Element AI Overview
- Founded
- 2016
- Status
- Acquired/Merged
- Employees
- 500
- Latest Deal Type
- M&A
- Latest Deal Amount
- $228M
Element AI General Information
Description
Developer of AI software designed to offer deep domain expertise and access to cutting-edge technology. The company's software operationalize and create business impact with a suite of products, services and tools which redefine peak performance with problem-solving technology that continuously learns and improves, enabling clients to unlock insights, accelerate adoption and allow their employees to make decisions with explainable solutions.
Contact Information
Website
www.elementai.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Parent Company
Primary Office
- 6650 Saint-Urbain
- Suite 500
- Montreal, Quebec H2S 3G9
- Canada
+1 (514) 000-0000
Element AI Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 08-Jan-2021 | $228M | 00000 | 00000 | Completed | Generating Revenue |
| 3. Early Stage VC (Series B) | 13-Sep-2019 | 00000 | 00000 | Completed | Generating Revenue | |
| 2. Early Stage VC (Series A) | 06-Jun-2017 | $102M | $106M | 00000 | Completed | Generating Revenue |
| 1. Seed Round | 12-Dec-2016 | $3.6M | $3.6M | Completed | Startup |
Element AI Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of AI software designed to offer deep domain expertise and access to cutting-edge technology. The company's so
Business/Productivity Software
Montreal, Canada
500
As of 2020
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Boston, MA
00
As of 0000
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00.00
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San Jose, CA
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As of 0000
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Request a free trialElement AI Competitors (63)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| BA Insight | Formerly VC-backed | Boston, MA | 00 | 000.00 | 000000&0 | 000.00 |
| 0000000000 | Private Equity-Backed | San Jose, CA | 00 | 0000 | 000000000000 | 0000 |
| 000000000 | Formerly PE-Backed | Waltham, MA | 0000 | 00.000 | 00000000000 | 00.000 |
| 00000 000000000000 | Formerly VC-backed | Los Angeles, CA | 00.00 | 000000&0 | 00.00 | |
| 0000000 | Venture Capital-Backed | New York, NY | 0000 | 00000 | 00000000000 | 00000 |
Element AI Patents
Element AI Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-3081043-A1 | Method of and system for training machine learning algorithm for object classification | Pending | 21-May-2020 | 000000000 | |
| CA-3070910-A1 | Method and server for managing a dataset in the context of artificial intelligence | Pending | 31-Jan-2020 | 000000000 | |
| US-20210240978-A1 | Systems and methods for processing images | Pending | 31-Jan-2020 | 0000000000 | |
| US-20210241135-A1 | Method and server for managing a dataset in the context of artificial intelligence | Pending | 31-Jan-2020 | 000000000 | |
| US-20210240680-A1 | Method and system for improving quality of a dataset | Pending | 31-Jan-2020 | G06F16/215 |
Element AI Executive Team (14)
Element AI Board Members (3)
| Name | Representing | Role | Since |
|---|---|---|---|
| Jean-Sebastien Cournoyer | Self | Co-Founder & Board Member | 000 0000 |
| Jeffrey Herbst JD | NVIDIA GPU Ventures | Board Observer | 000 0000 |
Element AI Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialElement AI Former Investors (18)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| 500 Startups Canada | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| BDC Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
| BoxOne Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Caisse de dépôt et placement du Québec | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| DCVC | Venture Capital | Minority | 000 0000 | 000000 0 |
Element AI Investments & Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000000000 | 11-Nov-2017 | 0000 00000 | 00000 | Machinery (B2B) | 0000-0000 |
| MLDB | 16-Feb-2017 | Merger/Acquisition | Database Software | 0000-0000 |
Element AI Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 0000 | Database Software | Montreal, Canada | 0000 |