What is Elemental Machines?
Elemental Machines serves as a foundational technology partner for researchers and clinicians, providing a comprehensive suite of cloud-based dashboards and turnkey sensors. The company's platform is engineered to unify disparate data streams from laboratory assets, metrics, and physical locations into a single, actionable interface. By facilitating universal data collection and seamless reporting, Elemental Machines addresses the persistent challenge of data fragmentation in scientific research. This capability is essential for organizations aiming to optimize operational efficiency, ensure regulatory compliance, and accelerate the pace of discovery through data-driven insights.
How much funding has Elemental Machines raised?
Elemental Machines has raised a total of $60.6M across 6 funding rounds:
Private Equity
$2.3M
Angel/Seed
$2.5M
Series A
$9M
Debt
$150K
Series B
$41M
Private Equity
$5.7M
Private Equity (2015): $2.3M, investors not publicly disclosed
Angel/Seed (2016): $2.5M led by Project 11 Ventures, Rock Health companies, FF Angel, and 2M Companies
Series A (2018): $9M supported by Digitalis Ventures
Debt (2020): $150K featuring PPP
Series B (2022): $41M backed by Digitalis Ventures, Sageview Capital, Omega Venture Partners, and Gutbrain Ventures
Private Equity (2026): $5.7M, investors not publicly disclosed
Key Investors in Elemental Machines
Digitalis Ventures
A multidisciplinary investment firm that engineers solutions to unmet needs in health by leveraging deep technical and domain expertise in biotechnology.
Sageview Capital
A growth-focused investment firm that partners with founders of software and tech-enabled businesses, providing long-term capital and deep executive network support.
Omega Venture Partners
A Silicon Valley-based technology investment firm specializing in rapidly growing software businesses that utilize AI, machine learning, and data automation.
What's next for Elemental Machines?
With the infusion of this latest capital, Elemental Machines is well-positioned to accelerate its market penetration and enhance its product roadmap. The company's strategic focus will likely center on deepening its integration capabilities within the broader laboratory automation ecosystem, potentially leveraging advanced analytics to provide predictive maintenance and enhanced workflow optimization. As the demand for digitized, high-fidelity laboratory environments continues to rise, Elemental Machines is poised to capitalize on its established reputation as a trusted data supplier, further cementing its role as an indispensable component of the modern scientific enterprise.
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