Dedication from Elevate Capital Pays Off with $25M for RFPIO

Dedication from Elevate Capital Pays Off with $25M for RFPIO

RFPIO was in our first cohort of investments that we made at Elevate Capital. I met RFPIO’s CEO, Ganesh Shankar, even before I launched Elevate. When Ganesh came to pitch at a TiE event in January 2016, I immediately sensed his passion and drive. It was infectious right from the beginning.

The Unequal Geographic Distribution of Venture Capital

While venture capital has been the fuel that powers innovation in America, it has long been concentrated in select major cities across the country. Given that the country’s most powerful and fastest-growing companies are clustered in hubs like the Silicon Valley, New York City, and Seattle, it’s not surprising that venture capital shares a similarly concentration.