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Elemental Machines

Elemental Machines

Private
Cambridge, MassachusettsHealthcare & Life Scienceshttps://elementalmachines.com/

Last Round

Series B

Nov 10, 2022

Total Funding Raised

$52.5M

Company Overview

Elemental Machines is a life sciences technology company that provides an IoT-powered platform for real-time asset monitoring, environmental data collection, and lab operations intelligence.

Sector

Healthcare & Life Sciences

Verticals

Biotech Equipment, IoT Hardware, Environmental Monitoring, Health IoT, Quality Management

Business Model

B2B

Customer Profile

Hardware + Subscription, Subscription SaaS

AI Layer

Application

Keywords

lab operationsLabOpsIoT sensorslaboratory monitoringbiotech infrastructureenvironmental monitoringpredictive maintenanceequipment connectivitydigital labsmart labdata integritySaaS platformremote monitoringInternet of ThingsIoT

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Elemental Machines Comparables

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Elemental Machines comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Sonicu
84%
XiltriX North America
81%
Checkit PLC
79%

Elemental Machines Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BNov 10, 2022
Series AMar 1, 2018
SeedFeb 3, 2016

Elemental Machines Investors

Notable investors and investment history

Elemental Machines investors
InvestorRounds
Rock HealthSeed
Digitalis VenturesSeries B, Series A
Project 11 VenturesSeed
2M CompaniesSeed
7wire VenturesSeries A
Pathfinder Venture CapitalSeed
Omega Venture PartnersSeries B

Market signals

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  • Nov 10, 2022

    $41M round led by Sageview Capital and Omega Venture Partners.

Elemental Machines Filings

SEC and related filings with document metadata.

Data table
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Elemental Machines Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersCambridge, Massachusetts
Employee Range72
Year Founded2014
Last FundingNov 10, 2022

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