When was Elevate founded?

Elevate was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Elevate located?

Elevate is headquartered in Fort Worth, United States. It is registered at Fort Worth, Texas.

How many employees does Elevate have?

As of Jan 09, 2026, the latest employee count at Elevate is 434.

Is Elevate a funded company?

Elevate is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Aug 27, 2015.

How much is Elevate worth?

The last known valuation of Elevate was $***** as of Nov 16, 2022.

When was the latest funding round of Elevate?

Elevate's latest funding was a $***** Conventional Debt round on Jul 26, 2016, with participation from 1 investor.

What is the annual revenue of Elevate?

Annual revenue of Elevate is $417M as on Dec 31, 2021.

Where does Elevate rank among its competitors?

Elevate ranks 21st amongst 519 active competitors, of which 36 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was LendingPoint, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Elevate?

Elevate's top competitors include SoFi, Moneylion and Prosper. Among them, LendingPoint secured the most recent funding round in November, 2025.

Elevate - 2026 Company Profile, Funding, Competitors & Financials

Elevate is an acquired company based in Fort Worth (United States), founded in 2014. It operates as a Provider of online credit solutions to consumers. Elevate has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 519 active competitors, including 36 funded and 28 that have exited. Its top competitors include companies like SoFi, Moneylion and Prosper.

Company Details

Provider of online credit solutions to consumers. Its main products include online installment loans, online short-term lenders, and lines of credit for borrowers.

Website: www.elevate.com/
Social
Registered Address: Fort Worth, Texas

Key Metrics

Founded Year

2014

Location

Fort Worth, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, Jul 26, 2016, $*****

Last Known Valuation

$***** as on Nov 16, 2022

Investors

TCV & 4 more

Ranked

21^st among 519 active competitors

Annual Revenue

$417M as on Dec 31, 2021

Employee Count

434 as on Jan 09, 2026

Investment & Acquisitions

Swell

Similar Companies

Best Egg & 677 more

Exit Details

Acquired by Park Cities Asset Management (Nov 16, 2022)

View Elevate's full profile

Elevate is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ELEVATE CREDIT INTERNATIONAL LIMITED CIN: 5041905 , United Kingdom, Active	Feb 11, 2004	$87.6M (As on Dec 31, 2016)	160 (As on Dec 31, 2018)
ELEVATE CREDIT, INC. CIN: 1651094 , United States, Active	Jan 30, 2014	$417M (As on Dec 31, 2021)	-	-
ELEVATE CREDIT SERVICE, LLC CIN: 464714474 , United States, Active	Dec 26, 999	-	314 (As on Dec 31, 2024)	-

Elevate got acquired by Park Cities Asset Management on Nov 16, 2022 at an acquisition amount of $67M. It was facilitated by Morgan Stanley, Haynes and Boone, Morrison & Foerster and 2 more.

Click here to take a look at Elevate's acquisition in detail

Elevate has raised funding over 2 rounds. Its first funding round was on Aug 27, 2015. Its latest funding round was a Conventional Debt round on Jul 26, 2016 for $*****. 1 investor participated in its latest round. Elevate has 5 institutional investors.

Here is the list of recent funding rounds of Elevate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 26, 2016	1471395	Conventional Debt	2188191	4484651	2605338	3686884
Aug 27, 2015	8063973	Conventional Debt	1943132	9797370	4109045	Victory Park Capital Advisors

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View details of Elevate's funding rounds and investors

Elevate's employee count trend

Elevate has 434 employees as of Jan 26. Here is Elevate's employee count trend over the years:

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Top competitors of Elevate include SoFi, Moneylion and Prosper. 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	SoFi 2011, San Francisco (United States), Public	Online bank offering consumer loans and insurances	$3.04B	Baseline Ventures, Renren & 75 others	87/100
2nd	Moneylion 2013, Sandy (United States), Acquired	Online platform for instant consumer loans and mobile banking	$268M	Edison Partners, Greenspring Associates & 20 others	83/100
3rd	Prosper 2005, San Francisco (United States), Series G	P2P Lending Marketplace	$414M	QED Investors, Meritech & 48 others	82/100
4th	Tala 2011, Santa Monica (United States), Series E	Provider of a platform offering credit and digital financial services	$346M	Lowercase Capital, IVP & 51 others	79/100
5th	Best Egg 2000, Wilmington (United States), Acquired	Online platform for personal loans	$300M	Hoopp, Invus & 3 others	78/100
6th	Avant 2012, Chicago (United States), Series E	Online platform for consumer loans	$905M	August Capital, Tiger Global Management & 26 others	77/100
7th	Upgrade 2016, San Francisco (United States), Series G	Provider of consumer credit and banking products	$750M	FirstMark, CreditEase & 42 others	73/100
8th	Earnest 2013, San Francisco (United States), Acquired	Direct lender for student loan refinancing and personal loans	$107M	Battery Ventures, Cross Creek & 24 others	72/100
9th	OneMain Financial 1912, Evansville (United States), Public	Online unsecured personal and auto loans	-	Apollo Global Management, Glen Capital & 2 others	71/100
10th	LendingPoint 2014, Atlanta (United States), Series B	Personal loans provider offering financial solutions with proprietary technology and AI	$325M	Warburg Pincus, Apollo Investment Corporation ... & 5 others	71/100
21st	Elevate 2014, Fort Worth (United States), Acquired	Provider of online credit solutions to consumers	-	TCV, Sequoia Capital & 3 others	58/100