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Elevate

AI · Denver, United States · Founded 2020

Providing employees with better benefits and a more modern platform to use them on MoreLess

Elevate Inc. is a cutting-edge platform designed to transform the employee benefits landscape, making it more efficient for employers and more rewarding for employees. Operating in the employee benefits market, Elevate serves a diverse range of clients including over 60,000 employers and 10 million participants. The platform leverages advanced technologies such as HIPAA-compliant AI, OCR machine learning, and ETL tools to offer features like 24/7 conversational AI support, instant claims processing, and same-day reimbursements. This ensures that employees receive timely and accurate benefits without the hassle of traditional systems. Elevate's business model focuses on providing a subscription-based service to employers, who in turn offer these enhanced benefits to their employees. Revenue is generated through subscription fees and partnerships with 165 industry partners. The platform's intuitive technology and proactive communication tools help employers make better decisions, while human support from trained professionals adds a personal touch. Elevate aims to replace outdated legacy systems with a streamlined, user-friendly solution that meets the demands of modern workplaces.

Keywords: employee benefits, AI support, instant claims, same-day reimbursements, HIPAA-compliant, OCR machine learning, ETL tools, subscription-based, proactive communication, human support.

Valuation $100–500M
Revenue $1–10M
Headcount <100
Total funding $50–100M
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Company overview

Elevate company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2020
Headquarters
Denver, United States
Employees
32
Open positions
None listed
Dealroom signal
83.5
client focusb2btechnologyArtificial IntelligencesectorHuman Resourcesbusiness modelSaaSsectorCore AIsectorEmployee BenefitssectorAI ApplicationsindustryEnterprise Software

Valuation & funding

Elevate funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Oct 2024 $20M $140M Anthemis Group · SaaS Growth Ventures · Fin Capital
SERIES BEquity / VC Apr 2023 $28M $112M Greycroft Partners · Firebolt Ventures · Fin Capital · Anthemis Group
SERIES AEquity / VC Oct 2021 $12M $48M Bowery Capital
Showing 3 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $2.4M 0% 32
2025 $2.4M 0% 32
2024 $2.4M 0% 26
2023 $2.4M 0% 22
2022 $2.4M 20
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Elevate website traffic

Latest recorded traffic for Elevate is 10K monthly website visits, up 88.7% over the last three months. Elevate's team grew 0% over the past year.

Latest monthly visits10K 3-month web change+88.7% 1-year team growth0%
Monthly website visits46 observations · Oct 2022–Jul 2026
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Comparisons

Elevate compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Elevate's talent

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Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

9 investors on Elevate's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 7 investors entered at this stage
Bowery Capital
Anthemis Group
Greycroft Partners
Firebolt Ventures
Fin Capital
Norwest Venture Partners
SaaS Growth Ventures
Other known 2 additional known investors
Female Innovators Lab
Foxe Capital

Global footprint

Where Elevate has talent and traffic

Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

In the news

Latest news about Elevate

Recent press, funding announcements, and product moves mentioning Elevate — open to read from the original sources.

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Market sentiment

What the market is saying about Elevate

An AI-synthesized read of the highest-engagement posts about Elevate on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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