# Elmnts Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elmnts-group

- Industry: Financial Services
- Headquarters: Chicago, US
- Website: www.elmnts.io/
- Total disclosed funding: $2M
- Latest round: Seed (Aug 6, 2024)
- Investors on record: 3

## About

Based in Illinois, US, Elmnts Group, Inc. provides a platform that integrates blockchain technology with the commodities market to streamline the buying and selling of oil and gas royalties. In August 2024, the firm raised USD 2 million in Seed funding led by Graph Ventures, Foundation Capital, B+J Studios, and other investors. The company was co-founded by Erich Schmidt, Odai Ammar (CEO), Elias Moreno, and James Pacheco.

Elmnts provides a platform where investors can buy, sell, and trade oil and gas royalties through a tokenized system. This approach combines traditional commodity investments with the advantages of blockchain technology, allowing users to hold and manage real-world assets alongside their digital assets like cryptocurrencies and NFTs.

## Funding rounds

- Seed, Aug 6, 2024, $2M — Foundation Capital, Graph Ventures, B&J Studios Inc.

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- Graph Ventures (https://capitalatlas.ai/funds/graph-ventures) — Seed
- B&J Studios Inc. — Seed