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elementai.com

Founded Year

2016

Stage

Acquired | Acquired

Total Raised

$257.14M

Valuation

$0000 

About Element AI

Element AI is a global developer of AI software that helps people work smarter. The company turns research and industry expertise into software solutions that exponentially learn and improve. Its end-to-end offering, including advisory services, AI enablement tools, and products, aims at helping large organizations operationalize AI and create real business impact.On November 30th, 2020, Element AI was acquired by ServiceNow at a valuation of $230M.

Element AI Headquarter Location

6650 Saint-Urbain Suite #500

Montreal, Quebec, H2S 3G9,

Canada

514-379-3568

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Expert Collections containing Element AI

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Element AI is included in 2 Expert Collections, including AI 100.

A

AI 100

199 items

A

Artificial Intelligence

8,693 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Element AI Patents

Element AI has filed 78 patents.

The 3 most popular patent topics include:

  • Machine learning
  • Artificial neural networks
  • Artificial intelligence
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/19/2019

3/1/2022

Artificial neural networks, Artificial intelligence, Neural networks, Intel microprocessors, Data management

Grant

Application Date

9/19/2019

Grant Date

3/1/2022

Title

Related Topics

Artificial neural networks, Artificial intelligence, Neural networks, Intel microprocessors, Data management

Status

Grant

Latest Element AI News

Element AI: Offering Cutting-Edge Solutions with AI Strategies

Dec 2, 2021

Element AI: Leveraging artificial intelligence to create AI strategies for enterprises Element AI is one of the popular artificial intelligence companies in the world focused on transforming fundamental and applied research into AI models as per the business requirements. The mission is to utilize AI models to reinvent a hybrid work environment through the collaboration of human employees and machines to drive business success in this digital transformation era. Let’s explore some of the cutting-edge technologies with AI strategies that are being offered by Element AI. This artificial intelligence company was launched in Montreal with a mission to democratize AI with a non-predatory and collaborative model for commercializing advanced research. One of the AI strategies of Element AI is to make artificial intelligence accessible to gain trust on AI models. AI researchers and scientists prefer this strategy to gain complete access to this cutting-edge technology for moving forward with research and development. It is well-known for the top-notch services and AI models to reinvent the future of work efficiently. Element AI is focused on Responsible AI to engage with governments, civil society, academia, and business fields to ensure deployment of AI projects with positive social impacts. It helps organizations to adopt safe and responsible AI to drive a long-term growth in a global ecosystem. AI strategies of Element AI need to follow some of the important ethical and business standards for artificial intelligence. This company is known as a global AI software provider of unparalleled access to cutting-edge technology. It has received a total funding of US$600 million to offer AI-first solutions in partnerships with large corporations. AI strategies of Element AI are to boost the deployment of solutions while developing AI models. Service Now has acquired Element AI to build more AI services for enterprises. Element AI works on four pillars of intelligent AI adoption that include strategy, technology and data, people and organization, as well as governance. This helps to train AI models efficiently and effectively beyond simple use cases.

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