# Elevate Capital

Elevate Capital is a Private Equity based in Eagle, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Eagle, United States
- **Region:** North America
- **Address:** 500 SW 116th Ave, 4th Floor, Beaverton, OR 97225
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** www.elevate.vc
- **LinkedIn:** https://www.linkedin.com/company/69869092
- **Wikidata:** Q60775730

## About

Elevate Capital is an SEC-registered investment adviser in EAGLE, CO, registered since 2020. The firm manages $183 million in assets, $176 million on a discretionary basis. It has 6 employees and 5 investment advisers.

## Sectors

- Enterprise Software
- AI/ML
- Healthcare Services
- FinTech
- Media & Entertainment
- Digital Health
- Robotics & Automation

## People

- Nitin Rai — Founder & Managing Partner
- Kumar Sripadam — General Partner
- Ben Nahir — Partner

## Questions

### Who at Elevate Capital makes the final investment decision?

Founder and Managing Partner Nitin Rai leads the investment committee, with General Partner Kumar Sripadam and Partner Ben Nahir playing central roles in diligence and deal recommendation. The firm's venture partners and executive partners contribute domain-specific evaluation but do not hold final decision rights. This concentrated decision-making structure is disclosed on the firm's team page, which separates investing partners from advisory partners.

### Does Elevate Capital invest only in underrepresented founders?

Yes. The firm describes itself as the nation's first institutional venture capital fund specifically targeting underrepresented entrepreneurs, including women and BIPOC founders, as well as those located outside traditional venture hubs. This focus is stated as a formal investment mandate, not a thematic preference. Portfolio selection is governed by this mandate alongside standard venture return criteria.

### How does Elevate Capital source its deal flow?

Elevate Capital's deal flow relies heavily on the TiE network, the largest global entrepreneurship organization, where multiple Elevate partners serve as board members and angel group chairs. General Partner Kumar Sripadam chairs TiE Angels Silicon Valley, and Partner Ben Nahir has been active in TiE Oregon Angels and TiE Global Angels for over a decade. This network provides proprietary access to underrepresented technical founders in Silicon Valley, the Pacific Northwest, and select international corridors.

### What is the relationship between Elevate Capital and the TiE organization?

Elevate Capital was founded by a longtime TiE leader and maintains deep structural ties. Nitin Rai has been a prominent TiE Oregon charter member, Kumar Sripadam sits on the TiE Silicon Valley board and chairs TiE Angels Silicon Valley, and several other partners hold TiE board or angel committee roles. TiE chapters serve as Elevate's primary sourcing channel, but Elevate Capital is an independent for-profit venture firm, not a program of TiE.

## Related profiles

- [Elev8 Venture Partners](https://altss.com/profile/elev8-venture-partners)
- [Elevation Capital Partners](https://altss.com/profile/elevation-capital-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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