When was Element founded?

Element was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Element located?

Element is headquartered in London, United Kingdom. It is registered at 1229 MONICA DR,ALLEN,TX,75013.0,43.

Who is the current CEO of Element?

Matthew Hodgson of Element. They have also founded 1 company.

How many employees does Element have?

As of Sep 30, 2026, the latest employee count at Element is 109.

Is Element a funded company?

Element is a funded company, having raised a total of $48.1M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 29, 2018.

How much is Element worth?

The latest valuation of Element is £***** as of Jul 19, 2022.

When was the latest funding round of Element?

Element's latest funding was a $***** Series B round on Jul 19, 2021, with participation from 4 investors.

What is the annual revenue of Element?

Annual revenue of Element is less than €1M as on Dec 31, 2023

Where does Element rank among its competitors?

Element ranks 4th amongst 889 active competitors, of which 121 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Workshop, which secured $6.97M in Oct, 2026.

Who are the top competitors of Element?

Element's top competitors include LayerZero Labs Canada Inc, Wormhole and Axelar. Among them, Workshop secured the most recent funding round in October, 2026.

Element - 2026 Company Profile, Team, Funding, Competitors & Financials

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.

Website: element.io/en
Social
Email ID: *****@element.io
Registered Address: 1229 MONICA DR,ALLEN,TX,75013.0,43

Key Metrics

Founded Year

2016

Location

London, United Kingdom

Stage

Series B

Total Funding

$48.1M in 4 rounds

Latest Funding Round

Series B, Jul 19, 2021, $*****

Post Money Valuation

£***** as on Jul 19, 2022

Investors

Notion Capital & 9 more

Ranked

4^th among 889 active competitors

Annual Revenue

€0 - €1M as on Dec 31, 2023

Employee Count

109 as on Sep 30, 2026

Investment & Acquisitions

Gitter & 1 more

Similar Companies

LayerZero Labs Canada Inc & 1013 more

View Element's full profile

Element is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ELEMENT SOFTWARE INC CIN: 32058334551 , United States, Active	Sep 16, 2015	-	-	-
Element Software GmbH CIN: R1101_HRB96088 , Germany, Active	Aug 26, 2021	-	-
Element OÜ CIN: 14824809 , Estonia, Active	Oct 10, 2019	€0 - €1M (As on Dec 31, 2023)	1 (As on Sep 30, 2022)
NEW VECTOR LIMITED CIN: 10873661 , United Kingdom, Active	Jul 18, 2017	£10M - £50M (As on Jun 30, 2025)	29 (As on Jun 30, 2020)

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 10 institutional investors.

Here is the list of recent funding rounds of Element:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 19, 2021	7839026	Series B	4606569	9352916	7352361	8222197
Apr 22, 2020	5485884	Series A	4477804	9195147	1891333	3080227
Sep 27, 2019	6744417	Series A	5415996	4182085	Notion Capital	Dawn Capital & 1 more

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View details of Element's funding rounds and investors

The founders of Element are Matthew Hodgson and Amandine Le Pape. Matthew Hodgson is the CEO of Element.

Here are the details of Element's key team members:

Matthew Hodgson: Co-Founder, CEO & CTO of Element and founder of 1 other company.
Contact Info: 1 email address
Amandine Le Pape: Co-Founder of Element and founder of 1 other company.
Contact Info: 2 email addresses

View details of Element's Founder profiles and Board Members

Element's employee count trend

Element has 109 employees as of Sep 26. Here is Element's employee count trend over the years:

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Top competitors of Element include LayerZero Labs Canada Inc, Wormhole and Axelar. 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	LayerZero Labs Canada Inc 2021, Vancouver (Canada), Series B	Omnichain interoperability protocol that unites decentralized applications	$318M	Andreessen Horowitz, Sequoia Capital & 54 others	71/100
2nd	Wormhole 2020, George Town (Cayman Islands), Series D	Provider of blockchain interoperability platform	$225M	ParaFi, Borderless Capital & 9 others	64/100
3rd	Axelar 2020, Toronto (Canada), Series B	Online platform for cross-chain communication for web3	$93.8M	DCVC, Olive Tree Capital & 41 others	64/100
4th	Element 2016, London (United Kingdom), Series B	Decentralized team messaging app for enterprises	$48.1M	Amdocs, Dawn Capital & 8 others	64/100
5th	Mask Network 2018, Champaign (United States), Series A	Provider of encrypted messaging applications	$5M	Fundamental Labs, Digital Currency Group ... & 43 others	63/100
6th	Spike 2014, Herzliya (Israel), Series A	Provider of enterprise cybersecurity solutions	$13M	NFX, Insight Partners & 6 others	62/100
7th	ChatWork 2012, Sunnyvale (United States), Public	Cloud based task management platform for file sharing	$15.3M	JAFCO, SMBC Venture Capital & 1 others	61/100
8th	Workshop 2020, Omaha (United States), Series A	Cloud-based platform for employee communications	$34.7M	McCarthy Capital, Coelius Capital & 7 others	60/100
9th	Crew 2015, San Francisco (United States), Acquired	Staff management software and tools to empower teams and simplify operations	$58M	Greylock Partners, Sequoia Capital & 8 others	60/100
10th	Langdock 2023, Berlin (Germany), Seed	Provider of an AI platform offering chat, assistants, and workflow automation	$3.5M	La Famiglia, Y Combinator & 5 others	59/100