Elemental Software

Belfast, United Kingdom Founded: 2015 • Age: 11 yrs Acquired By Servelec
A cloud-based solution for digital prescriptions is provided.
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About Elemental Software

Elemental Software is a company based in Belfast (United Kingdom) founded in 2015 by Leeann Monk and Jennifer Neff was acquired by Servelec in August 2021.. Elemental Software has raised $318.51 thousand across 1 funding round from investors including Servelec and ClearlySo. The company has 28 employees as of December 31, 2024. Elemental Software offers products and services including Access Elemental and Access Evo. Elemental Software operates in a competitive market with competitors including iScribe, DoseSpot, AssistRx, MedRunner Health Solutions and Prematics, among others.

  • Headquarter Belfast, United Kingdom
  • Employees 28 as on 31 Dec, 2024
  • Founders Leeann Monk, Jennifer Neff
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Access Technology Group Limited
  • Date of Incorporation 27 Sep, 2005
  • Jurisdiction LOUGHBOROUGH, ENGLAND
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $318.51 K (USD)

    in 1 rounds

  • Latest Funding Round
    $318.51 K (USD), Seed

    Jun 19, 2017

  • Investors
    Servelec

    & 1 more

  • Employee Count
    28

    as on Dec 31, 2024

  • Acquired by
    Servelec

    (Aug 11, 2021)

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Products & Services of Elemental Software

Elemental Software offers a comprehensive portfolio of products and services, including Access Elemental and Access Evo. 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

Platform for managing patient referrals in healthcare systems.

Suite for business management across various industries.

Funding Insights of Elemental Software

Elemental Software has successfully raised a total of $318.51K through 1 strategic funding round. The most recent funding activity was a Seed round of $318.51 thousand completed in June 2017. 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
  • Total Rounds 1
  • Last Round Seed — $318,513
  • First Round

    (19 Jun 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Seed - Elemental Software Valuation

investors

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 Elemental Software

Elemental Software has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Servelec and ClearlySo. 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
Institutional
Investor Description Founded Year Domain Location
Investment banking firm
Founded Year Domain Location
Digital health solutions for patient engagement are provided.
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 Elemental Software

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 - Elemental Software

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

Elemental Software Comparisons

Employees
+
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Competitors of Elemental Software

Elemental Software 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 iScribe, DoseSpot, AssistRx, MedRunner Health Solutions and Prematics, 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
Mobile, handheld, wireless electronic prescribing technology was developed for healthcare.
domain founded_year HQ Location
E-prescribing integration services are offered for healthcare platforms.
domain founded_year HQ Location
Patient-focused software solution for prescribing specialty medications
domain founded_year HQ Location
An ePrescription platform connects physicians directly to pharmacists.
domain founded_year HQ Location
Mobile based medication management and e-prescribe platform for health care providers
domain founded_year HQ Location
Electronic prescription platform is provided for healthcare providers.
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.

Latest news on Elemental Software

Frequently Asked Questions about Elemental Software

When was Elemental Software founded?

Elemental Software was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Elemental Software located?

Elemental Software is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.

Who is the current CEO of Elemental Software?

Leeann Monk is the current CEO of Elemental Software. They have also founded this company.

Is Elemental Software a funded company?

Elemental Software is a funded company, having raised a total of $318.51K across 1 funding round to date. The company's 1st funding round was a Seed of $318.51K, raised on Jun 19, 2017.

How many employees does Elemental Software have?

As of Dec 31, 2024, the latest employee count at Elemental Software is 28.

What does Elemental Software do?

Elemental Software was founded in 2015 in Belfast, United Kingdom. Operations focus on the healthcare technology sector, where a cloud-based platform for digital prescriptions is developed and maintained. Services enable secure electronic prescribing for medical professionals and patients. The company is led by co-founders Leeann Monk and Jennifer Neff, who serve as co-CEOs. Accessibility is ensured through the domain elementalsoftware.co.

Who are the top competitors of Elemental Software?

Elemental Software's top competitors include AssistRx, DoseSpot and iScribe.

What products or services does Elemental Software offer?

Elemental Software offers Access Elemental and Access Evo.

Who are Elemental Software's investors?

Elemental Software has 2 investors. Key investors include Servelec, and ClearlySo.

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