Element - About the company
Element is a series A company based in New York City (United States), founded in 2012 by Yann LeCun and Adam Perold. It operates as a Provider of digital identity, eKYC, authentication, and risk assessment solutions. Element has raised $12M in funding from GDP Venture and PTB Ventures. The company has 2286 active competitors, including 425 funded and 282 that have exited. Its top competitors include companies like Idfy, IDnow and Riskified.
Company Details
Provider of digital identity, eKYC, authentication, and risk assessment solutions. It offers eKYC services to verify biometrics data and government-issued documents. The company provides authentication solutions using biometrics and liveness detection. It delivers a risk platform to assess fraud risk across multiple databases for digital account creation and financial product enrollment.
- Website
- elementresearch.com
- Social
- Registered Address
- New York City (United States)
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Series A
Total Funding
$12M in 1 round
Latest Funding Round
Investors
Ranked
291st among 2286 active competitors
Employee Count
28 as on Aug 31, 2026
Legal entities associated with Element
Element is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ELEMENT INC CIN: 36-4737712 , United States, Active | Jul 17, 2012 | - | 26 (As on Dec 31, 2020) | - |
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Element's funding and investors
Element has raised a total funding of $12M over 1 round. Its latest funding round was a Series A round on Apr 11, 2018 for $*****. 10 investors participated in its latest round. Element has 13 institutional investors.
Here is the list of recent funding rounds of Element:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 11, 2018 | 5072481 | Series A | 7948082 | 5090782 | 6764925 | 8201726 |
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Element's founders and board of directors
Founder? Claim ProfileHere are the details of Element's key team members:
- Yann LeCun: Co-Founder & Advisor of Element and founder of 2 other companies, Ami Labs and Element. They are also an angel investor in 9 startups.
- Adam Perold: Co-Founder & CEO of Element and founder of 1 other company.
View details of Element's Founder profiles and Board Members
Element's employee count trend
Element has 28 employees as of Aug 26. Here is Element's employee count trend over the years:
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Element's Competitors and alternates
Top competitors of Element include Idfy, IDnow and Riskified. Here is the list of Top 10 competitors of Element, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
2nd | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
3rd |  Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 75/100 | |
4th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
5th |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 74/100 | |
6th | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
7th | Onfido 2012, London (United Kingdom), Acquired | Provider of identity verification and digital security authentication software solutions | $242M | 72/100 | |
8th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
9th | Clear 2010, New York City (United States), Public | Provider of expedited identity verification services for airport security and more | $135M | 71/100 | |
10th |  Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 71/100 | |
291st | Element 2012, New York City (United States), Series A | Provider of digital identity, eKYC, authentication, and risk assessment solutions | $12M | 43/100 |
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Element's Investments and acquisitions
Element has made no investments or acquisitions yet.
Reports related to Element
Here is the latest report on Element's sector:
News related to Element
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