About Elementary
Elementary is a company based in Pasadena (United States) founded in 2017 by Bill Gross and Arye Barnehama.. Elementary has raised $47.5 million across 5 funding rounds from investors including Rockwell Automation, Toyota Ventures and Tiger Global. The company has 37 employees as of December 31, 2023. Elementary offers products and services including Machine Vision System, QA Platform, and Security Solutions. Elementary operates in a competitive market with competitors including Gecko Robotics, Cogniac, LANDING AI, Inspekto and Jidoka, among others.
- Headquarter Pasadena, United States
- Employees 37 as on 31 Dec, 2023
- Founders Bill Gross, Arye Barnehama
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Sectors
TechnologyIndustrial Goods & Manufacturing
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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 Elementary Robotics Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$47.5 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Rockwell Automation
& 9 more
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Employee Count
37
as on Dec 31, 2023
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Products & Services of Elementary
Elementary offers a comprehensive portfolio of products and services, including Machine Vision System, QA Platform, and Security Solutions. 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.
Automates visual inspection for defect detection in manufacturing.
Enables rapid issue resolution and traceability in production lines.
Provides secure AI training and compliance for manufacturing data.
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Funding Insights of Elementary
Elementary has successfully raised a total of $47.5M across 5 strategic funding rounds. 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 Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(01 Oct 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series B - Elementary | Valuation |
investors |
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| Dec, 2021 | Amount | Series B - Elementary | Valuation | Tiger Global Management | |
| Jun, 2020 | Amount | Series A - Elementary | Valuation | Threshold |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elementary
Elementary has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Rockwell Automation, Toyota Ventures and Tiger Global. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm and infrastructure firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Investments are made by Riot in early-stage hardware tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elementary
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elementary
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elementary Comparisons
Competitors of Elementary
Elementary 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 Gecko Robotics, Cogniac, LANDING AI, Inspekto and Jidoka, 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 |
Wall-climbing robots are developed for boiler inspections at power plants.
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| domain | founded_year | HQ Location |
AI-based platform is utilized for managing visual operations in businesses.
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| domain | founded_year | HQ Location |
AI-based platform for identifying defects
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| domain | founded_year | HQ Location |
Autonomous machine vision systems for quality inspection are provided.
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| domain | founded_year | HQ Location |
Autonomous AI vision solutions are provided for inspection and optimization.
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| domain | founded_year | HQ Location |
AI-based inspection systems for manufacturing defects are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elementary
Frequently Asked Questions about Elementary
When was Elementary founded?
Elementary was founded in 2017.
Where is Elementary located?
Elementary is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.
Who is the current CEO of Elementary?
Arye Barnehama is the current CEO of Elementary. They have also founded this company.
Is Elementary a funded company?
Elementary is a funded company, having raised a total of $47.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $12.7M, raised on Oct 01, 2017.
How many employees does Elementary have?
As of Dec 31, 2023, the latest employee count at Elementary is 37.
What does Elementary do?
Provider of AI and cloud-based visual inspection robotic solutions. Its product portfolio includes visual robots and camera accessories. It enables users to detect, develop, and recognize objects. It uses deep learning technology to analyze objects. It caters to medical, electronic, automobile, and logistic industries.
Who are the top competitors of Elementary?
Elementary's top competitors include Gecko Robotics, Jidoka and Headwall Photonics.
What products or services does Elementary offer?
Elementary offers Machine Vision System, QA Platform, and Security Solutions.
Who are Elementary's investors?
Elementary has 10 investors. Key investors include Rockwell Automation, Toyota Ventures, Tiger Global, Riot Ventures, and Fathom Capital.
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