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Element
company
About
Element builds secure, self-sovereign chat apps and collaboration solutions using the open Matrix protocol.
- London,England,United Kingdom
- 11 - 50
- https://element.io
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $30M
- Industries
- Apps,Commercial,Communications Infrastructure,Information Technology,Software,VoIP
- Founded date
- Jul 19, 2017
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- New Vector Ltd.
- Also Known As
- New Vector
They provide services for custom development, prioritised roadmap development, support contracts and commercial products for Matrix. The company enables governments, businesses and individuals to run their own secure communication infrastructure while interconnecting via the global Matrix network. New Vector, a European startup founded in 2017 by the creators of an open, decentralized communications standard called Matrix to drive adoption and grow an ecosystem around an alternative messaging protocol for instant messaging and VoIP apps.The company was founded in 2017 and is based in London.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
9
$96.20M
Element has raised a total of
$96.20M
in funding over 2 rounds. Their latest funding was raised on
Jul 27, 2021 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 27, 2021 | Series B | $30M | 4 |
Protocol Labs
|
— | Detail |
| Jul 26, 2021 | Series B | $30M | 4 |
Protocol Labs
|
— | Detail |
| Dec 20, 2020 | Series Unknown | — | 1 | — | — | Detail |
| May 21, 2020 | Corporate Round | $4.60M | 1 |
Automattic
|
— | Detail |
| May 21, 2020 | Series A | $4.60M | 1 |
Automattic
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
9
8
Element is funded by 8 investors.
Protocol Labs
and Status.im
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Protocol Labs
|
Yes | Series B |
Status.im
|
Yes | Corporate Round |
|
Automattic
|
— | Series B |
Metaplanet Holdings
|
— | Series B |
Notion Capital
|
— | Series B |
|
|
— | Series Unknown |
Dawn Capital
|
— | Series A |
Firstminute Capital
|
— | Series A |
Employee Profiles
Number of Employee Profiles
10
Element has 10 current employee profiles, including
Executive Matthew Hodgson
Executive
Board member
Executive
Executive
Executive
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