Elementum Raises Equity Financing

What does Elementum do?

Elementum, is a Michigan based strategic investment firm. This is a supply chain made simple. The company simplifies managing your end to end supply chain, with cloud apps which simplify logistics, monitoring, collaboration and risk management. The company brings the latest in cloud together, big data and mobile technologies. The company delivers real time supply chain info which is optimized for the current mobile work force. The company is supported by Flextronics, leading supply chain company. The company has built a one graph database for the world’s supply chain data for removing millions of dollars costs in service and license that OEMs have spent traditionally for integrating even a fraction of their supply chain partners. The company provides actionable info and clear insights minus the expense and clutter of the regular enterprise software.

How much Elementum was funded?

The company raised undisclosed amount in undisclosed round on June 16, 2016 from Fontinalis Partners.

Previous funding

$17M in Series A on October, 2012 from Flextronics International

$50M in Series B on February 4, 2014 from Flextronics International, Dave Duffield, Lightspeed Venture Partners, Mike Frandsen, Aaron Levie,  AME Cloud Ventures, Jerry Yang and Farzad (Zod) Nazem.

What is next for Elementum?

Elementum has established itself as the leader in supply of chain technology, and the only company capable of building the world’s Product Graph for tying together the total global product economy.

More about Elementum

Elementum was founded on July 1, 2012 by Nader Mikhail. It has its headquarters in Mountain View, CA. The company provides its customers with the management of cross functional issues and global insights they require for taking days out of their supply chain, freeing millions of dollars in free cash flow. The company’s customers include Fortune 500 company from different industries such as healthcare, automotive, industrial, food & beverage, technology and consumer sectors.