Elevada Moves to TechTown upon Invest Detroit Ventures Funding

With the ubiquity of big data and analytics, Elevada’s technology is [solving] for the biggest pain points … data harmonization and improving access to usable data.

Elevada, which solves knowledge workers’ needs for data agility, is pleased to announce its graduation from Southern California’s EvoNexus incubator program. Seeded by Invest Detroit Ventures, Elevada moves its headquarters from San Diego to Detroit and will be based out of TechTown in Midtown Detroit. Founded in 2014, Elevada provides agile data preparation and automation tools for customers in healthcare, pharma, life sciences and IoT industries.

“We are excited about our move to the Midwest and impressed by the growing tech environment fostered in Detroit,” says Elevada’s CEO, Peter Dresslar. “Being a part of Invest Detroit’s portfolio and TechTown’s network will allow us to connect with prospects and partners as well as allow us to speed up our release cycles for our growing client base.”

Invest Detroit is a certified Community Development Financial Institution through private, public and philanthropic sectors. Its affiliate Invest Detroit Ventures is committed to serving early-stage, regional startups with capital and growth opportunities.

Patti Glaza, GM of Invest Detroit Ventures explains, “We are very excited to work with the Elevada team. With the ubiquity of big data and analytics, Elevada’s technology is helping companies solve for the biggest pain points which are data harmonization and improving access to usable data. Elevada is a prime example of how Invest Detroit is investing in startups with great growth potential for the benefit of the region.”

Founded by Wayne State University, TechTown offers incubation and acceleration strategies for tech companies to thrive. The growth of tech companies is strengthening neighborhood small businesses and commercial corridors across Detroit.

“We are grateful to our partners at Invest Detroit in efforts to grow innovation in our region by supporting our local entrepreneurs,” says Paul Riser, GM of TechTown’s Tech Entrepreneurship. “Having Elevada as part of the greater TechTown community is an asset to our users and partners who are reliant on data. Data agility and time-to-data are becoming…

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