Element AI
Montreal, Quebec, Canada
2021 Revenue
$3.5M
Funding
$268.1M
Team
78
Founded
2016
Element AI Revenue & Funding (2021)
Element AI generated $3.5M in revenue in 2021.
Element AI is a provider of artificial intelligence services. It offers a platform that helps organizations embrace an AI-First strategy. The sectors it serves are banking, capital markets, insurance, manufacturing, retail, transportation and logistics. The company was founded in 2016 and is headquartered in Montreal, Canada. It seeks to expand its core operations through mergers and acquisitions.
Last updated
Element AI Revenue
In 2021, Element AI's revenue reached $3.5M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Element AI Hit $3.5m revenue in April 2021 | Not recorded |
| 2016 | Launched with $0 revenue |
Element AI Valuation, Funding Rounds
Element AI has not publicly disclosed its valuation. The company has raised $268.1M in total funding to date.
Element AI has raised $268.1M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $166.1M | - | - | Not recorded |
| 2017 | Funding round | $102M | - | - | Not recorded |
Founder / CEO
Jean-Francois Gagne
CEO
Jean-François JF Gagné is the founder of Element AI where he leads the strategic vision of the company. He is widely sought by large organizations for his ability to make sense of AI technology across industry contexts, and he puts his insight to work with the Element AI team to enable human-machine collaboration as the next generation of work. JF draws from 18 years as an AI entrepreneur starting and selling two companies in AI and Operations Research, and from his former role as Chief Product Officer and Chief Innovation Officer at JDA Software where he was the youngest global C-Level Executive of a top-20 Enterprise Software company.
Element AI Employees & Team Size
Element AI employs approximately 78 people as of 2026, including 6 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 78 employees (April 2021) | Not recorded |
Frequently Asked Questions about Element AI
Who owns Element AI?
Element AI is owned by ServiceNow, which acquired it.
What is Element AI's revenue?
As of 2021, Element AI generated $3.5M in revenue.
Who founded Element AI?
Element AI was founded by Jean-Francois Gagne.
When was Element AI founded?
Element AI was founded in 2016.
How much funding does Element AI have?
Element AI raised $268.1M across 2 rounds.
How many employees does Element AI have?
As of 2021, Element AI had 78 employees.
Where is Element AI headquartered?
Element AI is headquartered in Montreal, Quebec, Canada.
Compare Element AI to the industry
Element AI operates across multiple industries. Browse revenue, funding, and growth data for Element AI in each sector below.
Data and Sources
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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