Element5
Valuation
$51.3M
2024 Revenue
$17.1M
Funding
$0
Team
203
Founded
2019
How Element5 CEO Joe Randesi grew Element5 to $17.1M revenue with a 203 person team in 2024.
Leveraging AI technologies to create staff capacity by automating eligibility, authorization and RCM workflows.
Last updated
Element5 Revenue
In 2024, Element5's revenue reached $17.1M. Since its launch in 2019, Element5 has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Element5 Hit $17.1m revenue in June 2024 |
| 2019 | Launched with $0 revenue |
Element5 Valuation, Funding Rounds
Element5's most recent disclosed valuation is $51.3M.
Element5 is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2019, Element5 has grown to $17.1M in revenue without raising any venture capital or outside funding.
As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, Element5 has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Element5 Employees & Team Size
Element5 employs approximately 203 people as of 2026.
Element5 has 203 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 203 employees (September 2024) |
Founder / CEO
Joe Randesi
Joe Randesi is listed as Founder / CEO at Element5.
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 Element5 yet.
Frequently Asked Questions about Element5
What is Element5's revenue?
Element5 generates $17.1M in revenue.
Who founded Element5?
Element5 was founded by Joe Randesi.
Who is the CEO of Element5?
The CEO of Element5 is Joe Randesi.
How much funding does Element5 have?
Element5 raised $0.
How many employees does Element5 have?
Element5 has 203 employees.
Where is Element5 headquarters?
Element5 is headquartered in San Jose, California, United States.
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Compare Element5 to the industry
Element5 operates across multiple industries. Browse revenue, funding, and growth data for Element5 in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .