What is Elevat?
Elevat is a technology company focused on delivering immediate value through its cloud platform, which seamlessly connects to IT business systems. The company's easily installed "edge gateways" enable factory machinery, trucks, and other assets to visualize key data points within Elevat's user-friendly cloud interface. This connectivity solution is designed to bridge the gap between operational technology and information technology, providing actionable insights from industrial assets.
How much funding has Elevat raised?
Elevat has raised a total of $21.7M across 3 funding rounds:
Debt
$150K
Debt
$9.5M
Private Equity
$12M
Debt (2020): $150K with participation from PPP
Debt (2020): $9.5M led by Emles Venture Partners and Keiretsu Forum
Private Equity (2026): $12M, investors not publicly disclosed
Key Investors in Elevat
Emles Venture Partners
Emles Venture Partners is an investor in this funding round. Further details on their investment focus are not publicly available.
Keiretsu Forum
Keiretsu Forum, founded in 2000 and headquartered in San Francisco, California, is a membership organization comprised of angel investors, venture capitalists, corporate/institutional investors, and serial entrepreneurs. They are an investor in this funding round.
PPP
Public-Private Partnership
What's next for Elevat?
With a substantial enterprise-level funding round, Elevat is poised for significant expansion. The strategic investment will likely fuel further development of its cloud platform and edge gateway technology, potentially enabling broader market penetration and the onboarding of more complex industrial clients. Future initiatives may include enhancing data analytics capabilities, expanding into new verticals, and strengthening its sales and support infrastructure to manage a growing customer base. The company's focus on visualizing key data points from physical assets positions it to capitalize on the increasing demand for IoT and industrial data solutions.
See full Elevat company page
