Organization · Incubator

Startup Elves

Startup Elves is a startup incubator focused on developing mobile apps, games, and web applications. They offer various models including equity sharing and revenue sharing to support entrepreneurs.

IncubatorFunderProgram host

Overview

What Startup Elves does

What Startup Elves is

Startup Elves is a startup incubator focused on developing mobile apps, games, and web applications. They offer various models including equity sharing and revenue sharing to support entrepreneurs.

How it participates in the startup ecosystem

The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Incubator
Structured capabilities
Funder · Program host
Last reviewed
April 12, 2026
What Incubator means

An incubator is a support environment for turning a nascent idea or early company into a startup that is more ready for customers, funding, or an accelerator.

Open the glossary entry

Official channels

Find Startup Elves elsewhere

Open the official website or a supported primary organization account.

Capability profile

Startup Elves as a funder

Investment thesis

Startup Elves supports early-stage tech startups by providing capital, technology expertise, and hands-on incubation.

Focus narrative

Startup Elves focuses on early-stage investments, specifically in the areas of healthcare, e-commerce, gaming, robotics, augmented reality/virtual reality (AR/VR), and emerging technologies. Their services include angel investment, deep tech research and development, product development, go-to-market strategy, and acting as CTO or co-founder for startups.

Value beyond capital

Startup Elves adds value to portfolio companies through hands-on incubation, technology expertise, and strategic guidance in product development and market entry.

Focus and fit

Stages
Angel · Pre-seed · Seed
Sectors
Healthcare · Commerce · Gaming · Robotics · AI

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
20

Portfolio context

Notable portfolio companies include Revri, an image recognition platform and AR cloud platform; LBT3D, which provides 360° VR tours for virtual tourism and real estate visualization; Do Tools, offering AR-guided workflows for on-the-job training; Super Office, delivering web and app solutions for SMEs; and Lelooo, a hyperlocal e-commerce platform for grocery delivery.

Capability profile

Startup Elves as a program host

Program thesis

Startup Elves is an organization founded to support early-stage tech startups by providing capital, technology expertise, and hands-on incubation.

Focus narrative

The organization focuses on early-stage investments in sectors including healthcare, e-commerce, gaming, robotics, augmented reality/virtual reality (AR/VR), and emerging technologies. Their comprehensive services encompass angel investment, deep tech research and development, product development, and go-to-market strategies.

Value and support

Startup Elves offers a range of services including capital investment, technology expertise, product development, and strategic guidance to help startups succeed in their respective markets.

Availability

Application state
Not published

Focus and fit

Stages
Pre-seed · Seed
Sectors
Healthcare · E-commerce · Gaming · Robotics · AI

Alumni and track record

Alumni context

Notable portfolio companies include Revri, an image recognition and AR cloud platform; LBT3D, which provides 360° VR tours; and Health Tatva, an online health records platform. Other alumni include Lelooo, a hyperlocal e-commerce platform, and Aerotheo, which develops low-cost drones.

Common questions

What to know about Startup Elves

Upseed classifies Startup Elves under the Incubator organization type. Its current public profile includes funder and program host capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

April 12, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.