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Montreal, Quebec, Canada
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
In 2021, Element AI's revenue reached $3.5M. Since its launch in 2016, Element AI has shown consistent revenue growth.
Element AI reached a $10.4M valuation in 2025, set during its M&A Offer round.
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 |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $10.4M | - | |
| 2019 | Funding round | $166.1M | - | - | |
| 2017 | Funding round | $102M | - | - |
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.
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| What's your age? | - |
| Favorite online tool? | - |
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We do not have customer count information for Element AI yet.
Element AI employs approximately 78 people as of 2026, including 6 sales reps that carry a quota.
Element AI generates $3.5M in revenue.
Element AI was founded by Jean-Francois Gagne.
The CEO of Element AI is Jean-Francois Gagne.
Element AI raised $268.1M across 2 rounds.
Element AI has 78 employees.
Element AI is headquartered in Montreal, Quebec, Canada.
Element AI operates across multiple industries. Browse revenue, funding, and growth data for Element AI 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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Valuation
$10.4M
2021 Revenue
$3.5M
Funding
$268.1M
Team
78
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2021 | Element AI Hit $3.5m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 78 employees (April 2021) |
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