# Elevate Capital

> Elevate Capital is a VC fund in Portland backing Software and Health Care. See 74 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Portland, United States
- Total investments: 74
- Last investment: Jul 2026
- Lead investor: 49%
- Last fund: Jan 2021
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/elevate-capital-fund/
- X (Twitter): https://www.twitter.com/pdxelevatevc
- Website: http://elevate.vc
- Facebook: https://www.facebook.com/Elevatevc/

Elevate Capital is a seed and early-stage investment firm with a primary focus in the Pacific Northwest and investing in under-represented founders. Elevate proudly maintains a 50/50 male/female founder split among its invested portfolio and has 100% of its investments where at least one co-founder is from a minority group (East Indian,Veterans, East Asian, African American, Latino, and etc.).

## Contacts

5 contacts available for Elevate Capital. Shizune tracks 2 team members at Elevate Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/elevate-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $250k–$3.1M |
| Pre-Seed | $365k–$1.1M |
| Series A | $2.3M–$15M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 14 | 19% |
| Health Care | 13 | 18% |
| SaaS | 8 | 11% |
| Artificial Intelligence | 7 | 9% |
| Information Technology | 6 | 8% |

121 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 39 | 53% |
| Pre-Seed | 7 | 9% |
| Series A | 6 | 8% |
| Venture - Series Unknown | 5 | 7% |
| Funding Round | 3 | 4% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 50 | 68% |
| Germany | 3 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jill Nelson | Executirve Partner | 0 | https://shizune.co/investors/profile/jill-nelson |
| Nitin Rai | Managing Director | 27 | https://shizune.co/investors/profile/nitin-rai |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MedZERO | MedZERO is the world's first mobile lending platform dedicated to serving the healthcare industry. Designed to meet a growing problem, medZERO helps people pay for ever-increasing portions of their healthcare costs. An employer benefit, medZERO enables employees to pay out-of-pocket medical bills without incurring high credit card interest or401k loan fees.MedZERO is a mobile application that provides employees of participating businesses immediate access to funds to pay medical costs with zero interest and zero fees. Payments are made with a pre-paid virtual MasterCard and repayment is completed over 12 months directly from payroll deductions.MedZERO was developed through a joint venture between Portland, Oregon-based Sortis Holdings (SOHI) and Kansas City, Missouri-based Mobile Capital Group. Sortis Holdings’ wholly owned subsidiary Sortis Financial provides a national loan servicing platform and Mobile Capital Group brings a payments technology that supports millions of lending transactions used by some of the nation’s largest payroll providers. |  | Venture - Series Unknown | Jul 02, 2026 |  |
| Phosio Corporation | Phosio Corporation develops a photoresist material for the fabrication of high aspect ratio nanostructures. The company was founded in 2018 as a spin-off from Oregon State University's Department of Chemistry and the NSF-funded Center for Sustainable Materials Chemistry. | $4M | Seed | May 13, 2026 |  |
| PortalSphere | PortalSphere is a B2B eCommerce platform built for Shopify stores, transforming them into wholesale portals with personalized pricing and intelligent upsells. ​Developed by B2B Plus, Inc. in Portland, OR, and serves brands in beauty, health, apparel, food, and home goods categories. ​ | $250K | Seed | Jan 12, 2026 |  |
| PortalSphere | PortalSphere is a B2B eCommerce platform built for Shopify stores, transforming them into wholesale portals with personalized pricing and intelligent upsells. ​Developed by B2B Plus, Inc. in Portland, OR, and serves brands in beauty, health, apparel, food, and home goods categories. ​ | $250K | Seed | Jan 12, 2026 |  |
| CleanHaus | CleanHaus provides an AI-powered operations platform tailored for short-term rental hosts and cleaners, automating scheduling, task management, inventory tracking, and payments to prevent missed turnovers and streamline collaboration. | $250K | Seed | Jan 12, 2026 |  |
| CleanHaus | CleanHaus provides an AI-powered operations platform tailored for short-term rental hosts and cleaners, automating scheduling, task management, inventory tracking, and payments to prevent missed turnovers and streamline collaboration. | $250K | Seed | Jan 12, 2026 |  |
| StrateSea Technology | StrateSea Technology is a startup specializing in AI/ML software for hydrographic and maritime applications. The company develops FeatureLab, a no-code platform that enables domain experts to build, train, and deploy custom computer vision models for analyzing sonar, multibeam, and geospatial data without requiring data science expertise. | $350K | Seed | Jan 12, 2026 |  |
| StrateSea Technology | StrateSea Technology is a startup specializing in AI/ML software for hydrographic and maritime applications. The company develops FeatureLab, a no-code platform that enables domain experts to build, train, and deploy custom computer vision models for analyzing sonar, multibeam, and geospatial data without requiring data science expertise. | $350K | Seed | Jan 12, 2026 |  |
| Overwatch Imaging | Overwatch Imaging designs and manufactures imaging systems with custom onboard AI software for piloted aircraft and drones. The precision imaging systems help organizations quickly find what they are looking for from the air, so they can focus less on the search and more on the best response. Specific uses of Overwatch Imaging systems includeautomated land surveillance, maritime patrol and search, and linear infrastructure inspection. Overwatch Imaging was founded in 2016 by UAS and airborne imaging experts and is based in Hood River, Oregon. | $500K |  | Jan 12, 2026 |  |
| Overwatch Imaging | Overwatch Imaging designs and manufactures imaging systems with custom onboard AI software for piloted aircraft and drones. The precision imaging systems help organizations quickly find what they are looking for from the air, so they can focus less on the search and more on the best response. Specific uses of Overwatch Imaging systems includeautomated land surveillance, maritime patrol and search, and linear infrastructure inspection. Overwatch Imaging was founded in 2016 by UAS and airborne imaging experts and is based in Hood River, Oregon. | $500K |  | Jan 12, 2026 |  |

