About BAM Elevate
BAM Elevate is a venture capital firm founded in 2001. It is primarily based out of Boston, United States. As of May 2026, BAM Elevate has invested in 17 companies. It primarily invests in Series D round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Food and Agriculture Tech. Most recently it participated in the $***** Series E round of Astranis Overall, BAM Elevate portfolio has seen 11 unicorns including key companies like Envoy, Carbon Health and Fireblocks. A lot of funds co-invest with BAM Elevate, with names like Premji Invest sharing a substantial percentage of its portfolio. BAM Elevate has team of 4 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series D, Series B & 3 more
Portfolio Soonicorns
Deals in last 12 months
BAM Elevate's List of Top Investments
BAM Elevate has a portfolio of 17 companies, including 11 unicorns. Their most notable investments are in Craft and Leap.Their portfolio spans across United States, India and Israel. They have invested in Enterprise Applications, High Tech, Food and Agriculture Tech and 16 other sectors, across stages such as Series D, Series B and 3 more. Here is the list of top investments by BAM Elevate:1. Envoy
SaaS-driven workplace and office management solutions for facility managers. Its solutions include visitor management, desk and room booking, delivery management, etc.
Key facts about Envoy
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $170M
- Employee Count: 453 as on May 31, 2026
- Investors: Menlo Ventures, TriplePoint Capital and 19 Others
- Latest Funding Round: Series C, Jan 11, 2022, $*****
- Highlight: Editors' Pick
Provider of a wide range of healthcare services. The platform allows patients to book appointments, message provider, view health history, and manage prescriptions all in one place. Users can also order diagnostic tests and medicines at home.
Key facts about Carbon Health
- Founded Year: 2015
- Location: Seattle (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $614M
- Employee Count: 1,092 as on May 31, 2026
- Investors: Silver Lake, Dragoneer Investment Group and 64 Others
- Latest Funding Round: Series D, Jan 09, 2023, $*****
- Highlight: Editors' Pick
3. Fireblocks
Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service. The platform offers APIs to custody, manage treasury operations, access Defi, mint and burn tokens, and manage their digital asset operation.
Key facts about Fireblocks
- Founded Year: 2018
- Location: New York (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.04B
- Employee Count: 966 as on May 31, 2026
- Investors: Tenaya Capital, CapitalG and 38 Others
- Latest Funding Round: Series E, Jan 27, 2022, $*****
- Highlight: Editors' Pick
4. AlphaSense
AI powered market intelligence and search platform. It collects finance data from SEC filings, broker research, conference call transcripts, investor relation presentations, and more. It offers equity research reports on different sectors, companies, and industries. Its features include AI chat assistant, competitor monitoring, summaries, collaboration, analytics, and more. It caters its solutions to industries such as finance, life science, telecom, and more.
Key facts about AlphaSense
- Founded Year: 2011
- Location: New York (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.74B
- Employee Count: 3,170 as on May 31, 2026
- Investors: AllianceBernstein, CapitalG and 41 Others
- Latest Funding Round: Series F, Jun 03, 2026, $*****
- Highlight: Editors' Pick
5. RapidSOS
Provider of an intelligent safety platform connecting data to first responders. The platform securely links data from connected devices and buildings directly to emergency services and field responders. It offers solutions for public safety agencies and private organizations. The platform aims to provide critical insights to assist in emergency response situations.
