Elevate Credit logo
Founded 2014

Elevate Credit

2020 Revenue

$638.9M

YOY

-27.17%

Funding

$0.0

How Elevate Credit hit $465.3M in Revenue with 2M Customers in 2020.

About Elevate Credit

Elevate Credit Inc provides online credit solutions. The company provides credit to non-prime consumers, many of whom face reduced credit options and increased financial pressure due to macroeconomic changes over the past few decades. It has one reportable segment, which provides online financial services for subprime credit consumers, which is composed of the company's operations in the United States and the United Kingdom. The company derives most of its revenue from the United States.

Monthly Revenue

$38.8M

- $14.5M (-27.17%)
Total Expenses

$38.8M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

-27.17%

=
Rule of 40

-27


Headquarters

Fort WorthTexasUnited States
$Funding$Revenue

Elevate Credit Revenue

In 2020, Elevate Credit revenue run rate hit $638.9M in revenue.

-27.00%▼$638.9M$465.3M

Elevate Credit Valuation and Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation

Customers

Elevate Credit has 2M customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Elevate Credit has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Elevate Credit has 516 employees. They have 7 sales reps that carry a quota They have an engineering team of 115. and a marketing team of 11.

2021
DistributionQty

Total Team Size

516

Engineers

115 (22%)

Sales

7 (1%)

Marketing

11 (2%)

CEO/Founder

Jason Harvinson


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Elevate Credit

When was Elevate Credit founded?

Elevate Credit was founded in 2014.


Who is the CEO of Elevate Credit?

The CEO of Elevate Credit is Jason Harvinson


How many employees does Elevate Credit have?

Elevate Credit has 516 employees.

How much revenue does Elevate Credit generate?

Elevate Credit generates $638.9M in revenue.


How much funding does Elevate Credit have?

Elevate Credit has raised $0.0.


Where is Elevate Credit headquarters?

Elevate Credit is headquartered at Fort WorthTexasUnited States

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