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Elevate Ventures
Elevate Ventures nurtures and develops emerging and existing high-potential businesses into high-performing, Indiana-based companies. We accomplish this by providing rigorous business analysis and robust advisory services that connect companies with the resources they need to succeed long-term. As a not-for-profit organization, we are able to offer unbiased, in-depth perspective and recommendations.

At Elevate Ventures, we know that Indiana capital isn't always easy to come by. Because of that, we make every effort to make venture capital dollars more accessible to Indiana startups and entrepreneurs. One way we do that is through introductions to other venture capital firms and angel investors - and another way is through the management of three funds that provide venture capital-type investments to Indiana-based companies during their early stages of growth.

Photo of Stephen Hourigan, Elevate Ventures Stephen Hourigan
CEO
Elevate Ventures

Mr. Hourigan serves as CEO of Elevate Ventures, Inc. and oversees the management of investment and outreach programs, and has served as a primary resource for entrepreneurs with high-growth, high-technology innovation.

With a strong background in finance and entrepreneurship, Mr. Hourigan brings experience to his new role as the state's chief entrepreneurial consultant. He most recently worked as the Managing Director of the 21 Fund. Previously, Mr. Hourigan worked as the chief strategic officer for debt mediation firm, Preferred Financial Solutions. Prior to that appointment, Mr. Hourigan served as a business development consultant for Chart Logic, a Utah-based electronic health record firm that Mr. Hourigan turned around in less than 9 months to profitability. Earlier in his career, Mr. Hourigan co-founded and served as a senior executive of a technology solutions company before executing a successful sale of the firm. He has also served in various senior trading and finance positions with New York City investment firms including First Boston Corporation, UBS Securities and AMT Capital.

Mr. Hourigan sits on the Board of PDS Biotechnology Corporation, Policystat, Wellfount, and Vocare. He is a co-author of a patent in automated loan-risk assessment and holds a Bachelor of Science in Political Science from Bowdoin College in Brunswick, Maine.

Representative Investments
Emerging Threats Pro Emerging Threats Pro is a cyber security research organization dedicated to pushing the boundaries of what's possible to detect and quickly protect against to provide comprehensive, fast and innovative coverage to our users. The company's products include rulesets for the Suricata and Snort IDS engines as well as IP reputation data feeds.
RedPost's RedPost's software delivers posters to remote digital signs and smartphones, over the Internet. The product is a high-tech replacement for the paper poster-plastered walls you see in coffee shops, restaurants and bars. When you're waiting in line for your coffee, you watch posters flip by on our digital sign. If you see a poster you like, you scan the QR code with your smartphone and lookup the poster on our mobile website, saving it for later.
Wolfpack Chassis' Wolfpack Chassis' mission is to be the preferred provider of high quality, innovative chassis systems and related components for the manufactured housing and recreational vehicle industries by leading the market in delivering value to our customers.
Stray Light Stray Light is a leading designer and manufacturer or luminaries utilizing light emitting plasma (LEP). Stray Light offers an array of high efficiency, high output fixtures. Its outdoor lighting fixtures include construction, tower, canopy, street, and parking lights. Our indoor fixtures include high bay, aquarium, exhibit, and architectural lights. It also offers a variety of control schemes to add dimming capabilities to your green lighting strategy. Stray Light also specializes in services such as concept evaluation, specifications development, prototype development, full-scale product development, and product improvement. We have the expertise, tools, and interest to work in the fields of optics (photonics), lighting (including LED, LEP, and traditional), energy storage, software and controls, green" systems



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