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 Berlin, Germany. It is registered at Hardenbergstrasse 32 10623 Berlin Germany.

How many employees does Element have?

As of Sep 30, 2026, the latest employee count at Element is 24.

Is Element a funded company?

Element is a funded company, having raised a total of $139M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 29, 2018.

When was the latest funding round of Element?

Element's latest funding was a $***** Series C round on Mar 26, 2024, with participation from 2 investors.

Where does Element rank among its competitors?

Element ranks 19th amongst 115 active competitors, of which 38 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Cover Genius, which secured $111M in Jun, 2026.

Who are the top competitors of Element?

Element's top competitors include Bolttech, Akur8 Technologies and Zopper. Among them, Cover Genius secured the most recent funding round in June, 2026.

Element - 2026 Company Profile, Funding, Competitors & Financials

Element is a series C company based in Berlin (Germany), founded in 2016. It operates as an Insurance as a service platform offering private property and casualty insurance. Element has raised $139M in funding from investors like SBI, Mundi Ventures and VZB. The company has 115 active competitors, including 38 funded and 3 that have exited. Its top competitors include companies like Bolttech, Akur8 Technologies and Zopper.

Company Details

Insurance as a service platform offering private property and casualty insurance. It offers a modular insurance API engine that enables digital businesses to launch custom insurance products. Businesses can use the white-label platform for real-time price calculation, underwriting, or mid-term policy adjustment.

Website: www.element.in
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Registered Address: Hardenbergstrasse 32 10623 Berlin Germany

Key Metrics

Founded Year

2016

Location

Berlin, Germany

Stage

Series C

Total Funding

$139M in 6 rounds

Latest Funding Round

Series C, Mar 26, 2024, $*****

Investors

SBI & 15 more

Ranked

19^th among 115 active competitors

Employee Count

24 as on Sep 30, 2026

Similar Companies

Bolttech & 43 more

View Element's full profile

Element is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Element Insurance AG CIN: HRB182671 , Germany, Active	Dec 22, 2016	-	129 (As on Dec 31, 2023)

Element has raised a total funding of $139M over 6 rounds. Its first funding round was on Nov 29, 2018. Its latest funding round was a Series C round on Mar 26, 2024 for $*****. 2 investors participated in its latest round. Element has 14 institutional investors and 2 angel 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
Mar 26, 2024	2013323	Series C	2542707	4762147	6055519	6698792
Jul 15, 2022	4609569	Series B	8661852	4878090	8418781	Mundi Ventures & 2 more
Jun 07, 2021	8399451	Series A	5750968	5303187	4327874	FinLeap & 6 more

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View details of Element's funding rounds and investors

Element's employee count trend

Element has 24 employees as of Sep 26. Here is Element's employee count trend over the years:

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Top competitors of Element include Bolttech, Akur8 Technologies and Zopper. 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	Bolttech 2020, Singapore (Singapore), Series C	Provider of digital infrastructure for embedding insurance into customer journeys	$640M	Activant Capital, Dragon Funds & 22 others	73/100
2nd	Akur8 Technologies 2018, Paris (France), Series C	Provider of pricing and reserving platform for the insurance industry	$180M	FinTLV, Kamet & 8 others	68/100
3rd	Zopper 2011, Noida (India), Acquired	Provider of API-enabled insurance distribution and management solutions	$125M	Tiger Global Management, Elevation Capital ... & 26 others	67/100
4th	Bharatsure 2021, Mumbai (India), Seed	Provider of technology and infrastructure for employee benefits and embedded insurance	$3.25M	Inflection Point Ventures, We Founder Circle ... & 150 others	66/100
5th	Cover Genius 2014, New York City (United States), Series F	Provider of a software suite for the insurance industry	$355M	King River, Spark Capital & 13 others	65/100
6th	Qover 2016, Brussels (Belgium), Series C	Software suite for the insurance industry	$100M	Anthemis Group, Alven & 12 others	63/100
7th	Sure 2013, San Diego (United States), Series C	Insurance as a service platform for insurance carriers and other businesses	$123M	Kinnevik, IA Capital Group & 25 others	62/100
8th	Open 2016, Sydney (Australia), Series B	AI-based software suite for the insurance industry	$53M	AirTree, Movac & 4 others	60/100
9th	Boost 2017, New York City (United States), Series B	Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance	$37M	RRE Ventures, Norwest & 14 others	60/100
10th	SureBright 2004, Toronto (Canada), Seed	Provider of an insurance-as-a-service platform	$3M	Plug and Play Tech Center, Panache Ventures ... & 8 others	59/100
19th	Element 2016, Berlin (Germany), Series C	Insurance as a service platform offering private property and casualty insurance	$139M	MS&AD Ventures, Mundi Ventures & 14 others	46/100