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Elevate

Elevate

Financial infrastructure for AI agents

We make it easy for AI agents to buy anything on the internet. For example, if a user asked an AI agent to buy a book on an e-commerce site, we handle the purchase via our Purchasing API. AI agents are poised to elevate the way we shop, but they aren’t reliably making purchases today. We’re changing that by bringing uniformity to non-uniform checkout flows across the internet. Our expertise is at the intersection of payments and e-commerce. Angelica was a staff engineer at Stripe, driving API evolution, design, and governance across payments products. Scott was a senior investor at Sycamore Partners, investing in and partnering with leading consumer companies. Our solution will enable AI agents to make payments of every kind, including e-commerce (e.g., Amazon, eBay), consumer services (e.g., Uber, DoorDash), and B2B (e.g., supplier payment). In the US e-commerce market alone, there are 10B transactions every year, representing a significant opportunity for us. We have already onboarded multiple AI agent customers who have thousands of monthly users and have begun integrating them to power their e-commerce purchases.

Elevate
Founded:2024
Team Size:2
Location:New York
Group Partner:Harj Taggar

Active Founders

Scott Cara

Scott is the co-founder and CEO of Elevate AI. Scott was previously a consumer investor at Sycamore Partners where he partnered with c-suite executives at leading companies to drive growth. Prior to Sycamore, Scott was a management consultant at Bain & Co. Scott studied Computer Science and Mathematics at Duke University and holds an MBA from Harvard Business School.

Scott Cara
Scott Cara
Elevate

Angelica Schwartz

Angelica is the co-founder and CTO of Elevate. Prior to Elevate, Angelica was a Staff Software Engineer at Stripe on the Standard Library team, which owned API design and governance of core payments APIs across the company. Before that, she was a Technical Lead at Google on Ads, launching new products on massive scale properties such as Search and YouTube. Angelica studied Computer Science and Mathematics (minor) at Duke University, and holds a Master of Engineering Management also from Duke.

Angelica Schwartz
Angelica Schwartz
Elevate