Skip to content
    Elevate Ventures logo

    Elevate Ventures

    Indianapolis, Indiana, United StatesFounded 2011
    elevateventures.comLinkedIn
    Enterprise SoftwareBiotech & Life SciencesHealthcareManufacturing

    Elevate Ventures is a venture capital firm based in Indianapolis, Indiana, that invests in high-potential, cross-sector innovation companies headquartered in or with a significant presence in Indiana. It is the most active early-stage VC in the Great Lakes Region and recently launched a $100M growth-stage fund in partnership with the state of Indiana.

    Deal activity decreased year-over-year (1 deals in the last 12 months vs 6 prior). Average disclosed round size is $6.6M (across 80 rounds with reported amounts).

    Find people at Elevate Ventures on Goldilocks AI

    Portfolio

    69

    Fund Size

    $100M

    Top Stage

    Seed

    Last 12 Mo

    0

    Team

    MT

    Matt Tyner

    Managing Partner

    JS

    Jacob Schpok

    Partner and Head of Platform

    MG

    Myles Grote

    Partner

    AH

    Andie Hines-Lagemann

    Director of Engagement and EQ Practitioner

    HB

    Hayes Barnes

    Director of Marketing

    JH

    Jay Harmas

    Director of Portfolio Success

    PS

    Patrick Sweeney

    Principal

    AK

    Asa Kelly

    Vice President of Investment Operations & Portfolio Analytics

    CM

    Cy Megnin

    Vice President of Software

    LY

    Landon Young

    Vice President of Pre-Seed

    MN

    Makenzie Norris

    Vice President of Life Sciences

    NK

    Nicholas Kuhn

    Vice President of Hardtech

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    85 investments
    CompanyRoundAmountDate
    Grain Ecosystem logoGrain EcosystemSeed—Apr 2025
    Klearly logoKlearlySeed—Jan 2025
    STELLAR logoSTELLARSeed$2.7MJan 2025
    Nodepay logoNodepayGrowth$7MDec 2024
    Glint Solar logoGlint SolarSeries A$8MNov 2024
    Paxafe logoPaxafeSeries A$9MMay 2024
    Neurava logoNeuravaSeed$2.3MApr 2024
    On Target Labs logoOn Target LabsSeries C$30MNov 2023
    OOn Target LaboratoriesSeries C$30MNov 2023
    Yourco logoYourcoSeed$2MOct 2023
    Laxis logoLaxisSeed$1.5MOct 2023
    Plan Forward logoPlan ForwardSeed$2MOct 2023
    Conversight Ai logoConversight AiSeries A$9MAug 2023
    AfterSchool HQ logoAfterSchool HQSeed$3MJun 2023
    Elate logoElateSeries A$4.9MMar 2023
    Flamel.ai logoFlamel.aiPre-Seed—Jan 2023
    Trava Security logoTrava SecuritySeries A$7MJan 2023
    Conversight Ai logoConversight AiSeries A$9MJan 2023
    GeniPhys logoGeniPhysSeries A$6MJan 2023
    CConversightSeries A$9MJan 2023
    Rock Paper Coin logoRock Paper CoinPre-Seed$2.3MOct 2022
    CarpeDM logoCarpeDMPre-Seed$1MSep 2022
    TrovaTrip logoTrovaTripSeries A$15MSep 2022
    Civic Champs logoCivic ChampsSeed$615KJun 2022
    CChoixSeed$1MJun 2022
    Page 1 of 4

    Top Co-Investors

    Flywheel Fund10 shared
    Techstars9 shared
    Gaingels5 shared
    High Alpha4 shared
    3B Future Health Fund3 shared
    Mercury Fund3 shared
    Plug and Play Tech Center3 shared
    Surface Ventures3 shared
    Augment Ventures3 shared
    Oregon Venture Fund2 shared
    Mirana Ventures2 shared
    M252 shared
    H.I.G. Growth Partners2 shared
    Olympus Innovation Ventures2 shared
    H.I.G. BioHealth Partners2 shared
    Mastercard2 shared
    Vista Equity Partners2 shared
    Edison Partners2 shared
    Rev1 Ventures2 shared
    Five Elms Capital2 shared

    Last updated: 7 September 2026