COMPANY PROFILE

Element AI

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Platform for companies to build AI solutions

Montreal, CanadaFounded 2016AI

Valuation $250–500M Last recorded · 2019

Headcount <100 Current team size

Total funding $100–500M Disclosed equity funding

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About Element AI

Element AI was a Montreal-based enterprise artificial intelligence software company, founded in October 2016. It turned fundamental and applied AI research into software products and services that helped large organisations adopt and deploy AI in their operations. The company raised venture funding from investors including DCVC, Real Ventures, Intel Capital, M12 and Nvidia, and was acquired by ServiceNow in a deal that closed in January 2021.

MoreLess Source: Dealroom company data

At a glance

Status: Acquired
Founded: 2016
Headquarters: Montreal, Canada
Employees: 3
Open positions: None listed
Dealroom signal: 65.1/100
Industry: Enterprise Software
Sector: AI, Developer Tools, Core AI, Vivatech2019, Hard Tech, AI Model Maker, ai model layer, DT and LS
Technology: Artificial Intelligence, Deep Tech, Machine Learning, Nanotech
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITIONOther financing	Jan 2021	$230M	—	ServiceNow	↗
SERIES BOther financing	Sep 2019	$147M	$477M	McKinsey & Company · BDC Capital · Hanwha Asset Management · La Caisse	—

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Growth signals

Element AI website traffic

Latest recorded traffic for Element AI is 4.6K monthly website visits, down 87.2% over the last three months. Element AI's team declined 50% over the past year.

Latest monthly visits4.6K 3-month web change-87.2% 1-year team growth-50%

Monthly website visitsJan 2017–Jul 2026

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