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Developer of a mobile software created to eliminate the need for special hardware, creating a portable identity that can be used by anyone, anywhere. The company's software offers end-to-end biometric services that are used to build global immunization platforms, enable connected diagnostics, provide a digital identity resource for healthcare providers and empower access to financial services, enabling people who lack proper identification to be a part of the efficient and inclusive societies.
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In 2024, Element's revenue reached $3.6M. The company previously reported $2.3M in 2023. Since its launch in 2012, Element has shown consistent revenue growth.
Element has not publicly disclosed its valuation. The company has raised $18.1M in total funding to date.
Element has raised $18.1M in total funding across 3 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2018 | Funding round | $12M | - | - | |
| 2014 | Funding round | $5.3M | - | - | |
| 2012 | Funding round | $750K | - | - |
CEO
Co-founder, President & CEO at Element, Inc. since July 2012 to present. He studied at Stanford University and Harvard Business School.
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Element yet.
Element employs approximately 62 people as of 2026, up from 56 in 2023.
Element generates an estimated $3.6M in annual revenue.
Element was founded by Adam Perold.
The CEO of Element is Adam Perold.
Element raised $18.1M across 3 rounds.
Element has 62 employees.
Element is headquartered in New York, New York, United States.
Element operates across multiple industries. Browse revenue, funding, and growth data for Element in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$3.6M(Est.)
Funding
$18.1M
Team
62
Founded
2012
| Year | Milestone | Source |
|---|---|---|
| 2024 | Element Hit $3.6m revenue in October 2024 | Estimated |
| 2023 | Element Hit $2.3m revenue in December 2023 | Estimated |
| 2021 | Element Hit $1.4m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 62 employees (October 2024) | |
| 2023 | Reached 56 employees (December 2023) | |
| 2022 | Reached 56 employees (December 2022) | |
| 2021 | Reached 40 employees (December 2021) | |
| 2021 | Reached 38 employees (April 2021) |
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