Key facts about RapidSOS
BAM Elevate's Year-on-Year Investment Trends
BAM Elevate has invested in 17 companies over the last 4 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 1 investment, while as of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Applied Intuition and most recent follow-on round was in Astranis.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 1 | 0 | 1 |
2024 | 3 | 1 | 4 |
2023 | 3 | 0 | 3 |
2022 | 5 | 0 | 5 |
BAM Elevate's Investments by Stage
BAM Elevate has made 4 investments in Series D stage with an average round size of $105M, 3 investments in Series B stage with an average round size of $181M, 2 investments in Series C stage with an average round size of $45M, 2 investments in Series E stage with an average round size of $275M and 1 investment in Series F stage with an average round size of $600M.Stage of entry | No. of Investments |
|---|---|
Series D | 4 |
Series B | 3 |
Series C | 2 |
Series E | 2 |
Series F | 1 |
Note: We have considered here, only first round of investments
BAM Elevate's Investments by Sector
BAM Elevate has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Vertical SaaS and Artificial Intelligence - Industry Applications. Notably, it has invested in 17 Tech companies, 15 Enterprise (B2B) companies, 11 Software companies and at least 9 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
High Tech | 5 |
FinTech | 3 |
Vertical SaaS | 3 |
Artificial Intelligence - Industry Applications | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
BAM Elevate's Investments by Geography
BAM Elevate has made most investments in United States (12), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 12 |
India | 1 |
Note: We have considered here, only first round of investments
BAM Elevate's recent investments
BAM Elevate has made 1 investments in 2026 so far - Astranis.Here are the most recent investments by BAM Elevate:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 06, 2026 | United States | Series E | 3435 | [+7] | |
Jun 17, 2025 | United States | Series F | 8871 | [+15] | |
Oct 02, 2024 | United States | Series B | 8773 | [+17] | |
Jul 24, 2024 | United States | Series D | 1738 | [+12] | |
Jul 15, 2024 | United States | Series D | 6671 |
Unicorns in BAM Elevate's Portfolio
BAM Elevate has 11 unicorns in its portfolio - RapidSOS, Poolside, AlphaSense and others. The most recent unicorn in their portfolio is RapidSOS. It became a unicorn in 2025, 3 years after BAM Elevate first invested in it.Here is a list of unicorns in BAM Elevate's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Provider of an intelligent safety platform connecting data to first responders | 2012 | New York City | Series E | mbfqnss | ||
59 | Developer of artificial intelligence models and systems for software engineering | 2023 | San Francisco | Series B | yxkxjyw | ||
74 | AI powered market intelligence and search platform | 2011 | New York | Series F | oufwlwj | ||
67 | Operator of cloud platform providing infrastructure for artificial intelligence workloads | 2018 | Denver | Series E | qkrlziz | ||
67 | Provider of a business artificial intelligence platform with agentic and model layers | 2008 | Palo Alto | Series F | kipioa{ |
Team profile of BAM Elevate
BAM Elevate has a team of 4 members including 2 Partners and 2 Principals located in United States. BAM Elevate's team does not sit on the board of any company as of now.Here is a list of all team members in BAM Elevate:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Principal | New York City | - | ||
Principal | San Francisco | - |
Co-investors of BAM Elevate
Over the past 4 years, 338 investors have co-invested in BAM Elevate's portfolio companies. This includes funds and angels.
- Invested before BAM Elevate: Y Combinator, BlackRock and 250 others have invested in rounds before BAM Elevate. There are 3 companies where Y Combinator has invested before BAM Elevate and 2 companies where BlackRock has invested before BAM Elevate.
- Top Co-investors of BAM Elevate: 56 investors entered a company along with BAM Elevate. These include investors like Premji Invest (2 companies).
- Invested after BAM Elevate: A total of 30 investors have invested in BAM Elevate's portfolio after their investments. Top Investors include BDT & MSD Partners (1 company), J P Morgan (1 company) and SoftBank Vision Fund (1 company).
Recent News related to BAM Elevate
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Saronic Closes $1.75B Series D FundingMarinelink•Mar 31, 2026•Saronic, Kleiner Perkins, Caffeinated, Franklin Templeton Investments and 9 others
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Zap Energy attracts $130M in fresh capital as demo power plant system begins operations and aims for first milestoneMiningstockeducation•Oct 09, 2024•Zap Energy, Soros Fund Management, BAM Elevate, Emerson Collective and 10 others
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Poolside raises $500M to take on GitHub and others with its AI coding assistantsSiliconAngle•Oct 03, 2024•Poolside, Bain Capital Ventures, eBay, Nvidia and 16 others
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Astranis is set to build Omega constellation after $200M Series DTechCrunch+•Jul 24, 2024•Astranis, Andreessen Horowitz, BAM Elevate, BlackRock and 1 other
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RapidSOS: Intelligent Safety Company Raises $150 MillionPulse 2.0•Mar 06, 2024•RapidSOS, BlackRock, NightDragon, BAM Elevate and 8 others
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AlphaSense, an AI-based market intel firm, snaps up $150M at a $2.5B valuationTechCrunch+•Sep 28, 2023•AlphaSense, Bond Capital, CapitalG, Viking Global Investors and 3 others
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Leap Raises $15M in FundingFinSMEs•Jun 21, 2023•Leap, BAM Elevate, Costanoa, Equal Ventures and 1 other
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Enterprise intelligence company Craft raises $32 million Series B funding to illuminate and strengthen global supplier networksBusiness Wire•Feb 01, 2023•Craft, BAM Elevate, Balyasny Asset Management, Greycroft and 4 others
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Proving that banking as a service is hotter than ever, Treasury Prime raises $40M Series CTechCrunch+•Feb 01, 2023•Treasury Prime, BAM Elevate, The Banc Funds, Invicta Watch and 4 others
