Element AI

artificial intelligence/machine learning

FOUNDING YEAR: 2016
LOCATION: Canada
Last Update: 01/05/2020

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About

Element AI provides an online platform that helps organizations identify opportunities to use artificial intelligence (AI) and machine learning in ways that impact their business. It launches and incubates AI solutions in partnership with large corporations.

Focus

PRODUCTS & SERVICES

AI solutions provider and incubator. It helps startups to grow in AI field.

MAIN CLIENTS

Startups

Businesses

COMMENT

It is pioneering an AI-based first world by turning the AI research into transformative business applications.

Traction

VALUATION / MARKET CAP:

$680 M in 2017

TRACTION COMMENT:

In Feb 2017, the company has acquired machine learning database company. It is no longer providing tech services.

People

FOUNDERS

Yoshua Bengio

NUMBER OF EMPLOYEES

201-500

INVESTORS:

500 Startups Canada

Business Development Bank of Canada

Data Collective

Hanwha Investment Corp

Intel Capital

Microsoft Ventures

National Bank of Canada

NVIDIA

Real Ventures

KEY EMPLOYEES:

Jean-Francois Gagné(CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$102 M

DATE OF LAST FUNDING

Jun 2017

FUNDING SERIES

SERIES A  · $102 M  · Jun 2017

LISTED

NO

COMMENT

An undisclosed venture fund raised in Dec 2016.

BASICS

FOUNDING YEAR:

2016

LOCATION:

Canada

Views:

71 VISITORS | 103 VIEWS
LATEST FUNDING ROUND

$102 M

TOTAL EMPLOYEES
201-500

About

Element AI provides an online platform that helps organizations identify opportunities to use artificial intelligence (AI) and machine learning in ways that impact their business. It launches and incubates AI solutions in partnership with large corporations.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Traction+
People+
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