About E5 AI
E5 AI is a Technology company based in San Jose (United States) founded in 2019 by Joe Randesi, Bhavani Raman, Eric Gordon, and Murali Vivekanandan. Workflow automation is enabled via a cloud-based platform. E5 AI has raised $47.5 million across 3 funding rounds from investors including Insight Partners and Maxwell Investment Partners. The company has 165 employees. Its chief executive, as recorded, is Joe Randesi. Its Indian entity Ele5 Solutions Private Limited reported revenue of ₹20.46 Cr. E5 AI offers products and services including Neos, Eligibility Verification, Authorization Processing, and Revenue Cycle Management. Its focus areas include Enterprise Applications, Business Process Management Software, Workflow Automation and Digital Transaction Management.
Company details
E5 AI was founded in 2019 in San Jose, United States. A cloud-based platform is operated to automate workflows in sectors like CRM, quality management, supply chain, claim processing, and revenue monitoring. Bots are provided for task scheduling and performance measurement. Tools are offered for developing virtual assistants. Operations focus on process efficiency in technology-driven industries.
- Headquarters San Jose, United States
- Employees 165
- Founders Joe Randesi, Bhavani Raman, Eric Gordon, Murali Vivekanandan
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website e5.ai
- Social LinkedIn X
- Legal Name Ele5 Solutions Private Limited
- Date of Incorporation 18 Sep, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹20.46 Cr
FY 2024 · +25% YoY
- Indian entity net profit₹1.38 Cr
FY 2024 · 7% margin
- Indian entity EBITDA₹2.48 Cr
FY 2024 · 12% margin
- Total Equity Funding$47.5M (USD)
in 3 rounds
- Latest Funding Round$30M (USD), Series B
May 2022
- InvestorsInsight Partners
& 1 more
- Employee Count165
Associated legal entities of E5 AI
E5 AI operates through Ele5 Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ele5 Solutions Private Limited CIN U72900TN2019FTC131650 | Active | 18 Sep 2019 | Chennai, Tamil Nadu | ₹20.5 Cr | 165 | 3 | View details |
Products & Services of E5 AI
E5 AI offers a comprehensive portfolio of products and services, including Neos, Eligibility Verification, Authorization Processing, and Revenue Cycle Management.
Deploys AI agents for patient financial journey automation.
Automates verification at care start for efficiency.
Accelerates processing via connected networks.
Automates billing and denials for cash flow optimization.
Funding Insights of E5 AI
E5 AI has successfully raised a total of $47.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $47.5M
- Total Rounds 3
- Last Round Series B — $30M
- First Round $2.5M
(Jun 2020)
- Investors Count 2
All 3 funding rounds of E5 AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $30M | Series B | – | Insight Partners | – |
| Aug 2021 | $15M | Series A | – | Insight Partners | |
| Jun 2020 | $2.5M | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in E5 AI
E5 AI has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Insight Partners and Maxwell Investment Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
| maxwellinvestmentpartners.tcc.mode |
Investor details for E5 AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Ele5 Solutions Private Limited (E5 AI)
Ele5 Solutions Private Limited is the primary company behind E5 AI. The board of Ele5 Solutions Private Limited currently have 3 directors; the longest-serving is Murali Vivekanandan, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murali Vivekanandan DIN 02114870 | Director | 18 Sep 2019 | 7 yrs 1 mo | Ele5 Solutions Private Limited |
| Bhavani Kattavur Raman DIN 01961532 | Director | 18 Sep 2019 | 7 yrs 1 mo | Ele5 Solutions Private Limited |
| Krishnaswamy Natarajan Ganesh DIN 10330411 | Director | 30 Sep 2023 | 3 yrs | Ele5 Solutions Private Limited |
People of E5 AI
30 people are tracked at E5 AI (9 in leadership, 21 in team); the tracked headcount is 165.
