Element AI
Montreal, Quebec, Canada
Valuation
$10.4M
2021 Revenue
$3.5M
Funding
$268.1M
Team
78
Founded
2016
How Element AI CEO Jean-Francois Gagne grew to $3.5M revenue with a 78 person team 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. Since its launch in 2016, Element AI has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Element AI Hit $3.5m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
Element AI Valuation, Funding Rounds
Element AI's most recent disclosed valuation is $10.4M.
Element AI has raised $268.1M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $166.1M | - | - | |
| 2017 | Funding round | $102M | - | - |
Founder / CEO
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.
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 AI yet.
Element AI Employees & Team Size
Element AI employs approximately 78 people as of 2026, including 6 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2021 | Reached 78 employees (April 2021) |
Frequently Asked Questions about Element AI
What is Element AI's revenue?
Element AI generates $3.5M in revenue.
Who founded Element AI?
Element AI was founded by Jean-Francois Gagne.
Who is the CEO of Element AI?
The CEO of Element AI is Jean-Francois Gagne.
How much funding does Element AI have?
Element AI raised $268.1M.
How many employees does Element AI have?
Element AI has 78 employees.
Where is Element AI headquarters?
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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