
Elevate
Providing employees with better benefits and a more modern platform to use them on.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor investor investor investor investor investor | €0.0 | round | |
* | $20.0m Valuation: $140m | Late VC | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Elevate Inc. is a cutting-edge platform designed to transform the employee benefits landscape, making it more efficient for employers and more rewarding for employees. Operating in the employee benefits market, Elevate serves a diverse range of clients including over 60,000 employers and 10 million participants. The platform leverages advanced technologies such as HIPAA-compliant AI, OCR machine learning, and ETL tools to offer features like 24/7 conversational AI support, instant claims processing, and same-day reimbursements. This ensures that employees receive timely and accurate benefits without the hassle of traditional systems. Elevate's business model focuses on providing a subscription-based service to employers, who in turn offer these enhanced benefits to their employees. Revenue is generated through subscription fees and partnerships with 165 industry partners. The platform's intuitive technology and proactive communication tools help employers make better decisions, while human support from trained professionals adds a personal touch. Elevate aims to replace outdated legacy systems with a streamlined, user-friendly solution that meets the demands of modern workplaces.
Keywords: employee benefits, AI support, instant claims, same-day reimbursements, HIPAA-compliant, OCR machine learning, ETL tools, subscription-based, proactive communication, human support.