Element5
Valuation
$51.3M
2024 Revenue
$17.1M
Funding
$0
Team
203
Founded
2019
How Element5 CEO Joe Randesi grew 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 | Quote |
|---|---|---|
| 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 | Quote |
|---|
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.
Element5 Employees & Team Size
Element5 employs approximately 203 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 203 employees (September 2024) |
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.
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.
Claim this profilePeople Also Viewed
CrossTEK Technology
CrossTEK Technology is a SaaS mobile internet application service provider company.
cj Advertising
Innovative marketing and advertising agency that specializes in working with exclusively personal injury law firms
Mino Games
Mobile games company
VanHack Technologies Inc.
VanHack helps you hire senior developers quickly. With our Slack app, you can quickly and easily search our database of 177,000+ developers, get direct links to candidate profiles, and schedule interviews in minutes.
Onset Financial
Firm in the equipment lease and finance industry, with a best-in-class team and an award-winning culture boasting consistent growth
Spekit
Spekit is a digital enablement platform that maximizes employee productivity, streamlines onboarding, and drives tool adoption.