General Info
Nitin Rai is the Founder and Managing Director of Elevate Capital, a diversity, equity, and inclusion focused fund that invests in underrepresented entrepreneurs. Elevate Capital’s investment thesis centers around early-stage investments, particularly in companies led by women, minorities, and veterans. The firm has a geographical preference for startups based in Oregon and predominantly focuses on investments in the Future of Work, Energy, and Cybersecurity sectors. Nitin Rai has a successful track record in guiding startups to success, including notable investments in companies like RFPIO. Elevate Capital typically writes check sizes ranging from $2 million to $25 million and emphasizes collaborative and supportive partnerships to empower entrepreneurs to reach their full potential.
Location: Portland, OR
Country: India
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Investment Stages: pre-seed, seed
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🤖 AI Activity Report
Status: very-active
AI Reasoning: Search results show Elevate Capital and Nitin Rai active; recent activity includes Elevate Capital press and posts in 2025 (e.g., Elevate site news referencing February 6, 2025). The investor has investments such as RFPIO historically; the presence of public activity in 2025 indicates last known investment within past 6 months, classifying as very-active.
Angel activity thresholds:
Low Activity – Only known angel investments more than 12 months ago.
Active – Known angel investments between the last 12 and 6 months.
Very Active – Known angel investments in the last 6 months.
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