| Name | Role | Group |
|---|---|---|
Joe Randesi | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership | |
Eric Gordon | Co-Founder | Leadership |
| Co-Founder & CTO | Leadership | |
Evelyn Keegan-Wright | Head of Product | Leadership |
Nate Lipps | Head of Sales Strategy & Operations | Leadership |
Ginger Voss | Head of Strategic Engagement | Leadership |
Richard Lewis | National Director - Senior Living | Leadership |
Urmila P | Head Of Human Resources | Leadership |
Guhhan Boovaragan | Senior Executive- Talent Acquisition | Team |
Akilan T K | Senior Test Engineer | Team |
Alexis Arthrell | Manager Of Product | Team |
Mohamed Aadil Khizer | Quality Analyst | Team |
Ranjit Thiyagarajan | Product Owner | Team |
Thabasum J | Product Owner | Team |
Kumaragurubaran M B | Senior Quality Analyst | Team |
S.ajith Raja | Product Owner | Team |
Priya Ramasamy | Senior Executive Human Resources | Team |
Leschele Labdar | Customer Success Manager | Team |
Paul O'Donnell | Channel Manager | Team |
10 more people are available in the full profile.
Complete people profiles for E5 AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of E5 AI
Figures of Ele5 Solutions Private Limited, the primary company behind E5 AI, for FY 2024. Revenue was ₹20.46 Cr (+25% year on year). Net profit was ₹1.38 Cr (7% margin). EBITDA was ₹2.48 Cr (12% margin). Revenue has grown at a compounded annual rate of +135% over three years.
- ₹20.46 CrRevenue · FY 2024 · +25% YoY
- ₹1.38 CrNet profit · 7% margin
- ₹2.48 CrEBITDA · 12% margin
- ₹1 LakhPaid-up capital
- 165Employees (provident fund records)
- +135%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ele5 Solutions Private Limited are on its company page.
Detailed financial statements for E5 AI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of E5 AI
3 dated milestones of E5 AI across 3 years, from founding to its latest funding, stage changes and deals.
- Founded E5 AI is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series B, of $30.0M.
Web traffic of E5 AI
The website of E5 AI (e5.ai) receives about 5.9K visits a month.
- Monthly visits5.9K
▲ 76.3% vs previous month
Websites whose visitors overlap most with E5 AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| elementfive.co | 100% | 9.6K | #2,406,707 | View details |
Top companies in Agentic AI Applications
3 companies that operate in the same segment as E5 AI (Agentic AI Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based voice transcription for meetings is provided via cloud software. | 2016 | Los Altos, California, United States | USD 390 M | |||
AI-powered text data analytics platform is provided for enterprises. | 2012 | San Jose, California, United States | USD 674 M | USD 16.67 M | 1,780 | |
AI-based speech transcription software is provided using deep learning models. | 2015 | San Francisco, California, United States | USD 229.09 M | 381 |
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Related news about E5 Ai
Complete news archive for E5 AI
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Frequently Asked Questions about E5 AI
E5 AI was founded in 2019 and raised its 1st funding round 1 year after it was founded.
E5 AI is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Joe Randesi is the CEO of E5 AI, as recorded in our data. They have also founded this company.
E5 AI is a funded company, having raised a total of $47.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Jun 2020.
E5 AI has 165 employees.
The primary company behind E5 AI, Ele5 Solutions Private Limited, reported revenue of ₹20.46 Cr for FY 2024, up 25% year on year.
E5 AI was founded in 2019 in San Jose, United States. A cloud-based platform is operated to automate workflows in sectors like CRM, quality management, supply chain, claim processing, and revenue monitoring. Bots are provided for task scheduling and performance measurement. Tools are offered for developing virtual assistants. Operations focus on process efficiency in technology-driven industries.
E5 AI offers Neos, Eligibility Verification, Authorization Processing, and Revenue Cycle Management.
E5 AI has 2 investors. Key investors include Insight Partners, and Maxwell Investment Partners.
E5 AI operates through Ele5 Solutions Private Limited.
The legal entities of E5 AI currently have 3 directors, including Murali Vivekanandan, Krishnaswamy Natarajan Ganesh, Bhavani Kattavur Raman.