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About Elan Growth Partners
Elan Growth Partners is a venture capital firm founded in 2018. It is primarily based out of Park City, United States. As of Nov 2019, Elan Growth Partners has invested in 6 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series B round of Custom Power Overall, Elan Growth Partners portfolio has seen 1 acquisition, namely Custom Power. Elan Growth Partners has team of 6 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B
Portfolio Acquisitions
Elan Growth Partners' List of Top Investments
Elan Growth Partners has a portfolio of 6 companies. Their most notable investmentis in Custom PowerTheir portfolio spans across United States, Singapore and United Kingdom. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 6 other sectors, across stages such as Series B stage. Here is the list of top investments by Elan Growth Partners:
1. Resolve
Developer of an agentic automation and orchestration platform for IT. The platform automates actions and orchestrates workflows across IT systems. It offers integrations and application programming interfaces for workflow automation. The platform provides visibility into IT environments to accelerate resolutions and reduce risks.
Key facts about Resolve
- Founded Year: 2014
- Location: Campbell (United States)
- Stage: Series B
- Total Funding till date: $15.6M
- Employee Count: 134 as on Mar 31, 2026
- Investors: Venture Catalysts, Solis Capital Partners and 2 Others
- Latest Funding Round: Series B, Nov 2020, $*****
- Highlight: Editors' Pick
2. FaceFirst
Developer of AI and web-based facial recognition platform. It provides a real-time facial recognition solution that is deployed for surveillance at airport security, retail theft deterrence, VIP customer recognition, and counter-terrorism. Its solution employs a patent-pending technology built on a face-matching algorithm for face recognition. It captures individual faces from photographs or videos and identifies the individual by matching the face to those on a secure database
Key facts about FaceFirst
- Founded Year: 2007
- Location: Camarillo (United States)
- Stage: Series B
- Total Funding till date: $19.5M
- Employee Count: 65 as on Jan 05, 2026
- Investors: Innovate Partners, Elan Growth Partners and 1 Other
- Latest Funding Round: Series B, Mar 13, 2024, $*****
- Highlight: Editors' Pick
3. Custom Power
Key facts about Custom Power
- Founded Year: 1965
- Location: Fountain Valley (United States)
- Stage: Acquired
- Employee Count: 94 as on Apr 30, 2026
- Investors: Ainge Advisory and Elan Growth Partners
- Latest Funding Round: Series B, Nov 13, 2019, $*****
- Highlight: Acquired
4. SimplyNUC
Key facts about SimplyNUC
- Founded Year: 2015
- Location: Bangor (United Kingdom)
- Stage: Series B
- Total Funding till date: $21.3M
- Employee Count: 79 as on Mar 31, 2026
- Investors: Elan Growth Partners
- Latest Funding Round: Series B, Jan 26, 2022, $*****
Alternative fuel systems provider specializing in propane and other alternative fuel solutions. They are a world-class manufacturer of alternative fuel systems, offering innovative and patented fuel tanks and liquid propane injection systems. They provide solutions for OEMs and the aftermarket, focusing on propane vehicle conversions to reduce emissions and fuel costs. They offer dynamic dual fuel systems and support various engine platforms. They provide a one-stop-shop for obtaining, installing, and maintaining fleet's alternative fuel systems. They focus on fleet sectors like police, shuttle fleets, trolleys, and delivery services. They offer solutions for alternative fuel conversions, government incentives, EPA compliance, and savings calculators. They provide technical support, installation manuals, product bulletins, and troubleshooting resources. They offer a warranty on their conversion systems and can facilitate pilot programs for organizations considering fleet conversion.
Key facts about ICOM North America
- Founded Year: 2004
- Location: Lyon Charter Township (United States)
- Stage: Funding Raised
- Employee Count: 17 as on Apr 30, 2026
- Investors: Solis Capital Partners, Elan Growth Partners and 1 Other
- Latest Funding Round: Grant (prize money), Feb 27, 2015, $*****
Elan Growth Partners' Year-on-Year Investment Trends
Its most recent first time investment was in Custom Power.Elan Growth Partners' Investments by Stage
Elan Growth Partners has made 1 investment in Series B stage.Elan Growth Partners' Investments by Sector
Elan Growth Partners has a portfolio focused on Energy. Notably, it has invested in 3 Enterprise (B2B) companies, 2 Saas companies, 2 Software companies and at least 2 companies focusing on Tech.Elan Growth Partners' Investments by Geography
Elan Growth Partners has made most investments in United States (1).Elan Growth Partners' recent investments
Elan Growth Partners has not made any investment in 2026 so far.Here are the most recent investments by Elan Growth Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 13, 2019 | United States | Series B | 5713 | - |
Acquired companies in Elan Growth Partners' Portfolio
1 company from Elan Growth Partners' portfolio has been acquired. The most recent acquisition was Custom Power in Jul 2022 by Solid State for $*****.Here are Elan Growth Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 13, 2022 | Nov 13, 2019 | Series B | 5236 |
Team profile of Elan Growth Partners
Elan Growth Partners has a team of 6 members including 4 Partners and 1 Principal located in United States. Elan Growth Partners' team does not sit on the board of any company as of now.Here is a list of all team members in Elan Growth Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Ladera Ranch | - | - | |
Partner | Encinitas | - | ||
Partner | Park City | - | - | |
Partner | Ladera Ranch | - | ||
Principal | San Francisco | - |
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