Runway Growth Capital announced a $20 million growth capital commitment to Elevate, a leading provider of consulting, technology, and services for law departments and law firms. The investment upsizes the previous $40 million senior secured term loan provided by Runway in 2023.

“We are thrilled to continue our partnership with Elevate, a market leader in legal software and services,” said Brad Pritchard, Managing Director at Runway. “This additional funding underscores our commitment to supporting the long-term growth of Runway’s portfolio companies.”

Elevate is a fast-growing innovation leader in the legal industry. Its success aligns with Runway’s aim to partner with high-quality, late-stage companies poised for significant growth.

“We appreciate Runway’s partnership and belief in our vision,” said Liam Brown, Chairman and CEO of Elevate. “This investment is a strong vote of confidence in our strategy, execution, and team and will enable us to pursue inorganic growth opportunities.”
About Runway Growth Capital LLC.