Elai.io

Burnaby, Canada Founded: 2020 • Age: 6 yrs Acquired By Panopto
Videos from text are generated via AI-powered SaaS platform.
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About Elai.io

Elai.io is a company based in Burnaby (Canada) founded in 2020 by Aleksandr Uspenskyi and Vitalii Romanchenko was acquired by Panopto in October 2024.. Elai.io offers products and services including AI Video Generator, Voice Cloning, and AI Storyboard. Elai.io operates in a competitive market with competitors including Synthesia, HeyGen, Pika Labs, Unscript and Kapwing, among others.

  • Headquarter Burnaby, Canada
  • Founders Aleksandr Uspenskyi, Vitalii Romanchenko
  • Sectors
    Technology
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Elai Inc.
Operational Areas
Technology → Digital Content Creation
Media & Entertainment → Film, Television & Streaming
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Panopto

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Panopto

    (Oct 23, 2024)

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Products & Services of Elai.io

Elai.io offers a comprehensive portfolio of products and services, including AI Video Generator, Voice Cloning, and AI Storyboard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Converts text to videos with AI avatars for training content.

Clones voices in multiple languages for video narration.

Transforms scripts into structured video outlines quickly.

People of Elai.io
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Daria Globchak
Digital Marketing Manager
People
Maryna Dereviaga
Lead Generation Team Leader

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Teams

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Funding Insights of Elai.io

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2024 Amount Seed - Elai.io Valuation Erhas
Jun, 2022 Amount Seed - Elai.io Valuation Startup Wise Guys
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Elai.io

Elai.io has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Panopto, Startup Wise Guys and Erhas. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and startup accelerator focused on B2B and SaaS companies
Founded Year Domain Location
Provider of promotional and branded products
Founded Year Domain Location
Cloud-based video conferencing management software provider
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Elai.io

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Elai.io

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Elai.Io Comparisons

Employees
+
Add Comparison
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Competitors of Elai.io

Elai.io operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synthesia, HeyGen, Pika Labs, Unscript and Kapwing, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based dubbing and subtitling solutions are provided for video content.
domain founded_year HQ Location
AI-powered video creation platform
domain founded_year HQ Location
Developer of a platform for creating and interacting with digital art
domain founded_year HQ Location
Videos are generated from scripts via AI algorithms.
domain founded_year HQ Location
Video creation and editing platform
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Elai.io

When was Elai.io founded?

Elai.io was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Elai.io located?

Elai.io is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.

What does Elai.io do?

Elai.io was established in 2020 in Burnaby, Canada, as an AI and SaaS platform focused on text-to-video creation within the digital media sector. Videos are produced by selecting avatars, integrating speech-to-text elements, incorporating backgrounds, and rendering outputs. Operations support streamlined video generation for users seeking efficient content production tools.

Who are the top competitors of Elai.io?

Elai.io's top competitors include Synthesia, HeyGen and Unscript.

What products or services does Elai.io offer?

Elai.io offers AI Video Generator, Voice Cloning, and AI Storyboard.

Who are Elai.io's investors?

Elai.io has 3 investors. Key investors include Panopto, Startup Wise Guys, and Erhas.

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