Funding round
Elevate Growth
Reported as "Growth Equity"
Elevate, which works in sports and entertainment consulting services in New York, raised $500M in a Growth round announced on 9 Jun 2025, led by Velocity Capital Management and Texas Permanent School Fund. 2 firms took part.
$500M
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Elevate did not disclose a valuation in this round. It is Elevate's first venture round on record, 7 years after it was founded in 2018. No later venture round is on record for Elevate.
Elevate's funding rounds
This is the only venture round on record for Elevate.
- Growth this round 9 Jun 2025, led by Velocity Capital Management and Texas Permanent School Fund $500M
Investors
Who put money in
Velocity Capital Management and Texas Permanent School Fund led the round.
Lead investors
- backs 3 venture-backed companies new investor
- new investor
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Digital & Marketing Agencies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Digital & Marketing Agencies | 4 Jul 2025 | undisclosed | not disclosed | not named |
| Digital & Marketing Agencies | 12 Feb 2025 | undisclosed | not disclosed | not named |
| Digital & Marketing Agencies | 19 Nov 2024 | $8.2M | not disclosed | Whiterock Capital |
| Digital & Marketing Agencies | 25 Mar 2026 | $40M | not disclosed | Volition Capital |
| Digital & Marketing Agencies | 26 Sep 2024 | $25M | not disclosed | Rigel Capital and SMDV |
| Digital & Marketing Agencies | 10 Mar 2026 | undisclosed | not disclosed | not named |
| Digital & Marketing Agencies | 14 Apr 2026 | $25M | not disclosed | Advantage Capital |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Elevate raise in its Growth round?
Elevate raised $500M in its Growth round, announced in Jun 2025.
Who led Elevate's Growth round?
Velocity Capital Management and Texas Permanent School Fund led it.
What was Elevate's valuation at the Growth round?
It was not disclosed.