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Element Analytics
Integrating & contextualizing industrial data
- 21-100 employees
- B2B
- Big data
- Analytics
- Internet of Things
- SaaS
- Produce and Waterfront, Oakland, CA
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Company mission
Element's mission is to deliver software that enables industrial enterprises to more efficiently unify their diverse sources of industrial data.
Our take
Businesses are becoming increasingly digitized and automated, which has enormous potential for increased productivity and efficacy. Element Analytics is driving digital transformation among industrial enterprises.
Element Analytics provides data management tools for industrial companies, allowing them to extract more value from their data. Although internet of things (IOT) tools are nothing new, Element sets itself apart by offering businesses greater connectivity across all of their operations. Element's solutions help businesses to increase productivity, reduce waste and cut costs at scale. As such, the company now boasts the likes of AGL and Cargill as customers.
Industrial automation and data analytics is becoming increasingly popular as pressure on industrial enterprises continues to mount. Although this field is increasingly competitive, it is large enough to support a variety of providers, and Element Analytics' impressive customer base and funding success are strong indicators of the company's scalability.
Freddie
Company Specialist at Welcome to the Jungle
Company values
- People-Centric Experiences: We design and build technology that puts people first. It molds to their needs and behavior, and enables them through intuitive user experiences to do what they do best, faster.
- Simplicity: We seek to understand complexity and simplify it. We value simplicity because it's easily understood and helps people focus on what’s most important.
- Humility: We listen, we learn, and we enjoy building things with smart people who are made better by working as a team.
- Honest Growth: We focused on growth without shortcuts. We're honest with ourselves and the people we work with; honest growth is the only kind of real, sustainable growth.
- Experiential Diversity: We respect, value, and seek out each other’s diverse perspectives. An encouraging, diverse environment brings out the best in everyone and surfaces new ideas and opportunities. Together, we arrive at the optimal solution.
- A Scientific Approach: We apply the scientific method to problem-solving. We hypothesize and test assumptions, continuously and rapidly iterate based on results. Testing before building allows us to make better decisions and create the most impactful solutions.
Funding (last 2 of 5 rounds)
Mar 2022
$13.2m
LATE VC
Jun 2020
$18m
SERIES B
Total funding: $53.2m
This company has top investors
Leadership
David Mount
(Board Member)A former Bain Associate who has sat on the board of companies including OSIsoft, Kespry and Nikola Labs. Is an Adjunct Professor at Stanford.