About Elucidata
Elucidata is a Healthcare company based in San Francisco (United States) founded in 2015 by Richard ichard Kibbey, Swetabh Pathak, and Abhishek Kumar Jha. Elucidata is focused on AI-powered biomedical data solutions for drug discovery and precision medicine. It operates on a AI-as-a-Service, Managed Services, and HealthTech model in Healthcare and Technology sectors. Elucidata has raised $22.7 million across 4 funding rounds from investors including IvyCap Ventures, Eight Roads Ventures and F-Prime Capital. The company has 132 employees. Elucidata was last valued at $18.3 million in December 2020. Its chief executive, as recorded, is Abhishek Kumar Jha. Its website elucidata.io draws about 20 thousand monthly visits. Its Indian entity Elucidata Data Consulting Private Limited reported revenue of ₹36.32 Cr. Elucidata offers products and services including Polly, Data Concierge, and Bioinformatics Pipeline Building. Its focus areas include Biotechnology, Biomedical Data Solutions, Precision Medicine and Diagnostics. Its competitors include IQVIA, Komodo Health and Dental Intel; 2 of its 3 listed competitors have raised funding.
Company details
Elucidata is engaged in transforming drug discovery through AI-powered data solutions. Biomedical data is harmonized and integrated using the Polly platform, which supports multi-modal data types like omics, imaging, and clinical data. Solutions are provided for target identification, biomarker discovery, and patient stratification across sectors such as biopharma, precision medicine, and translational research. Scalable cloud infrastructure and secure data handling are ensured to accelerate RD outcomes and drive impactful health innovations globally.
- Headquarters San Francisco, United States
- Employees 132
- Founders Richard ichard Kibbey, Swetabh Pathak, Abhishek Kumar Jha
- Stage Minicorn
- SectorsHealthcareTechnology
- Email••••••••
- Website elucidata.io
- Social LinkedIn X Facebook YouTube
- Legal Name Elucidata Data Consulting Private Limited
- Date of Incorporation 22 Mar, 2016
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹36.32 Cr
FY 2024 · -2% YoY
- Indian entity net profit₹4.42 Cr
FY 2024 · 12% margin
- Indian entity EBITDA₹6.17 Cr
FY 2024 · 17% margin
- Total Equity Funding$22.7M (USD)
in 4 rounds
- Latest Funding Round$16M (USD), Series A
Sep 2022
- InvestorsIvyCap Ventures
& 3 more
- Employee Count132
Associated legal entities of Elucidata
Elucidata operates through Elucidata Data Consulting Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elucidata Data Consulting Private Limited CIN U74999DL2016PTC292977 | Active | 22 Mar 2016 | New Delhi, Delhi | ₹36.3 Cr | 132 | 3 | View details |
Products & Services of Elucidata
Elucidata offers a comprehensive portfolio of products and services, including Polly, Data Concierge, and Bioinformatics Pipeline Building.
AI platform harmonizes biomedical data for research.
Noise is filtered from scientific literature data.
Custom pipelines are built for data analysis.
Apps and channels of Elucidata
its YouTube channel Elucidata Corporation has 421 subscribers.
Funding Insights of Elucidata
Elucidata has successfully raised a total of $22.7M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in September 2022. 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 $22.7M
- Total Rounds 4
- Last Round Series A — $16M
- First Round $1.7M
(Jun 2018)
- Investors Count 4
All 4 funding rounds of Elucidata 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 |
|---|---|---|---|---|---|
| Sep 2022 | $16M | Series A | – | Eight Roads Ventures | |
| Dec 2020 | $5M | Seed | $18.3M | IvyCap Ventures Advisors | |
| Jul 2020 | $880,000 | Debt – Conventional | – | – | – |
| Jun 2018 | $1.7M | Seed | – | Hyperplane | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2020 | $18.3M | •••••••• |
Last known valuation $18.3M (Dec 2020). 4 investors in total: 4 institutional.
Investors in Elucidata
Elucidata has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include IvyCap Ventures, Eight Roads Ventures and F-Prime Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investment and global platform support for startups. | 2008 | eightroads.com | London, United Kingdom | |
Investments in life sciences, technology, healthtech, and crypto sectors from global locations. | fprimecapital.com | |||
Venture capital investments in startups from leading Indian institutions across various sectors. | 2011 | ivycapventures.com | Mumbai, India | |
Hyperplane is engaged in providing seed capital to startups. | hyperplane.vc | Boston, United States |
Investor details for Elucidata
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Elucidata Data Consulting Private Limited (Elucidata)
Elucidata Data Consulting Private Limited is the primary company behind Elucidata. The board of Elucidata Data Consulting Private Limited currently have 3 directors; the longest-serving is Abhishek Kumar Jha, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Kumar Jha DIN 07361615 | Director | 22 Mar 2016 | 10 yrs 7 mo | Elucidata Data Consulting Private Limited |
| Swetabh Pathak DIN 06730282 | Director | 22 Mar 2016 | 10 yrs 7 mo | Elucidata Data Consulting Private Limited |
| Ashish Wadhwani DIN 06620044 | Director | 03 Dec 2020 | 5 yrs 11 mo | Elucidata Data Consulting Private Limited |
People of Elucidata
73 people are tracked at Elucidata (12 in leadership, 5 in board & advisors, 56 in team); the tracked headcount is 132.
