Steadiness in Uncertain Times: Why Elevate Remains Committed to Responsible Growth
The benefits technology industry is going through a challenging moment. Many respected organizations are making difficult choices, including workforce reductions. These changes affect real people — professionals who have contributed to moving this industry forward. We recognize the weight of these transitions and extend our respect to everyone navigating them.
At Elevate, we remain focused on a steady path forward. Our vision has always been long-term, built on strong fundamentals. We continue to invest in our team, our clients, and our technology — even in uncertain times. That is by design.
A Foundation with No Shortcuts
When we launched Elevate, we didn’t take shortcuts. We didn’t rely on third-party intermediaries or piecemeal infrastructure. We built a complete, modern platform from the ground up, with the funding, talent, and commitment needed to see it through. That investment means we have no dependency on fragile banking-as-a-service partners, no hidden risks, and no bottlenecks limiting our ability to evolve.
Our direct technology model allows us to adapt in real time, maintain consistent compliance, and deliver better outcomes. From day one, we anticipated changes in industry regulation and client needs — building flexibility, automation, and scalability into every layer of the platform.
That same discipline supports our people. While other companies are pulling back, Elevate is positioned to keep investing in our team, our partners, and our clients. We believe a healthy industry depends on steady leadership, responsible growth, and technology that works — even in times of stress.
A Steady Future Ahead
To those affected by recent layoffs: your experience, skills, and dedication to better benefits systems are valuable. Let’s keep building a stronger industry together.
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Brian Cosgray, Elevate co-founder and CEO
Read more about our infrastructure approach: How We Built the Strongest Modern Tech Solution
Learn more about Brian Costgray, Brian Strom, and Elevate's story.
