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Elemental-Machines Revenue & Funding (2024)

Elemental-Machines generated an estimated $12.2M in annual revenue in 2024. Source: GetLatka estimate

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

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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 over time · latest figure estimated$0$3M$6M$9M$12M$15M201520172019202120232024$0$1.9M$12.2MSource: GetLatka.com
YearMilestoneSource
2024Elemental-Machines Hit $12.2m revenue in October 2024Estimated
2023Elemental-Machines Hit $9.4m revenue in December 2023Estimated
2020Elemental-Machines Hit $1.9m revenue in August 2020Not recorded
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$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M2015201620172018Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2018Series A$5.2M--Not recorded
2018Series A$9M--Not recorded
2016Seed$2.5M--Not recorded

Elemental-Machines Employees & Team Size

Elemental-Machines employs approximately 77 people as of 2026, down from 78 in 2023, including 4 sales reps that carry a quota.

Elemental-Machines Team GrowthReported headcount over time020406080100201520172019202120232024007777Source: GetLatka.com
YearMilestoneSource
2024Reached 77 employees (December 2024)Not recorded
2024Reached 75 employees (October 2024)Not recorded
2023Reached 78 employees (December 2023)Not recorded
2022Reached 74 employees (December 2022)Not recorded
2021Reached 47 employees (December 2021)Not recorded
2020Reached 21 employees (December 2020)Not recorded
2020Reached 11 employees (August 2020)Not recorded
2020Reached 18 employees (June 2020)Not recorded
2019Reached 17 employees (December 2019)Not recorded

Frequently Asked Questions about Elemental-Machines

What is Elemental-Machines's revenue?

As of 2024, Elemental-Machines generated an estimated $12.2M in annual revenue.

Who founded Elemental-Machines?

Elemental-Machines was founded by Sridhar Iyengar.

When was Elemental-Machines founded?

Elemental-Machines was founded in 2015.

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 across 3 rounds.

How many employees does Elemental-Machines have?

As of 2024, Elemental-Machines had 77 employees.

Where is Elemental-Machines headquartered?

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

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.

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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