Element AI logo
Founded 2016

Element AI

2021 Revenue

$3.5M

YOY

Funding

$268.1M

How Element AI hit $3.5M in Revenue.

About Element AI

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.

Monthly Revenue

$290.1K

Total Expenses

$290.1K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

MontrealQuebecCanada
$Funding$Revenue

Element AI Revenue

In 2021, Element AI revenue run rate hit $3.5M in revenue.

$3.5M

Element AI Valuation and Funding History

Element AI has raised a total of $268.1M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
09/13/2019$166.1M
06/14/2017$102.0M

Customers

Element AI has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Element AI has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Element AI has 78 employees. They have 6 sales reps that carry a quota They have an engineering team of 60. and a marketing team of 2.

2021
DistributionQty

Total Team Size

78

Engineers

60 (77%)

Sales

6 (8%)

Marketing

2 (3%)

CEO/Founder

Jean-Francois Gagne

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.


CEO Q&A

What's your age?

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Favorite online tool?

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Favorite book?

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Favorite CEO?

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Advice for 20 year old self

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Frequently Asked Questions about Element AI

When was Element AI founded?

Element AI was founded in 2016.


Who is the CEO of Element AI?

The CEO of Element AI is Jean-Francois Gagne


How many employees does Element AI have?

Element AI has 78 employees.

How much revenue does Element AI generate?

Element AI generates $3.5M in revenue.


How much funding does Element AI have?

Element AI has raised $268.1M.


Where is Element AI headquarters?

Element AI is headquartered at MontrealQuebecCanada

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