- Employees
- 1–10
- Founded
- 2022
- Business Model
- B2C
- Website
- elevatepay.co
- Total Funding
- $5.5M
- Last Round
- $5.0M Extension RoundJun 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 5 investors for this company. The full record is or through the API.
About
Elevate Pay is a fintech company that lets people receive, send and save in USD easily, wherever their work takes them. Non-US residents can open an Elevate account and receive USD from Deel, Remote, or straight via ACH, or from Upwork, Fiverr, or bank transfer. Banking services are provided through Merchants Commercial Bank, Member FDIC; Elevate Pay is not an FDIC-insured bank. Users download the Elevate app and, once approved, are issued a USD account.
Summary
Elevate (formerly Bloom) is a Banking company based in United States, founded in 2022. It has raised $5.5M in total across 2 rounds, most recently a $5.0M Extension Round in Jun 2024. Investors include Negma Group, Y Combinator and Visa.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Jun 2024
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Funding: Seed through Extension Round. Amounts, valuations, and investors where available.
Investors
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