About Element
Element is a company based in London (United Kingdom) founded in 2016 by Matthew Hodgson. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Element has raised $48.1 million across 4 funding rounds from investors including Automattic, Protocol Labs and Dawn Capital. Element has completed 1 acquisition, including Gitter. Element offers products and services including Element App and Element Server Suite. Element operates in a competitive market with competitors including Slack, Mask Network, Critical Path, Blink and JANDI, among others.
- Headquarter London, United Kingdom
- Founders Matthew Hodgson
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Sectors
TechnologyTelecommunications
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Email
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Phone
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Website
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Social
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- Legal Name New Vector Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$48.1 M (USD)
in 4 rounds
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Latest Funding Round
$30 M (USD), Series B
Jul 19, 2021
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Investors
Automattic
& 6 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Element
Element offers a comprehensive portfolio of products and services, including Element App and Element Server Suite.
Secure messaging app for personal and professional use.
Enterprise-grade server solution for secure communication networks.
People of Element
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Funding Insights of Element
Element has successfully raised a total of $48.1M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in July 2021. 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.
Investors in Element
Element has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Automattic, Protocol Labs and Dawn Capital.
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Metaplanet is recognized as an evergreen investment firm focused on deep tech.
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Venture capital investment in European business software companies, focusing on early-stage opportunities in London.
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Dawn Capital is focused on investing in European software startups.
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Investor details for Element
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Investments & Acquisitions by Element
Element has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Gitter.
Investment portfolio details for Element
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Developer collaboration is enabled through chat rooms and GitHub integrations.
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Complete acquisition details for Element
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Financial Statements - Element
Detailed financials for Element
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Element Comparisons
Peer comparison for Element
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Competitors of Element
Element 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 Slack, Mask Network, Critical Path, Blink and JANDI, among others.
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Cloud-based team communication and collaboration platform is provided.
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Provider of encrypted messaging applications
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Spam-blocking, virus protection, and secure messaging services are provided.
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Front-line workers are empowered and protected through a cloud-based platform.
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Enterprise team collaboration is facilitated via cloud-based messaging platform.
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Cloud based task management platform for file sharing
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Detailed competitors of Element
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Latest news on Element
Complete news archive for Element
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Element
Element was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Element is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Matthew Hodgson is the current CEO of Element. They have also founded this company.
Element is a funded company, having raised a total of $48.1M across 4 funding rounds to date.
Element is recognized for offering secure, sovereign, and interoperable communication solutions built on the Matrix open standard. Services are provided to government, public institutions, and enterprises with a focus on data sovereignty and independence from proprietary platforms. End-to-end encrypted messaging and collaboration tools are developed to protect against digital threats and ensure compliance with public sector requirements. Solutions are tailored for air-gapped environments and cross-organizational connectivity, supporting both personal and professional use cases across multiple sectors.
Element's top competitors include Slack, Mask Network and Blink.
Element offers Element App and Element Server Suite.
Element has made 1 acquisition, including Gitter.
Element has 7 investors. Key investors include Automattic, Protocol Labs, Dawn Capital, Status, and Metaplanet.