ElasticRun Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 2,993

Employees

  • Latest Deal Type
  • Series E

  • Latest Deal Amount
  • $330M

  • Investors
  • 10

ElasticRun General Information

Description

Developer of a logistics and distribution platform designed to build aggregated transportation capacity in tune with the requirements of its clientele. The company's platform helps to eliminate fixed set-up costs by aggregating logistics resources across channels to make their products available to rural consumers, enabling clients to reach small stores in the deep rural parts of India.

Contact Information

Website
www.elastic.run
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2nd Floor, Wonder Cars Arena Building, Serial Number 165
  • Near Kokane Chowk, Pimple Saudagar
  • Pune, Maharashtra 411027
  • India
+91 020
Primary Industry
Logistics
Other Industries
Business/Productivity Software
Vertical(s)
Supply Chain Tech
Corporate Office
  • 2nd Floor, Wonder Cars Arena Building, Serial Number 165
  • Near Kokane Chowk, Pimple Saudagar
  • Pune, Maharashtra 411027
  • India
+91 020

ElasticRun Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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ElasticRun Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series E) 07-Feb-2022 $330M Completed Generating Revenue
5. Later Stage VC (Series D) 28-Apr-2021 Completed Generating Revenue
4. Later Stage VC (Series C) 30-Oct-2019 Completed Generating Revenue
3. Early Stage VC (Series B) 05-Oct-2018 Completed Generating Revenue
2. Early Stage VC (Series A) 30-Mar-2017 $8.84M $10.9M Completed Generating Revenue
1. Seed Round 18-May-2016 $2.06M $2.06M Completed Startup
To view ElasticRun’s complete valuation and funding history, request access »

ElasticRun Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Preference
Preference
Preference
Preference
Seed CCPS 9,076 $1.344277 $202.47 $202.47 1x $202.47 11.18%
Ordinary 20 $0.134428 $202.47 $202.47 1x $202.47 0.02%
To view ElasticRun’s complete cap table history, request access »

ElasticRun Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a logistics and distribution platform designed to build aggregated transportation capacity in tune with the
Logistics
Pune, India
2,993 As of 2024

Mumbai, India
 

Gurugram, India
 
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ElasticRun Competitors (25)

One of ElasticRun’s 25 competitors is Grab A Grub Services, a Formerly VC-backed company based in Mumbai, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Grab A Grub Services Formerly VC-backed Mumbai, India
Shipsy Venture Capital-Backed Gurugram, India
Instavans Formerly VC-backed Bangalore, India
Lets Transport Venture Capital-Backed Bangalore, India
Locus (Business/Productivity Software) Venture Capital-Backed New Castle, DE
You’re viewing 5 of 25 competitors. Get the full list »

ElasticRun Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

ElasticRun Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20200179982-A1 Sequencer device Inactive 11-Dec-2018
US-20200184418-A1 System and method for automatic sequencing of shipments Inactive 11-Dec-2018
US-20200058042-A1 Method and system for smart address classification Active 20-Aug-2018
US-11250452-B2 Method and system for smart address classification Active 20-Aug-2018 G06Q30/0205

ElasticRun 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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ElasticRun Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Chimera Capital PE/Buyout Minority
Goldman Sachs Growth Equity Growth/Expansion Minority
SoftBank Investment Advisers Growth/Expansion Minority
The Goldman Sachs Group Investment Bank Minority
Schroders Capital Asset Manager Minority
You’re viewing 5 of 10 investors. Get the full list »

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ElasticRun FAQs

  • When was ElasticRun founded?

    ElasticRun was founded in 2014.

  • Where is ElasticRun headquartered?

    ElasticRun is headquartered in Pune, India.

  • What is the size of ElasticRun?

    ElasticRun has 2,993 total employees.

  • What industry is ElasticRun in?

    ElasticRun’s primary industry is Logistics.

  • Is ElasticRun a private or public company?

    ElasticRun is a Private company.

  • What is the current valuation of ElasticRun?

    The current valuation of ElasticRun is .

  • What is ElasticRun’s current revenue?

    The current revenue for ElasticRun is .

  • How much funding has ElasticRun raised over time?

    ElasticRun has raised $463M.

  • Who are ElasticRun’s investors?

    Chimera Capital, Goldman Sachs Growth Equity, SoftBank Investment Advisers, The Goldman Sachs Group, and Schroders Capital are 5 of 10 investors who have invested in ElasticRun.

  • Who are ElasticRun’s competitors?

    Grab A Grub Services, Shipsy, Instavans, Lets Transport, and Locus (Business/Productivity Software) are some of the 25 competitors of ElasticRun.

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