Early-Stage Venture Capital

We invest in high-potential innovative companies with a minimum $1B TAM at the pre-seed, seed, and early stages.

Early-stage venture capital

Investing in high-potential entrepreneurs and fueling ambition in Indiana.


Who are you?

The Entrepreneur

Our team is full of people just like you who are committed to reducing the barrier to entry to entrepreneurship, staying with you throughout the process, and helping you realize your ambitions.


The Investor

We are consistently pinpointing the most innovative minds in the state and supporting them with critical capital, connections, and resources so they can reach success and you can get the most out of your investment.


An investment philosophy centered on entrepreneurs

Early Investment

Support at Every Stage

Intentional Regional Focus

Early Investment

We recognize just how crucial it is for entrepreneurs to gain support early. Some firms claim to invest early only to backtrack later, but we ranked #5 in early-stage investment globally in 2020. We are committed equally to the entrepreneur and their idea.

Support at Every Stage

Too often, entrepreneurs are not given support and coaching until after investment. Elevate spends an average of 4 months with companies if we see potential, even before officially investing.

Intentional Regional Focus

We want to help entrepreneurs in Indiana win. That’s why we have Entrepreneurs-in-Residence who understand the nuanced challenges each region may present to founders as they build their businesses. Our EIRs have helped companies in 87 out of the 92 counties in Indiana.

Where we invest

High-growth, high-potential entrepreneurs working in:

Advanced Food & Agriculture
Advanced Manufacturing / Defense / Aerospace
Drug Development / Life Science / Medical Device
Technology-Enabled Products & Services / Security


Over 3,900 entrepreneurs impacted and poised for success


venture capital firm in the Great Lakes region*


Indiana startups have received funding from Elevate


invested by Elevate


Portfolio Exits


private co-investment alongside Elevate

* According to Pitchbook League Tables

Our portfolio of companies