Element5 (AI) — Funding, Investors & Signals 2026

Element5

The most intelligent automation platform to transform post-acute operations.

Founded 2019

San Jose, United States 209 employees Series B Total: $48.50M AI, Health Care +1

Element5 is a startup in the United States, founded in 2019, that is focused on revolutionizing post-acute operations. Their slogan, "The most intelligent automation platform to transform post-acute operations," encapsulates their mission to accelerate speed to care and optimize financial outcomes through eligibility, authorization, and RCM automation. The company is active in the AI, Health Care, and Information Technology industries, reflecting a strategic positioning in high-growth sectors. In their most recent funding round, Element5 secured a substantial $30.00M Series B investment on 03 May 2022, with Insight Partners as the lead investor. This investment is indicative of the confidence that reputable venture capital firms have in the potential of Element5's platform. The company's value proposition of enabling post-acute organizations to leverage enterprise-grade, secure automation at scale to create staff capacity is aligned with the current market needs and technological trends. As the company continues to develop and expand its offerings, the recent investment gives Element5 a substantial runway to drive innovation, expand its market reach, and solidify its position as a leader in transforming post-acute operations. The funding, coupled with the company's strong foundation and experienced team, positions Element5 for further growth and success in the evolving landscape of healthcare and technology.

Funding Stage	Amount	Investors	Lead Investors	Date
Series B	$30.00M	1	Insight Partners	03 May 2022
Series A	$16.00M	2	Insight Partners, Maxwell Investment Partners	17 Aug 2021
Seed Round	$2.50M	-		01 Jun 2020

Funding Stage

Amount

Investors

Lead Investors

Date

Series B

$30.00M

Insight Partners

03 May 2022

Series A

$16.00M

Insight Partners, Maxwell Investment Partners

17 Aug 2021

Seed Round

$2.50M

01 Jun 2020

FAQ About Element5

The most intelligent automation platform to transform post-acute operations.

Element5 was founded in 2019.

Element5 is headquartered in San Jose, United States.

Element5 operates in AI, Health Care and Information Technology. Its work centres on automation platform, post-acute operations, robotic process automation and eligibility automation.

Element5 has approximately 209 employees.

Element5 has completed 3 funding rounds, raising a total of $48.50M. The latest funding stage is Series B.

Top alternatives and competitors to Element5 include Innobot Health, OSP, Olive, Advata, KanTime Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Element5 and Innobot Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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