Elementum

AI-driven workflow automation platform for enterprises

Lehi, Utah, United States

About Elementum

Elementum.ai provides a workflow platform that helps large enterprises automate their business processes using artificial intelligence and machine learning. The platform operates directly on data clouds like Snowflake, allowing businesses to automatically trigger actions, tasks, approvals, and surveys when their data changes. Users can create custom workflows easily through intuitive prompts or a drag-and-drop interface, and they can quickly select and launch apps from a marketplace. Elementum stands out from its competitors by running natively within customers' data clouds, which simplifies deployment and reduces the need for complex integrations. The company's goal is to enable businesses to automate processes in days instead of weeks, ensuring high customer satisfaction and effective results.

Lehi, UtahHeadquarters
2013Year Founded
$65.2MTotal Funding
SERIES_BCompany Stage
Enterprise Software, AI & Machine LearningIndustries
51-200Employees

Risks

Increased competition from platforms like Alteryx and Matillion integrating with Snowflake.
Potential resistance from customers with existing investments in traditional systems.
Rapid AI advancements could render Elementum's offerings outdated without continuous updates.

Differentiation

Elementum operates natively within Snowflake, eliminating the need for APIs or connectors.
The platform offers over 50 pre-built workflow templates for rapid deployment.
Elementum provides a no-code, drag-and-drop interface for custom workflow creation.

Upsides

Rising demand for no-code platforms empowers non-technical staff to manage workflows.
Growing interest in data-driven tools aligns with Elementum's seamless Snowflake integration.
Subscription-based model offers predictable revenue streams and aligns with industry trends.

Funding

Total raised$65.17 M
Latest valuation$250.00 M
StageSERIES_B