About Elude
Elude is a company based in Los Angeles (United States) founded in 2015 by Frankie Scerbo.. Elude has raised $6.35 million across 4 funding rounds from investors including ATX Venture Partners, Mucker and Upfront Ventures. Elude offers products and services including Flight Alerts Service, Going App, and Premium Membership. Elude operates in a competitive market with competitors including Jack's Flight Club, WayAway, FlightLink, Cheap Flight Alerts and Next Vacay, among others.
- Headquarter Los Angeles, United States
- Founders Frankie Scerbo
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Elude International D.O.O.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.35 M (USD)
in 4 rounds
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Latest Funding Round
$3 M (USD), Seed
Nov 17, 2021
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Investors
ATX Venture Partners
& 10 more
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Employee Count
Employee Count
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Products & Services of Elude
Elude offers a comprehensive portfolio of products and services, including Flight Alerts Service, Going App, and Premium Membership. 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.
Delivers notifications for discounted flights based on user preferences.
App for discovering and booking affordable flight deals worldwide.
Offers enhanced alerts and features for better flight deal access.
Funding Insights of Elude
Elude has successfully raised a total of $6.35M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in November 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 Funding
- Total Rounds 4
- Last Round Seed — $3.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Elude | Valuation | ATX Venture Partners | |
| Aug, 2021 | Amount | Seed - Elude | Valuation | Mucker , Grayson Capital | |
| Oct, 2020 | Amount | Seed - Elude | Valuation |
investors |
| 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 |
Investors in Elude
Elude has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include ATX Venture Partners, Mucker and Upfront Ventures. 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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Early-stage venture capital investments are made by ATX Venture Partners.
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Founded Year | Domain | Location | |
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Accelerator and venture capital firm
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage companies.
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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 Elude
| 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 - Elude
| 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 |
Elude Comparisons
Competitors of Elude
Elude 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 Jack's Flight Club, WayAway, FlightLink, Cheap Flight Alerts and Next Vacay, 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 |
App-based platform to discover & book flight tickets at discounted prices
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| domain | founded_year | HQ Location |
WayAway provides a free platform for comparing flight prices and booking deals online.
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| domain | founded_year | HQ Location |
Luxury air travel services are provided for premium clientele worldwide.
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| domain | founded_year | HQ Location |
Operates a digital hub providing flight ticket deals and alerts.
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| domain | founded_year | HQ Location |
Online platform for searching and booking affordable global flights.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Elude
Frequently Asked Questions about Elude
When was Elude founded?
Elude was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Elude located?
Elude is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Elude a funded company?
Elude is a funded company, having raised a total of $6.35M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on May 06, 2019.
What does Elude do?
Elude was established in 2015 in Los Angeles, United States, as an online platform in the travel sector. Airline tickets are reserved by users who enter travel locations, personal information, payment details, preferred dates, and other specifications. Operations focus on digital booking processes to support air travel arrangements across various routes.
Who are the top competitors of Elude?
Elude's top competitors include Jack's Flight Club, FlightLink and WayAway.
What products or services does Elude offer?
Elude offers Flight Alerts Service, Going App, and Premium Membership.
Who are Elude's investors?
Elude has 11 investors. Key investors include ATX Venture Partners, Mucker, Upfront Ventures, Grayson Capital, and Maccabee Ventures.