Elevare Technologies

Early Stage

LEADING THE WAY TO VIRTUAL-AS-A-SERVICE AND THE CHARGE INTO VIRTUAL-COMMERCE

Overview

Platform

Rialto Markets

Start Date

05/01/2023

Close Date

10/29/2023

Min. Goal
$250,000
Max. Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$18,000,000

Year Founded

2022

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

St. Charles, Illinois

Business Type

High Growth

Elevare Technologies, with a valuation of $18 million, is raising funds on Rialto Markets. The company is developing Web 3.0 technologies to integrate with Web 2.0 technologies and applications. The business is launching The Eleverse, a digital meta world that offers virtual offices, video conferencing, a Board Room with smart capabilities, and a main lobby for digital networking. Steven J. Beaman founded Elevare Technologies in March 2022. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1.24 million. The campaign proceeds will be used for the retirement of liabilities, technology development, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$20,756

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,150,474

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$-24,636

$0

Accounts Receivable

$0

$0

Total Assets

$791,397

$0

Short-Term Debt

$311,135

$0

Long-Term Debt

$1,450,000

$0

Total Liabilities

$1,761,135

$0

Financials as of: 05/01/2023
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Elevare Technologies 10/29/2023 Rialto Markets $18,000,000 $0 Equity - Common Not Funded RegCF
Elevare Technologies 10/01/2023 Rialto Markets $18,000,000 $0 Equity - Common Active RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Elevare Technologies on Rialto Markets 2023
Platform: Rialto Markets
Security Type: Equity - Common
Valuation: $18,000,000
Price per Share: $10.00

Follow company

Follow Elevare Technologies on Rialto Markets 2023

Buy Elevare Technologies's Deal Report

Warning: according to the close date for this deal, Elevare Technologies may no longer be accepting investments.

Elevare Technologies Deal Report

Get KingsCrowd’s comprehensive report on Elevare Technologies including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Elevare Technologies is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Elevare Technologies deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge Pro