About Elsis
Elsis is a company based in Vilnius (Lithuania) founded in 1991 was acquired by Atea in September 2011. It operates as a Professional Services and Managed Services. Elsis offers products and services including ICT Solutions, Automation Systems, and Telemetry Systems. Elsis operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
Products & Services of Elsis
Elsis offers a comprehensive portfolio of products and services, including ICT Solutions, Automation Systems, and Telemetry Systems.
Solutions for information and communication technology are provided.
Automation systems for buildings and processes are developed.
Telemetry systems for remote control are designed and installed.
Funding Insights of Elsis
- Total Rounds 2
- Last Round Grant β $852,420
- First Round $531,453
(Dec 2020)
- Investors Count 1
All 2 funding rounds of Elsis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $852,420 | Grant | β | β | |
| Dec 2020 | $531,453 | Grant | β | β |
2 investors in total: 2 institutional.
Investors in Elsis
Elsis has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Atea and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
IT infrastructure products and services are supplied to enterprise customers. | 1968 | atea.com | Oslo, Norway |
Investor details for Elsis
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Timeline of Elsis
4 dated milestones of Elsis across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Elsis is founded.
- Exit Acquired by Atea.
- Funding First funding round of $531K.
- Funding Latest funding round, Grant, of $852K.
Competitors of Elsis
Elsis 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| unicorn.com | 1990 | Prague, Czech Republic | $12M | – | Software development services are provided by Unicorn in Prague. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| asiainnovations.com | 2013 | Hangzhou, China | $21M | – | Mobile social and online entertainment products | |
| 3pillarglobal.com | 2006 | Fairfax, United States | $22.52M | 67 | Adaptive software products are developed for business applications. | |
| kontron.com | 1959 | Linz, Austria | $34.6M | 130 | Embedded computing platforms are developed for industrial applications. |
Detailed competitors of Elsis
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Elsis
Websites that share an audience with Elsis (elsis.lt).
Websites whose visitors overlap most with Elsis. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| alna.lt | 100% | – | – | View details | |
technologijos.lt | technologijos.lt | 67% | – | #29,702 | β |
Latest news on Elsis
Complete news archive for Elsis
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Elsis
10 companies that operate in the same segment as Elsis (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Elsis
Elsis was founded in 1991 and raised its 1st funding round 29 years after it was founded.
Elsis is headquartered in Vilnius, Lithuania.
Elsis, a group of companies, is focused on creating and implementing software solutions, information systems, telecommunications, tactical communication systems, telemetry, environmental monitoring, housing management, building automation, and other engineering systems. Various defense and security infrastructure projects are also undertaken. Key sectors served include public administration, defense, energy, environment, construction, transport, and healthcare. Operations are conducted in Lithuania, the Baltic States, the European Union, and other international markets.
Elsis's top competitors include RedShelf, Unicorn and Hedgehog lab.
Elsis offers ICT Solutions, Automation Systems, and Telemetry Systems.
Elsis has 2 investors. Key investors include Atea, and European Union.
Elsis operates through Uab Elsis.
Yes. Elsis was acquired by Atea in September 2011.

