# Elementus

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

- Industry: Software
- Headquarters: New York, US
- Website: www.elementus.io
- Total disclosed funding: $26M
- Latest round: Series A (Feb 24, 2022)
- Investors on record: 12

## About

Elementus Inc. is a US-based firm specializing in blockchain intelligence, providing advanced data analytics and risk management solutions for digital asset flows in the Web3 ecosystem.Elementus Inc. was founded in 2018 in New York, US, focusing on blockchain intelligence solutions. The company has secured USD 10.00 mn in Series A funding led by ParaFi Capital on February 24, 2022, and has completed 5 deals to date. Co-founders Grant Demaray, Max Galka, and Nuria Prunera have established a foundation for leveraging blockchain technology within various sectors. Max Galka serves as the CEO of the company.Elementus offers a blockchain intelligence platform that enhances transparency and intelligence in digital asset flows. Its core offerings include advanced data analytics, risk management solutions, and forensic investigation tools, featuring services like Know Your Transaction (KYT) compliance, sanctions detection, and continuous monitoring. The platform serves a diverse clientele, including financial institutions and regulatory bodies, enabling informed decision-making in compliance and market analysis across regions like North America, Europe, and parts of Asia.Elementus generates revenue through a subscription model that grants access to its API, bulk data egress, and analytics tools. Clients engage in recurring transactions to utilize the platform for observation, risk modeling, and market analysis. Revenue is primarily derived from partnerships that necessitate continuous access for compliance and investigative purposes, employing tiered pricing plans based on data usage and services selected.Following its Series A funding of USD 10.00 mn in February 2022, Elementus plans to expand its team and enhance product development. The company aims to introduce new products designed to address emerging needs in the blockchain sector and is targeting expansion into new geographic markets, particularly in regions with increasing blockchain activity, by the end of 2023.

## Funding rounds

- Series A, Feb 24, 2022, $10M — ParaFi Capital
- Series A, Oct 29, 2021, $12M — Lightspeed Venture Partners, BlockFi, Inc., Blockchain.com, Avon Ventures, Velvet Sea Ventures, Alameda Research Ventures, Pomp Investments, Gemini
- Seed, Sep 23, 2019, $3.5M — Stage 1 Ventures, Morgan Creek Capital Management, Robot Ventures, Avon Ventures

## Investors

- Stage 1 Ventures (https://capitalatlas.ai/funds/stage-1-ventures) — Seed
- Morgan Creek Capital Management — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- Avon Ventures (https://capitalatlas.ai/funds/avon-ventures) — Seed, Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- BlockFi, Inc. — Series A
- Blockchain.com — Series A
- Velvet Sea Ventures (https://capitalatlas.ai/funds/velvet-sea-ventures) — Series A
- Alameda Research Ventures (https://capitalatlas.ai/funds/alameda-research-ventures) — Series A
- Pomp Investments (https://capitalatlas.ai/funds/pomp-investments) — Series A
- Gemini (https://capitalatlas.ai/funds/gemini) — Series A
- ParaFi Capital (https://capitalatlas.ai/funds/parafi-capital) — Series A