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Venture Capital News: Elate Secures $4.9M Series A Financing

INDIANAPOLIS, IN, Elate, a cloud-based strategic planning software, today announced its oversubscribed Series A funding round of $4.9 million,
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.

WestWave Capital led the Series A funding round, with additional new investment from The Pritzker Group Venture Capital, Hyde Park Angels (HPA) and Capital Midwest Fund. Elevate Ventures also made a significant follow-on investment in the round along with continued participation from Serra Ventures, M25, and the Flywheel Fund.

Elate provides a strategic planning platform to help companies communicate vision, create alignment, and drive outcomes all in one place. Partnering alongside world-class Strategy and Operations leaders, Elate helps increase operations visibility to define and measure key initiatives in a unified view for real-time decision making and collaboration.
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