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Elevate Capital Newsletter

September 2019


At Elevate Capital, we believe there is tremendous opportunity to invest early and offer mentorship to entrepreneurs. We provide the venture capital and guidance they need to turn their startups into great companies.

Portfolio Company Exit News: Garden Bar Joins Forces with Evergreens to Form Stronger Food Industry Brand

Elevate is excited to announce that Garden Bar, an Elevate Capital portfolio company since 2016, is joining forces with Evergreens to forge a stronger, unified brand in the Pacific Northwest food industry. 

"Combining Garden Bar with Evergreens’ vision and culture is the perfect opportunity for two great brands to make an even bigger difference in the Pacific Northwest—where our guests win with faster ordering, better ingredients, easier pricing, and a better experience all around," said Ana Chaud, Founder and CEO of Garden Bar. 

“We’re thrilled that this exit allows Ana to take her brand to a higher level by partnering with Evergreens,” said Nitin Rai, Founder and Managing Director of Elevate Capital. 

Nitin Rai and Ana Chaud

Read News Release

Elevate Capital Welcomes New Portfolio Company: TrayAway

Bringing modern hotel room service convenience to your guests is a snap with TrayAway. Once a guest has completed their meal, they simply click a TrayAway device notifying hotel staff their tray is ready for retrieval. TrayAway enhances the guest experience while ensuring beautiful hotel hallways are never cluttered with dirty room service trays. 

"We are innovating the hospitality industry by providing intuitive solutions that are ideal for their hectic operations," said Josh Johnston, President & Co-Founder of TrayAway. 

Read About TrayAway

Portfolio Company Spotlight: Bumped Celebrates First Anniversary Milestone

"It’s been over a year since we started bringing customers off the waitlist and onto the Bumped platform," said David Nelsen, Founder and CEO of Bumped. "Our full year of cards linked, loyalties selected, and customers becoming shareholders in the brands they love…"

Read Bumped’s Story

Founder Insights Video Series: Gabe Paez, The Wild

In our Founder Insights video series on the Elevate Capital YouTube Channel, Gabe Paez, Founder and CEO of The Wild shares what fueled his success story as an entrepreneur. 

"Any entrepreneur has a barrier right in front of them. My advice to anyone starting a business would be to see those barriers as giant hills and just keep climbing." – Gabe Paez

Watch Gabe’s Video

Looking To Get Dyrty? The Dyrt is Hiring 

The Dyrt is seeking a talented backend developer with a strong Ruby background to join The Dyrt team to solve exciting new problems in the outdoor space. In this role, you’ll be working to evolve and maintain The Dyrt’s API, data processing pipelines, and other backend systems. 

Apply Here
Garden Bar: "THE BUILDERS: From salads to locations, local chain CEO focuses on finding the right mix" (KGW8). "A popular Portland lunch spot is acquired by a Seattle partner" (Portland Business Journal). 

Hubb: "We’re proud to be recognized as the #18 fastest-growing company in Washington and #826 overall this year by Inc. Magazine, and named the #9 healthiest small employer in the Portland area by the Portland Business Journal," said Allie Magyar, Founder and CEO of Hubb

Hue Noir: "We are so happy to join the A’me-kə family," said Paula Hayes, Founder, President and CEO of Hue Noir Cosmetics. "A’me-kə is a black-owned online beauty retail space that provides an avenue for consumers to shop and buy from black-owned brands." 

The Wild: "To Portland startup, 'extended reality' is the future of collaboration" (Portland Business Journal). PBJ reports The Wild has gained traction with architecture, design and construction customers.

Upcoming 2019 Events

9/10: Noon to 1:00 pm
How the Series Seed (Equity Investment) Works
Live Online Session

9/12: 9:00 am to 10:15 am
Technology Round Table: IoT and Automatize Cars
First Insight Corporate Office
6723 NE Bennett St, Suite 200, Hillsboro, OR

9/18: 5:30 pm to 8:30 pm
TiE Pitch Club Portland
1355 NW Everett St, Portland, OR

9/26: 5:30 pm to 8:00 pm
XR (Extended Reality) Foundations for Business
135 Northeast 9th Ave, Portland, OR
Presented by The Wild and Torch, in partnership with 52 Limited

10/21: Application Deadline 
TiE Pitch Oregon 2019
Ten to 12 companies will be selected to pitch in the Concept and Seed Stages

Elevate Capital Sponsors

Copyright © 2019 Elevate Capital. All rights reserved.


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