Since starting Element ID, Romaine and Martin invented a new way to combine RFID middleware and RFID reader hardware into the same low cost device, greatly reducing the cost, risk, and complexity of RFID deployments. Since then, the company expanded into being one of the only vendors in the world offering complete, full turnkey RFID solutions. The founders also invented a way to link RFID tags with the items to which they are attached. This technology is critical in the application of RFID on conveyor systems and allows linking RFID data with other information such as dimensions, weight, and barcode data. It also creates the ability for RFID tracking (the ability to control the routing of product using RFID data).
Element ID’s core expertise is a combination of embedded software and practical automation experience. Most of the company’s competitors typically do hardware or network-level software, but there are very few, if any, that integrate software and hardware together. This integration results in lower cost, lower risk, and better functionality for the customer.
The founders’ extensive field experience in barcoding, dimensioning, and RFID makes Element ID one of the only complete solution providers in the industry. Data has shown that projects are more likely to fail when they are patched together by a collection of component vendors. Having a full turnkey solution provider like Element ID that is willing to implement a combination of barcode and RFID technology reduces cost and risk.
“Our initial goal when we started Element ID was to leverage 30-40 years of auto ID innovation from the barcoding industry. We didn’t feel RFID should be treated as a separate industry, but instead should be looked at as an extension of barcoding in the same way vision systems improved performance over laser scanners.” said Romaine. “We wanted to make an RFID product that was as easy to deploy as barcode and backwards compatible with the existing barcode infrastructure. We’ve achieved that and expanded our focus to full turnkey solutions that provide the benefits of RFID technology without all the risks.”
Overview
Funding Rounds 1
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Mentions in press and media 2
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| Mar 20, 2009 | Ben Franklin Tech Partners of Northeastern PA announce $454k investment | We can’t help but give a shout out to our neighbors in the North. Ben Franklin Technology Partners of Northeastern Pennsylvania have announced plans to invest $454,000 in 11 companies in its region. That’s after Philly’s local Technology Pa... |
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FAQ about Element ID
When was Element ID founded?
Element ID was founded in 2006.
How much funding has Element ID raised?
Element ID has raised $50K in total across 1 funding round.
What has the press written about Element ID?
Parsers VC has collected 2 articles mentioning Element ID, among them “Ben Franklin Tech Partners of Northeastern PA announce $454k investment” (Mar 20, 2009).
Is Element ID still active?
Yes, Element ID is active; its latest activity on Parsers VC dates from Jan 27, 2012.