Venture Capital: Growth Warrior Capital Launches Elevo, An AI-Powered Pitch Deck Generator
The firm is giving away the Elevo pitch deck tool for free.
Growth Warrior Capital is introducing Elevo, an innovative AI-powered pitch deck generator designed to assist founders in the complex world of venture capital. Promise Phelon, the firm’s managing partner (pictured), conceptualized this tool to streamline the process of identifying promising startups that could transform various industries.
Her focus lies in supporting “dangerous” startups that have the potential to revolutionize work, earnings, and wealth-building. These startups often operate in fintech, insurance tech, artificial intelligence, and the future of work sectors, and they frequently go unnoticed by traditional venture capitalists due to factors like the founder’s gender or race. (BUSINESS INSIDER INDIA)
Phelon, faced with the overwhelming task of reviewing numerous pitch decks, sought a solution to save time and enhance the quality of her interactions with founders and CEOs. Her venture partner, Ashley Pilipiszyn, an experienced technical director with ties to OpenAI, brought valuable expertise to the table. Together, they envisioned a product that could quickly generate effective pitch decks based on successful VC pitches.
The result of their efforts is Elevo, a generative AI-powered pitch deck builder. This tool, set to launch in October, simplifies the pitch creation process by leveraging AI algorithms trained on hundreds of real-world pitch decks. Founders can input specific details, such as funding stage, team information, product description, and market size, and Elevo will generate a tailored pitch deck that aligns with what VCs seek at each stage of investment.
Elevo’s straightforward designs and concise slide numbers cater to the preferences of busy investors who evaluate numerous pitch decks weekly. The aim is to provide just enough information to pique VC interest without overwhelming them.
Remarkably, Growth Warrior Capital plans to offer Elevo as a free resource to benefit the startup ecosystem. Their primary goal is to boost productivity and improve the quality of pitches, ultimately benefiting both founders and investors.
Image Credit: Growth Warrior Capital
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