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About Elevator Lab

Elevator Lab, an accelerator and incubator program founded in 2018, is based in Vienna, Austria. With a presence in 18 countries, it has supported around 27 startups in sectors like Enterprise Applications, High Tech. As of Oct 2026, Elevator Lab has witnessed 4 portfolio exits. Most notable companies in its portfolio include Evrotrust, Nayax and Minna Technologies. The program primarily supports startups based in Israel, Bulgaria.
Key Metrics
Founded Year
2018
Location
Vienna, Austria
Portfolio Companies
Sectors of Investment
Locations of Investment

Elevator Lab's List of Top Investments

Elevator Lab has a portfolio of 27 companies. Their most notable investments include Evrotrust and Nayax.Their portfolio spans across Israel, Bulgaria, France and 15 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 8 other sectors. Here is the list of top investments by Elevator Lab:
AI based identity verification platform for businesses. The platform offers a mobile application for the electronic identification of persons and the electronic signing of documents. The platform uses machine learning technology for automated face recognition and processing of identity documents. It enables users to digitally sign documents or contracts, store in the cloud, and send to counterparties. It allows users to sign personal documents and by enterprises for remote contract signing and client onboarding.

Key facts about Evrotrust

Vending machine-based payment solutions. Its solutions include telemetry systems, monitoring business suites for the unattended machine industries, and more. It offers products including card terminals and a management dashboard for the products and services to customers.

Key facts about Nayax

  • Founded Year: 2005
  • Location: Tel Aviv (Israel)
  • Last Known Valuation: $*****
  • Stage: Acquired
  • Total Funding till date: $84.5M
  • Employee Count: 500 - 999 as on Mar 01, 2026
  • Investors: SafeCharge, Elevator Lab and 1 Other
  • Latest Funding Round: Series C, Jan 02, 2020, $*****
  • Highlight: Acquired
Provider of technology solutions that empower businesses to fight fraud. The company offers intelligence throughout the purchase journey to close communication gaps. Its solutions enable stakeholders in the payments ecosystem to access insights. The company's offerings help reduce chargebacks and improve customer experiences.

Key facts about Minna Technologies

  • Founded Year: 2016
  • Location: Gothenburg (Sweden)
  • Annual Revenue: $1M - $10M as on Dec 31, 2023
  • Stage: Acquired
  • Total Funding till date: $28M
  • Employee Count: 18 as on Aug 31, 2026
  • Investors: Visa, MiddleGame Ventures and 7 Others
  • Latest Funding Round: Series B, Jan 14, 2021, $*****
  • Highlight: Acquired

4. Moxo

Provider of enterprise collaboration and workflow management platform. It provides solutions that enable businesses to engage with clients, vendors, and partners in real time. The platform offers a digital interaction workspace to connect with clients and manage projects. It offers tools to manage processes such as client onboarding, account servicing, and more. Features include meeting scheduling, file requests and forms management, digital signature management, workflow automation, document collection, project management, task mapping, KPI tracking, and more. It is a tool available on the subscription based pricing model.

Key facts about Moxo

Billon is a blockchain-based payments infrastructure for businesses and government institutions. It provides an encrypted architecture that can be integrated with the bank in the back end. It manages the bank’s use cases, client accounts, and transfers within an ecosystem of computers and phones. It features accounts & transaction management, document management, tokenization & data sharing, and more.

Key facts about billon

  • Founded Year: 2012
  • Location: Warsaw (Poland)
  • Stage: Series A
  • Total Funding till date: $16M
  • Employee Count: 40 as on Aug 31, 2026
  • Investors: Rising Tide Fund, DSA Investments and 10 Others
  • Latest Funding Round: Grant (prize money), Dec 20, 2021, $*****
  • Highlight: Editors' Pick

Acquired companies in Elevator Lab's Portfolio

4 companies from Elevator Lab's portfolio have been acquired. The most recent acquisition was Minna Technologies in Oct 2024 by Mastercard for $*****.
Here are Elevator Lab's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Oct 01, 2024
-
-
2473
Jan 14, 2024
-
-
9553
Mar 28, 2023
-
-
3610
Dec 23, 2021
-
-
5372

Recent News related to Elevator Lab

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Elevator Lab: fourth round with new set-upFF News | Fintech Finance•May 26, 2020•Elevator Lab
View all news related to Elevator Lab

FAQs about Elevator Lab

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