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Element5 uses Robotic Process Automation (RPA) and Artificial Intelligence (AI) to interact with current systems and complete work on your behalf. Element5’s AI+RPA, often referred to as intelligent process automation or IPA, is delivered in the form of workflows. Accompanying each automated workflow are rich, powerful analytics that helps clients gain valuable insight into their business operations.
Overview
Location
United States, California, San Jose
Employees
51-200
Total raised
$47.5M
Founded date
2019
Investors 1
| Date | Name | Website |
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Funding Rounds 3
| Date | Series | Amount | Investors |
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| Aug 17, 2021 | Series A round | $15M | |
| Jun 1, 2020 | Seed round | $2.5M |
Mentions in press and media 20
| Date | Title | Description |
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| May 24, 2022 | AlayaCare Partners with Element5 to extend the adoption of workflow automation technology for home health care | RICHMOND HILL, N.Y. and SAN JOSE, Calif. (PRWEB) May 24, 2022 AlayaCare, a leading home health software, announced today its partnership with Element5, a workflow automation solution for post-acute care. The partnership will help AlayaCare ... |
| May 6, 2022 | Element5 Closes $30M in Series B Funding | Logo Element5, a San Jose, CA-based provider of an Automation-as-a-Service solution purpose-built for post-acute care, raised $30M in Series B funding. The round was led by Insight Partners. The company, which has raised $48.5 million in to... |
| May 4, 2022 | Health Automation Startup Element5 raises USD 30 million in Series B Funding | Chennai, India and the U.S-based health automation platform Element5 raised USD 30 million in its Series B round of funding. The round took place on May 3, 2022. New York-based global venture capital and private equity firm Insight Partners... |
| May 3, 2022 | Element5 Raises $30 Mn From Insight Partners To Help Healthcare Companies Automate Workflows | The fresh capital will be deployed to accelerate Element5’s offerings and hire new talent in India to build a healthcare product Element5 counts Buckeye, amedisys, CommonSpirit, and Graham Healthcare Group as its customers Element5 claims t... |
| May 3, 2022 | Element5 Secures $30M to Expand Automation for Post-Acute Care | What You Should Know: – Element5, the world’s first Automation-as-a-Service solution purpose-built for post-acute care, today announced that it has raised $30 million in a Series B funding round led by Insight Partners. With the closing of ... |
| Nov 5, 2021 | Contributed: Improving healthcare productivity with automation and opportunities for startups | Photo: Me789 Studio/Getty Images |
| Oct 13, 2021 | Element5 Strengthens Commitment to Security, Achieves SOC2 Type 2 Certification | Element5, an Automation as a Service solution leveraging AI and RPA for post-acute care, announced that it has received its Service Organization Control (SOC) 2 Type 2 Certification. The audit validated Element5’s operations, which meet the... |
| Aug 17, 2021 | How venture capital-backed startups that got PPP funding fared after the pandemic | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content Why marketers are benefitting from a scientific mindset From Optimizely At the start... |
| Aug 17, 2021 | Element5 raises $15 million Series A to help post-acute care spend less time on administrative work |
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FAQ about Element5
When was Element5 founded?
Element5 was founded in 2019.
How much funding has Element5 raised?
Element5 has raised $47.5M in total across 3 funding rounds.
What funding rounds has Element5 raised?
Parsers VC lists 3 funding rounds of Element5, among them a Series A round of $15M on Aug 17, 2021 and a seed round of $2.5M on Jun 1, 2020.
What has the press written about Element5?
Parsers VC has collected 20 articles mentioning Element5, among them “AlayaCare Partners with Element5 to extend the adoption of workflow automation technology for home health care” (May 24, 2022) and “Element5 Closes $30M in Series B Funding” (May 6, 2022).
Is Element5 still active?
Yes, Element5 is active; its latest activity on Parsers VC dates from Jan 15, 2025.