Element Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 154

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $30.1M

  • Investors
  • 11

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
Primary Industry
Communication Software
Other Industries
Media and Information Services (B2B)
Business/Productivity Software
Corporate Office
  • 10 Queen Street Place
  • London EC4R 1AG
  • England, United Kingdom

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

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 000.00 00000 Completed Generating Revenue
6. Early Stage VC (Series A) 20-May-2020 00.000 000.00 000.00 Completed Generating Revenue
5. Early Stage VC (Series A) 10-Oct-2019 00.000 000.00 000.00 Completed Generating Revenue
4. Accelerator/Incubator 07-Aug-2019 00.000 Completed Generating Revenue
3. Early Stage VC 25-Jul-2018 00.000 00.000 000.00 Completed Generating Revenue
2. Early Stage VC 29-Jan-2018 $5M $5.08M Completed Generating Revenue
1. Early Stage VC 10-Nov-2017 $78.5K $78.5K 00000 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 0,000 00.000000 000.00 000.00 00 000.00 0.000
Series B 00,000 00.000000 0000.00 0000.00 00 0000.00 00.000
Series A-1 00,000 00.000000 0000.00 0000.00 00 0000.00 0.000
Series A 00,000 00.000000 0000.00 0000.00 00 0000.00 00.000
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 »

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
154 As of 2023
000.00
00000 0000-00-00
00000000000 000.00

000 00

t in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint
00000000000000000000
New York, NY
00 As of 0000
00.00
000.00 0000-00-00
00000000000 00.00

000000

d do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad mini
00000000000000000000
Jupiter, FL
00 As of 0000
00.00
000000000000 00.00
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Element Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
AWS Wickr Venture Capital-Backed New York, NY 00 00.00 00000000000 00.00
Rocket.net Accelerator/Incubator Backed Jupiter, FL 00 00.00 000000000000 00.00
Alida Venture Capital-Backed Toronto, Canada 000 00000 000000000 00000
Kii Venture Capital-Backed San Mateo, CA 00 00.00 00000000000 00.00
Uptake Venture Capital-Backed Chicago, IL 000 00000 00000000000 00000
You’re viewing 5 of 13 competitors. Get the full list »

Element Patents

Element Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20200257505-A1 Component-based software system and development method Active 16-Jul-2015 00000000
US-11048481-B2 Component-based software system and development method Active 16-Jul-2015 00000000 00
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 000000000 0
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 000000000 0
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 0
To view Element’s complete patent history, request access »

Element Executive Team (3)

Name Title Board Seat Contact Info
Matthew Hodgson Co-Founder, Chief Executive Officer, Chief Technology Officer & Board Member
Juho Lahdenpera Chief Financial Officer
Amandine Le Pape Co-Founder, Chief Operating Officer & Board Member
To view Element’s complete executive team members history, request access »

Element Board Members (4)

Name Representing Role Since
Amandine Le Pape Element Co-Founder, Chief Operating Officer & Board Member 000 0000
Joscelyn White Notion Capital Board Member 000 0000
You’re viewing 2 of 4 board members. Get the full list »

Element Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Element Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Metaplanet Holdings Venture Capital Minority 000 0000 000000 0
Protocol Labs VC-Backed Company Minority 000 0000 000000 0
Amdocs Ventures Venture Capital Minority 000 0000 000000 0
Automattic VC-Backed Company Minority 000 0000 000000 0
Dawn Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 11 investors. Get the full list »

Element Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
TwitterScan 23-Sep-2022 0000 00000 00.000 Other Financial Services
Gitter 30-Sep-2020 Merger/Acquisition Communication Software 0000000 0
To view Element’s complete investments and acquisitions history, request access »

Element Subsidiaries (1)

Company Name Industry Location Founded
Gitter Communication Software West Malling, United Kingdom 0000
To view Element’s complete subsidiaries history, request access »

Element FAQs

  • When was Element founded?

    Element was founded in 2017.

  • Who is the founder of Element?

    Matthew Hodgson and Amandine Le Pape are the founders of Element.

  • Who is the CEO of Element?

    Matthew Hodgson is the CEO of Element.

  • Where is Element headquartered?

    Element is headquartered in London, United Kingdom.

  • What is the size of Element?

    Element has 154 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 00000.

  • What is Element’s current revenue?

    The current revenue for Element is 00000.

  • How much funding has Element raised over time?

    Element has raised $51.2M.

  • Who are Element’s investors?

    Metaplanet Holdings, Protocol Labs, Amdocs Ventures, Automattic, and Dawn Capital are 5 of 11 investors who have invested in Element.

  • Who are Element’s competitors?

    AWS Wickr, Rocket.net, Alida, Kii, and Uptake are some of the 13 competitors of Element.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »