How Much Did Element ID Raise?
Funding & Key Investors

Element ID has successfully secured a significant capital injection, bringing its total funding to $32K. This latest financing round, which contributed $32K in substantial expansion capital, underscores the firm's robust trajectory within the industrial technology sector. By leveraging this investment, the company is well-positioned to accelerate its market penetration and enhance its proprietary RFID infrastructure, solidifying its role as a critical partner for enterprises seeking digital transformation in complex supply chain environments.

What is Element ID?

Element ID
Business ServicesSoftware TestingIndustrial Machinery & Equipment

Element ID operates as a comprehensive turnkey provider of Radio Frequency Identification (RFID) solutions, specifically engineered for the rigorous demands of manufacturing and warehousing sectors. The company distinguishes itself by offering an end-to-end service model that encompasses the design, deployment, and integration of hardware—including advanced RFID readers and barcode scanners—directly into existing Enterprise Resource Planning (ERP) frameworks. By focusing on high-stakes industries such as food and beverage, Element ID enables granular traceability and operational transparency. Their technical expertise allows clients to mitigate overhead costs while simultaneously driving significant improvements in inventory accuracy and logistical throughput, effectively bridging the gap between physical asset management and digital data analytics.

How much funding has Element ID raised?

Element ID has raised a total of $32K across 1 funding round:

2021

Debt

$32K

Debt (2021): $32K with participation from PPP

Key Investors in Element ID

PPP

Public-Private Partnership

What's next for Element ID?

With the infusion of this latest capital, Element ID is poised to scale its operations and broaden its technological footprint. The strategic roadmap likely involves deepening the integration capabilities of their software suite to support more complex ERP environments and expanding their hardware portfolio to address emerging industrial IoT requirements. As the demand for automated, real-time supply chain visibility continues to rise, Element ID is strategically aligned to capture additional market share. The company will likely prioritize the refinement of its implementation methodologies to reduce deployment timelines for large-scale industrial clients, ensuring that their value proposition remains centered on high-efficiency, low-friction operational upgrades that deliver measurable ROI.

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Frequently Asked Questions Regarding Element ID Financial Insights

What are the most recent funding rounds that Element ID has completed, and what were the funding rounds?
Element ID has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Element ID has raised to date?
Element ID has raised a total of $32K in funding to date.
How many funding rounds has Element ID completed?
Element ID has completed 1 funding rounds.
How much funding did Element ID raise in its most recent funding round?
Element ID raised $32K in its most recent funding round.
Who are the lead investors in Element ID's latest funding round?
The lead investor in Element ID's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Element ID's history?
The largest funding round in Element ID's history was $32K.
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