Elevate CDB

AI-Powered Platform for HSAs, FSAs, and HRAs

Denver, United States · Founded 2021 · $43.0M raised

Headquarters
Denver, Colorado
Employees
51–200
Founded
2021
Business Model
B2B
Website
elevate.ai
Total Funding
$43.0M
Last Round
$28.0M Series BApr 2023
Rounds
3

About

Elevate is an automated, AI-powered, API-enabled benefit account platform that administers consumer-directed benefits accounts including HSAs, FSAs, and HRAs for benefit platforms, financial institutions, health plans, third-party administrators, and PEOs. The platform automates claims processing, reimbursements, plan renewals, and money movement while delivering real-time payments via Venmo and PayPal. Elevate provides white-label branding, deep API integrations, and a partner-centric model with no hidden fees or SOWs.

Summary

Elevate CDB is a Fintech company based in Denver, United States, founded in 2021. It has raised $43.0M in total across 3 rounds, most recently a $28.0M Series B round in Apr 2023. Investors include Greycroft, Bowery Capital and Anthemis Group.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Series BSeries BApr 2023
$28.0M

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Series A through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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