Elevate Funding: How Much Did They Raise & Key Investors

How Much Did Elevate Raise?
Funding & Key Investors

Elevate, a nonprofit organization focused on creating a just and equitable world, has secured $4M in total capital, with its most recent funding round bringing in $2M through a major strategic investment on March 25, 2021. This latest financing underscores the organization's significant progress and its ongoing mission to ensure clean and affordable heat, power, and water for all communities.

What is Elevate?

Elevate

Organizations

Non-Profit & Charitable Organizations

Elevate is a 501(c)(3) nonprofit organization headquartered in Chicago, operating nationally to foster a world where equitable access to essential resources like heat, power, and water is a reality for everyone, regardless of their background or location. The organization's work is critical in addressing systemic inequalities and promoting sustainable community development.

How much funding has Elevate raised?

Elevate has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

Debt (2020): $2M with participation from PPP

Debt (2021): $2M led by PPP

Key Investors in Elevate

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Elevate?

The substantial enterprise-level funding and recent strategic investment indicate that Elevate is likely in a scaling phase, aiming to expand its national reach and deepen its impact. This capital infusion is expected to fuel further program development, operational enhancements, and strategic partnerships, enabling Elevate to accelerate its mission of achieving energy and water equity across the United States. The organization's trajectory suggests a strong focus on long-term growth and sustainability.

See full Elevate company page

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