Element AI

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

280 Followers on Owler
280 Followers on Owler
280 Followers on Owler
280 Followers on Owler

Element AI

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

Jean Francois Gagne's photo - Co-Founder & CEO of Element AI

Co-Founder & CEO

Jean Francois Gagne

CEO Approval Rating

54/100

Founded:

2016

Status:

ELEMENT AI TOP COMPETITORS OR ALTERNATIVES

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Landing AI is Element AI's biggest rival. Landing AI was founded in Palo Alto, California} in 2017. Like Element AI, Landing AI also competes in the Artificial Intelligence (AI) sector. Compared to Element AI, Landing AI generates $46.5M less revenue.

Hive is Element AI's #2 rival. Hive's headquarters is in San Francisco, California, and was founded in 2013. Like Element AI, Hive also competes in the Artificial Intelligence (AI) space. Hive generates 6.36% of Element AI's revenue.

Abacus.AI is Element AI's #3 competitor. Abacus.AI was founded in 2019 in San Francisco, California. Like Element AI, Abacus.AI also works within the Artificial Intelligence (AI) sector. Abacus.AI generates $53.2M less revenue than Element AI.

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Growth Score - 1/1

Is 500 a good estimate for Element AI's Employee count?

Element AI Acquisitions

No recent acquisitions found related to Element AI

Element AI Funding History

Since Element AI was founded in 2016, it has participated in 5 rounds of funding. In total Element AI has raised $303.4M. Element AI's last funding round was on Sep 2019 for a total of $151.4M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series B
Sep 2019
$151.4M

Caisse de depot et placement du Quebec

Debt
Dec 2018
$5M
-
Investment Fund
Nov 2017
$45M
-
Series A
Jun 2017
$102M
Equity
Dec 2016
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Since Element AI was founded in 2016, it has participated in 5 rounds of funding. In total Element AI has raised $303.4M. Element AI's last funding round was on Sep 2019 for a total of $151.4M

Element AI Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Omnirobotic designs, develops and manufactures industrial robots that provides production process automation solutions for the manufacturing industry.
$1M
Jun 07, 2018
Seed
-

Element AI News

December 1, 2020Reseller News

ServiceNow bulks up intelligent workflow prowess with Element AI acquisition

ServiceNow is aiming to bring a little more intelligence to its intelligent workflow platform with th... See more »
November 30, 2020Montreal in Technology

Element AI to be Sold to US Interests

Silicon Valley software company Service Now (NYSE: NOW), a $100 billion American giant, has announced... See more »
November 30, 2020The Globe and Mail

Once touted as a technology world-beater, Montreal's Element AI sells out to Silicon Valley giant

Element AI to be sold to enterprise software company ServiceNow Inc. for an undisclosed sum... See more »
November 30, 2020TechCrunch

ServiceNow is acquiring Element AI, the Canadian startup building AI services for enterprises

ServiceNow, the cloud-based IT services company, is making a significant acquisition today to fill ou... See more »
November 30, 2020The Business Journals: San Jose

Element AI 'one of the most significant' acquisitions in company history

ServiceNow Inc. snapped up a 4-year-old Canadian artificial intelligence startup that CEO Bill McDerm... See more »
November 12, 2020Betakit

Element AI, PemPem collaborate to improve accountability, sustainability in Indonesian palm oil industry

Montreal-based startup Element AI and PemPem have announced a collaboration aimed to increase account... See more »
November 10, 2020Canadian SME

Element AI and PemPem announce collaboration to help improve traceability in Indonesian palm oil supply chains

MONTREAL-November 10, 2020- Element AI, a global developer of artificial intelligence-powered (AI) so... See more »

Element AI Press Releases

July 3, 2020StreetInsider

Element AI Joins the SGInnovate "Deep Tech for Good" Initiative as Ecosystem Partner

SINGAPORE (PRWEB) July 03, 2020 Element AI, a global developer of artificial intelligence-powered (AI... See more »
June 18, 2020PRWeb

