Element AI Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 500

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $228M

Element AI General Information

Description

Developer of an AI software designed to offer deep domain expertise and access to cutting-edge technology. The company's software operationalizes and creates business impact with a suite of products, services and tools that redefine peak performance with problem-solving technology that continuously learns and improves, enabling clients to unlock insights, accelerate adoption and allow their employees to make decisions with explainable solutions.

Contact Information

Website
www.elementai.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 6650 Saint-Urbain
  • Suite 500
  • Montreal, Quebec H2S 3G9
  • Canada
Primary Industry
Business/Productivity Software
Acquirer
ServiceNow
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 6650 Saint-Urbain
  • Suite 500
  • Montreal, Quebec H2S 3G9
  • Canada

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Element AI Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 08-Jan-2021 $228M Completed Generating Revenue
3. Early Stage VC (Series B) 13-Sep-2019 Completed Generating Revenue
2. Early Stage VC (Series A) 06-Jun-2017 $102M $106M Completed Generating Revenue
1. Seed Round 12-Dec-2016 $3.6M $3.6M Completed Startup
To view Element AI’s complete valuation and funding history, request access »

Element AI Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an AI software designed to offer deep domain expertise and access to cutting-edge technology. The company's
Business/Productivity Software
Montreal, Canada
500 As of 2020

Austin, TX
 

Cary, NC
 
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Element AI Competitors (67)

One of Element AI’s 67 competitors is BA Insight, a Formerly VC-backed company based in Austin, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BA Insight Formerly VC-backed Austin, TX
SAS Failed Transaction (M&A) Cary, NC
Salesforce Formerly VC-backed San Francisco, CA
Lexalytics Private Equity-Backed Amherst, MA
Google DeepMind Venture Capital-Backed London, United Kingdom
You’re viewing 5 of 67 competitors. Get the full list »

Element AI 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 AI Former Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds
500 Global Accelerator/Incubator Minority
ApSTAT Technologies Holding Company Minority
Ausvic Capital Venture Capital Minority
BDC Capital Growth/Expansion Minority
BoxOne Ventures Venture Capital Minority
You’re viewing 5 of 22 investors. Get the full list »

Element AI Investments & Acquisitions (2)

Element AI’s most recent deal was a Seed Round with Omnirobotic for . The deal was made on 11-Nov-2017.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Omnirobotic 11-Nov-2017 Seed Round Other Hardware
MLDB 16-Feb-2017 Merger/Acquisition Database Software
To view Element AI’s complete investments and acquisitions history, request access »

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Element AI FAQs

  • When was Element AI founded?

    Element AI was founded in 2016.

  • Where is Element AI headquartered?

    Element AI is headquartered in Montreal, Canada.

  • What is the size of Element AI?

    Element AI has 500 total employees.

  • What industry is Element AI in?

    Element AI’s primary industry is Business/Productivity Software.

  • Is Element AI a private or public company?

    Element AI is a Private company.

  • What is the current valuation of Element AI?

    The current valuation of Element AI is .

  • What is Element AI’s current revenue?

    The current revenue for Element AI is .

  • How much funding has Element AI raised over time?

    Element AI has raised $257M.

  • Who are Element AI’s investors?

    500 Global, ApSTAT Technologies, Ausvic Capital, BDC Capital, and BoxOne Ventures are 5 of 22 investors who have invested in Element AI.

  • Who are Element AI’s competitors?

    BA Insight, SAS, Salesforce, Lexalytics, and Google DeepMind are some of the 67 competitors of Element AI.

  • When was Element AI acquired?

    Element AI was acquired on 08-Jan-2021.

  • Who acquired Element AI?

    Element AI was acquired by ServiceNow.

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