Funding Innovation for the Next Generation of Tech

Southern California innovation is taking off.

Southern California will thrive, with local capital and entrepreneurs reinvesting into our own innovation ecosystem. Until now, local tech and healthcare startups have had to look to other areas for their initial rounds of institutional funding – right now, only 13% of the capital needed is here available locally.

Our objective is for the companies that start here to stay here. We want them to receive funding here, grow here, provide superior investor returns, and create high paying jobs locally, then repeat that process – all here in Southern California to fund the next generation of Southern California.

At Elevation Ventures, we’re ready to launch.

A Critical Need

Research has proven that an area without enough capital will fall behind ecosystems with sufficient capital access. Elevation Ventures improves access to local capital.

Impressive Historical TVPI

Elevation utilizes Octane’s award-winning LaunchPad SBDC Accelerator in the investment process. Investment in 10 select LaunchPad companies resulted in TVPI* of 4.35x over five years.

Founded by Octane

Elevation Ventures is a venture capital fund founded by Octane. Elevation is part of the Octane mission to make Southern California a better place for innovation.

We invest in promising Tech, Healthcare, and Climate Tech startups at the Series A round and beyond.

Tech

Cybersecurity, FinTech, and Data Analytics are among the emerging industries in Southern California. Elevation Ventures focuses on up-and-coming companies in these sectors.

Healthcare

Orange County is an epicenter for innovation in healthcare and is home to many successful companies in this sector. Elevation invests in companies creating Med Devices, Pharma, and Biotechnology solutions and other growing verticals in the sector.

We utilize a proven process to vet our portfolio companies before investing.

Elevation Ventures leverages Octane’s LaunchPad SBDC proven process as a unique method to vet companies based on data. LaunchPad is a rigorous program that has successfully identified and helped develop top startups for over ten years. LaunchPad has accelerated a greater percentage of minority-led companies than historical averages. By co-opting this process, Elevation will provide funding opportunities to entrepreneurs often overlooked by VC’s.

Following in-depth counseling sessions focused on refining the company’s market opportunity, business plan, technical solution, and more, startups in the Accelerator pitch their business in front of a panel of industry experts. The company is evaluated on expert feedback and advanced data analytics in over 30 key metrics that reveal each company’s strengths and weaknesses. Our data is a powerful predictive tool for a company’s success.

Since 2010, 577 LaunchPad Alumni have raised over $2.85 billion in capital, 516 remain operational, 22 have acquired for over $1.8 billion and created 17,096 jobs.

Once the LaunchPad process identifies the very best companies, the Elevation Ventures team does further due diligence with our Advisory Committees before our Investment Committee votes on an investment. Only deals approved unanimously get capital.

Elevation Ventures leverages Octane’s LaunchPad SBDC proven process as a unique method to vet companies based on data. LaunchPad is a rigorous program that has successfully identified and helped develop top startups for over ten years. LaunchPad has accelerated a greater percentage of minority-led companies than historical averages. By co-opting this process, Elevation will provide funding opportunities to entrepreneurs often overlooked by VC’s.

Following in-depth counseling sessions focused on refining the company’s market opportunity, business plan, technical solution, and more, startups in the Accelerator pitch their business in front of a panel of industry experts. The company is evaluated on expert feedback and advanced data analytics in over 30 key metrics that reveal each company’s strengths and weaknesses. Our data is a powerful predictive tool for a company’s success.

Since 2010, 577 LaunchPad Alumni have raised over $2.85 billion in capital, 516 remain operational, 22 have acquired for over $1.8 billion and created 17,096 jobs.

Once the LaunchPad process identifies the very best companies, the Elevation Ventures team does further due diligence with our Advisory Committees before our Investment Committee votes on an investment. Only deals approved unanimously get capital.

Our Team & Advisors are business experts with decades of experience.

 

JC Ruffalo

Elevation Fund Manager, Fund Investment Committee

Paul Tobin

Elevation General Partner, Fund Investment Committee & President Octane Enterprise Solutions (OES)

Bill Carpou

Elevation Managing Partner, Fund Investment Committee &  CEO of Octane, GP Visionary Ventures

Vijay Nagappan, Sr. Advisor

Partner, MHS Capital
Sr. Advisor & Chairman, Elevation Capital Investment Committee

About Elevation Ventures
Our Process
Our Team