New leader named for Elevate Ventures

INDIANAPOLIS — Elevate Ventures announced that Christopher Day, after an extensive national search, has been hired as CEO to succeed Chris LaMothe to lead Elevate’s next stage of growth. Day assumes the role on July 18.

Day’s background in building and exiting companies, investing his own dollars in growing companies, co-founding an investment banking firm, and engaging in public policy has positioned him to take on the multi-faceted role, said Barbie Wentworth, CEO of Miller Brooks, and a member of the search committee.

During the past 25 years Day has co-founded or launched eight businesses in industries including artificial intelligence, billing software, utility hardware, broadband, entertainment, investment banking and real estate. He has participated in $600 million in transactions and delivered four-fold cash-on-cash returns to his investors upon exiting the companies. He most recently served as co-founder and CEO of DemandJump, a leading artificial-intelligence-powered marketing strategy platform.

Day also has served on boards of private and nonprofit organizations—currently the Indiana Technology & Innovation Association (founding member), Indiana Chamber of Commerce and TechPoint. Day is frequently requested to speak about policy formation in SaaS sales tax, Next Level Funding and Venture Capital Investment Tax Credits.