Elevate Pay
PrivateLast Round
Early Funding
Jun 6, 2024
Total Funding Raised
$12M
Company Overview
Elevate Pay operates in FinTech and is based in San Francisco, California. Its latest recorded funding round was an Early Funding round in June 2024.
Elevate Pay is a fintech company that provides US-based USD bank accounts to freelancers and remote workers in emerging markets.
Sector
FinTech
Verticals
Digital Banking, Digital Payments, Foreign Exchange, Digital Wallets
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Usage-Based SaaS
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Elevate Pay Comparables
Compare Elevate Pay with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| GrabrFi | 94% | |
| Cleva | 87% | |
| Grey | 86% |
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Elevate Pay Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Jun 6, 2024 | ||||
| Seed | Jul 20, 2022 | ||||
| Accelerator | Mar 23, 2022 |
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Key People
Founding team and executive leadership
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Elevate Pay Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Goodwater Capital | Seed |
| Global Founders Capital | Seed |
| Negma Group | Early Funding |
| Y Combinator | Seed, Accelerator |
| VentureSouq | Seed |
Recent news
Latest coverage and updates
- launchesNov 7, 2026
Elevate Pay launched its core financial platform in Jan '24, providing non-United States residents with United States-based USD accounts, local and dollar cards, and free remittance rails.
- recognized_asOct 30, 2026
Elevate Pay is now SOC 2 Type 1 compliant following a successful independent audit by Sensiba, a CPA firm specializing in SOC audits, on Oct 30th '26.
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Elevate Pay Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Elevate Pay's valuation, stock price, and market status.
Is Elevate Pay a public or private company?
Elevate Pay is a private company.
What is the current stock price of Elevate Pay?
Elevate Pay is a private company, so its shares have no public market price. Caplight tracks Elevate Pay's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Elevate Pay worth (valuation)?
Valuation information for Elevate Pay is not publicly available.
Can I buy Elevate Pay stock?
Elevate Pay shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Elevate Pay's last funding round?
Elevate Pay's most recent funding round was Early Funding on June 6, 2024.
Who are the main investors in Elevate Pay?
Key investors in Elevate Pay include Negma Group.
Will Elevate Pay IPO soon?
No public IPO plans have been announced for Elevate Pay.
How can I track Elevate Pay secondary market activity?
Caplight tracks bids, offers, and trades in Elevate Pay's shares on secondary markets.