Elevator Fund

Elevator Fund Overview

Elevator Fund invests in early-stage Israeli talent and acts as a full strategic, operational, and financial partner. Ithas developed a method for early-stage start-up funding with a focus on accelerating market validation, a process that typically takes 18 months. Elevator makes small investments of less than $1 million in companies itbelieves have the potential to reach market readiness in under five months. With Elevator acting as their operational partner, companies can generate revenue before they're ready to raise additional funds. After a company has outgrown the seed stage, Elevator can then invest additional capital and will often syndicate a company's seed round. Elevator takes 8%15% for its initial investment and product validation, and the market prices the value of the additional financing.

Latest News

Aug 6, 2013 · www.globes.co.il

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Leumi to invest in financial technology start ups

Bank Leumi and Elevator are launching a joint FinTech Innovation Hub to provide startups with the tools they need to thrive in the world of financial technology. The program will offer startups a package of business and technological support, including consultation, mentorship, and access to Leumis Beta Site. The value of the program could reach over $200,000, with an additional $20,000 direct investment. The first round of the program will be launched in late September. The collaboration aims to support Israeli technology companies and foster innovation.

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3

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Ahad Ha'Am Street 35, Tel Aviv-Yafo, Israel

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