What Does Elevate Ventures Do?

Total employees44
HeadquartersIndianapolis
Founded2011

Elevate Ventures Inc. is a venture capital firm that nurtures and develops emerging and existing high-potential businesses into high-performing, Indiana-based companies. They provide capital, connections, and expertise to entrepreneurs, fostering innovation and economic growth throughout the state of Indiana. Elevate Ventures manages a variety of investment funds, including state-backed initiatives, aimed at supporting startups at different stages, from ideation to growth.

Where Is Elevate Ventures's Headquarters?

HQ Function

Serves as the central hub for investment decisions, portfolio management, statewide program coordination, and strategic operations supporting Indiana's entrepreneurial ecosystem.

Notable Features:

Located in a prominent downtown Indianapolis office building, offering modern facilities and a collaborative environment. Specific architectural highlights are not widely publicized as it is part of a larger commercial structure.

Work Culture:

Fosters a collaborative, entrepreneurial, and mission-driven environment focused on supporting startups and driving innovation across Indiana. Emphasis on expertise, statewide network building, and impactful economic development.

HQ Significance:

Strategically located in Indiana's capital, the HQ is central to its mission of deploying capital and support services for statewide economic development through venture capital and entrepreneurial support programs.

Values Reflected in HQ: The HQ's professional and central setting likely reflects values of expertise, accessibility, collaboration, and a strong commitment to fostering a robust business and innovation environment in Indiana.

Location:

Elevate Ventures Inc. is primarily focused on fostering entrepreneurship and investing in companies within the state of Indiana, USA. Its direct operations and staff are concentrated within Indiana to serve its mission of local economic development. While some of its portfolio companies may achieve national or global reach, Elevate Ventures' core activities and presence are state-focused.

Street Address:

401 N. Michigan Street, Suite 2000

City:

Indianapolis

State/Province:

IN

Country:

USA

Where Else Does Elevate Ventures Operate Around the World?

South Bend, IN/USA

Address: c/o Ignition Park, 410 N Niles Ave, South Bend, IN 46617

To foster innovation and economic growth in North Central Indiana by actively engaging with the local startup ecosystem, often utilizing key innovation centers for meetings and events.

Fort Wayne, IN/USA

Address: c/o Northeast Indiana Innovation Center (NIIC), 3201 Stellhorn Rd, Fort Wayne, IN 46815

To stimulate entrepreneurial activity and support the development of scalable businesses in the Fort Wayne metropolitan area and surrounding counties, working closely with regional innovation hubs.

Bloomington, IN/USA

Address: c/o The Mill, 642 N Madison St, Bloomington, IN 47404

To drive innovation and company formation in Bloomington and the surrounding region, known for its strong research base and tech talent, by maintaining a presence in key co-working and innovation spaces.

Evansville, IN/USA

Address: c/o Innovation Pointe, 318 Main St, Evansville, IN 47708

To encourage and support entrepreneurial endeavors in the Southwest Indiana region, connecting local innovators with statewide resources and investment.

Buying Intent Signals for Elevate Ventures

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Elevate Ventures? Meet the Executive Team

As of April 2025, Elevate Ventures' leadership includes:

Christopher Day - Chief Executive Officer
Jacob Schpok - Chief Operating Officer
Mark Gramelspacher - Chief Investment Officer
Lydia West - Chief Financial Officer

Who's Investing in Elevate Ventures?

Elevate Ventures has been backed by several prominent investors over the years, including:

Indiana Economic Development Corporation (IEDC)
21st Century Research and Technology Fund (State of Indiana)
Various corporate, community, and individual limited partners for specific funds

What Leadership Changes Has Elevate Ventures Seen Recently?

Hire1
Exits1

In the past year, Elevate Ventures Inc. saw a key transition in its financial leadership with the appointment of a new Chief Financial Officer.

Departures

Phil Lodato, Phil Lodato departed from his role as Chief Financial Officer at Elevate Ventures Inc.

New Appointments:

Lydia West, Lydia West was appointed as the new Chief Financial Officer of Elevate Ventures Inc.

What Technology (Tech Stack) Is Used byElevate Ventures?

Discover the tools Elevate Ventures uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Elevate Ventures Email Formats and Examples

Elevate Ventures Inc. typically uses a standard email format combining the first initial and last name of employees. This format is common for professional communication within the organization.

[first_initial][last_name]@elevateventures.com

Format

cday@elevateventures.com

Example

85%

Success rate

What's the Latest News About Elevate Ventures?

Inside Indiana BusinessApril 25, 2024

Elevate Ventures Inc. invests $2.56M in 12 Indiana startups

Elevate Ventures has invested $2.56 million in 12 Indiana-based startups through its Community Ideation Fund, Indiana Seed Fund, and Elevate Ventures Nexus Fund during the first quarter of 2024. The investments support a diverse range of companies across various sectors....more

Elevate Ventures Inc. NewsJanuary 16, 2024

Elevate Ventures Inc. Names Lydia West Chief Financial Officer

Elevate Ventures announced the appointment of Lydia West as its new Chief Financial Officer, effective January 2024. West brings extensive financial leadership experience from previous roles to the venture capital firm....more

Inside Indiana BusinessAugust 29, 2023

Rally innovation conference, spearheaded by Elevate Ventures Inc., draws thousands to Indianapolis

The inaugural Rally innovation conference, organized in part by Elevate Ventures, successfully brought together thousands of entrepreneurs, investors, and innovators to Indianapolis, showcasing Indiana as a growing hub for tech and entrepreneurship....more

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