ELSE Corp
Valuation · 2019
$5.6M
2024 Revenue
$2.6M(Est.)
Funding
$2.1M
Team
12
Founded
2014
ELSE Corp Revenue, Valuation & Funding (2024)
ELSE Corp generated an estimated $2.6M in annual revenue in 2024. Source: GetLatka estimate
Provider of a cloud-based virtual retail platform. The company's platform combines front-end retail processes with back-end processes such as fitting and order creation for streamlining of manufacturing process.
Last updated
ELSE Corp Revenue
In 2024, ELSE Corp's revenue reached $2.6M. The company previously reported $1.3M in 2023. Since its launch in 2014, ELSE Corp has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | ELSE Corp Hit $2.6m revenue in October 2024 | Estimated |
| 2023 | ELSE Corp Hit $1.3m revenue in December 2023 | Estimated |
| 2021 | ELSE Corp Hit $1.6m revenue in April 2021 | Not recorded |
| 2014 | Launched with $0 revenue |
ELSE Corp Valuation, Funding Rounds
ELSE Corp reached a $5.6M valuation in 2019, set during its Angel round.
ELSE Corp has raised $2.1M in total funding across 7 rounds, most recently a $284.3K Angel round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Angel | $284.3K | $5.6M | 5% | Not recorded |
| 2019 | Seed | - | $8.4M | - | Not recorded |
| 2018 | Angel | $113.7K | $5.7M | 2% | Not recorded |
| 2018 | Angel | $113.7K | - | - | Not recorded |
| 2017 | Debt Financing | $568.5K | - | - | Not recorded |
| 2016 | Angel | $454.8K | $5.6M | 8% | Not recorded |
| 2016 | Angel | $170.5K | $5.7M | 3% | Not recorded |
| 2014 | Angel | $397.9K | - | - | Not recorded |
Founder / CEO
Andrey Golub
CEO
DeepTech & FashionTech Entrepreneur for 12+ years, with a special passion to AI and Digital Twins, AI-Driven Design. Andrey Golub is Business Transformation and Technology Innovation professional, in the past a R&D manager, contract professor, and a strategy consultant, specialized in development and launch of innovative high-tech productsand services, mainly Cloud Computing and Artificial Intelligence. Co-founder of ELSE Corp (www.else-corp.com)- a Virtual Retail and 3D Commerce company and since 2020 he is also General Manager, Italy and Head of AI R&D of ICOL Group (group.icol.com)- Smart RoboFactories and Digital Ecosystems. As of technology entrepreneur since 2010, Andrey's best expertise lay in the field of Fashion/Luxury Design, Retail and Manufacturing.
ELSE Corp Employees & Team Size
ELSE Corp employs approximately 12 people as of 2026, up from 11 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 12 employees (October 2024) | Not recorded |
| 2023 | Reached 11 employees (December 2023) | Not recorded |
| 2022 | Reached 11 employees (December 2022) | Not recorded |
| 2021 | Reached 16 employees (December 2021) | Not recorded |
| 2021 | Reached 19 employees (April 2021) | Not recorded |
Frequently Asked Questions about ELSE Corp
What is ELSE Corp's revenue?
As of 2024, ELSE Corp generated an estimated $2.6M in annual revenue.
What is ELSE Corp's valuation?
As of 2019, ELSE Corp was valued at $5.6M.
Who founded ELSE Corp?
ELSE Corp was founded by Andrey Golub.
When was ELSE Corp founded?
ELSE Corp was founded in 2014.
Who is the CEO of ELSE Corp?
The CEO of ELSE Corp is Andrey Golub.
How much funding does ELSE Corp have?
ELSE Corp raised $2.1M across 7 rounds.
How many employees does ELSE Corp have?
As of 2024, ELSE Corp had 12 employees.
Where is ELSE Corp headquartered?
ELSE Corp is headquartered in Neos Cosmos, Italy.
Compare ELSE Corp to the industry
ELSE Corp operates across multiple industries. Browse revenue, funding, and growth data for ELSE Corp 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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