When was Elevat founded?

Elevat was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Elevat located?

Elevat is headquartered in Seattle, United States. It is registered at 12918 Mukilteo Spdwy, Suite C23 #1170 Lynnwood, WA 98087.

Who is the current CEO of Elevat?

William Hill and Adam Livesay s of Elevat. William Hill has also founded 1 company.

How many employees does Elevat have?

As of May 31, 2026, the latest employee count at Elevat is 18.

Is Elevat a funded company?

Elevat is a funded company, having raised a total of $25M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 14, 2017.

When was the latest funding round of Elevat?

Elevat's latest funding was a $***** Series B round on Jan 30, 2026, with participation from 0 investor.

Where does Elevat rank among its competitors?

Elevat ranks 24th amongst 1351 active competitors, of which 103 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Elevat, which secured $12M in Jan, 2026.

Who are the top competitors of Elevat?

Elevat's top competitors include Wright Express, Element and Netradyne. Among them, Elevat secured the most recent funding round in January, 2026.

Elevat - 2026 Company Profile, Team, Funding & Competitors

Elevat is a series B company based in Seattle (United States), founded in 2015 by William Hill and Adam Livesay. It operates as a Cloud-based IoT platform for managing connected assets. Elevat has raised $25M in funding. The company has 1351 active competitors, including 103 funded and 84 that have exited. Its top competitors include companies like Wright Express, Element and Netradyne.

Company Details

Elevat, a spin-off of Western Integrated Technologies, offers a cloud-based Industrial Internet of Things platform for managing connected assets throughout life cycles. It utilizes sensors on industrial machinery that feed into a central box that communicates to the cloud and the Elevat platform. The data can then be distributed directly to the user which can be visualized through a smartphone or laptop. It is hardware agnostic and claims to work with any gateway or connected device. Features multiple built-in customizable reporting widgets. The company additionally provides integration, custom development, and asset management services, and fleet optimization services.

Website: www.elevat-iot.com
Social
Email ID: *****@elevat-iot.com
Phone Number: +1 **********
Registered Address: 12918 Mukilteo Spdwy, Suite C23 #1170 Lynnwood, WA 98087

Key Metrics

Founded Year

2015

Location

Seattle, United States

Stage

Series B

Total Funding

$25M in 3 rounds

Latest Funding Round

Series B, Jan 30, 2026, $*****

Investors

Gaingels & 1 more

Ranked

24^th among 1351 active competitors

Employee Count

18 as on May 31, 2026

Similar Companies

Samsara & 1533 more

View Elevat's full profile

Elevat is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Elevat, Inc. CIN: 82-2829497 , United States, Active	Dec 31, 2014	-	11 (As on Dec 31, 2021)	-

Elevat has raised a total funding of $25M over 3 rounds. Its first funding round was on Nov 14, 2017. Elevat has 2 institutional investors.

Here is the list of recent funding rounds of Elevat:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 30, 2026	7775057	Series B	2210779	6455447	3110775	8568040
Nov 18, 2020	4499978	Series A	1324686	6914144	7580091	9826019
Nov 14, 2017	5500398	Seed	8241820	3296722	9240620	9702886

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View details of Elevat's funding rounds and investors

The founders of Elevat are William Hill and Adam Livesay. Adam Livesay and William Hill are the CEOs of Elevat.

Here are the details of Elevat's key team members:

William Hill: Co-Founder & Co-CEO of Elevat.
Contact Info: 1 email address
Adam Livesay: Co-Founder & Co-CEO of Elevat.
Contact Info: 1 email address

View details of Elevat's Founder profiles and Board Members

Elevat's employee count trend

Elevat has 18 employees as of May 26. Here is Elevat's employee count trend over the years:

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Top competitors of Elevat include Wright Express, Element and Netradyne. Here is the list of Top 10 competitors of Elevat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	NewStar Financial, Granite Health Growth Partners ... & 5 others	73/100
2nd	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	69/100
3rd	Netradyne 2015, San Diego (United States), Series D	AI-powered fleet safety camera system	$297M	SoftBank Vision Fund, M12 & 11 others	67/100
4th	Idelic 2016, Pittsburgh (United States), Acquired	Offers AI & SaaS-based fleet management software	$31.3M	Bain Capital Ventures, Highland Capital Partners ... & 10 others	63/100
5th	Zonar Systems 2001, Seattle (United States), Acquired	Cloud-enabled platform offering end-to-end fleet management solutions	$50M	Daimler Trucks North America	63/100
6th	MTAP 2013, Bengaluru (India), Seed	Cloud-driven sensor-based end-to-end fleet management solution for fleet operators	$555K	Vibgyor Consultants, Tyagesa Advisory & 14 others	62/100
7th	Ituran 1995, Tel Aviv (Israel), Public	Fleet management software for logistics and transport industry	-	-	62/100
8th	GoBOLT 2015, Gurugram (India), Series B	AI and SaaS based fleet management system solutions	$28.4M	Aavishkaar Capital, Paragon Partners & 8 others	62/100
9th	Parade 2015, Los Angeles (United States), Acquired	AI & web-based fleet optimization solution for transportation companies	$29.7M	I Squared, Menlo Ventures & 15 others	61/100
10th	Fleetx 2017, Gurugram (India), Series C	Provider of an AI platform for fleet and transportation management	$34.2M	Beenext, India Quotient & 44 others	60/100
24th	Elevat 2015, Seattle (United States), Series B	Cloud-based IoT platform for managing connected assets	$25M	Gaingels, D4 Investments	53/100