A/VC  Elevate Ventures

http://www.elevateventures.com





     Office Locations:

50 East 91st St., Suite 213
Indianapolis, IN 46240
Phone: 317-252-0258
Fax: 317-252-0255

 

Stages:

  • Early
  • Seed


 

Industries:

  • Communications & Networking
  • Defense & Homeland Security
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Software & Internet

  •  

    Description:

    Elevate Ventures nurtures and develops emerging and existing high-potential businesses into high-performing, Indiana-based companies. The three funds managed by Elevate Ventures provide startup capital to Indiana companies in the life sciences, information technology and advanced manufacturing industries. The Indiana Community Development Fund is dedicated to supporting community-interested assets focused on early-stage businesses in Indiana with high growth potential. This program is initially available in the Northern Indiana regions, but will be expanded to Southern Indiana as this region becomes part of Elevate Ventures' statewide network. The ICD Fund's maximum investment size is $50,000 per company. The Indiana Angel Network Fund is a source of seed capital dedicated to discovering and nurturing emerging, high-potential, innovation-based companies within the State of Indiana. The IAN Fund's maximum investment size is currently $125,000 per company. The goal of the 21st Century Fund is to support the resolution of next-stage capital formation issues by co-investing with institutional investors in order to further build innovative, high-impact, high-growth companies. The 21 Fund's maximum investment size is $1 million per company.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Barbara Uggen-Davis Chief Financial Officer
    Chris LaMothe CEO
    Phil Lodato Chief Compliance Officer
    Rosanne Burge Senior Partner
    Ting Gootee Chief Investment Officer

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      03/14/2018


      On Target Laboratories


      IN


      $44,000,000


      Series B


      01/22/2018


      Springbuk


      IN


      $20,000,000


      Series B


      09/15/2017


      Costello


      IN


      $1,000,000


      


      08/30/2017


      Upper Hand


      IN


      $2,400,000


      Venture


     

    Portfolio companies include:


      Aarden
        web link


      Applied Biotherapeutics
        web link


      Ash Access
        web link


      BioVitesse
        web link


      Blue Pillar
        web link


      Bolstra
        web link


      CloudOne
        web link


      Companion Diagnostics
        web link


      Costello
        web link


      CS-Keys
        web link


      Curvo
        web link


      Emerging Threats
        web link


      Endocyte
        web link


      Fast BioMedical
        web link


      FlowCo
        web link


      Gusto
        web link


      Immune Works
        web link


      Indiana Nanotech
        web link


      Kylin Therapeutics
        web link


      Marcadia Biotech
        web link


      MaxTradeIn
        web link


      Morris Innovative
        web link


      Nanovis
        web link


      OBS Medical
        web link


      On Target Laboratories
        web link


      OrthoPediatrics
        web link


      ParaPRO
        web link


      PartTec
        web link


      PDS Biotechnology
        web link


      Perfinity
        web link


      Prosolia
        web link


      Schwartz Biomedical
        web link


      Semafore
        web link


      Sites Medical
        web link


      SonarMed
        web link


      Springbuk
        web link


      Symbios
        web link


      Therametric Technologies
        web link


      Upper Hand
        web link


      VitaCyte
        web link


      Wolfpack Chassis
        web link


     

    Recent News: