Elementsuite

Watford, United Kingdom Founded: 1999 • Age: 27 yrs Acquired By Zellis
Cloud-based HR management solutions are offered for enterprises.
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About Elementsuite

Elementsuite is a company based in Watford (United Kingdom) founded in 1999 was acquired by Zellis in January 2025.. Elementsuite has raised $4.87 million across 3 funding rounds from investors including Zellis and AdviserPlus. The company has 32 employees as of October 31, 2021. Elementsuite offers products and services including All-in-one HR Software, Workforce Management, Integrated Payroll, and AI for HR. Elementsuite operates in a competitive market with competitors including Workday, Kronos, Darwinbox, Sage Group and People Strong, among others.

  • Headquarter Watford, United Kingdom
  • Employees 32 as on 31 Oct, 2021
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Elementsuite Limited
  • Date of Incorporation 11 Aug, 2017
  • Jurisdiction WATFORD, HERTFORDSHIRE, UNITED KINGDOM
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.87 M (USD)

    in 3 rounds

  • Latest Funding Round
    $665.61 K (USD), Unspecified

    Apr 28, 2021

  • Investors
    Zellis

    & 1 more

  • Employee Count
    32

    as on Oct 31, 2021

  • Acquired by
    Zellis

    (Jan 10, 2025)

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Products & Services of Elementsuite

Elementsuite offers a comprehensive portfolio of products and services, including All-in-one HR Software, Workforce Management, Integrated Payroll, and AI for HR. 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 HR processes including recruitment and analytics.

Tools for staff scheduling and performance tracking.

System for payroll, forecasting, and financial planning.

AI-driven features for employee engagement and insights.

People of Elementsuite
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Jenny Tollman
Head of Finance
People
Leigh Joynson
Head of Product
People
Steve Elcock
CEO
People
Ian Thompson
Head Of Software Development (o&t)

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Funding Insights of Elementsuite

Elementsuite has successfully raised a total of $4.87M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $665.61 thousand completed in April 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.

  • Total Funding
  • Total Rounds 3
  • Last Round Unspecified — $665,609
  • First Round

    (14 Sep 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Unspecified - Elementsuite Valuation

investors

Aug, 2019 Amount Unspecified - Elementsuite Valuation

investors

Sep, 2018 Amount Unspecified - Elementsuite Valuation AdviserPlus
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 Elementsuite

Elementsuite has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Zellis and AdviserPlus. 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
HR software and advisory services are provided by AdviserPlus.
Founded Year Domain Location
Cloud-based HRMS platform for payroll and talent management is offered.
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 Elementsuite

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 - Elementsuite

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

Elementsuite Comparisons

Employees
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Competitors of Elementsuite

Elementsuite 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 Workday, Kronos, Darwinbox, Sage Group and People Strong, 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
Cloud-based HR and financial software is delivered to enterprises.
domain founded_year HQ Location
HCM software solutions for enterprise workforce management are provided.
domain founded_year HQ Location
Human capital management platform is provided for HR process automation.
domain founded_year HQ Location
Cloud-based accounting and payroll solutions for small and medium businesses
domain founded_year HQ Location
Cloud-based human resource management software is offered.
domain founded_year HQ Location
Cloud-based payroll and HR solutions are provided for businesses.
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 Elementsuite

Frequently Asked Questions about Elementsuite

When was Elementsuite founded?

Elementsuite was founded in 1999 and raised its 1st funding round 19 years after it was founded.

Where is Elementsuite located?

Elementsuite is headquartered in Watford, United Kingdom. It is registered at Watford, Hertfordshire, United Kingdom.

Is Elementsuite a funded company?

Elementsuite is a funded company, having raised a total of $4.87M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $2.75M, raised on Sep 14, 2018.

How many employees does Elementsuite have?

As of Oct 31, 2021, the latest employee count at Elementsuite is 32.

What does Elementsuite do?

Elementsuite was founded in 1999 and is headquartered in Watford, United Kingdom. A cloud-based platform for HR and workforce management is provided to enterprises, allowing selection of modules such as personnel records, recruitment, payroll, performance tracking, feedback, reporting, training, leaves, absences, and scheduling. Operations focus on modular customization to support various HR functions across organizations.

Who are the top competitors of Elementsuite?

Elementsuite's top competitors include Workday, SuccessFactors and Sage Group.

What products or services does Elementsuite offer?

Elementsuite offers All-in-one HR Software, Workforce Management, Integrated Payroll, and AI for HR.

Who are Elementsuite's investors?

Elementsuite has 2 investors. Key investors include Zellis, and AdviserPlus.

What is Elementsuite's valuation?

The valuation of Elementsuite is $12.34M as of Apr 2021.

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