# Elementl

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elementl

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.elementl.com
- Total disclosed funding: $47M
- Latest round: Series B (Apr 28, 2023)
- Investors on record: 11

## About

Based in California, US, and founded in 2018, Elementl Inc operates as a software development company that develops Dagster which enables any group to create an innovative and adaptable information platform. The company was founded by its CTO Nick Schrock. In April 2023, Elementl, Inc. raised USD 33.42 million in series B funding led by Georgian, 8VC, and Hanover Technology Investment Management. As of 2023, the company is led by its CEO Pete Hunt.

The firm offers an orchestration platform named Dagster which provides development, production, and observation services for data assets. The open-source project helps users to manage data sets with codes and provides Python assets, dbt-native orchestration, and task-based workflows. The data platform helps to monitor jobs, debug runs, inspect assets, and launch backfills. It helps in serverless or hybrid deployments, native branching, and CI/CD.

The company plans to use the April 2023, funding to expand its go-to-market efforts and maintain its fast product innovation.

## Funding rounds

- Series B, Apr 28, 2023, $33M — Index Ventures, Hong Shan, Georgian, Slow, Amplify Partners, 8VC, Human Capital, Hanover Technology Investment Management
- Series A, Nov 16, 2021, $14M — Index Ventures, Hong Shan, Coatue Management, Slow, Amplify Partners, Neo, OSS Capital

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B
- Hong Shan — Series A, Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A
- Slow (https://capitalatlas.ai/funds/slow) — Series A, Series B
- Amplify Partners (https://capitalatlas.ai/funds/amplify-partners) — Series A, Series B
- Neo — Series A
- OSS Capital (https://capitalatlas.ai/funds/oss-capital) — Series A
- Georgian — Series B
- 8VC (https://capitalatlas.ai/funds/8vc) — Series B
- Human Capital (https://capitalatlas.ai/funds/human-capital) — Series B
- Hanover Technology Investment Management (https://capitalatlas.ai/funds/hanover-technology-investment-management) — Series B