Elevat

Elevat develops an Industrial AI and IoT platform that connects machines, dealers, technicians, and service teams for off-highway equipment OEMs, providing service intelligence that helps diagnose faster, guide service work, and act on real-time machine data. The platform implements a Connected Service Loop encompassing equipment telematics, remote diagnostics, condition monitoring, and AI-powered service intelligence. Key capabilities include live fault tracking across mixed fleets, an AI Service Technician that provides guided answers based on machine context and OEM knowledge, CAN Bus trace analysis for remote root-cause analysis, file transfer and OTA support for updates, and guided workflows that deliver OEM knowledge and AI-supported next steps to technicians. The platform serves OEMs (stronger lifecycle revenue and trust), dealers (faster MTTR and higher first-time fix), and technicians (confidence on every job), tracking value across the machine lifecycle from install through maintenance, upgrade, and service revenue growth. Elevat's ROI calculator demonstrates estimated annual benefits of $2.2M+ per OEM including aftermarket revenue uplift, truck roll elimination, remote diagnostic efficiency, and warranty cost reduction. Trusted by industry leaders including Bosch Rexroth, Cummins, HydraForce, IDEX Fire & Safety, and Versatile. Founded in 2015 and headquartered in Seattle, United States, Elevat has raised approximately $25 million at the Series B stage from investors including D4 Investments and Gaingels.