10 of 74 investments shown.

## Co-investors
- [Cascade Seed Fund](https://shizune.co/investors/profile/cascade-angels-fund) — VC Fund, 6 deals together
- [Portland Seed Fund](https://shizune.co/investors/profile/portland-seed-fund) — VC Fund, 6 deals together
- [Gaingels](https://shizune.co/investors/profile/gaing) — VC Fund, 5 deals together
- [Oregon Venture Fund](https://shizune.co/investors/profile/oregon-angel-fund) — VC Fund, 5 deals together
- [Portfolia](https://shizune.co/investors/profile/portfolia) — VC Fund, 5 deals together
- [TiE Angels](https://shizune.co/investors/profile/tie-angels) — VC Fund, 5 deals together

## Similar investors

### Similar industry
- [Gaingels](https://shizune.co/investors/profile/gaing) — VC Fund
- [Citi Impact Fund](https://shizune.co/investors/profile/citi-impact-fund) — VC Fund
- [10X Capital](https://shizune.co/investors/profile/10x-capital) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## Featured in investor lists
- [Hospitality Investors in United States](https://shizune.co/investors/hospitality-investors-united-states)
- [Hospitality VC Funds in United States](https://shizune.co/investors/hospitality-vc-funds-united-states)
- [LGBT VC Funds](https://shizune.co/investors/lgbt-vc-funds)
- [LGBT Investors in United States](https://shizune.co/investors/lgbt-investors-united-states)
- [LGBT VC Funds in United States](https://shizune.co/investors/lgbt-vc-funds-united-states)
- [LGBT Investors](https://shizune.co/investors/lgbt-investors)

## FAQ

### What does Elevate Capital invest in?

Elevate Capital invests primarily in Software, Health Care and SaaS startups, most often at Seed and Pre-Seed stage. Most of the 74 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Elevate Capital's check size?

Elevate Capital typically joins rounds of $250k–$3.1M at Seed, $365k–$1.1M at Pre-Seed and $2.3M–$15M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Elevate Capital participates in.

### How do I contact Elevate Capital?

Public channels for Elevate Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Elevate Capital?

The team at Elevate Capital includes Jill Nelson (Executirve Partner) and Nitin Rai (Managing Director). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co