Elevator Labs is a Los Angeles, CA-based invention company. Its tagline is: from vision to value. Beginning with new business concepts, the Elevator Labs leadership team's goal is to fund and build those concepts into fully functioning, revenue generating businesses. Its two principal founders, Zack Zalon and Brendon Cassidy, are former executives of Virgin Digital, Richard Branson’s interactive entertainment arm.
Elevator Labs is a privately held company and is backed by KGC Capital. It raised $20M in initial funding on August 11, 2011.
Portfolio Companies
Elevator Labs' portfolio includes Hello Music, Wilshire Media Group and Fat Cloud. These consist of an online marketplace for musicians, an online marketing company, and a software company specializing in Microsoft .NET.