E
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 Elevate aims to replace outdated legacy systems with a streamlined, user-friendly solution that meets the demands of modern workplaces.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.
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
Valuation & funding
Elevate funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Oct 2024 | $20M | $140M | Anthemis Group · SaaS Growth Ventures · Fin Capital | ↗ |
| SERIES B✓Equity / VC | Apr 2023 | $28M | $112M | Greycroft Partners · Firebolt Ventures · Fin Capital · Anthemis Group | ↗ |
| SERIES A✓Equity / VC | Oct 2021 | $12M | $48M | Bowery Capital | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $2.4M | 0% | 32 |
| 2025 | $2.4M | 0% | 32 |
| 2024 | $2.4M | 0% | 26 |
| 2023 | $2.4M | 0% | 22 |
| 2022 | $2.4M | — | 20 |
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.
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.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
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London, United Kingdom | Operational | |||
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CogniWave DynamicsDesigns and implements tailored artificial intelligence solutions |
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DigitalWisersCommunity management and brand collaboration platform |
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HeroifyA skill testing platform for marketing and sales jobs |
Warsaw, Poland | Operational |
Talent graph
Elevate's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Elevate has talent and traffic
team presence
In the news
Latest news about Elevate
Recent press, funding announcements, and product moves mentioning Elevate — open to read from the original sources.
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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