About Elves
Elves is a company based in San Francisco (United States) founded in 2016.. Elves has raised $4 million across 4 funding rounds from investors including Emaar, Dubai Angel Investors and Sawari Ventures. Elves offers products and services including Elves App, Itinerary Service, and Chat Support. Elves operates in a competitive market with competitors including Character.ai, Replika and Mindtrip, among others.
- Headquarter San Francisco, United States
-
Sectors
TechnologyTravel & Hospitality
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Elves App Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4 M (USD)
in 4 rounds
-
Latest Funding Round
$2 M (USD), Series A
Sep 17, 2020
-
Investors
Emaar
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Elves
Elves offers a comprehensive portfolio of products and services, including Elves App, Itinerary Service, and Chat Support. 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.
Mobile app for trip planning and expert-guided bookings
Feature for customized travel recommendations and reservations
24/7 chat for real-time travel advice and assistance
Unlock access to complete
Unlock access to complete
Funding Insights of Elves
Elves has successfully raised a total of $4M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in September 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 4
- Last Round Series A — $2.0M
-
First Round
First Round
(01 Dec 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series A - Elves | Valuation | Sawari Ventures | |
| Jul, 2020 | Amount | Seed - Elves | Valuation | Sawari Ventures |
|
| Feb, 2020 | Amount | Seed - Elves | Valuation | Sawari Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elves
Elves has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Emaar, Dubai Angel Investors and Sawari 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 |
|---|---|---|---|---|
|
A venture capital firm based in Cairo, Egypt, is operated.
|
Founded Year | Domain | Location | |
|
Venture capital education, networking, and research program.
|
Founded Year | Domain | Location | |
|
Angel investments in seed-stage tech firms in Dubai are provided.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Elves
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Elves
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elves Comparisons
Competitors of Elves
Elves 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 Character.ai, Replika and Mindtrip, 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 |
AI-based conversational solutions are provided for user interactions and learning.
|
|
| domain | founded_year | HQ Location |
An AI companion is developed for emotional support and conversation.
|
|
| domain | founded_year | HQ Location |
Trips are discovered, planned, and booked through an AI-powered platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Elves
Frequently Asked Questions about Elves
When was Elves founded?
Elves was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Elves located?
Elves is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Elves a funded company?
Elves is a funded company, having raised a total of $4M across 4 funding rounds to date.
What does Elves do?
Elves was founded in 2016 in San Francisco, United States, as a platform in the consumer services sector. Users are matched with personal assistants via chat to handle tasks such as food ordering, online shopping, travel arrangements, and movie ticket bookings. Businesses are enabled to list products and services on the platform. The app is accessible on iOS and Android devices, supporting operations primarily in the United States.
Who are the top competitors of Elves?
Elves's top competitors include Character.ai, Mindtrip and Replika.
What products or services does Elves offer?
Elves offers Elves App, Itinerary Service, and Chat Support.
Who are Elves's investors?
Elves has 5 investors. Key investors include Emaar, Dubai Angel Investors, Sawari Ventures, Kauffman Fellows, and Ahmed Kassem.