Element AIrevenue, acquisition & funding
Consulting & AdvisoryMontreal, Quebec, CanadaFounded 2016
Element AI was acquired by ServiceNow. See ServiceNow's profile →
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.
Element AI revenue
Element AI's annual revenue was $3.5M in April 2021, its last figure before ServiceNow bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $3.5M | – |
– source not recorded
Who owns Element AI
ServiceNow owns Element AI. The date and price of the deal are not on record.
Element AI funding rounds & investors
Element AI has raised $268.1M across two rounds since 2017. The latest was a $166.1M funding round in September 2019.
| Date | Round | Raised |
|---|---|---|
| Sep 2019 | Funding round | $166.1M |
| Jun 2017 | Funding round | $102M |
| Total raised | $268.1M |
Element AI CEO, founders & employees
Jean-Francois Gagne founded Element AI in 2016 and led it as CEO. Element AI had 78 employees (April 2021).
- Jean-Francois GagneFounder & CEO
Team mix (Apr 2021): 60 engineers, 6 in sales, 2 in marketing
Element AI FAQ
What was Element AI's revenue?
Before ServiceNow bought it, Element AI's annual revenue was $3.5M in April 2021 (source not recorded).
Who owns Element AI?
ServiceNow owns Element AI.
How much funding has Element AI raised?
Element AI raised $268.1M across two funding rounds before ServiceNow bought it. The last was a $166.1M funding round in September 2019.
How many employees does Element AI have?
Element AI had 78 employees in April 2021.
Who founded Element AI?
Jean-Francois Gagne founded Element AI in 2016.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun Element AI? Join the podcast