+11%

est. 2Y upside i

EdTechSeries B

Elevate is a cognitive-training app that encourages lifelong learning by building communication and analytical skills.

Rank

#2549

Sector

Educational Software

Est. Liquidity

~3Y

Data Quality

Data: Low

Equity upside is limited (expected ~10.7%) due to a stale valuation, high preference stack risk, and intense competition.

Last updated: July 3, 2026

Bull (15%)+86%

If an IPO window opens, multiple expands to 6x on $15.5M revenue, implying $93M exit. Common stock benefit from expansion despite preference overhang.

Base (50%)+24%

Multiple converges to 4x on $15.5M revenue, exit value $62M. Common equity grows modestly, preference risk remains but manageable.

Bear (35%)-41%

Multiple compresses to 2.5x on $15.5M revenue, exit value $38.75M. After 1x preferred liquidation preference of $22.3M, common stock recovers only $16.45M, a 40.6% loss.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

4460%

Total funding of $22.3M represents 44.6% of estimated entry valuation, giving preferred shareholders significant liquidation priority.

Dilution Risk

low

Company is profitable with no recent funding round since 2019, suggesting no imminent need for dilutive financing.

Secondary Liquidity

none

No secondary market activity reported; shares are illiquid until a liquidity event.

Whole Company — 1 role

View all 4 open roles at Elevate →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Elevate's data — designed to show you've done your homework.

  • 1

    “How does Elevate plan to differentiate from built-in wellness features on iOS/Android?”

  • 2

    “What is the path to $50M revenue given the current run rate and market growth?”

  • 3

    “What is the 409A valuation and how often is it refreshed? Any secondary market activity?”

Community

Valuation Sentiment

Our model estimates +11% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.