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Element - About the company

Element is a series B company based in London (United Kingdom), founded in 2016 by Amandine Le Pape, Matthew Hodgson and Amandine Le Pape. It operates as a Decentralized team messaging app for enterprises. Element has raised $48.1M in funding from investors like Automattic, Protocol Labs and Notion, with a current valuation of £*****. The company has 793 active competitors, including 121 funded and 50 that have exited. Its top competitors include companies like Slack, Mask Network and LayerZero Labs Canada Inc.

Company Details

Decentralized team messaging app for enterprises. Its app also allows users to share photos and files and provides end to end messaging solutions for enterprises. Its mobile app is available for both iOS and Android devices and a web app for Windows and macOS. It allows users to communicate securely and collaborate in real time, making it suitable for businesses and organizations that prioritize data sovereignty and security.
Social
X
Email ID
*****@element.io
Registered Address
1229 MONICA DR,ALLEN,TX,75013.0,43
Key Metrics
Founded Year
2016
Location
Stage
Series B
Total Funding
$48.1M in 4 rounds
Latest Funding Round
Post Money Valuation
£***** as on Jul 19, 2022
Investors
Ranked
Annual Revenue
€20.5K as on Dec 31, 2023
Employee Count
109 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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Element's funding and investors

Element has raised a total funding of $48.1M over 4 rounds. Its first funding round was on Jan 29, 2018. Its latest funding round was a Series B round on Jul 19, 2021 for $*****. 4 investors participated in its latest round. Element has 9 institutional investors.

Here is the list of recent funding rounds of Element:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 19, 2021
5919478
Series B
6013839
9695360
4866727
3778839
Apr 22, 2020
5251160
Series A
6371516
1438475
6775185
1526363
Sep 27, 2019
3946861
Series A
1005845
1793908
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Element's founders and board of directors

Founder? Claim Profile
The founders of Element are Amandine Le Pape, Matthew Hodgson and Amandine Le Pape. Matthew Hodgson is the CEO of Element.
Here are the details of Element's key team members:

Element's employee count trend

Element has 109 employees as of Mar 26. Here is Element's employee count trend over the years:
Employee count trend for Element
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Element's Competitors and alternates

Top competitors of Element include Slack, Mask Network and LayerZero Labs Canada Inc. Here is the list of Top 10 competitors of Element, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Slack
Slack
2009, San Francisco (United States), Acquired
Provider of cloud-based team communication and collaboration platform
$1.22B
90/100
2nd
Logo for Mask Network
Mask Network
2018, Champaign (United States), Series A
Provider of encrypted messaging applications
$5M
73/100
3rd
Logo for LayerZero Labs Canada Inc
LayerZero Labs Canada Inc
2021, Vancouver (Canada), Series B
Omnichain interoperability protocol that unites decentralized applications
$318M
70/100
4th
Logo for Axelar
Axelar
2020, Toronto (Canada), Series B
Online platform for cross-chain communication for web3
$93.7M
69/100
5th
Logo for Element
Element
2016, London (United Kingdom), Series B
Decentralized team messaging app for enterprises
$48.1M
67/100
6th
Logo for JANDI
JANDI
2014, Seoul (South Korea), Series B
Cloud-based enterprise collaboration platform for team messaging
$25.8M
66/100
7th
Logo for Spike
Spike
2014, Herzliya (Israel), Series A
Provider of enterprise cybersecurity solutions
$13M
66/100
8th
Logo for Wormhole
Wormhole
2020, George Town (Cayman Islands), Series D
Provider of blockchain interoperability platform
$225M
65/100
9th
Logo for Blink
Blink
2014, London (United Kingdom), Series A
Developer of a mobile-first platform for employee experience and communications
$31.4M
64/100
10th
Logo for Critical Path
Critical Path
1998, San Mateo (United States), Acquired
Spam-blocking, virus protection, and secure messaging services
$42M
63/100
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Element's Investments and acquisitions

Element has acquired 2 companies including Gitter and Gitter. Element has not made any investments as of now.

News related to Element

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Media has covered Element for a total of 3 events in the last 1 year.
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FAQs about Element

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