Element5
Valuation
$51.3M
2024 Revenue
$17.1M(Est.)
Funding
$0
Team
203
Founded
2019
Element5 Revenue & Valuation (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 | Source |
|---|---|---|
| 2024 | Element5 Hit $17.1m revenue in June 2024 | Estimated |
| 2019 | Launched with $0 revenue |
Element5 Valuation, Funding Rounds
Element5 reached a $51.3M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $51.3M | - |
Founder / CEO
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.
Element5 Employees & Team Size
Element5 employs approximately 203 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 203 employees (September 2024) |
Frequently Asked Questions about Element5
What is Element5's revenue?
Element5 generates an estimated $17.1M in annual 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.
Compare Element5 to the industry
Element5 operates across multiple industries. Browse revenue, funding, and growth data for Element5 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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