NEW YORK, NY--(Marketwired - Aug 2, 2017) - Elevate Innovation Partners (EIP), a New York City-based early to mid-stage venture capital fund, today announced the first close of its Venture Capital fund. Consistent with EIP's focus, the fund will seek to capitalize fintech, enterprise software, marketing analytics and new media platform startups that have validated business models and are generating revenue. The geographic focus is on the U.S. East Coast with selective investments in India, Germany and Netherlands -- all regions where the fund has local partners.
The general partners and board of EIP possess significant investment experience. Chairman and founding member of EIP's board, Sridhar Chityala, has held executive management roles at JP Morgan, Citi and Wachovia. EIP's leadership team includes:
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