Fort Worth fintech that provides online installment loans, lines of credit and credit cards to non-prime US consumers through its RISE, Elastic and Today Card brands.
Elevate Credit offers tech-enabled online credit products to non-prime consumers. Its Blueprint platform uses advanced analytics for underwriting, and the company works both as a state-licensed lender and as a service provider to FDIC-regulated banks. It earns money from interest and fees on loans and credit lines. It was founded in 2014, listed on the NYSE (ELVT) in 2017, and was acquired by Park Cities Asset Management in 2022–2023. It reports having originated over $10 billion in credit to more than 2.7 million consumers.
BoardSequoia CapitalVenture capital· Saundra Schrock (Independent director (former JPMorgan EVP) designated as Sequoia's official board representative from 2016)93 partners on file
BoardSequoia CapitalVenture capital· Michael Goguen (Former Partner at Sequoia Capital; Elevate director until removed March 2016)93 partners on file
BoardTCVVenture capital· John Rosenberg (General Partner at Technology Crossover Ventures; Lead Director on Elevate's board)23 partners on file
