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Valuation

$2M

2024 Revenue

$673.6K

Customers

44K

Funding

$0

YOY

37%

Avg ACV

$15

Team

5

Founded

2000

How Elementool CEO Yaron Sinai grew Elementool to $673.6K revenue and 44K customers in 2024.

The company primarily operates in the Software industry. Elementool was founded in 2000 and is headquartered in Austin, TX.

Last updated

Elementool Revenue

In 2024, Elementool's revenue reached $673.6K. The company previously reported $491.7K in 2023. Since its launch in 2000, Elementool has shown consistent revenue growth.

Elementool Revenue GrowthReported revenue / ARR by year$0$150K$300K$450K$600K$750K2000200220042006200820102012201420162018202020222024$0$494K$674KSource: GetLatka.com
YearMilestone
2024Elementool Hit $673.6k revenue in October 2024
2023Elementool Hit $491.7k revenue in December 2023
2021Elementool Hit $493.7k revenue in April 2021
2000Launched with $0 revenue

Elementool Valuation, Funding Rounds

Elementool's most recent disclosed valuation is $2M.

Elementool is a bootstrapped SaaS startup. Founded in 2000, Elementool has grown to $673.6K in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Elementool has built its business with no outside investment.

Elementool Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120002000 cumulative: $0 • 2000 Founded: $02000 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Elementool Employees & Team Size

Elementool employs approximately 5 people as of 2026.

Elementool has 5 total employees in different roles and functions. They have 44K customers that rely on the company's solutions.

Elementool Team GrowthReported headcount over time02356820002002200420062008201020122014201620182020202220240055Source: GetLatka.com
YearMilestone
2024Reached 5 employees (October 2024)
2023Reached 5 employees (December 2023)
2022Reached 5 employees (December 2022)
2021Reached 6 employees (December 2021)
2021Reached 6 employees (April 2021)

Founder / CEO

Yaron Sinai

Yaron Sinai is listed as Founder / CEO at Elementool.

Q&A

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Customers

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Frequently Asked Questions about Elementool

What is Elementool's revenue?

Elementool generates $673.6K in revenue.

Who founded Elementool?

Elementool was founded by Yaron Sinai.

Who is the CEO of Elementool?

The CEO of Elementool is Yaron Sinai.

How much funding does Elementool have?

Elementool raised $0.

How many employees does Elementool have?

Elementool has 5 employees.

Where is Elementool headquarters?

Elementool is headquartered in United States.

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We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.

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 .

Elementool Revenue 2024: $673.6K ARR, $2M Valuation