# Elenza

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

- Industry: Medical Devices & Equipment
- Headquarters: Roanoke, US
- Website: www.elenza.com
- Total disclosed funding: $24M
- Latest round: Series B (Feb 11, 2011)
- Investors on record: 3

## About

Elenza, Inc. is a technology company that delivers innovative software solutions for the digital marketplace, focusing on enhancing user engagement and optimizing business operations for diverse industries.Founded in 2008 in Roanoke, US, Elenza, Inc. specializes in creating software applications that address challenges in user engagement and workflow efficiencies. The company raised USD 24 mn in SERIES B funding on February 11, 2011, with investors including Carlyle Group, Delphi Ventures, and ITOCHU Corporation. Mahesh Shah is the founder of Elenza, who has a history in technology-driven ventures.Elenza.com specializes in providing innovative technology solutions tailored for the digital marketplace. Their core offerings center around a suite of software applications designed to enhance user engagement and streamline business operations. These applications aim to solve specific challenges faced by businesses, such as improving customer experience, optimizing workflow efficiencies, and facilitating data-driven decision-making. The company's products are utilized across various sectors including retail, e-commerce, and service industries, targeting a diverse clientele that ranges from small businesses to large enterprises. Elenza's solutions have been released over the past few years and are marketed predominantly in North America, Europe, and Asia, addressing the growing demand for digital transformation in these regions.Elenza.com generates revenue primarily through a subscription-based model, providing clients with access to their suite of software solutions. Clients typically engage in annual or monthly subscription agreements, which may include tiered pricing options based on the number of users or the level of services required. These transactions often occur directly between Elenza and its clients, allowing for a seamless integration of their technology into existing business processes. The firm also explores partnerships with other businesses to enhance its offerings and expand its market reach. While specific pricing plans for individual products are not disclosed, the company’s flagship services are positioned as premium solutions aimed at delivering high value to its customers through enhanced operational capabilities and improved customer engagement.The recent SERIES B financing of USD 24 mn raised in February 2011 will support Elenza's plans to expand its software offerings and enhance product capabilities. The company is focusing on designing new applications aimed at improving user experience and operational efficiencies, with potential product launches expected in the next 12 months. Furthermore, Elenza aims to penetrate new geographical markets, specifically targeting regions in Asia and Europe by the end of 2023, to meet the increasing demand for digital transformation solutions.

## Funding rounds

- Series B, Feb 11, 2011, $24M — Carlyle Group, Delphi Ventures, Itochu

## Investors

- Carlyle Group (https://capitalatlas.ai/funds/carlyle-group) — Series B
- Delphi Ventures (https://capitalatlas.ai/funds/delphi-ventures) — Series B
- Itochu — Series B