Companies · Other Technology

Elevate CDB, Inc.

DOVER · Other Technology

Diligence memoA one-page analyst read on Elevate CDB, Inc. — recommendation, valuation, rhythm, risks.
$48.9M
Total raised · real
5
Rounds
0.5×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Tue Oct 15 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Elevate CDB, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.25× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
Quiet
  • Last raise 20 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Elevate CDB, Inc. is one of 21292 Other Technology companies tracked from DOVER. By capital raised it ranks among the largest (ahead of 93% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2020
Year incorporated
2024-10-15
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeed · 2021-01-29 Raised $3.0M (real) Modeled valuation $77M (est)$3.0M$77MSeed2021Series A · 2021-07-01 Raised $12M (real) Modeled valuation $222M (est)$12M$222MSeries A2021Series A · 2022-02-18 Raised $10M (real) Modeled valuation $149M (est)$10M$149MSeries A2022Series B · 2023-03-28 Raised $15M (real) Modeled valuation $180M (est)$15M$180MSeries B2023Series B · 2024-10-15 Raised $8.0M (real) Modeled valuation $54M (est)$8.0M$54MSeries B2024+$12M+$10M+$15M+$8.0MCumulative $49M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$3.0M · 2021
Series A$12.0M · 2021
Series A extension$10.4M · 2022
Series B$15.5M · 2023
Series B extension$8.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$54.0M
Base estimate est.
$19.6M
Conservative case
$91.4M
Upside case
$44.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $76.8M · 2021-01-292021Series A · modeled $222.1M · 2021-07-01Series A · modeled $148.9M · 2022-02-18Series B · modeled $180.4M · 2023-03-28Series B · modeled $54.0M · 2024-10-152024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
1.7 yr
Elapsed time used
1.7 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$13.2M/yr
Capital velocity
5.4 yr
On record since
2021
First round
5
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 15× above median
This company$48.9M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.4× of median
This company$8.0M
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 1.4× above median
This company$54.0M
Sector median$37.3M

Raised more than 93% of sector peers (real $). Modeled value above 59% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #447 of 514.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Contabilizei Co · Series B Raised $66.4M · modeled $707.8M (est)Skan, Inc. · Series B Raised $39.3M · modeled $684.7M (est)Design Barn Inc. · Series B Raised $37.0M · modeled $662.7M (est)SKAEL, Inc. · Series B Raised $37.9M · modeled $658.4M (est)Maze.Design, Inc. · Series B Raised $57.0M · modeled $649.8M (est)Infinity Stones Inc. · Series B Raised $78.9M · modeled $648.5M (est)GridX, Inc. · Series B Raised $54.7M · modeled $623.3M (est)Convictional, Inc. · Series B Raised $43.4M · modeled $608.7M (est)SourceDay, Inc. · Series B Raised $58.0M · modeled $599.3M (est)Xatabase, Inc. · Series B Raised $35.0M · modeled $596.0M (est)Concord SCC Ltd · Series B Raised $39.8M · modeled $585.1M (est)sovrn Holdings, Inc. · Series B Raised $80.4M · modeled $559.5M (est)Elevate CDB, Inc. (this company) Raised $48.9M · modeled $54.0M (est)Elevate CDB, Inc.
CompanyStageRaised · realValue · estvs peer med.
Contabilizei CoSeries B$66.4M$707.8M3.30×
Skan, Inc.Series B$39.3M$684.7M3.19×
Design Barn Inc.Series B$37.0M$662.7M3.09×
SKAEL, Inc.Series B$37.9M$658.4M3.07×
Maze.Design, Inc.Series B$57.0M$649.8M3.03×
Infinity Stones Inc.Series B$78.9M$648.5M3.02×
GridX, Inc.Series B$54.7M$623.3M2.90×
Convictional, Inc.Series B$43.4M$608.7M2.84×
SourceDay, Inc.Series B$58.0M$599.3M2.79×
Xatabase, Inc.Series B$35.0M$596.0M2.78×
Concord SCC LtdSeries B$39.8M$585.1M2.73×
sovrn Holdings, Inc.Series B$80.4M$559.5M2.61×
Elevate CDB, Inc. this companySeries B$48.9M$54.0M0.25×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$3.0M2021-01-29$14.9M$76.8M90%
Series A$12.0M2021-07-01$54.5M$222.1M90%
Series A$10.4M2022-02-18$47.3M$148.9M90%
Series B$15.5M2023-03-28$86.1M$180.4M90%
Series B$8.0M2024-10-15$44.4M$54.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$3.0M2021-01-29
    • First recorded raise — entered as Seed.
    • 9 investors on this round.
  2. Series A$12.0M2021-07-01
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 4.0× larger than the prior — scaling up.
    • 9 investors on this round.
  3. Series A$10.4M2022-02-18
    • Came back fast: 8 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  4. Series B$15.5M2023-03-28
    • Raised 13 mo later, in step with the ~13 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 4 investors on this round.
  5. Series B$8.0M2024-10-15
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~11mo cadence
$8.0M
Modeled next size est.range $8.0M$12.8M
0.5×
Last step-up
$13.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Michael C. Brown, Jr.6 other2021-01
Alicia C. Oberg2024-10
Brian Brian Strom2021-01
Christian C. Ostberg2024-10
Ellie Brian Wheeler2022-02
Ellie C. Wheeler2023-03
James Brian Cosgray2021-01
Jim Brian Lynch2022-02
JIM C. LYNCH2021-07
Keith C. Soranno2024-10
Melanie Brian Hallenbeck2022-02
Melanie C. Hallenbeck2023-03
Michael Brian Brown, Jr.2022-02
Randy C. Fernando2024-10
Ruth C. Foxe Blader2024-10
Scott Brian Rose2022-02
Scott C. Rose2023-03
Sean Brian Jacobsohn2022-02
Sean C. Jacobsohn2021-07
Registry & provenance

Elevate CDB, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1844410
SEC CIK
2020
Incorporated
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Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Pls Inc.Other TechnologySeries B$42.3M$56.2Msame sector · same stage
xMatters Holdings, Inc.Other TechnologySeries B$42.1M$54.5Msame sector · same stage
Leaf Group Ltd.Other TechnologySeries B$41.0M$55.4Msame sector · same stage
Zapata Computing, Inc.Other TechnologySeries B$65.8M$52.7Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Elevat Inc.Other TechnologySeries A$34.8M93%
Elevateu, Inc.Other TechnologyPre-Seed$9.5M93%
ElevateIQ, Inc.Other TechnologyPre-Seed$3.0M92%
Elevate Valle Vista LLCOther TechnologySeed$31.4M87%
Elevate Services, Inc.OtherSeries A$22.3M87%
Elate, Inc.Other TechnologySeries A$19.4M87%
Elevation Microsystems, Inc.Other TechnologySeries A$71.4M85%
Xevant, Inc.Other TechnologySeries A$58.5M85%
Frequently asked
How much funding has Elevate CDB, Inc. raised?
Elevate CDB, Inc. has raised approximately $48.9M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Elevate CDB, Inc.'s estimated valuation?
Provath's modeled valuation for Elevate CDB, Inc. is approximately $54.0M (modeled range $19.6M–$91.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Elevate CDB, Inc. at?
Elevate CDB, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Oct 15.
What does Elevate CDB, Inc. do and where is it based?
Elevate CDB, Inc. operates in the Other Technology sector, based in DOVER.
Explore related

See where Elevate CDB, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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