AI Entrepreneur Philippe Beaudoin Announces New Montreal-based start-up

Waverly to develop proprietary "Empathetic AI" technology, harness Natural Language Understanding to ... See more »
June 16, 2020PRWeb

Element AI Signs Memorandum of Understanding (MOU) with Union Bank of the Philippines

Element AI will support UnionBank with a Research & Development program into state of the art Applied... See more »
May 20, 2020StreetInsider

Element AI and Shinhan AI Korea Announce Joint Research Initiative for New 'NEO 2.0' Investment Advisory Platform

SEOUL, South Korea (PRWEB) May 20, 2020 Element AI, a global developer of artificial intelligence-pow... See more »
April 3, 2020University Chronicle

Element AI Showcases Element AI Orkestrator GPU Management Product at NVIDIA GTC Digital

Canadian AI solutions developer presents newest technology that helps enterprises adopting AI to effi... See more »
March 21, 2020StreetInsider

Mila and its partners rally the scientific community to develop novel data-driven solutions to assist with COVID-19 outbreak

MONTREAL, Quebec (PRWEB) March 20, 2020 The primary objective of the Mila AI taskforce is to bring to... See more »
March 2, 2020PRWeb

Element AI Announces Element AI Trade Flow Scheduler for Capital Market Asset Managers

Latest AI software solution helps optimize trade-implementation decisions to minimize market impact a... See more »

Element AI Videos

February 7, 2020Element AI Vimeo Channel

"orkestrator_ENG" on VIMEO

Cast: Element AI... See more »
February 7, 2020Element AI Vimeo Channel

"orkestrator_FR" on VIMEO

Cast: Element AI... See more »
January 30, 2020Element AI Vimeo Channel

"knowledge-scout-demo-fr-subtitles" on VIMEO

Cast: Element AI... See more »
December 19, 2019Element AI Vimeo Channel

"Document Intelligence Demo" on VIMEO

Cast: Element AI... See more »
November 29, 2019Element AI Vimeo Channel

"Data requirements for AI - Andrew Marble" on VIMEO

Cast: Element AI... See more »
November 29, 2019Element AI Vimeo Channel

"Tipping the balance - Karthik Ramakrishnan" on VIMEO

Cast: Element AI... See more »
November 29, 2019Element AI Vimeo Channel

"Let's get to work - Karthik Ramakrishnan" on VIMEO

Cast: Element AI... See more »

Social Media

Element AI Headquarters

6650 Saint-Urbain Suite 500

Montreal, QuebecH2S 3G9

1-514-379-3568

Driving Directions »

Trending Companies

Element AI Summary

ABOUT

Overview

Element AI develops an AI-based platform that provides strategic advisory and enablement solutions for logistics, retail and manufacturing industries. Element AI was founded in 2016. Element AI's headquarters is located in Montreal, Quebec, CA H2S 3G9...

CEO

Element AI's Co-Founder & CEO, Jean Francois Gagne, currently has an approval rating of 54%. Element AI's primary competitors are Landing AI, Hive & Abacus.AI.

Website

elementai.com

Frequently Asked Questions about Element AI

  1. When was Element AI founded?

    Element AI was founded in 2016
  2. Who is Element AI's CEO?

    Element AI's CEO is Jean Francois Gagne
  3. How much revenue does Element AI generate?

    Element AI generates $55M in revenue
  4. How much funding does Element AI have?

    Element AI has historically raised $303.4M in funding
  5. Where is Element AI's headquarters?

    Element AI's headquarters is in Montreal Quebec, CA
  1. How many employees does Element AI have?

    Element AI has 500 employees
  2. What sector does Element AI operate in?

    Element AI is in Application Software, Artificial Intelligence (AI)
  3. Who are Element AI's competitors?

    Element AI's top competitors are Landing AI, Hive, Abacus.AI
  4. Who has Element AI invested in?

    Element AI's has invested in companies such as Omnirobotic