About Elysian
Elysian is a company based in Iceland. It operates as a AI-as-a-Service, and Managed Services. Elysian has raised $9 million across 2 funding rounds from investors including American Family Ventures. Elysian offers products and services including Dynamic Claim Review and End-to-End Claim Handling.
- Headquarter Iceland
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Elysian Insurance Services, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Jul 08, 2025
- Investors
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Employee Count
Employee Count
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Products & Services of Elysian
Elysian offers a comprehensive portfolio of products and services, including Dynamic Claim Review and End-to-End Claim Handling. 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.
AI-driven claim review identifies portfolio gaps and trends.
Full claim management from notice to closure provided.
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Funding Insights of Elysian
Elysian has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in July 2025. 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 2
- Last Round Series A — $6.0M
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First Round
First Round
(19 Dec 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - Elysian | Valuation |
investors |
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| Dec, 2024 | Amount | Seed - Elysian | Valuation | American Family Ventures |
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| 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 Elysian
Elysian has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include American Family 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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Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors
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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 Elysian
| 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 - Elysian
| 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 |
Elysian Comparisons
Competitors of Elysian
| 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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Frequently Asked Questions about Elysian
Where is Elysian located?
Elysian is headquartered in Iceland.
Is Elysian a funded company?
Elysian is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Dec 19, 2024.
What does Elysian do?
Elysian is established as a third-party administrator specializing in commercial insurance claims. Services are provided across property, auto, and liability lines, focusing on complex, high-severity cases. AI technology is integrated with expert adjusters to enhance claim handling efficiency. Solutions like Dynamic Claim Review and End-to-End Claim Handling are offered to reduce costs and improve outcomes. Operations are conducted in multiple global locations to support diverse client needs.
What products or services does Elysian offer?
Elysian offers Dynamic Claim Review and End-to-End Claim Handling.
Who are Elysian's investors?
Elysian has 1 investor. Key investors include American Family Ventures.