About Elementary
Elementary enhances quality control in manufacturing using machine learning technology. Their tools improve visual inspections and connect quality sensors to devices, providing a comprehensive solution for measurable process improvement. They serve a variety of clients, including leading manufacturers, helping them improve product quality and production yield while offering insights from real-time data. Unlike competitors, Elementary focuses on integrating their AI and quality platform into existing production lines, generating revenue through software sales, support, and data assistance. The goal is to transform manufacturing quality control and drive operational efficiencies.
South Pasadena, CaliforniaHeadquarters
2017Year Founded
$29.2MTotal Funding
SERIES_BCompany Stage
Robotics & Automation, Industrial & ManufacturingIndustries
501-1,000Employees
Benefits
Compensation package including competitive salary and early-stage equity
Medical and Dental insurance benefits
Flexible Vacation Policy (3-4 weeks)
A team culture focused on inclusivity, curiosity, personal and technical humility, ownership, and work/life balance.
Risks
Competition from established players like Boston Dynamics could challenge Elementary's market position.
Rapid technological advancements may require costly updates to Elementary's platform.
Dependency on key partnerships poses risks if they dissolve or underperform.
Differentiation
Elementary integrates AI with IoT for precise data collection in manufacturing.
The company offers a comprehensive AI platform for real-time quality control.
Elementary's solutions enhance human-robot collaboration in manufacturing.
Upsides
Elementary's partnership with Rapid Robotics enhances its visual inspection capabilities.
The $30M funding round supports scaling automated inspection technologies.
AI-driven visual inspection systems are increasingly adopted in manufacturing.
Funding
Total raised$29.18 M
Latest valuation$150.00 M
StageSERIES_B
SERIES B
11/30/2021$30
$150.00 M