Latka logo

How Elemental-Machines CEO Sridhar Iyengar grew Elemental-Machines to $12.2M revenue with a 77 person team in 2024.

With a new suite of connected products that harness the power of cloud-based software, machine learning and distributed sensors, Elemental Machines is giving scientists and researchers an easy, powerful and cost-effective solutions

Last updated

Elemental-Machines Revenue

In 2024, Elemental-Machines's revenue reached $12.2M. The company previously reported $9.4M in 2023. Since its launch in 2015, Elemental-Machines has shown consistent revenue growth.

Elemental-Machines Revenue GrowthReported revenue / ARR by year$0$3M$6M$9M$12M$15M201520172019202120232024$0$2M$9M$12MSource: GetLatka.com
YearMilestone
2024Elemental-Machines Hit $12.2m revenue in October 2024
2023Elemental-Machines Hit $9.4m revenue in December 2023
2020Elemental-Machines Hit $1.9m revenue in August 2020
2015Launched with $0 revenue

Elemental-Machines Valuation, Funding Rounds

Elemental-Machines has not publicly disclosed its valuation. The company has raised $16.7M in total funding to date.

Elemental-Machines has raised $16.7M in total funding across 3 rounds, most recently a $5.2M Series A round in 2018.

Elemental-Machines Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$4M$8M$12M$16M$20M20152016201720182015 cumulative: $0 • 2015 Founded: $02016 cumulative: $3M • 2015 Founded: $0 • 2016 Seed Round: $3M2018 cumulative: $12M • 2015 Founded: $0 • 2016 Seed Round: $3M • 2018 Series A: $9M2018 cumulative: $17M • 2015 Founded: $0 • 2016 Seed Round: $3M • 2018 Series A: $9M • 2018 Series A: $5M$17M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Series A$5.2M--
2018Series A$9M--
2016Seed Round$2.5M--

Elemental-Machines Employees & Team Size

Elemental-Machines employs approximately 77 people as of 2026, down from 78 in 2023.

Elemental-Machines has 77 total employees in different roles and functions and 4 sales reps that carry a quota.

Elemental-Machines Team GrowthReported headcount over time020406080100201520172019202120232024007777Source: GetLatka.com
YearMilestone
2024Reached 77 employees (December 2024)
2024Reached 75 employees (October 2024)
2023Reached 78 employees (December 2023)
2022Reached 74 employees (December 2022)
2021Reached 47 employees (December 2021)
2020Reached 21 employees (December 2020)
2020Reached 11 employees (August 2020)
2020Reached 18 employees (June 2020)
2019Reached 17 employees (December 2019)

Founder / CEO

Sridhar Iyengar

Sridhar Iyengar is listed as Founder / CEO at Elemental-Machines.

Q&A

QuestionAnswer
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 Elemental-Machines yet.

Frequently Asked Questions about Elemental-Machines

What is Elemental-Machines's revenue?

Elemental-Machines generates $12.2M in revenue.

Who founded Elemental-Machines?

Elemental-Machines was founded by Sridhar Iyengar.

Who is the CEO of Elemental-Machines?

The CEO of Elemental-Machines is Sridhar Iyengar.

How much funding does Elemental-Machines have?

Elemental-Machines raised $16.7M.

How many employees does Elemental-Machines have?

Elemental-Machines has 77 employees.

Where is Elemental-Machines headquarters?

Elemental-Machines is headquartered in Cambridge, Massachusetts, United States.

People Also Viewed

Sales Layer logo

Sales Layer

Developer of an information platform created to improve product management process. The company's platform uses analytics and automation to centralizes data and synchronizes it in all sales channels automatically to optimizes the management for all types of companies regardless of their size, sector or type, enabling brands and retailers to increase their sales by improving their content across multiple interfaces and multiple sales channels.

Rand Labs logo

Rand Labs

A blockchain development lab specialized in Algorand technology. Our Products: AlgoExplorer My Algo Incubation Labs: Professional development services [email protected]

Fadada.com logo

Fadada.com

Operator of an electronic contracts service platform. The company provides an online platform for electronic document signing and certificate services such as electronic contracts signature, documents signature, evidence custody and other electronic related signature.

Scalesource logo

Scalesource

Scalesource is a platform that provides virtual recruiters as a more cost-effective alternative to traditional in-house recruiters. Our service significantly reduces staffing expenses and enhances human resource management efficiency.

POC Pharma logo

POC Pharma

POC Pharma is a SaaS Company supporting pharma stakeholders to digitally manage their interactions, and grow faster and cheaper.

OnSeen logo

OnSeen

Developer if mobile workforce management software intended to manage people, places and assets. The company's platform schedules, dispatches, monitors and task remote staff and contractors, provide real-time status updates to everyone involved in the process and collaborate with mobile resources in real-time, enabling clients to optimize their processes and reduce their project costs.

Compare Elemental-Machines to the industry

Elemental-Machines operates across multiple industries. Browse revenue, funding, and growth data for Elemental-Machines 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 .