When was Elevate founded?

Elevate was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Elevate located?

Elevate is headquartered in San Francisco, United States.

Who is the current CEO of Elevate?

Jesse Pickard of Elevate. They have also founded 1 company.

How many employees does Elevate have?

As of May 31, 2026, the latest employee count at Elevate is 97.

Is Elevate a funded company?

Elevate is a funded company, having raised a total of $14.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 09, 2011.

When was the latest funding round of Elevate?

Elevate's latest funding was a $***** Series B round on Sep 04, 2019, with participation from 2 investors.

Where does Elevate rank among its competitors?

Elevate ranks 4th amongst 88 active competitors, of which 25 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was BrainHQ, which secured $465K in Nov, 2025.

Who are the top competitors of Elevate?

Elevate's top competitors include Lumosity, Peak and BrainHQ. Among them, BrainHQ secured the most recent funding round in November, 2025.

Elevate - 2026 Company Profile, Team, Funding & Competitors

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 88 active competitors, including 25 funded and 5 that have exited. Its top competitors include companies like Lumosity, Peak and BrainHQ.

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
Social

Key Metrics

Founded Year

2010

Location

San Francisco, United States

Stage

Series B

Total Funding

$14.8M in 4 rounds

Latest Funding Round

Series B, Sep 04, 2019, $*****

Investors

Sequoia Capital & 11 more

Ranked

4^th among 88 active competitors

Employee Count

97 as on May 31, 2026

Similar Companies

Lumosity & 131 more

View Elevate's full profile

Elevate is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Elevate CIN: 50203084131 , Latvia, Deadpooled	Jul 28, 2017	€0 - €1M (As on Dec 31, 2021)	3 (As on Dec 31, 2021)	-
MINDSNACKS CIN: 272768714 , United States, Active	Dec 31, 1999	-	19 (As on Dec 31, 2018)	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 04, 2019	3864866	Series B	2972164	1230880	8325311	2615655
Aug 02, 2012	6269278	Series A	3845881	8052117	9069797	2024464
2011	8665	Seed	8245	9982	3452	Kapor Capital

Access funding benchmarks and valuations. Sign up today!

View details of Elevate's funding rounds and investors

The founders of Elevate are Jesse Pickard, Andy Mroczkowski and Karl Stenerud.

Here 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

Elevate's employee count trend

Elevate has 97 employees as of May 26. Here is Elevate's employee count trend over the years:

Uncover Elevate's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Elevate include Lumosity, Peak and BrainHQ. Here is the list of Top 10 competitors of Elevate, ranked by Tracxn score:

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	Norwest, Discovery Communications & 6 others	75/100
2nd	Peak 2012, London (United Kingdom), Acquired	Provider of brain training application for kids	$8.2M	Creandum, Qualcomm Ventures & 15 others	62/100
3rd	BrainHQ 2002, San Francisco (United States), Series A	Online brain training platform for cognitive improvement and brain health	$11.8M	Military Health, HHS	56/100
4th	Elevate 2010, San Francisco (United States), Series B	Science-backed brain training app to elevate cognitive skills and mental fitness	$14.8M	Felicis Ventures, Collab Fund & 10 others	55/100
5th	CogniFit 1999, New York City (United States), Series A	Brain training and cognitive assessment platform trusted by doctors and researchers	$5M	Naiot Venture Accelerator, Milk Capital	53/100
6th	NeuroNation 2008, Berlin (Germany), Series A	Online brain training for individuals	$7.37M	Impact Partners, VentureOut & 1 others	49/100
7th	Simcoach Games 2005, Pittsburgh (United States), Acquired	Innovative game-based solutions revolutionizing learning, training, and behavioral health	$605K	Richard King Mellon Foundation, Newlin Investment ... & 2 others	46/100
8th	LogicLike 2013, Minsk (Belarus), Seed	Mobile-based platform providing brain games for kids	-	MTS Venture Fund	46/100
9th	Brainwell 2015, San Francisco (United States), Seed	Developer of brain training games designed by neuropsychology and cognitive experts	$5M	Access Industries	42/100
10th	MentalUP 2018, London (United Kingdom), Seed	Provider of vocational educational games for kids	-	Türk Telekom Ventures, Amazon & 3 others	42/100