Elevio Pty. Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Elevio Pty. Ltd. - overview
Established
2014
Location
Melbourne, Victoria, Australia
Primary Industry
Software
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.
Current Investors
StartMate, Blackbird, Dixa ApS
Primary Industry
Software
Sub Industries
Web Applications, Analytics & Performance Software, Application Integration Software, Customer Relationship Management
Website
www.elev.io
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.