Led by Anthemis, the round has also raised money from Fin Capital and existing investors Norwest Venture Partners, Greycroft, Bowery Capital, and Firebolt Ventures. By further enhancing Elevate's innovative capabilities, including AI, as well as its go-to-market strategy and customer acquisition, with this funding, the company solidifies its position as the successor to the legacy providers.

Elevate is a cutting-edge consumer-directed benefits platform that prioritizes the needs of both employees and partners. Our platform is built on an API-driven cloud infrastructure, with a focus on configurability, embeddability, and real-time automation. Our team of industry experts recognized the need for modern technology in an outdated industry, which led to the creation of Elevate. We collaborate with forward-thinking partners, including PEOs, TPAs, Health Plans, Benefits Administrators, and Employee Financial Services companies, to provide a unified experience for employers and employees.