Elevated Signals Raises $7.9 Million in Series A

Elevated Signals Raises $7.9 Million in Series A

Elevated Signals, a Vancouver, BC-based company that provides modern manufacturing software, has secured $7.9 million in Series A funding.

The round was led by Yaletown Partners, with participation from Third Kind Venture Capital, WGD Capital, Colin Harris, Raiven Capital, and Pareto Holdings.

Founded in 2002, Yaletown Partners is a venture capital firm based in Vancouver, Canada. The firm seeks to invest in seed, early, late, and growth-stage companies based in Canada. The firm invests in software, data, and device technologies that disrupt and modernize traditional industries, services, real estate, and infrastructure sectors.

The company will use the funds to fuel its expansion into high-growth manufacturing businesses, particularly in food, energy, health, and beyond.

Founded in 2016, Elevated Signals provides modern manufacturing software, tailored for the complex operations of fast-growing manufacturing businesses. The company’s platform is lightweight and flexible to set a new standard for manufacturing. Its cloud-based platform simplifies processes and automates the capture of real-time data, aiding operational optimization and AI integration. Elevated Signals now serves a range of Small and Medium-sized Businesses (SMBs) in diverse sectors including controlled environment agriculture, natural health product manufacturing, critical minerals recovery, mining, and more.

Funding Details

Company: Elevated Signals, Inc.

Raised: $7.9M

Round: Series A

Funding Month: February 2024

Lead Investors: Yaletown Partners

Additional Investors: Third Kind Venture Capital, WGD Capital, Colin Harris, Raiven Capital, and Pareto Holdings

Company Website: https://www.elevatedsignals.com/

Software Category: Manufacturing