Nitin Rai

Managing Partner Elevate Capital , President and CEO First Insight Corp

📍 Portland, Oregon Metropolitan Area, United States🔄 Updated September 2026💼 31 investments📅 16 years investing🗓 Last invested Aug 2023𝕏 @upgrade_to_unlock
Angel investor🌍 United States20+ investments
31
Total investments
14
Early stage
8
Mid stage
1
Late stage
16y
Years active

Portfolio

25 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Observer
Aug 2023
PredictionStrike (PS) is a simulated stock market that allows users to invest in "stock"​ of professional athletes. PS is a new way for users to engage with and analyze their favorite athletes'​ performance while earning a real monetary return. No one knows your favorite players better than you do. Invest on PredictionStrike, and realize that your excessive sports knowledge is finally worth something. Build a portfolio, diversify, then sit back and watch it grow for as long as you'd like.
Board Observer
Sep 2021
theCut is a nationwide mobile marketplace that connects barbers and their clients. For People Needing a Haircut: our app makes it easy to help you get a haircut when you're in a jam, traveling or need to find a new barber. Being able to filter your search for barbers near your location and who is readily available, we make it easy for you to get the cut you need, where you need it, and when you need it at a price that works for you. For Barbers: We're a technology platform that simplifies and amplifies their ability to acquire and book clients (via our search and discovery tool), manage their schedules, and process their transactions.
Board Observer
Jan 2021
Forest Devices is a medical device startup located in Pittsburgh, Pennsylvania. We are the creators of ALPHASTROKE, the first stroke detection device that can potentially be used by first responders to triage patients directly to the right hospital.
Board member and Investor
Dec 2019
GrowthPlug is a practice growth and optimization SaaS focused on helping healthcare practices to accelerate new patient acquisition, manage online reputation, automate front desk operations, and elevate the patient experience. Launched in 2017, GrowthPlug works with hundreds of healthcare practices across the US.
Investor and Board Member
Jun 2019
ToolBelt is the reliable contractor network. Through our online network, we connect builders & remodelers with subcontractors & skilled tradespeople.
Investor and Board observer
Jun 2019
ToolBelt is the reliable contractor network. Through our online network, we connect builders & remodelers with subcontractors & skilled tradespeople.
Board Observer and Investor
Nov 2018
The Dyrt is the largest consumer subscription software platform for campers in the US. The Dyrt community has crowdsourced over 8 million campground reviews, photos and tips across the US - more than any other camping platform. The Dyrt app is a top ranked app for camping in both iOS and Google Play, and their website is tracking at 30M visits per year. The Dyrt is an open community that lets campers search, review and book campgrounds. The Dyrt PRO (a $36 per year upgrade subscription) gives PRO users discounts at nearly 1000 campgrounds, as well as provides enhanced camping search features such as public land map layers, offline access, and road trip planning tools. The Dyrt PRO subscription was launched in 2020 and has experienced rapid growth with a new user signing up for The Dyrt PRO about every 3 minutes.
Investor
Dec 2017
Activewear that supports grabbing life by the handful. Sports bras that FLATTER, not flatten. Welcome to our sisterhood of sass.
Investor and Board Member
Dec 2017
Activewear that supports grabbing life by the handful. Sports bras that FLATTER, not flatten. Welcome to our sisterhood of sass.
Investor
Jun 2017
Providing the greater Portland area with healthy fresh and delicious salads and wraps since 2013. Nine convenient locations. Named #22 for the Fastest Growing Private Companies in Oregon in 2018 by the Portland Business Journal. Facebook: https://www.facebook.com/GardenBarPDX Instagram: http://instagram.com/gardenbarpdx
mid stageRestaurants
Investor and Board Observer
Jun 2017
Hemex Health focuses on commercializing proven research into cost-effective, intuitive devices optimized to make diagnostics more accessible at the front lines of healthcare. Our products are designed to be easy to use and provide benefit quickly and effectively for the healthcare worker and patient on the ground, at the point-of-need. The company’s leaders, with backgrounds in international business and biomedical engineering, have decades of success in developing and delivering more than 60 products that have made a difference in people’s lives. We leverage our experience in building successful medical products to solve major needs in global health. Our low-cost technologies are targeted for the developing world and can impact millions by identifying diseases which can be affordably treated. Hemex is developing a diagnostic platform (utilizing technology which received a 2016 Patents for Humanity Award) that can quickly and easily diagnose hemoglobin disorders, such as sickle cell disease and beta thalassemia, from a drop of blood. The solution provides point-of-care access to diagnostic information faster, more cost-effectively, and more accurately than any solution on the market today. Hemex is an equal opportunity employer. All employment-related decisions are based solely upon one’s individual merit and qualifications directly related to professional competence, and without regard to race, color, religion, national origin, pregnancy status, sex (gender}, age, marital status, mental or physical disability, sexual orientation, gender identity, military or veteran status, genetic history, or any other characteristic or classification protected by applicable law. We will also attempt to reasonably accommodate an individual based on his/her physical or mental limitation or because of the individual’s sincerely held religious beliefs.
