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 Jul 31, 2026, the latest employee count at Elevate is 430.

Is Elevate a funded company?

Elevate is a funded company, having raised an undisclosed amount across 3 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 14, 2026, with participation from 3 investors. Its primary sector is Alternative Lending. In United States, the Alternative Lending sector has seen $4.98B in funding in 2026 to date.

What is the annual revenue of Elevate?

Annual revenue of Elevate is between $100M and $500M as on Dec 31, 2021

Where does Elevate rank among its competitors?

Elevate ranks 14th amongst 547 active competitors, of which 35 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Avant, which secured $300M in Jul, 2026.

Who are the top competitors of Elevate?

Elevate's top competitors include SoFi, Prosper and Moneylion. Among them, Avant secured the most recent funding round in July, 2026.

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 547 active competitors, including 35 funded and 29 that have exited. Its top competitors include companies like SoFi, Prosper and Moneylion.

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 14, 2026, $*****

Last Known Valuation

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

Investors

Sequoia Capital & 7 more

Ranked

14^th among 547 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2021

Employee Count

430 as on Jul 31, 2026

Investment & Acquisitions

Swell

Similar Companies

Uala & 774 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	$50M - $100M (As on Dec 31, 2016)	160 (As on Dec 31, 2018)
ELEVATE CREDIT, INC. CIN: 1651094 , United States, Active	Jan 30, 2014	$100M - $500M (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 $*****.

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

Elevate has raised funding over 3 rounds. Its first funding round was on Aug 27, 2015. Its latest funding round was a Conventional Debt round on Jul 14, 2026 for $*****. 3 investors participated in its latest round. Elevate has 8 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 14, 2026	3738390	Conventional Debt	6529396	9822442	1628078	7456954
Jul 26, 2016	2341236	Conventional Debt	5299112	4427012	5443800	Victory Park Capital Advisors
Aug 27, 2015	8532202	Conventional Debt	3371720	5721964	8816079	Victory Park Capital Advisors

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View details of Elevate's funding rounds and investors

Elevate's employee count trend

Elevate has 430 employees as of Jul 26. Here is Elevate's employee count trend over the years:

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Top competitors of Elevate include SoFi, Prosper and Moneylion. 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	Renren, Baseline Ventures & 79 others	87/100
2nd	Prosper 2005, San Francisco (United States), Series G	P2P Lending Marketplace	$414M	Meritech, Sequoia Capital & 48 others	83/100
3rd	Moneylion 2013, Sandy (United States), Acquired	Online platform for instant consumer loans and mobile banking	$268M	Edison Partners, Greenspring Associates & 20 others	82/100
4th	Avant 2012, Chicago (United States), Series E	Online platform for consumer loans	$905M	August Capital, Tiger Global Management & 29 others	77/100
5th	Best Egg 2000, Wilmington (United States), Acquired	Online platform for personal loans	$300M	Invus, Hoopp & 3 others	75/100
6th	OneMain Financial 1912, Evansville (United States), Public	Online unsecured personal and auto loans	-	Glen Capital, Varde Partners & 2 others	73/100
7th	Upgrade 2016, San Francisco (United States), Series G	Provider of consumer credit and banking products	$750M	CreditEase, FirstMark & 43 others	72/100
8th	Earnest 2013, San Francisco (United States), Acquired	Direct lender for student loan refinancing and personal loans	$107M	Battery Ventures, Adams Street Partners & 24 others	71/100
9th	Lendable 2014, London (United Kingdom), Series B	An online platform for personal loans	$293M	Ontario Teachers' Pension Plan, Goldman Sachs ... & 22 others	69/100
10th	LendingPoint 2014, Atlanta (United States), Series B	Personal loans provider offering financial solutions with proprietary technology and AI	$325M	Paragon Outcomes, MidCap Financial & 5 others	69/100
14th	Elevate 2014, Fort Worth (United States), Acquired	Provider of online credit solutions to consumers	-	Sequoia Capital, TCV & 6 others	60/100