Elate Raises $4.9M in Series A Funding

Funding Rounds

Summary

Elate, an Indianapolis, IN-based provider of cloud-based strategic planning software, raised $4.9M in Series A funding. The company intends to use the funds to invest in product development as well as support current and future customers through an expanded go-to-market strategy. Led by Brooks Busch, CEO, Elate provides a strategic planning platform to help companies communicate vision, create alignment, and drive outcomes all in one place. The strategic planning solution helps businesses define strategies and track execution across disparate teams. Going beyond a traditional objectives and key results (OKRs) framework, the platform guides leaders through a strategic planning process, providing recommendations and best practices to execute at the highest level and removing internal siloes to maximize transparency organization-wide.

$ Funding

$
Amount $4.9M Total raised
Date March 14, 2023 Announcement date
Investors - Lead investors
Company http://www.goelate.com Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies