Elevate Capital Advisors

Micro VCSEC-registered adviserRaisingClassification probable· Eagle, ColoradoELEVATECAPITALADVISORS.COM

Founded in 2017, Elevate Capital Advisors now advises over $200,000,000 as of September 30, 2025, on behalf of high net-worth individuals and families,

In the firm's own words, from its website.

Reported fund assets
$1.9M
the adviser's own Form ADV total
New companies, 12 mo
1
Investment team
5
Latest vintage
2023
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

4 additional team members, 4 additional co-investors and affiliates, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 1 company
    new in 12 months

    1 new company in the last 12 months. Latest round Rapta round ($8M round) on 17 Sep 2026.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 1 company
    portfolio raising

    One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 11 Sep 2026 ($10.8M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →

People to know

View all people
  • Founder and Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Associate, Portfolio Management & Investment Research
    Why: Named with investment responsibility
    No route on file yet

Relationship network

17 connected entities1 observed roundrounds 2026

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Elevate Capital Advisors: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Elevate Capital Advisors

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

1 company on record, 1 new in 12 months

Investments on record

1 company, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Rapta Inc.Funding roundparticipantunknown$8.0MunknownSep 17, 2026Fact Press release

Stated thesis versus observed behaviour

1 observed deals
Stated (the firm’s website)
Sectors
media
Stages
multi stage
Geography
colorado, usa
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
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate 0%follow-on rate 0%new companies, 12 months 1

Team

8 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Nitin Rai · Founder and Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Shane Rielly Fleury · Managing Member
    Why this person: Named with investment responsibility
  • Tom Damon · Associate, Portfolio Management & Investment Research
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

8 current, 0 departed

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

2 vehicles, 0 LPs disclosed

Funds and vehicles

2 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Elevate Ventures Nsg Investment Fund, LLCFund2023 adv first reportedActive deployment$1.9M
Mar 11, 2024
37unknownunknown
Elevate Capital Fund III LPFundunknownFundraisingunknownunknown$0
of $50.0M
Nov 13, 2025

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

7 co-investors · on 1 other DFX graph

Co-investors

7 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Elevate Capital Advisors is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

1 dated event, 36 observations from 2 sources

Timeline

1 dated events
  1. Nov 18, 2020
    Elevate Capital Advisors first filed Form ADV (IA)
    First SEC adviser filingOrganizationFactForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 11, 2024 · 1 private fundsShow
Headquarters
Eagle, COadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 11, 2024
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.9Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$140Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
6

Classification history

Every classification this record has carried2 on recordShow
  1. Oct 1, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $1.9M across 2 vehicles
  2. Sep 12, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $1.9M across 1 vehicle

Evidence

36 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeRegistered investment adviserMar 11, 2024FactForm ADV
First Form ADV filing2020-11-18Mar 11, 2024FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2024-03-11Mar 11, 2024FactForm ADV
Venture share of reported funds1Mar 11, 2024FactForm ADV
Business phoneMar 11, 2024FactForm ADV
Contact page urlSep 16, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
Employees6Mar 11, 2024FactForm ADV
HeadquartersEagle, COMar 11, 2024FactForm ADV
Office addressMar 11, 2024FactForm ADV
Private funds reported1Mar 11, 2024FactForm ADV
Private fund gross assets (reported)$1.9MMar 11, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$140MMar 11, 2024FactForm ADV
Stated geographyColorado, usa
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyColorado, usa
“geography words on the home page”
Sep 15, 2026Fact
Stated sectorsmedia
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsmedia
“sector words on the home page”
Sep 15, 2026Fact
Stated stagesMulti stage
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesMulti stage
“stage words on the home page”
Sep 15, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported1Mar 11, 2024FactForm ADV
WebsiteMar 11, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersMicro VC, probable · 2 filing advisers share this firmShow
Importance
11
low
Active deployment
64
high
Emerging
0
low
Freshness
92
high
Micro VC · probableSEC registered investment adviser

Venture manager, reported GAV $1.9M across 2 vehicles

This firm files as 2 advisers on elevatecapitaladvisors.com: Elevate Ventures. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0 · funds: 0.17 · people: 0.2 · investments: 0 · co investors: 0.34
active deployment
investments 12m: 0.13 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-17
emerging manager
fund count: 2 · reported gav: $1.9M · first adv filing: 2020-11-18 · years since first filing: 5.9

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

8 scored matches, best firstas of
  • score 46.3confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 46.3confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 42.3confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

+5 more scored matches

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2020-11-18source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.