Elevate - About the company
Elevate is a series B company based in San Francisco (United States), founded in 2010 by Jesse Pickard, Andy Mroczkowski and Karl Stenerud. It operates as a Science-backed brain training app to elevate cognitive skills and mental fitness. Elevate has raised $14.8M in funding from Sequoia Capital and Keesing Media Group. The company has 84 active competitors, including 25 funded and 5 that have exited. Its top competitors include companies like Lumosity, Simcoach Games and Peak.
Company Details
Science-backed brain training app to elevate cognitive skills and mental fitness. The company provides personalized brain training through engaging, science-backed brain games. The app strengthens reading, writing, speaking, memory, and math skills. Daily puzzles are designed to increase problem-solving skills and boost creativity. Users can understand their strengths and areas for growth, comparing themselves with others. The company offers mental fitness apps for every mind and mood. It is a B2C tech company in the software industry, providing a subscription-based service for brain training and cognitive enhancement. The app is designed to have a positive social impact by improving users' mental fitness and cognitive abilities.
- Website
- elevateapp.com
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Series B
Total Funding
$14.8M in 4 rounds
Latest Funding Round
Investors
Ranked
7th among 84 active competitors
Legal entities associated with Elevate
Elevate is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MINDSNACKS CIN: 272768714 , United States, Active | Dec 31, 1999 | - | 19 (As on Dec 31, 2022) | - |
Elevate CIN: 50203084131 , Latvia, Deadpooled | Jul 28, 2017 | $33.3K (As on Dec 31, 2021) | 3 (As on Dec 31, 2021) | - |
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Elevate's funding and investors
Elevate has raised a total funding of $14.8M over 4 rounds. Its first funding round was on Mar 09, 2011. Its latest funding round was a Series B round on Sep 04, 2019 for $*****. 2 investors participated in its latest round. Elevate has 12 institutional investors.
Here is the list of recent funding rounds of Elevate:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 04, 2019 | 1203651 | Series B | 4356165 | 2967010 | 8552627 | 4904247 |
Aug 02, 2012 | 2836031 | Series A | 5488960 | 1276080 | 1688709 | 9867872 |
2011 | 9161 | Seed | 2900 | 4285 | 7757 |
View details of Elevate's funding rounds and investors
Elevate's founders and board of directors
Founder? Claim ProfileHere are the details of Elevate's key team members:
- Jesse Pickard: Co-Founder & CEO of Elevate and founder of 2 other companies, Balance App and MindSnacks.
- Andy Mroczkowski: Co-Founder of Elevate and founder of 1 other company.
- Karl Stenerud: Co-Founder of Elevate and founder of 1 other company.
View details of Elevate's Founder profiles and Board Members
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Elevate's Competitors and alternates
Top competitors of Elevate include Lumosity, Simcoach Games and Peak. Here is the list of Top 10 competitors of Elevate, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lumosity 2005, San Francisco (United States), Series D | Developer of web and app-based games for brain training | $67.4M | 77/100 | |
2nd | Simcoach Games 2005, Pittsburgh (United States), Acquired | Innovative game-based solutions revolutionizing learning, training, and behavioral health | $605K | 61/100 | |
3rd | Peak 2012, London (United Kingdom), Acquired | Provider of brain training application for kids | $8.2M | 56/100 | |
4th | Provider of a digital therapeutic software for rehab patients and brain training for professionals | $4.72M | 55/100 | ||
5th | BrainHQ 2002, San Francisco (United States), Series A | Online brain training platform for cognitive improvement and brain health | $11.8M | 53/100 | |
6th | CogniFit 1999, New York City (United States), Series A | Brain training and cognitive assessment platform trusted by doctors and researchers | $5M | 53/100 | |
7th | Elevate 2010, San Francisco (United States), Series B | Science-backed brain training app to elevate cognitive skills and mental fitness | $14.8M | 53/100 | |
8th | NeuroNation 2008, Berlin (Germany), Series A | Online brain training for individuals | $7.37M | 49/100 | |
9th | Mobile-based platform providing brain games for kids | - | 46/100 | ||
10th | Waking Up 1999, Los Angeles (United States), Funding Raised | Provider of an app for meditation | - | 43/100 |
Looking for more details on Elevate's competitors? Click here to see the top ones
Elevate's Investments and acquisitions
Elevate has made no investments or acquisitions yet.
News related to Elevate
Media has covered Elevate for 1 event in last 1 year, It was about company updates.
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Brazil’s Azul to lease three A330-200s from Elevate Supportch-aviation•Oct 09, 2025•Elevate, Azul Linhas Aereas
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Elevate Benefits Platform Raises $28 Million in Growth FundingSilicon Valley Journals•Apr 12, 2023•Elevate, Anthemis Group, Fin Capital, Norwest Venture Partners and 4 others
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High-tech NFT business launched with £1m investmentTheBusinessDesk.com•Aug 22, 2022•Elevate, Woodbourne Group, , eBay
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ELEVATE Chooses Procore as Its Construction Management PlatformCalgary Herald•Jun 23, 2021•Procore, Elevate, Elevate Build
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Elevate Brands Expands Amazon Marketplace Roll Up Business Internationally with U.K. OfficeBusiness Wire•Jun 22, 2021•Elevate
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ChannelAdvisor Elevate stand alone repricing solution launched for the USChannelX•Oct 08, 2019•Elevate
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