About Elevation Ventures
Elevation Ventures is a venture capital firm founded in 2020. It is primarily based out of Aliso Viejo, United States. As of Feb 2023, Elevation Ventures has invested in 13 companies. It primarily invests in Seed round in Pakistan based startups. Its investments are spread across a wide range of sectors from Real Estate and Construction Tech to Environment Tech and High Tech. Most recently it participated in the $***** Seed round of Swag Kicks Overall, Elevation Ventures portfolio has seen 2 acquisitions, namely EV Connect and Phoenix Energy Technologies. A lot of funds co-invest with Elevation Ventures, with names like i2i Ventures sharing a substantial percentage of its portfolio. Elevation Ventures has team of 15 people including 2 partners.Key Metrics
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Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Portfolio Soonicorns
Elevation Ventures' List of Top Investments
Elevation Ventures has a portfolio of 13 companies. Their most notable investments include EV Connect and Plentify.Their portfolio spans across United States, Pakistan and South Africa. They have invested in Real Estate and Construction Tech, Environment Tech, High Tech and 11 other sectors, across stages such as Seed stage. Here is the list of top investments by Elevation Ventures:
1. EV Connect
Platform for electric vehicle charging management. It helps users access and operate charging stations through structured digital tools. The platform supports monitoring activity, handling sessions, and managing related services in one space. It offers an online environment where charging needs can be organized with clarity.
Key facts about EV Connect
- Founded Year: 2009
- Location: El Segundo (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $49.9M
- Employee Count: 83 as on May 31, 2026
- Investors: Mitsui, Ecosystem Integrity Fund and 22 Others
- Latest Funding Round: Conventional Debt, Dec 07, 2021, $*****
- Highlight: Acquired
2. Plentify
Provider of SaaS-driven and AI grid optimizers for building management. Its device can be attached to home water heaters that use AI to match users' energy needs in the grid. The platform provides solutions for industries that include property companies and body corporates, solar and battery companies, utilities and municipalities, and more.
Key facts about Plentify
- Founded Year: 2008
- Location: Cape Town (South Africa)
- Stage: Series A
- Total Funding till date: $15M
- Employee Count: 71 as on May 31, 2026
- Investors: Endeavor, E3 Capital and 11 Others
- Latest Funding Round: Series A, Nov 18, 2025, $*****
- Highlight: Editors' Pick
3. GroGuru
Provider of cloud-based soil moisture monitoring sensor systems for agricultural farms. It designs and develops wireless soil sensor systems to measure and record soil moisture, salinity, and soil. It records data automatically, which in turn provides real-time data via a mobile application to the farmers to optimize the usage and quantity of water, pesticides, and fertilizers. It also offers alarm-setting options for top farmers as per the predefined benchmarks.
Key facts about GroGuru
- Founded Year: 2014
- Location: San Diego (United States)
- Annual Revenue: $0 - $1M as on Dec 31, 2021
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $5.77M
- Employee Count: 10 as on Apr 22, 2022
- Investors: Integral Capital Partners, Cultivation Capital and 18 Others
- Latest Funding Round: Seed, Jul 07, 2023, $*****
- Highlight: Editors' Pick
4. Enevate
Developer of lithium-ion batteries. It develops rechargeable energy storage technology. The platform provides batteries based on materials and battery structures that deliver higher capacity in smaller sizes while maintaining plug-and-play compatibility with existing Li-ion battery applications.
Key facts about Enevate
- Founded Year: 2006
- Location: Irvine (United States)
- Stage: Series E
- Total Funding till date: $191M
- Employee Count: 51 as on Apr 30, 2026
- Investors: Fidelity Investments, ATEL Capital Group and 13 Others
- Latest Funding Round: Series E, Feb 10, 2021, $*****
- Highlight: Editors' Pick
AI-powered facilities intelligence for smarter, sustainable building performance. The company provides a software platform that integrates IoT devices and data sources for proactive building management. They offer solutions for optimizing HVAC, refrigeration, and lighting systems, leveraging AI and data analytics to improve equipment efficiency, reduce energy costs, and extend asset life. Their services include predictive analytics, building monitoring, and building intelligence, catering to industries like grocery, retail, healthcare, and the public sector. They offer a suite of products including EnterpriseDX® Platform, Building View™, Command Manager®, Alarm Manager®, Demand Manager™, Schedule Manager®, HVAC IQ™, Refrigeration IQ™, and Carbon Manager®. The company focuses on sustainability and operational excellence, enabling facilities to achieve peak performance while minimizing energy consumption. They provide data-driven insights and personalized service for efficient and sustainable building operations. This is a B2B, SaaS, software, AI-driven solution.
Key facts about Phoenix Energy Technologies
- Founded Year: 2004
- Location: Irvine (United States)
- Stage: Acquired
- Total Funding till date: $17M
- Employee Count: 50 as on May 31, 2026
- Investors: Deerfield, Energy Innovation Capital and 7 Others
- Latest Funding Round: PE, Apr 30, 2019, $*****
- Highlight: Acquired
Elevation Ventures' Year-on-Year Investment Trends
Its most recent first time investment was in Swag Kicks.Elevation Ventures' Investments by Stage
Elevation Ventures has made 1 investment in Seed stage with an average round size of $1.2M.Elevation Ventures' Investments by Sector
Elevation Ventures has a diverse portfolio, with companies operating in the Consumer and Retail. Notably, it has invested in 11 Enterprise (B2B) companies, 11 Tech companies, 9 Tech hardware companies and at least 6 companies focusing on Software.Elevation Ventures' Investments by Geography
Elevation Ventures has made most investments in Pakistan (1).Elevation Ventures' recent investments
Elevation Ventures has not made any investment in 2026 so far.Here are the most recent investments by Elevation Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 16, 2023 | Pakistan | Seed | 4606 | [+5] |
Acquired companies in Elevation Ventures' Portfolio
2 companies from Elevation Ventures' portfolio have been acquired. The most recent acquisition was EV Connect in Jun 2022 by Schneider Electric for $*****.Here are Elevation Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 21, 2022 | - | - | 2920 | |
Oct 22, 2015 | - | - | 9583 |
Team profile of Elevation Ventures
Elevation Ventures has a team of 15 members including 2 Partners and 2 Venture Partners located in United States. Elevation Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Elevation Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Irvine | - | ||
Partner | Orange County | - | ||
Venture Partner | New York City | - | ||
Venture Partner | Santa Monica | - |
Co-investors of Elevation Ventures
Over the past 3 years, 8 investors have co-invested in Elevation Ventures's portfolio companies. This includes funds and angels.
- Invested before Elevation Ventures: Orbit Ventures and MOX have invested in rounds before Elevation Ventures. There is 1 company where Orbit Ventures has invested before Elevation Ventures and 1 company where MOX has invested before Elevation Ventures.
- Top Co-investors of Elevation Ventures: 6 investors entered a company along with Elevation Ventures. These include investors like i2i Ventures (1 company).
Recent News related to Elevation Ventures
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Insurtech firm Zopper raises $25 Mn led by Elevation, Dharana and BlumeEntrackr•Nov 21, 2024•Zopper, Elevation Capital, Dharana, Blume Venture and 8 others
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Elevation Ventures Aims At $50M Fund For Climate InvestmentsSocalTECH•May 04, 2022•Elevation Ventures
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CityMall scoops up $75Mn to further expand ecommerce across India’s smaller towns and citiesTechPortal•Apr 04, 2022•CityMall, Norwest Venture Partners, General Catalyst, CitiusTech and 9 others