Investor
May 2017
Curadite is committed to addressing two prevailing challenges facing Healthcare today: substance abuse prevention and medication adherence. These problems transcend headlines, affecting millions of patients, their families and their healthcare providers. The number of healthcare workers suspected of controlled substance abuse in the U.S. 10-15 percent, which reflects those found in the public at large. In addition to the human cost of abuse, a report from The Council of Economic Advisers estimates the economic cost of the opioid crisis in 2015 was $504 billion. The New England Institute of Health (NEHI) estimates that total potential savings from adherence and related disease management could be $290 billion annually — 13% of health spending. Others have determined that poor medication adherence results in 33% to 69% of medication-related hospital admissions, at a cost of roughly $100 billion per year. Finally, adherence is lowest among patients with chronic illnesses. Our Medication Management Platform (MMP) utilizes a reusable Internet of Things (IoT) communication module tied to disposable, sensor-enabled packaging. The MMP monitors and records access to controlled substances to prevent diversion in healthcare settings (e.g. Skilled Nursing Facilities). The MMP also supports medication adherence with alerts for patients, their loved ones or healthcare providers when medication is not taken as prescribed. Studies have shown that better at home medication adherence is often the difference between a successful medical outcome and an expensive hospital re-admission. If we can improve adherence by 10%, health spending could be lowered by $40 million dollars a year. The healthcare market is primed for a breakthrough technology capable of demonstrating the potential of the Internet of Things to guide patient adherence behavior, improve their clinical outcomes, while generating significant savings.
Board Member and Investor
Jan 2017
Minnow is the leader in food delivery management (FDM) solutions for multifamily properties, office buildings, universities, and other places where people live and work. Our award-winning FDM solution, the Pickup Pod, is a premium amenity that makes food delivery more convenient while enhancing building security, increasing the productivity of on-site teams, and reducing building owners’ liability for foodborne illness.
Board Member
Nov 2016
Hubb, now part of Notified, is re-inventing the way people experience events. The Hubb Platform makes virtual, onsite and hybrid events with powerful attendee engagement tools that bring brands to life. Hubb powers many of the world’s largest conferences. Built by event-management veterans for event professionals, Hubb gives event planners unprecedented control and agility.
Board Member
Nov 2016
The SCOUT app empowers service members to discover & redeem military discounts.
Show all 25 investments ↓
Experience · 33 entries
All (33)
Investments (31)
Board (21)
2023
Board Observer
Aug 2023
PredictionStrike (PS) is a simulated stock market that allows users to invest in "stock"​ of professional athletes. PS is a new way for users to engage with and analyze their favorite athletes'​ performance while earning a real monetary return. No one knows your favorite players better than you do. Invest on PredictionStrike, and realize that your excessive sports knowledge is finally worth something. Build a portfolio, diversify, then sit back and watch it grow for as long as you'd like.
2021
Board Observer
Sep 2021
theCut is a nationwide mobile marketplace that connects barbers and their clients. For People Needing a Haircut: our app makes it easy to help you get a haircut when you're in a jam, traveling or need to find a new barber. Being able to filter your search for barbers near your location and who is readily available, we make it easy for you to get the cut you need, where you need it, and when you need it at a price that works for you. For Barbers: We're a technology platform that simplifies and amplifies their ability to acquire and book clients (via our search and discovery tool), manage their schedules, and process their transactions.
Board Observer
Jan 2021
Forest Devices is a medical device startup located in Pittsburgh, Pennsylvania. We are the creators of ALPHASTROKE, the first stroke detection device that can potentially be used by first responders to triage patients directly to the right hospital.
2020
President, Board Member and Chair TiE Angels Oregon
Jan 2020
TiE Inc, also known as TiE Global is a non-profit organization with the mission of fostering entrepreneurship, through mentoring, networking and education. Members of TiE attend meetings at various chapters, exchange ideas and build partnerships to start new companies or ventures. http://www.tie.org
Board Member
Jan 2020
Our Mission To improve the economic opportunities of underserved individuals through empowerment, education, and entrepreneurship for the benefit of families in the greater community. Our History Formed in 2007 Micro Enterprise Services of Oregon (fka Pedagogy Institute) is a 501(c)(3) non-profit organization that provides direct services to individuals who are seeking economic opportunities that allows them to create sustainable solutions for themselves and their families. In 2008 Micro Enterprise Services of Oregon adopted the Micro Enterprise Neighborhood Development Fund (MEND) program and renamed it Micro Enterprise Services of Oregon (MESO). In late 2009 MESO formed a new program, Family and Community Empowerment (FACE). FACE's mission is to empower individuals and families who are in transition by providing educational, economic, and culturally relevant services and resources. MESO and it's FACE program both focus on uplifting individuals from poverty by capitalizing on their skills and talents and building confidence.
Show all 33 entries ↓
Investment activity
2010–2023 · 31 investments
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