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.
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:1. Evrotrust
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
- Founded Year: 2015
- Location: Sofia (Bulgaria)
- Stage: Series B
- Total Funding till date: $13.8M
- Employee Count: 96 as on Sep 30, 2026
- Investors: 3TS Capital Partners, Elevator Lab and 6 Others
- Latest Funding Round: Series B, Nov 04, 2025, $*****
- Highlight: Editors' Pick

2. Nayax
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
- Founded Year: 2012
- Location: Cupertino (United States)
- Stage: Series A
- Total Funding till date: $20M
- Employee Count: 219 as on Sep 30, 2026
- Investors: Hanhai Investment, Canyon Oak Ventures and 7 Others
- Latest Funding Round: Series A, Sep 18, 2018, $*****
- Highlight: Editors' Pick
5. billon
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 |
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