DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Elevar Equity Management Ltd.
Elevar Equity Management Ltd.
Institutional venture firmSeattle, WAelevarequity.comSEC venture capital fund adviserone firm, 2 filing advisers
This firm files as 2 advisers on elevarequity.com: Elevar Equity, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
venture manager, reported GAV $708M across 4 vehicles
Importance
28
moderate
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
5
low
Identity and regulatory footprint
- Headquarters
- Seattle, WAadviserinfo.sec.gov
- Office address
- 450 ALASKAN WAY SOUTH, SUITE 200, Seattle, WA, 98104adviserinfo.sec.gov
- Business phone
- 425-246-5323adviserinfo.sec.gov
- Website
- HTTP://WWW.ELEVAREQUITY.COM/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 5, 2026
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $571Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- EE Viv Ventures, Ltd (Owner), C; EE Deep Ventures, Ltd (Owner), C
- business email
- info@elevarequity.comelevarequity.compublished by the subject
- business phone
- 425-246-5323adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- healthcare
- Stages
- series a, series b
- Geography
- india, latin america
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Elevar India V, LP | Fund | 2021 form d first sale | Mature | $167M Mar 28, 2024 | 41 | $126M of $225M | Jan 24, 2023 |
| Elevar Equity IV | Fund | 2018 adv first reported | Harvest | $316M Mar 28, 2024 | 49 | unknown | unknown |
| Elevar Equity III, LP | Fund | 2013 form d first sale | Harvest | $221M Mar 28, 2024 | 44 | $34.1M of $125M | Dec 19, 2014 |
| Elevar Equity II, LP | Fund | unknown | Unknown | $4.5M Mar 28, 2024 | 17 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
6 current, 4 departed
Johanna Gil Posade
Managing partnerManaging Partner, Owner · since Nov 1, 2012
Ameeta J Patel
PartnerPartner, Ceo · since Jan 1, 2022
Vipul Rawal
PartnerPartner · since Aug 1, 2020
Shobha Nmn Venkataraman
Platform and operationsPartner, Cfo, And Cco · since Jul 1, 2022
Jyotsna Krishnan
PrincipalDirector And Owner · since Jun 1, 2017
Sandeep Marian Farias
PrincipalDirector And Owner · since Nov 1, 2013
4 departed (kept with end dates)
- Brinda Ganguly · Chief Compliance Officer / Chief Operating Officer · Mar 1, 2020 to Mar 30, 2023 Inference
- Shobha Nmn Venkataraman · Managing Director, Fund Finance And Administration · Feb 1, 2019 to Mar 31, 2022 Inference
- Bernadette Maria Stella Chorengel · Director And Owner · Nov 1, 2012 to Feb 6, 2019 Inference
- Christopher Miles Brookfield · Director And Owner · Nov 1, 2012 to Feb 6, 2019 Inference
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
14 dated events
- Mar 30, 2023Brinda Ganguly (Chief Compliance Officer / Chief Operating Officer) no longer on Schedule A of Elevar Equity Management Ltd.
- Jul 1, 2022Shobha Nmn Venkataraman joined Schedule A of Elevar Equity Management Ltd. as Partner, Cfo, And Cco
- Mar 31, 2022Elevar India V, LP first reported on Form ADV by Elevar Equity Management Ltd. (Venture Capital Fund), GAV $45,391,785Fund first reported on Form ADVFundsFactElevar India V, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Shobha Nmn Venkataraman (Managing Director, Fund Finance And Administration) no longer on Schedule A of Elevar Equity Management Ltd.
- Jan 1, 2022Ameeta J Patel joined Schedule A of Elevar Equity Management Ltd. as Partner, Ceo
- Aug 1, 2020Vipul Rawal joined Schedule A of Elevar Equity Management Ltd. as Partner
- Mar 1, 2020Brinda Ganguly joined Schedule A of Elevar Equity Management Ltd. as Chief Operating Officer
- Feb 6, 2019Bernadette Maria Stella Chorengel (Director And Owner) no longer on Schedule A of Elevar Equity Management Ltd.
- Feb 6, 2019Christopher Miles Brookfield (Director And Owner) no longer on Schedule A of Elevar Equity Management Ltd.
- Mar 30, 2018Elevar Equity IV first reported on Form ADV by Elevar Equity Management Ltd. (Venture Capital Fund), GAV $37,000,000Fund first reported on Form ADVFundsFactElevar Equity IVSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 11, 2018Elevar Equity IV, L.P. filed Form D: $37,000,000 sold of $200,000,000, Venture Capital Fund
- Jun 1, 2017Jyotsna Krishnan joined Schedule A of Elevar Equity Management Ltd. as Director And Owner
- Mar 26, 2015Elevar Equity III, LP first reported on Form ADV by Elevar Equity Management Limited (Venture Capital Fund), GAV $51,425,259Fund first reported on Form ADVFundsFactElevar Equity III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 26, 2015Elevar Equity Management Limited first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $708M across 4 vehicles
Evidence
69 observations from 4 sources