# Element Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/element-finance

- Industry: Internet
- Headquarters: US
- Website: www.element.fi
- Total disclosed funding: $32M
- Latest round: Series A (Oct 20, 2021)
- Investors on record: 9

## About

Element Finance, Inc. develops technology solutions focusing on sustainability and efficiency across various sectors, offering advanced software platforms that enhance operational processes.Founded in 2020, Element Finance, Inc. operates in the US, specializing in technology solutions. The company raised USD 32.00 mn in Series A funding on October 20, 2021, led by Polychain Capital. It has completed 2 deals to date, with a current valuation of USD 320.00 mn. Jonny Rhea is the founder, while Charles Stlouis and Will Villanueva serve as key executives.Element Finance, Inc. is primarily engaged in developing innovative technology solutions tailored for various industry sectors, emphasizing sustainable practices and efficiency. Their core offerings revolve around advanced software platforms that facilitate seamless integration and management of critical operational processes. These platforms address specific use cases such as enhancing productivity in logistics, streamlining supply chain management, and optimizing energy consumption in industrial applications. Element has garnered a diverse clientele, including enterprises in manufacturing, transportation, and energy sectors, primarily serving markets in Northern Europe and the Nordic region, where the demand for technology-driven efficiency solutions is robust.Element Finance, Inc. generates revenue through a subscription-based model for its software solutions, fostering long-term partnerships with its clients. Businesses engage with Element by subscribing to their flagship software products, which offer varying levels of access based on the specific needs of the client. Pricing structures are tiered, allowing clients to select packages that best fit their operational requirements, thus ensuring flexibility and scalability. This direct-to-consumer approach enables Element to maintain close relationships with end users, enhancing customer satisfaction and retention while facilitating recurring revenue streams as clients renew their subscriptions annually.Element Finance, Inc. plans to leverage the recent USD 32.00 mn in Series A funding to support the development of new products and expand its market reach. The company aims to introduce additional software solutions tailored for logistics and energy optimization by the end of 2022. Additionally, Element is targeting expansion into new geographic regions including Central and Eastern Europe, with plans to establish a presence there by 2023.

## Funding rounds

- Series A, Oct 20, 2021, $32M — Andreessen Horowitz, A Capital Partners, Polychain Capital, Placeholder, Scalar Capital, P2P Capital, Republic Capital, Rarestone Capital, Ethereal Ventures

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- A Capital Partners (https://capitalatlas.ai/funds/a-capital-partners) — Series A
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series A
- Placeholder (https://capitalatlas.ai/funds/placeholder) — Series A
- Scalar Capital — Series A
- P2P Capital — Series A
- Republic Capital (https://capitalatlas.ai/funds/republic-capital) — Series A
- Rarestone Capital (https://capitalatlas.ai/funds/rarestone-capital) — Series A
- Ethereal Ventures (https://capitalatlas.ai/funds/ethereal-ventures) — Series A