Element AI

Element AI develops an AI-based platform that provides strategic advisory and enablement solutions for logistics, retail and manufacturing industries.

Business Model:

Revenue: $55M

Employees: 201-500

Detailed Element AI Information

Element AI was acquired by ServiceNow.
The acquisition happend on 2020-11-30.
Details of the transaction were not public

Acquirer

Geographic Data

Element AI headquarters map

Address: 6650 Saint-Urbain

City: Montreal

State: quebec

Zip: H2S 3G9

Country: CA

Financial Info

Stage:

series b

Raised Last:

$150M

Raised Total:

$257M

Metrics

3,218,813Website Global Rank

4,906Website Monthly Traffic

Twitter Followers

Description

Element AI develops an AI-based platform that provides strategic advisory and enablement solutions for logistics, retail and manufacturing industries.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
9/2019 Series B $151.4M Caisse de depot et placement du Quebec
McKinsey & Company, Inc.
QuantumBlack Limited
Government of Quebec
Data Collective
Hanwha Investment
BDC Venture Capital
Real Ventures
9/2019 Series B 9 $150.5M Government Of Quebec
DCVC
Hanwha Asset Management
Pegasus Tech Ventures
McKinsey &a; Company
Real Ventures
Caisse de Depot et Placement du Quebec
Business Development Bank of Canada
M12 - Microsoft&s;s Venture Fund
Caisse de Depot et Placement du Quebec
Government Of Quebec
DCVC
Hanwha Asset Management
Pegasus Tech Ventures
McKinsey &a; Company
Real Ventures
Caisse de Depot et Placement du Quebec
Business Development Bank of Canada
M12 - Microsoft&s;s Venture Fund
Caisse de Depot et Placement du Quebec
12/2018 Debt Financing 1 $5M Canadian Government
Canadian Government
Canadian Government
Canadian Government
12/2016 Equity -
11/2017 Investment Fund $45M
12/2016 Seed Round 2 - M12 - Microsoft&s;s Venture Fund
500 Startups Canada
M12 - Microsoft&s;s Venture Fund
500 Startups Canada
6/2017 Series A 10 $102M DCVC
Real Ventures
NAventures
National Bank of Canada
M12 - Microsoft&s;s Venture Fund
Intel Capital
Hanwha Investment Corp
Fidelity
Business Development Bank of Canada
BDC Venture Capital
DCVC
12/2016 Equity - Microsoft Ventures
Microsoft Ventures
9/2019 Series B 9 $150.5M Government Of Quebec
DCVC
Hanwha Asset Management
Pegasus Tech Ventures
McKinsey &a; Company
Real Ventures
Caisse de Depot et Placement du Quebec
Business Development Bank of Canada
M12 - Microsoft&s;s Venture Fund
Caisse de Depot et Placement du Quebec
Government Of Quebec
DCVC
Hanwha Asset Management
Pegasus Tech Ventures
McKinsey &a; Company
Real Ventures
Caisse de Depot et Placement du Quebec
Business Development Bank of Canada
M12 - Microsoft&s;s Venture Fund
Caisse de Depot et Placement du Quebec
12/2016 Seed Round 2 - M12 - Microsoft&s;s Venture Fund
M12 - Microsoft&s;s Venture Fund
Announced Date Name Price
2/2017 MLDB.ai

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