and Raven Capital Strategies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blank check and private debt firm focused on multiple sectors | 2007 | victoryparkcapital.com | Chicago, United States | |
Bow River Capital is engaged in asset-based finance and investment management. | – | parkcitiesmgmt.com | Denver, United States | |
- | – | bowrivercapital.com | - | |
- | – | ravencm.com | - | |
- | – | hudsoncovecapital.com | - |
Investor details for Elevate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Elevate
47 people are tracked at Elevate (17 in leadership, 6 in board & advisors, 24 in team).
| Name | Role | Group |
|---|---|---|
Jason Harvison | President & CEO | Leadership |
Joel Kell | Vice President | Leadership |
Kate Vanderkolk | Chief Risk Officer | Leadership |
Chris Lutes | Chief Strategy Officer | Leadership |
David Peterson | Chief Credit Officer | Leadership |
Locke Chauvin | Deputy Chief Counsel | Leadership |
Steve Trussell | CFO | Leadership |
Kerry Miles | Chief Operating Officer | Leadership |
Kuan Yang | Sr. Director, Head Of Modeling | Leadership |
Elaine Dandridge Cia, Cfsa | Sr. Director - Compliance | Leadership |
Erich Gosch | Director, ERM | Enterprise Risk Management | Leadership |
Will Bickley | Vice President Of Risk Management | Leadership |
Amanda Blakely | Director, Human Resources | Leadership |
John Richardson | Vp-product | Leadership |
Kathleen Vanderkolk (Kate) | Chief Risk Officer, Chief Counsel | Leadership |
John Bartley | Data Science Vice President | Leadership |
Brandon Johnson | Talent Acquisition Partner | Leadership |
Bradley R. Strock | Director | Board & advisors |
Robert Louis Johnson | Director | Board & advisors |
John C. Dean Jr. | Director | Board & advisors |
27 more people are available in the full profile.
Complete people profiles for Elevate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Elevate
5 dated milestones of Elevate across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Elevate is founded.
- Funding First funding round of $70.0M.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Park Cities Asset Management.
- Funding Latest funding round, Debt – Conventional, of $655.0M.
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 LendingPoint, Possible Finance, Best Egg, Stilt and OneBlinc, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lendingpoint.com | 2014 | Atlanta, United States | $137.17M | – | Personal loans are facilitated through an online marketplace platform. | |
| possiblefinance.com | 2017 | Seattle, United States | $49.56M | – | Multiple consumer loans are offered through an online platform. | |
| bestegg.com | 2000 | Wilmington, United States | $300M | 325 | Personal loans are offered via an online platform. | |
| stilt.com | 2015 | San Francisco, United States | $27.6M | 10 | Online loans are extended to underserved immigrants through data analysis. | |
| oneblinc.com | 2018 | Dania Beach, United States | $28.4M | 81 | Loans are facilitated for federal employees via an online marketplace. | |
| lendstreet.com | 2010 | Sunnyvale, United States | $17M | – | Debt refinancing is enabled online for accredited investors by invitation. | |
| creditshop.com | 2013 | Columbus, United States | $34.52M | 312 | Unsecured personal loans from $500 to $3,000 are offered online. | |
| marcus.com | 1992 | Salt Lake, United States | – | – | Unsecured personal loans are offered through an online platform. |
Detailed competitors of Elevate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Elevate
The website of Elevate (elevate.com) receives about 14.4K visits a month.
- Monthly visits14.4K
▼ 5.9% vs previous month
Websites whose visitors overlap most with Elevate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thinkfinance.com | 100% | – | – | View details | |
incharge.org | incharge.org | 92% | – | #323,251 | – |
| supermoney.com | 91% | 349.1K | #130,540 | View details | |
| kemba.org | 55% | 225.2K | #178,934 | View details | |
| centralbank.net | 55% | 943.4K | #45,697 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Elevate
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Elevate
Complete news archive for Elevate
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Elevate
10 companies that operate in the same segment as Elevate (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Elevate
Elevate was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Elevate is headquartered in Fort Worth, United States. It is registered at Fort Worth, Texas, United States.
Annual revenue of Elevate is $416.64M as on Dec 31, 2021.
Elevate is engaged in offering tech-enabled credit solutions tailored for non-prime customers. Operations are centered in the financial sector, specifically targeting consumer finance. Innovative online tools and advanced analytics are utilized to provide competitively priced credit. Financial wellness features are integrated to support customers in building a better financial future. The mission of Good Today, Better Tomorrow is upheld through a customer-first approach.
Elevate's top competitors include Best Egg, LendingPoint and Possible Finance.
Elevate offers Online Credit Solutions.
Elevate has 5 investors. Key investors include Victory Park Capital Advisors, Bow River Capital, Raven Capital Strategies, Hudson Cove Capital Management, and Bow River Capital.
Yes. Elevate was acquired by Park Cities Asset Management in November 2022.