Element
2024 Revenue
$3.6M
Funding
$18.1M
YOY
54.4%
Team
62
Founded
2012
How Element CEO Adam Perold grew Element to $3.6M revenue with a 62 person team in 2024.
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.
Last updated
Element Revenue
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.
| Year | Milestone |
|---|---|
| 2024 | Element Hit $3.6m revenue in October 2024 |
| 2023 | Element Hit $2.3m revenue in December 2023 |
| 2021 | Element Hit $1.4m revenue in April 2021 |
| 2012 | Launched with $0 revenue |
Element Valuation, Funding Rounds
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 |
|---|---|---|---|---|
| 2018 | Funding round | $12M | - | - |
| 2014 | Funding round | $5.3M | - | - |
| 2012 | Funding round | $750K | - | - |
Element Employees & Team Size
Element employs approximately 62 people as of 2026, up from 56 in 2023.
Element has 62 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 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) |
Founder / CEO
Adam Perold
Co-founder, President & CEO at Element, Inc. since July 2012 to present. He studied at Stanford University and Harvard Business School.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Element yet.
Frequently Asked Questions about Element
What is Element's revenue?
Element generates $3.6M in revenue.
Who founded Element?
Element was founded by Adam Perold.
Who is the CEO of Element?
The CEO of Element is Adam Perold.
How much funding does Element have?
Element raised $18.1M.
How many employees does Element have?
Element has 62 employees.
Where is Element headquarters?
Element is headquartered in New York, New York, United States.
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Compare Element to the industry
Element operates across multiple industries. Browse revenue, funding, and growth data for Element in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .