Tech Company Financing Transactions
Element5 Funding Round
Element5 closed a $30 million Series B venture capital round on 5/6/2022. Investors included Insight Venture Partners.
Transaction Overview
Company Name
Announced On
5/6/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Insight Venture Partners (Lead Investor)
Proceeds Purpose
The company, which has raised $48.5 million in total capital to date, intends to use the funds to accelerate the adoption and deployment of its solutions across various service lines within the $400 billion post-acute care market.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
1245 Lincoln Ave, 2nd Fl
San Jose, CA 95125
USA
San Jose, CA 95125
USA
Phone
Website
Email Address
Overview
Element5 is simplifying the adoption of RPA by offering end to end workflow automation as a SaaS product. Founded by experts with decades of experience in the post-acute space, we're tackling operational inefficiencies that are bottlenecks to better care and patient outcomes, one workflow at a time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joe Randesi
Chief Operating Officer
Bhavani Raman
Chief Technical Officer
Murali Vivekanandan
Co-Founder
Eric Gordon
VP - Marketing
Abhilash Kumar
VP - Product Management
Evelyn Wright
VP - Sales
Nate Lipps
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We report on all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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