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Elastic - About the company

Elastic is a public company based in San Francisco (United States), founded in 2012 by Simon Willnauer, Uri Boness, Shay Bannon, Joan Cook and Steven Schuurman. It operates as a Cloud based text analytics platform. Elastic has raised $104M in funding from New Enterprise Associates. The company has 303 active competitors, including 55 funded and 27 that have exited. Its top competitors include companies like Cohere, You Technologies and Glean.

Company Details

Cloud based text analytics platform. It is an open search and analytics engine for data that includes structured, and unstructured time series data. It leverages AI and ML to collect log data from multiple sources for visualization. Features include deployment, monitoring, security, and notifications. It is a tool available on subscription-based pricing model.
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Email ID
*****@elastic.co
Registered Address
Mountain View, California
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Public
Total Funding
$104M in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
$1.48B as on Apr 30, 2025
Employee Count
4,986 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Elastic's IPO details

Elastic got listed on Oct 05, 2018.
Click here to take a look at Elastic's IPO in detail
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Elastic's funding and investors

Elastic has raised a total funding of $104M over 3 rounds. Its first funding round was on Nov 08, 2012. Its latest funding round was a Series C round on Jun 05, 2014 for $*****. 3 investors participated in its latest round. Elastic has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Elastic:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 05, 2014
9640339
Series C
9113024
1087103
5303130
4945569
Feb 19, 2013
6094345
Series B
9286496
9787823
2936916
Nov 08, 2012
6789176
Series A
6887684
9081829
7275217
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Elastic's founders and board of directors

Founder? Claim Profile
The founders of Elastic are Simon Willnauer, Uri Boness, Shay Bannon, Joan Cook and Steven Schuurman. Steven Schuurman is the CEO of Elastic.
Here are the details of Elastic's key team members:

Elastic's employee count trend

Elastic has 4,986 employees as of Mar 26. Here is Elastic's employee count trend over the years:
Employee count trend for Elastic
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Elastic's Competitors and alternates

Top competitors of Elastic include Cohere, You Technologies and Glean. Here is the list of Top 10 competitors of Elastic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cohere
Cohere
2019, Toronto (Canada), Series D
Developer of enterprise AI platform and multilingual language and retrieval models
$1.54B
75/100
2nd
Logo for You Technologies
You Technologies
2020, Palo Alto (United States), Series C
AI-enabled key-word based private search engine
$199M
75/100
3rd
Logo for Glean
Glean
2019, Palo Alto (United States), Series F
Cloud-based platform for enterprise search
$765M
73/100
4th
Logo for Elastic
Elastic
2012, San Francisco (United States), Public
Cloud based text analytics platform
$104M
72/100
5th
Logo for Coveo
Coveo
2004, Quebec City (Canada), Public
Provider of AI-powered search and recommendation solutions for enterprise businesses
$358M
70/100
6th
Logo for Lucidworks
Lucidworks
2007, San Francisco (United States), Series F
Provider of AI-powered search and discovery platform for digital experiences
$218M
69/100
7th
Logo for Sanalabs
Sanalabs
2016, Stockholm (Sweden), Acquired
Developer of AI agents and an AI-native learning management system
$136M
67/100
8th
Logo for Graft
Graft
2021, San Francisco (United States), Acquired
Developer of an AI platform for enterprise knowledge management and search
$29M
66/100
9th
Logo for Research Solutions
Research Solutions
2006, Henderson (United States), Public
Provider of AI-powered research workflow solutions, simplifying information access and management for academic institutions, life science companies, and research organizations.
$12.1M
62/100
10th
Logo for Eigen Technologies
Eigen Technologies
2014, London (United Kingdom), Acquired
AI based solutions to extract data from documents
$60M
59/100
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Elastic's Investments and acquisitions

Elastic has made 1 investments in companies including Siren. Elastic has also acquired 14 companies including Jina AI and Keep.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 03, 2025
Investments
2014
Galway (Ireland)
Oct 09, 2025
Acquisition
2020
May 08, 2025
Acquisition
2023
Tel Aviv (Israel)
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News related to Elastic

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Media has covered Elastic for a total of 110 events in the last 1 year, 75 of them have been about company updates and 6 about partnerships.
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