Element AI
Latest round
- Series B
Last raised
- Sep 2019
Total raised
- $253M
Investors
- 15
About Element AI
Element AI Inc., founded in 2016 in Montreal, Canada, focuses on providing AI-driven solutions. The company has undergone strategic shifts to better align with market demands. The co-founders include JS Cournoyer, Jean-François Gagné, and Nicolas Chapados, with Jean-François Gagné currently serving as CEO.Element AI Inc. offers a suite of AI solutions designed to facilitate operational efficiencies and improve decision-making for its clients. Their products empower organizations to automate processes and enhance digital workflows, catering to various sectors including finance, healthcare, and technology.Element AI generates its revenue primarily through subscription contracts for its AI solutions, allowing organizations to access advanced technology tailored to their specific needs.Following its acquisition by ServiceNow in November 2020, Element AI aims to leverage new investment for expanding product offerings and entering new markets. The company is set to launch innovative AI solutions in the upcoming months, targeting sectors such as logistics and supply chain by the end of 2021.
Who invested in Element AI
15 investors across 3 rounds
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Questions about Element AI
Who invested in Element AI?
Element AI has 15 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Element AI raised?
Element AI has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Element AI last raise money?
Element AI's most recent round on record is a Series B, in Sep 2019.
What does Element AI do?
Element AI is a software company.
Where is Element AI headquartered?
Element AI is headquartered in Montreal, Canada.
Which VCs invest in companies like Element AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Element AI's stage. Their profiles are linked below.
VCs backing software startups at Series B
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