When was Elevate founded?

Elevate was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Elevate located?

Elevate is headquartered in New York City, United States.

Who is the current CEO of Elevate?

Scott Cara of Elevate. They have also founded 1 company.

Is Elevate a funded company?

Elevate is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2024.

When was the latest funding round of Elevate?

Elevate's latest funding was a $***** Seed round on 2024, with participation from 1 investor. Its primary sector is Business Intelligence. In United States, the Business Intelligence sector has seen $8.29B in funding in 2026 to date.

Where does Elevate rank among its competitors?

Elevate ranks 8th amongst 48 active competitors, of which 8 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Clario, which secured $6M in Jun, 2026.

Who are the top competitors of Elevate?

Elevate's top competitors include Aperio, Osmos and Cleanlab AI. Among them, Clario secured the most recent funding round in June, 2026.

Elevate - 2026 Company Profile, Team, Funding & Competitors

Elevate is a seed company based in New York City (United States), founded in 2024 by Scott Cara and Angelica Schwartz. It operates as a Provider of AI-powered purchasing and payment solutions for businesses. Elevate has raised $500K in funding. The company has 48 active competitors, including 8 funded and 4 that have exited. Its top competitors include companies like Aperio, Osmos and Cleanlab AI.

Company Details

Provider of AI-powered purchasing and payment solutions for businesses. It provides API that enables transactions and purchasing capabilities across the internet.

Website: useelevate.dev
Social
Email ID: *****@useelevate.dev
Phone Number: +1 **********

Key Metrics

Founded Year

2024

Location

New York City, United States

Stage

Seed

Total Funding

$500K in 1 round

Latest Funding Round

Seed, 2024, $*****

Investors

Y Combinator

Ranked

8^th among 48 active competitors

Similar Companies

Osmos & 21 more

View Elevate's full profile

Elevate has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2024 for $*****. 1 investor participated in its latest round. Elevate has 1 institutional investor.

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
2024	6411	Seed	9861	7156	6991	8305

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View details of Elevate's funding rounds and investors

The founders of Elevate are Scott Cara and Angelica Schwartz. Scott Cara is the CEO of Elevate.

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

Scott Cara: Co-Founder & CEO of Elevate.
Contact Info: 1 email address
Angelica Schwartz: Former Co-Founder & CTO of Elevate.

View details of Elevate's Founder profiles and Board Members

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Top competitors of Elevate include Aperio, Osmos and Cleanlab AI. 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	Aperio 2017, Boston (United States), Series A	AI based data cleansing and migration solution provider	$24M	Momenta, National Grid Partners & 6 others	59/100
2nd	Osmos 2019, Seattle (United States), Acquired	Provider of AI-powered data engineering platform automating data cleaning and ingestion	$13M	Lightspeed Venture Partners, CRV & 4 others	52/100
3rd	Cleanlab AI 2021, Cambridge (United States), Acquired	Provider of a platform offering data cleansing solutions	$30M	Bain Capital Ventures, TQ Ventures & 6 others	51/100
4th	Cornerstone 2014, New York City (United States), Series A	Developer of an AI assistant for cleaning healthcare data	$5M	Acrew Capital, Healthy Ventures & 4 others	42/100
5th	YZR 2018, France, Series A	AI based platform offering data management solutions	$14.4M	Nauta Capital, Orange Ventures & 11 others	41/100
6th	Clario 2026, Menlo Park (United States), Seed	Provider of software that identifies and removes redundant unstructured data	$6M	Preface Ventures, Ridge Ventures & 10 others	35/100
7th	Redem 2020, Linz (Austria), Acquired	Cloud based cleansing and migration software solution provider	-	-	33/100
8th	Elevate 2024, New York City (United States), Seed	Provider of AI-powered purchasing and payment solutions for businesses	$500K	Y Combinator	32/100
9th	Audaque Data Technology 2011, Shenzhen (China), Funding Raised	Data management and cleaning	-	Shenzhen Guozhong Venture Capital Management, Oriental Fortune Capital ... Read more	31/100
10th	Scrub AI 2020, London (United Kingdom), Funding Raised	AI based data cleansing solutions provider	-	Lloyd’s Lab Accelerator	31/100