Elph

San Francisco, United States Founded: 2018 • Age: 8 yrs Acquired By Brex
Blockchain tools and infrastructure for dApps are developed and provided.
Annual revenue - Latest available
Total funding $1.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Elph

Elph is a company based in San Francisco (United States) founded in 2018 by Ritik Malhotra was acquired by Brex in March 2019. Elph has raised $1.03 million across 2 funding rounds from investors including Brex, Y Combinator and The House Fund. Elph offers products and services including Corporate Cards, Expense Management, Bill Pay, Banking and Treasury, and Accounting Automation. Elph operates in a competitive market with competitors including Centbee, Ethos.io, Bitski, Lit Protocol and Cosmostation, among others.

  • Headquarter San Francisco, United States
  • Founders Ritik Malhotra
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Brex Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.03 M (USD)

    in 2 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Jun 01, 2019

  • Investors
    Brex

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Brex

    (Mar 25, 2019)

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Products & Services of Elph

Elph offers a comprehensive portfolio of products and services, including Corporate Cards, Expense Management, Bill Pay, Banking and Treasury, and Accounting Automation.

Product name locked
Category locked
Primary

Cards for controlled global business spending and budget enforcement

Product name locked
Category locked
Locked

AI system for automating expense reports and approvals

Product name locked
Category locked
Locked

Platform for invoice entry and vendor payment processing

Product name locked
Category locked
Locked

Account for cash management and earning yields

Product name locked
Category locked
Locked

Software for GL coding and accrual booking

People of Elph

Headcount 500-1000
Employee Profiles 171
Board Members and Advisors 3
Employee Profiles
People
Myron Matthews
Business Development Manager
People
Jason Guenette
Account Executive
People
Tomás Soracco
Product Manager
People
Arthur Levy
Chief Strategy Officer

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Board Members and Advisors
people
Thasunda Brown Duckett
Director
people
Karandeep Anand
Advisor
people
Michael B. Tannenbaum
Board Member

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Funding Insights of Elph

Elph has successfully raised a total of $1.03M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in June 2019. 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 Elph

Elph has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Brex, Y Combinator and The House Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
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A venture capital fund is operated for Berkeley startups.
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SaaS-driven credit card and spend management solutions platform for businesses
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Investor details for Elph

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Elph

Investments
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Investment portfolio details for Elph

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  • Transaction dates
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Financial Statements - Elph

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Detailed financials for Elph

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Elph Comparisons

Elph Primary company
Description
Blockchain tools and infrastructure for dApps are developed ...
Location
San Francisco, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Elph

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Elph

Elph 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 Centbee, Ethos.io, Bitski, Lit Protocol and Cosmostation, among others.

Company Name Domain Founded year HQ Location Description
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App-based cold wallet for cryptocurrency
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Blockchain protocols and financial systems are bridged by Ethos.io's platform.
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A cold wallet for managing cryptocurrencies and collectibles is provided.
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Blockchain-based network for decentralized composability and encryption
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Wallet solutions for digital assets are provided through decentralized platforms.
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Multi-chain digital wallet for EOS blockchain users is developed.
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Detailed competitors of Elph

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Latest news on Elph

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Complete news archive for Elph

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Frequently Asked Questions about Elph

Elph was founded in 2018.

Elph is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Ritik Malhotra is the current CEO of Elph. They have also founded this company.

Elph is a funded company, having raised a total of $1.03M across 2 funding rounds to date.

Tools and infrastructure to use and build blockchain-based applications. Offers a dApp browser wallet, that allows users to discover and use the decentralized apps. The company offers a drop-in authentication library that provides a username password based login system for users to connect their Web3 wallet. Provides a decentralized network of Plasma sidechains based on Ethereum blockchain for building dApps. Enterprises can set up a private blockchain network to record information across organizations.

Elph's top competitors include Ethos.io, Bitski and Cosmostation.

Elph offers Corporate Cards, Expense Management, Bill Pay, Banking and Treasury, and Accounting Automation.

Elph has 3 investors. Key investors include Brex, Y Combinator, and The House Fund.

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