Element

company

About

Element develops and distributes mobile-based platforms for digital identity.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$5.25M
Industries
Artificial Intelligence,Biometrics,Identity Management,Information Technology,Mobile,Software
Founded date
Jan 1, 2012
Number Of Employee
11 - 50
Operating Status
Active

Element develops and distributes mobile-based platforms for digital identity. As pioneers of mobile deep learning – and among the first in the field – we work with partners around the world to build more efficient and inclusive societies. Our current focus is on Asia and Africa, where over 1 billion people lack proper identification, and are often excluded from basic services that are essential to sustainable development.

Element was co-founded by Yann LeCun, a founding father of the deep learning field and current head of Artificial Intelligence at Facebook. Our end-to-end solutions are being used to build global immunization platforms, enable connected diagnostics, provide a digital identity resource for healthcare providers, and empower access to financial services and digital payments, among others.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$17.25M
Element has raised a total of $17.25M in funding over 2 rounds. Their latest funding was raised on Apr 11, 2018 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 11, 2018 Series A $12M 1 Detail
Jan 10, 2014 Seed $5.25M 1 Recruit Strategic Partners Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Element is funded by 1 investors. Recruit Strategic Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Recruit Strategic Partners Series A