Elate Raises $4.9M In Series A Funding, Strengthens Investment In Its Industry-Leading Strategic Planning Platform
Mar 14, 2023•almost 3 years ago
Amount Raised
$4.9 Million
Round Type
series a
Investors
Flywheel FundM25Serra VenturesElevate VenturesCapital Midwest FundHyde Park AngelsPritzker Group Venture CapitalBuildertrendWest Wave Capital
Description
Elate, a cloud-based strategic planning software, today announced its oversubscribed Series A funding round of $4.9 million led by enterprise startup investor WestWave Capital. Co-founded by Chief Executive Officer Brooks Busch and Chief Operating Officer Abby Parker and loved by world-class Strategy and Operations Leaders at companies like Seismic, Buildertrend and Thornburg, Elate enables companies to connect long-term vision with tactical execution in a simple, intuitive way.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers