# Elevio Pty.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elevio-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.elev.io
- Total disclosed funding: $1.1M
- Latest round: Seed (Jul 1, 2016)
- Investors on record: 3

## About

Elevio Pty. Ltd., based in Australia, offers innovative contextual knowledge solutions aimed at enhancing customer support and engagement through its specialized software platforms.Elevio Pty. Ltd., founded in 2014, is centered in Melbourne, Australia, and focuses on developing customer support solutions. The company transitioned from its initial strategy to focus on contextual knowledge tools. Founded by Matt T., Elevio has completed 3 deals, with its most recent transaction occurring on February 17, 2021. Dixa ApS, a portfolio company of Notion Capital, Project A Ventures, and SEED Capital, acquired Elevio for AUD 19.4 million in cash and stock.Elevio specializes in providing contextual knowledge solutions designed to enhance customer support and engagement through their core product offerings. Their primary solution, the Elevio Embeddable Assistant, integrates seamlessly into web applications to offer in-app self-service support, allowing users to access search, help, and suggestions directly within the interface. This functionality aids in onboarding by enabling the addition of helpers and hotspots, thereby proactively guiding users as they navigate the platform. The company also offers a beautifully hosted knowledge base, facilitating easy access to documentation and resources, significantly reducing customer effort and support ticket volume. Elevio's client base consists of over 500 companies across various industries, including technology, education, and e-commerce, serving end-users with diverse needs in regions such as North America, Europe, and Asia-Pacific.Elevio generates revenue primarily through subscription-based pricing models for its software solutions. Clients typically engage in annual or monthly subscriptions to access the Elevio platform, which includes premium features tailored to enhance user experience and operational efficiency. The subscription structure allows businesses to scale their usage based on need while benefiting from continuous updates and support. Elevio's flagship product, the Elevio Embeddable Assistant, is integral to driving customer engagement and reducing support workload, making it a crucial component of the subscription offering. In addition to direct transactions with businesses, Elevio may also engage in partnerships that enhance its service capabilities and expand its market reach.Following its acquisition by Dixa ApS, Elevio aims to leverage the recent funding of AUD 19.4 million to enhance product development and expand its market reach. The company plans to innovate new features for its Elevio Embeddable Assistant and is targeting growth in markets across Europe and Asia-Pacific by the end of 2022. Elevio intends to utilize this investment to enhance its existing product offerings and support customer engagement strategies.

## Funding rounds

- Seed, Jul 1, 2016, $0.7M — Blackbird, AirTree Ventures
- Seed, Dec 2, 2015, $0.4M — StartMate, Blackbird

## Investors

- StartMate (https://capitalatlas.ai/funds/startmate) — Seed
- Blackbird (https://capitalatlas.ai/funds/blackbird) — Seed
- AirTree Ventures (https://capitalatlas.ai/funds/airtree-ventures) — Seed