When was Elemential founded?

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

Where is Elemential located?

Elemential is headquartered in Mumbai, India. It is registered at 101/102 Ashiyna, Plot No 2316 11th Road, Santacruz East, Mumbai City, Mumbai, Maharashtra, India, 400055.

Who is the current CEO of Elemential?

Raunaq Vijay Vaisoha of Elemential. They are also an angel investors in 1 startup.

Which legal entities is Elemential associated with?

Elemential is associated with ELEMENTIAL LABS PRIVATE LIMITED.

How many employees does Elemential have?

As of Aug 31, 2026, the latest employee count at Elemential is 1.

Is Elemential a funded company?

Elemential is a funded company, having raised a total of $1.01M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 10, 2018.

How much is Elemential worth?

The latest valuation of Elemential is ₹***** as of Feb 12, 2020.

When was the latest funding round of Elemential?

Elemential's latest funding was a $***** Angel round on Feb 12, 2020, with participation from 1 investor. Its primary sector is Blockchain Infrastructure. Globally, the Blockchain Infrastructure sector has seen $2.24B in funding in 2026 to date.

What is the annual revenue of Elemential?

Annual revenue of Elemential is less than ₹10 Cr as on Mar 31, 2021

Where does Elemential rank among its competitors?

Elemential ranks 162nd amongst 527 active competitors, of which 119 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Digital Asset, which secured $365M in Jun, 2026.

Who are the top competitors of Elemential?

Elemential's top competitors include Consensys, Alchemy and IoTeX. Among them, Digital Asset secured the most recent funding round in June, 2026.

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

Company Details

Elemential is a blockchain-enabled application development platform. It offers third-party organizations with product solutions in Ethereum, smart contracts, and other blockchain solutions. It offers IDStack for enabling users to have log-in and control of the data, which is encrypted in packets on the blockchain.

Website: www.elemential.com/
Social
Registered Address: 101/102 Ashiyna, Plot No 2316 11th Road, Santacruz East, Mumbai City, Mumbai, Maharashtra, India, 400055

Key Metrics

Founded Year

2016

Location

Mumbai, India

Stage

Seed

Total Funding

$1.01M in 2 rounds

Latest Funding Round

Angel, Feb 12, 2020, $*****

Post Money Valuation

₹***** as on Feb 12, 2020

Investors

Z47 & 24 more

Ranked

162^nd among 527 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2021

Employee Count

1 as on Aug 31, 2026

Similar Companies

Consensys & 713 more

View Elemential's full profile

Elemential is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ELEMENTIAL LABS PRIVATE LIMITED CIN: U74999MH2016PTC287898 , India, Dissolved under section 59(8)	Nov 23, 2016	0 - ₹10 Cr (As on Mar 31, 2021)	-

Elemential has raised a total funding of $1.01M over 2 rounds. Its first funding round was on Apr 10, 2018. Its latest funding round was a Angel round on Feb 12, 2020 for $*****. 1 investor participated in its latest round. Elemential has 7 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Elemential:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 12, 2020	5408652	Angel	8418642	6023438	9812628	2442050
Apr 10, 2018	1074099	Seed	6251868	8595972	Z47	Digital Currency Group & 22 more

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View details of Elemential's funding rounds and investors

The founders of Elemential is Raunaq Vijay Vaisoha. Raunaq Vijay Vaisoha is the CEO of Elemential.

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

Raunaq Vijay Vaisoha: Co-Founder & CEO of Elemential and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Elemential's Board of Directors

Elemential's board has 2 active members. Raunaq Vijay Vaisoha and Sahil Ashok Kathpal are part of team.

Here is the list of Elemential's board of directors:

Name	Type	Representing	Status	Duration
Sahil Ashok Kathpal	Team	-	Current	9y 9m
gpomemg	Team	-	Past	3y 8m
xnuqvwj	Team	-	Past	6y 7m

View details of Elemential's Founder profiles and Board Members

Elemential's employee count trend

Elemential has 1 employees as of Aug 26. Here is Elemential's employee count trend over the years:

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Top competitors of Elemential include Consensys, Alchemy and IoTeX. Here is the list of Top 10 competitors of Elemential, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Consensys 2014, Fort Worth (United States), Series D	Developer of blockchain and web3 software platform	$725M	Marshall Wace, Temasek & 58 others	80/100
2nd	Alchemy 2013, San Francisco (United States), Series C	Provider of complete blockchain developer platform	$564M	Silver Lake, Addition & 37 others	78/100
3rd	IoTeX 2017, Tortola (United Kingdom), Series A	Developer of blockchain infrastructure for real world artificial intelligence	$50M	SNZ, Borderless Capital & 37 others	77/100
4th	Digital Asset 2014, New York City (United States), Series F	Provider of Canton Network, the public blockchain with institutional-grade privacy for tokenized real-world assets	$817M	Goldman Sachs, Salesforce Ventures & 51 others	72/100
5th	Sui Foundation 2022, Cayman Islands, Funding Raised	Developer of Layer 1 blockchain and smart contract development platform	-	DNA Capital, Bixin Ventures & 9 others	67/100
6th	Startale 2019, Singapore (Singapore), Series A	Developer of blockchain infrastructure and digital asset management software applications	$70M	Sony Network, SonyVentures.com & 10 others	63/100
7th	Spydra 2021, Austin (United States), Seed	API driven Decentralization-as-a-Service platform	$1.86M	Logx Venture Partners, Singularity AMC & 4 others	61/100
8th	Zilliqa 2017, Singapore (Singapore), Seed	Blockchain-based platform for NFT and Defi application development	-	NGC Ventures, FBG Capital & 38 others	60/100
9th	Galxe 2021, San Mateo (United States), Series A	Web3 credential data network	$10M	DRAGONFLY, Multicoin Capital & 28 others	60/100
10th	Lisk 2016, Zug (Switzerland), Funding Raised	Blockchain-based application development platform for entrepreneurs and developers	-	Monday Capital, Blockchain R&I & 6 others	60/100
162nd	Elemential 2016, Mumbai (India), Seed	Blockchain-enabled application development platforms	$1.01M	Lightspeed Venture Partners, 8i Ventures ... & 23 others	29/100

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Founders (largest shareholder) own 60.82%, Funds own 16.43%, Enterprises own 1.47% and Angels own 5.74%. The net worth of Elemential's founders is INR 15.9Cr as of Feb 12, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	60.82%	15.9Cr	1728289	3297917	1521308	9165686
Raunaq Vijay Vaisoha	3703697	3134430	4216926	8305113	6743484	5854208
Fund	16.43%	4.29Cr	9877735	6066839	2668798	4568467
Digital Currency Group	1	7	6	8	4	4
Enterprise	1.47%	38.4L	6	8	6	1
Angel	5.74%	1.51Cr	21947	41483	29620	54052
Rohan Angrish	0	0	0	0	0	0
ESOP Pool	15.48%	4.04Cr	7382745	2488674	3634965	2946611
Total	99.94%	26.1Cr	4511390	1662516	5271173	1479280