Elevate secures $5 million in a pre-series A funding round to expand into Middle East and Africa and launch FDIC-insured USD accounts
Amount Raised
$5 Million
Round Type
Pre-Series A
DoverHuman ResourcesEmployee BenefitsDescription
Elevate, a fintech company based in London and Dubai, has secured $5 million in a pre-series A funding round. The funding will support the expansion of its services into the Middle East and Africa, building on its existing user base of over 150,000 from Asia and North Africa. It aims to provide robust financial solutions to address common challenges faced by professionals in the MENA region's freelance and remote working community.
Quick answer
Elevate raised $5 Million in a Pre-Series A round, dated June 6, 2024. Elevate is based in Dover, Delaware, United States.
- How much did Elevate raise?
- Elevate raised $5 Million in a Pre-Series A round on June 6, 2024.
- What does Elevate do?
- Elevate is a cutting-edge consumer-directed benefits platform that prioritizes the needs of both employees and partners.
- Where is Elevate based and how big is it?
- Elevate is based in Dover, Delaware, United States. Fundz records about 17 employees.
- Who are the decision-makers at Elevate?
- Fundz holds 1 contact at Elevate, including the Head of Customer Support. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Human Resources and Employee Benefits around the same time
Companies in the same sectors as Elevate that raised within 45 days of this round, from Fundz verified event records.
- SmartHR raised $140M (Series E) on July 1, 2024.
- Anthropos raised $2.7M (Pre-Seed) on May 14, 2024.
- Alleo raised $5.4M (Series A) on April 22, 2024.
- SG Benefit Providers raised $10K (Pre-Seed) on July 15, 2024.
- Timbuckdo raised $262K (Seed) on July 10, 2024.
- HR Path raised $538M (Funding Round) on July 3, 2024.
Who to call at Elevate, and when
A new round usually means Elevate is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Elevate raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Elevate, from your own LinkedIn network
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Related People
Elevate raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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