|Description||Venture Capital firm|
|Fund III, 1/2014||$125M|
Elevar takes a thesis-led approach to identifying investment themes that draw heavily on grassroots community observations, macro market analysis and our own prior investing experience.
Our investment process begins with the identification of large, socially coherent but disconnected groups. Viewing these groups as large sources of untapped economic and social value, Elevar develops investment themes around specific products or services that can link disconnected groups to global systems, prioritizing opportunities based on the community’s expressed needs for specific essential products or services. Development of investment themes comes from a “bottom-up” understanding of the needs of clients and the relevant market space. Elevar’s investing is driven by specific requests from clients of existing portfolio companies with regard to the products and services that are needed by them. This is complemented by “top-down” research and analysis that encompass macroeconomics, nation level assessment and development oriented research.
We have seen through our investment results that community isolation is a condition best solved through access – access provided by entrepreneurial, high volume and low margin customer-focused business models. Our major investment themes thus far include: high growth commercial microcredit and community banking, remote payment services, small business credit, low-income housing services, rural healthcare and migrant worker services.
|Shubham Housing Development Finance Company||11/2012||Series B||$8M||4|
|Comat Technologies||10/2008||Series C||$15M||2|