Elve Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 45

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 10

Elve General Information

Description

Manufacturer of high-efficiency lightweight millimeter-wave and near-terahertz power amplifiers intended to enable wireless connectivity. The company integrates advanced agile manufacturing technologies into vacuum electronic devices, providing companies with widespread connectivity online experience.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1440 Drew Avenue
  • Davis, CA 95618
  • United States
Primary Industry
Wireless Communications Equipment
Other Industries
Electronic Equipment and Instruments
Connectivity Products
Corporate Office
  • 1440 Drew Avenue
  • Davis, CA 95618
  • United States

Elve Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Elve Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 19-Aug-2026 Completed Generating Revenue
5. Early Stage VC (Series A) 22-Feb-2024 Completed Generating Revenue
4. Accelerator/Incubator 18-Jul-2023 Completed Generating Revenue
3. Seed Round 02-Jan-2023 Completed Generating Revenue
2. Seed Round 27-Aug-2021 $3M $3M Completed Generating Revenue
1. University Spin-Out 01-Apr-2020 Completed Generating Revenue
To view Elve’s complete valuation and funding history, request access »

Elve Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A
Seed 2
Seed 1 3,631,687 $0.000010 $0.57 $0.57 1x $0.57 22.56%
To view Elve’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Elve Patents

Elve Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240371594-A1 Air-cooled depressed collectors and methods Pending 07-May-2023
EP-4710356-A1 Geometric features for layer and feature alignment and inspection for use in layered additive manufacturing of passive and active radio frequency (rf) electronics Pending 07-May-2023
US-20240371593-A1 Geometric features for layer and feature alignment and inspection for use in layered additive manufacturing of passive and active radio frequency (rf) electronics Pending 07-May-2023
WO-2024233058-A1 Geometric features for layer and feature alignment and inspection for use in layered additive manufacturing of passive and active radio frequency (rf) electronics Inactive 07-May-2023
EP-4710386-A2 Geometric transformations for radio frequency (rf) performance in layered additive manufacturing of passive and active rf electronics Pending 07-May-2023 H01P5/024
To view Elve’s complete patent history, request access »

Elve Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Elve Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
In-Q-Tel Not-For-Profit Venture Capital Minority
Lockheed Martin Ventures Corporate Venture Capital Minority
TomEnterprise Family Office Minority
Upsher Management Company Family Office Minority
Valera Capital Family Office Minority
You’re viewing 5 of 10 investors. Get the full list »

Elve FAQs

  • When was Elve founded?

    Elve was founded in 2020.

  • Where is Elve headquartered?

    Elve is headquartered in Davis, CA.

  • What is the size of Elve?

    Elve has 45 total employees.

  • What industry is Elve in?

    Elve’s primary industry is Wireless Communications Equipment.

  • Is Elve a private or public company?

    Elve is a Private company.

  • What is Elve’s current revenue?

    The current revenue for Elve is .

  • How much funding has Elve raised over time?

    Elve has raised $22M.

  • Who are Elve’s investors?

    In-Q-Tel, Lockheed Martin Ventures, TomEnterprise, Upsher Management Company, and Valera Capital are 5 of 10 investors who have invested in Elve.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process