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Elementus
Universal blockchain search engine
- 21-100 employees
- Fintech
- B2B
- Cryptocurrency
- Enterprise
- SaaS
- Blockchain
- Financial District, New York, NY
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Company mission
To bring more transparency to the blockchain ecosystem, while building trust and accountability across the crypto markets in the process.
Our take
Blockchain is sparking the next wave of innovation through the transmission of value, but it remains extremely difficult to use and analyze. This has led to numerous issues, such as proliferation of scams and hacks, lack of information on investment opportunities, and even potential for serious crimes like money laundering. As a result, for many consumers the industry is seen as too risky to enter, holding back the blockchain's potential.
Elementus wants to fix this. In a nutshell, it has created the first universal blockchain search engine and institutional-grade crypto forensic solution, aimed at making the blockchain easier to navigate.
The company operates within both the public and private sectors. In the public sector, its aim is to help the government "catch bad guys" - perpetrators of ransomware, human traffickers, and cybercriminals. In the private sector, it works with financial institutions at risk of regulatory or reputational risks should they, for example, accept laundered money or work with sanctioned entities.
Following a very strong year for Elementus in 2022 - in which it tripled its valuation from $52M to $160M and doubled its team - the company is well set further its dominating position in the market.
Steph
Company Specialist at Welcome to the Jungle
Funding (last 2 of 7 rounds)
Feb 2023
$10m
SERIES A
Jun 2022
$9.9m
SERIES A
Total funding: $45m
This company has top investors
Leadership
Max Galka
(Co-Founder and CEO)Also the founder of FOIA Mapper and ex-lecturer in data science at the University of Pennsylvania.