About Elias
Elias is a company based in Stockholm (Sweden) founded in 2013 by Kristofer Eng and Philip Bennefall.. Elias has raised $5.5 million across 2 funding rounds from investors including GP Bullhound, Wellstreet and Andreas Kleerup. Elias offers products and services including Elias 4, Elias 3, and Instruments. Elias operates in a competitive market with competitors including Audiokinetic, Impulsonic, Voysis, Superpowered and AudioGaming, among others.
- Headquarter Stockholm, Sweden
- Founders Kristofer Eng, Philip Bennefall
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Sectors
Media & Entertainment
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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 Elias Software Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.5 M (USD)
in 2 rounds
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Latest Funding Round
$4.25 M (USD), Series A
Dec 07, 2020
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Investors
GP Bullhound
& 2 more
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Employee Count
Employee Count
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Products & Services of Elias
Elias offers a comprehensive portfolio of products and services, including Elias 4, Elias 3, and Instruments. 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.
Software for visual scripting and adaptive music in games.
Tool for smooth music transitions and game audio handling.
Services for sound design and music production in games.
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Leadership Team
1 people
CTO Team
1 people
Product Management Team
1 people
Human Resources and Administration
1 people
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Funding Insights of Elias
Elias has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.25 million completed in December 2020. 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 2
- Last Round Series A — $4.3M
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First Round
First Round
(21 Mar 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Series A - Elias | Valuation | GP Bullhound |
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| Mar, 2017 | Amount | Seed - Elias | Valuation | Wellstreet , Andreas Kleerup |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Elias
Elias has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include GP Bullhound, Wellstreet and Andreas Kleerup. 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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M&A and strategic advisory firm
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Founded Year | Domain | Location | |
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Wellstreet is engaged in early stage investments in Nordic tech startups.
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Founded Year | Domain | Location | |
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AK
Andreas Kleerup |
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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 Elias
| 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 - Elias
| 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 |
Elias Comparisons
Competitors of Elias
Elias 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 Audiokinetic, Impulsonic, Voysis, Superpowered and AudioGaming, 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 |
Interactive audio middleware is provided for game development processes.
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| domain | founded_year | HQ Location |
Audio tools and simulation software for sound design are developed.
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| domain | founded_year | HQ Location |
Speech-based NLP platforms are offered to developers for integration.
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| domain | founded_year | HQ Location |
Cross-platform audio SDK is provided for mobile games and wearables.
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| domain | founded_year | HQ Location |
Audio tools are developed for sound designers and game developers.
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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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Frequently Asked Questions about Elias
When was Elias founded?
Elias was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Elias located?
Elias is headquartered in Stockholm, Sweden.
Is Elias a funded company?
Elias is a funded company, having raised a total of $5.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Mar 21, 2017.
What does Elias do?
Elias Software AB is a provider of music audio solution for the gaming industry. Services provide by the company are adaptive music composition, unity and UE4 plugin integration, in-game music implementation, technical support packages, etc. For creating the soundtrack, tools offered by the company include Elias Studio, Elias Sampler for DAWs, sound libraries, soundtracks, etc. Also, the company has specialized in developing games. Featured games include Mutant Year Zero: Road To Eden, A Way Out Armed Heist.
Who are the top competitors of Elias?
Elias's top competitors include Audiokinetic, Impulsonic and AudioGaming.
What products or services does Elias offer?
Elias offers Elias 4, Elias 3, and Instruments.
Who are Elias's investors?
Elias has 3 investors. Key investors include GP Bullhound, Wellstreet, and Andreas Kleerup.
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