Element Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 116

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $30.1M

  • Investors
  • 10

Element General Information

Description

Developer of an open network communication platform designed to facilitate secure and decentralized communication. The company's platform utilizes an open fabric for communication to keep it private that allows its users to decide who should host their data, rather than relying on a centralized server, and trusting the provider to ensure a secure environment, enabling businesses and individuals to run their own secure contact infrastructure while still interconnecting with each other.

Contact Information

Website
www.element.io
Formerly Known As
New Vector, Riot App
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 10 Queen Street Place
  • London EC4R 1AG
  • England, United Kingdom
Primary Industry
Communication Software
Other Industries
Business/Productivity Software
Media and Information Services (B2B)
Vertical(s)
SaaS, TMT, Cryptocurrency/Blockchain
Corporate Office
  • 10 Queen Street Place
  • London EC4R 1AG
  • England, United Kingdom

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Element Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Early Stage VC (Series B) 27-Jul-2021 $30.1M Completed Generating Revenue
6. Early Stage VC (Series A) 20-May-2020 Completed Generating Revenue
5. Early Stage VC (Series A) 10-Oct-2019 Completed Generating Revenue
4. Accelerator/Incubator 07-Aug-2019 Completed Generating Revenue
3. Early Stage VC 25-Jul-2018 Completed Generating Revenue
2. Early Stage VC (Series A) 01-Jun-2018 $6M $6.08M Completed Generating Revenue
1. Early Stage VC 10-Nov-2017 $78.5K $78.5K Completed Startup
To view Element’s complete valuation and funding history, request access »

Element Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Series B
Series A-1
Series A
Preferred Shares 30,070 $0.013803 $108.27 $108.27 1x $108.27 11.05%
Ordinary 14,900 $0.013803 $5.52 $5.52 1x $5.52 5.48%
To view Element’s complete cap table history, request access »

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Element Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an open network communication platform designed to facilitate secure and decentralized communication. The c
Communication Software
London, United Kingdom
116 As of 2024

Jupiter, FL
 

Toronto, Canada
 
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Element Competitors (16)

One of Element’s 16 competitors is Rocket.net, a Accelerator/Incubator Backed company based in Jupiter, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Rocket.net Accelerator/Incubator Backed Jupiter, FL
Alida Venture Capital-Backed Toronto, Canada
AWS Wickr Venture Capital-Backed New York, NY
Kii Venture Capital-Backed San Mateo, CA
Exosite Venture Capital-Backed Minneapolis, MN
You’re viewing 5 of 16 competitors. Get the full list »

Element Patents

  • 11

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • Pending

  • Expiring in next 12 mo

Element Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11048481-B2 Component-based software system and development method Active 16-Jul-2015
US-20200257505-A1 Component-based software system and development method Active 16-Jul-2015
EP-0882530-A2 Method of cold confirmation of the double-walled end of a tube by turning over the first end-wall Inactive 06-Jun-1997
EP-0882530-A3 Method of cold confirmation of the double-walled end of a tube by turning over the first end-wall Inactive 06-Jun-1997
EP-0870564-A1 Process for cutting or topping a closed tubular part, particularly an hydroformed workpiece and means for carrying out the process Inactive 25-Mar-1997 B23D21/003
To view Element’s complete patent history, request access »

Element Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Element Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Metaplanet Holdings Venture Capital Minority
Protocol Labs VC-Backed Company Minority
Amdocs Ventures Venture Capital Minority
Automattic VC-Backed Company Minority
Dawn Capital Venture Capital Minority
You’re viewing 5 of 10 investors. Get the full list »

Element Investments & Acquisitions (2)

Element’s most recent deal was a Seed Round with TwitterScan for . The deal was made on 23-Sep-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
TwitterScan 23-Sep-2022 Seed Round Other Financial Services
Gitter 30-Sep-2020 Merger/Acquisition Communication Software
To view Element’s complete investments and acquisitions history, request access »

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Element Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Gitter West Malling, United Kingdom 2012

Element FAQs

  • When was Element founded?

    Element was founded in 2017.

  • Where is Element headquartered?

    Element is headquartered in London, United Kingdom.

  • What is the size of Element?

    Element has 116 total employees.

  • What industry is Element in?

    Element’s primary industry is Communication Software.

  • Is Element a private or public company?

    Element is a Private company.

  • What is the current valuation of Element?

    The current valuation of Element is .

  • What is Element’s current revenue?

    The current revenue for Element is .

  • How much funding has Element raised over time?

    Element has raised $52.2M.

  • Who are Element’s investors?

    Metaplanet Holdings, Protocol Labs, Amdocs Ventures, Automattic, and Dawn Capital are 5 of 10 investors who have invested in Element.

  • Who are Element’s competitors?

    Rocket.net, Alida, AWS Wickr, Kii, and Exosite are some of the 16 competitors of Element.

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