Unlocking Human Potential: Why Elevate Capital Invests in Underestimated Entrepreneurs
Join Elevate Capital alongside Miami Angels for an exclusive event hosted by Holland & Knight on Wednesday, November 13th, designed specifically for accredited investors. Together, we will explore the transformative power of diversity in entrepreneurship.
Studies show that companies with ethnic and gender diversity outperform their peers by 25-35%. Yet, founders from these backgrounds receive only 3% of venture funding, with women of color securing just 0.39%.
Through a conversation moderated by Craig Edelstein, join Nitin Rai, Founder and Managing Partner of Elevate Capital, as he shares insights of Elevate’s mission to empower underserved entrepreneurs. Meet portfolio founders Ania Rodriguez (JourneyTrack) and Obi Omile (theCut), and discover how Elevate’s investment and mentoring strategies have led to extraordinary performance in under six years, showcasing the immense potential of underestimated entrepreneurs. Finally, gain valuable insights from Nat Parker, a current limited partner, as he shares his experience and perspective on the transformative impact of investing in Elevate Capital.
Indulge in an evening of engaging conversation, networking with like-minded visionaries, while enjoying light bites and refreshments.
"One of the reasons I decided to work with Nitin is because he’s an entrepreneur himself. With Elevate, his story has always been based around being able to give back. However, he wants to give back to businesses that are able to be sustainable and grow. I returned his investment in a very short amount of time, and immediately became an investor in Elevate. This is what Elevate is about: creating generational wealth and creating a circle of community that raises everyone up at the same time." - Allie Magyar, HUBB
About Elevate Capital
Elevate Capital focuses on underserved founders, demonstrating that backing diverse entrepreneurs not only closes the opportunity gap but also leads to substantial returns. By enhancing their networks and providing strategic support, we drive growth while creating opportunities for outsized returns and generational wealth.
Performance of Fund I & II:
Fund I: With a 17% net IRR and 18% annualized cash return, Elevate Capital Fund I has outperformed the industry norm. Seven successful exits and a 4x average exit multiple have driven the creation of $60M in realized generational wealth, with another $200M in unrealized wealth. Elevate Fund I is in the upper mid quartile for DPI.
Fund II: Continuing the trend, Fund II’s companies have already generated over $100M in revenue, with a current combined market cap of $837M, solidifying Elevate’s reputation for delivering superior returns through an inclusive investment strategy.
Through these funds, Elevate Capital has deployed more than $50M to 61 startups, creating not just financial success but multi-generational wealth for the founders and their communities. Fund III continues this trajectory, targeting $100M to support the next generation of diverse entrepreneurs.
About Miami Angels
Miami Angels is an largest angel investor syndicate that unites exceptional entrepreneurs with accomplished accredited investors to foster success. The group comprises over 100 angel investors, many of whom have vast entrepreneurial backgrounds, and extends beyond capital provision to include access to talent and future funding. Miami Angels primarily invests in post-launch SaaS-enabled companies across multiple industry sectors. The group is committed to supporting founders from diverse backgrounds and encourages direct communication from entrepreneurs, eliminating the need for warm introductions or formal applications.