| Name | Role | Group |
|---|---|---|
Richard ichard Kibbey | Co-Founder | Leadership |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Manimala Sen | Director - Technical Product | Leadership |
Harshveer Singh | Director Of Engineering | Leadership |
Abhinav Sinha | Director - Solutions | Leadership |
Manimala Sen (Ph.D.) | Director -technical Product | Leadership |
| Co-Founder & CEO | Leadership | |
Milan Gupta | Associate Director, Product & Growth | Leadership |
Drabir Ghosh | Associate Director | Leadership |
Piyush Trivedi | Director Of Engineering | Leadership |
Drabir G. | Associate Director - Bizops & Strategy (founder's Office) | Leadership |
Nicholas Levitt | Advisor | Board & advisors |
Ashish Gupta | Advisor | Board & advisors |
Kashyap Deorah | Advisor | Board & advisors |
Jonathan Sheffi | Advisor | Board & advisors |
Nick Pullen | Advisor | Board & advisors |
Pradyumn P. Singh | Technical Lead | Team |
Akhil Kathuria | Technical Lead | Team |
kishan thummar | Frontend Software Engineer | Team |
53 more people are available in the full profile.
Complete people profiles for Elucidata
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Elucidata
Figures of Elucidata Data Consulting Private Limited, the primary company behind Elucidata, for FY 2024. Revenue was ₹36.32 Cr (-2% year on year). Net profit was ₹4.42 Cr (12% margin). EBITDA was ₹6.17 Cr (17% margin). Revenue has grown at a compounded annual rate of +58% over three years and +45% over five years.
- ₹36.32 CrRevenue · FY 2024 · -2% YoY
- ₹4.42 CrNet profit · 12% margin
- ₹6.17 CrEBITDA · 17% margin
- ₹1.3 LakhPaid-up capital
- 132Employees (provident fund records)
- +58%Revenue CAGR, 3 years
- +45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Elucidata Data Consulting Private Limited are on its company page.
Detailed financial statements for Elucidata
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Elucidata
4 dated milestones of Elucidata across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Elucidata is founded.
- Funding First funding round of $1.7M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $16.0M.
Competitors of Elucidata
Elucidata has 3 listed competitors in our database, 2 of them funded. They include IQVIA, Komodo Health and Dental Intel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iqvia.com | 1982 | Durham, United States | 88,000 | Clinical research and commercialization solutions are provided for healthcare. | ||
| komodohealth.com | 2014 | New York, United States | $514M | 269 | Data-driven insights are delivered to healthcare via AI platforms. | |
| dentalintel.com | 2012 | Provo, United States | $34M | 180 | Dental intelligence is delivered via SaaS platform for performance analytics. |
Detailed competitors of Elucidata
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Elucidata
The website of Elucidata (elucidata.io) receives about 19.9K visits a month.
- Monthly visits19.9K
▼ 18.7% vs previous month
Websites whose visitors overlap most with Elucidata. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cutshort.io | 100% | 932.4K | #51,870 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Elucidata (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Elucidata
Complete news archive for Elucidata
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Frequently Asked Questions about Elucidata
Elucidata was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Elucidata is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Abhishek Kumar Jha is the CEO of Elucidata, as recorded in our data. They have also founded this company.
Elucidata is a funded company, having raised a total of $22.7M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.7M, raised on Jun 2018.
Elucidata has 132 employees.
The primary company behind Elucidata, Elucidata Data Consulting Private Limited, reported revenue of ₹36.32 Cr for FY 2024, down 2% year on year.
Elucidata is engaged in transforming drug discovery through AI-powered data solutions. Biomedical data is harmonized and integrated using the Polly platform, which supports multi-modal data types like omics, imaging, and clinical data. Solutions are provided for target identification, biomarker discovery, and patient stratification across sectors such as biopharma, precision medicine, and translational research. Scalable cloud infrastructure and secure data handling are ensured to accelerate RD outcomes and drive impactful health innovations globally.
Elucidata's top competitors include IQVIA, Komodo Health and Dental Intel.
Elucidata offers Polly, Data Concierge, and Bioinformatics Pipeline Building.
Elucidata has 4 investors. Key investors include IvyCap Ventures, Eight Roads Ventures, F-Prime Capital, and Hyperplane.
The valuation of Elucidata is $18.3M as of Dec 2020.
Elucidata operates through Elucidata Data Consulting Private Limited.