Elevate Ventures
We invest in cross-sector innovation-driven companies at Pre-Seed, Seed and Series A stages.As the #1 seed and early-stage venture capital firm in the Great Lakes Region and Top 20 in the World, we are building a robust innovation ecosystem with companies, customers and mission-critical partners that fuel founders.Since 2011, Elevate has invested over $171M in capital in more than 550 Indiana-based startups and impacted over 4,000 companies across 86 counties.The foundation is set for an even more impactful 10 years ahead with Indiana’s potential to become the Innovation Capital of the World™.
Learn more about our initiatives:
- Elevate Me Initiative
An initiative that aims to reduce barriers for historically underserved entrepreneurs in Indiana and leverage collaboration to spur innovation, funding, and economic development amongst minority groups—specifically, Black, Brown, and female founders.
Elevate has set aside and actively deployed $13 million to invest in traditionally underserved, high-growth, high-potential companies and entrepreneurs throughout the state. To be eligible for funding, companies must be owned and controlled by Black, Brown and/or women founders, in addition to other qualifying businesses based on geographic, demographic and/or socioeconomic factors.
- Elevate Origins
A collection of online entrepreneurship training courses for growth-minded individuals, founders, and early-stage startups. Learn more: https://origins.elevateventures.com/
- Elevate Pre-Seed Fund
You have the big idea, we have the capital.
We’re here to help your innovation-driven company get off the starting block with the first check needed to execute customer discovery work, build your minimum viable product (MVP), or make your first sale. Elevate Ventures is investing $3M in as many companies as possible, with checks starting at $20K, to help aspirational entrepreneurs with innovative ideas become tomorrow’s leaders of growth-stage companies.
Are you ready to launch your startup or already in the market but need additional capital to validate product-market fit?
The Pre-Seed Fund might be right for you.
- Indiana Angel Network Fund III
Through the State Small Business Credit Initiative (SSBCI), Indiana secured up to $99 million in federal funding to expand access and increase capital for Hoosier entrepreneurs, startups and small businesses.
From this funding, $70 million is allocated to Elevate Ventures to support pre-seed and seed funding rounds for early-revenue companies through the Indiana Angel Network Fund III. This expansion will significantly increase Indiana’s ability to invest in innovation and grow the state’s startup ecosystem. A portion of the funding will be earmarked for investments in socially and economically disadvantaged individuals (SEDI), or historically underserved entrepreneurs to encourage greater economic equity across Indiana. Additional details about the program will be released soon. Learn more: https://elevateventures.com/resource/indiana-angel-network-fund-iii/
