logo
logo

Elementary Raises $30M Series B Led By Tiger Global For Its Ai Vision Platform For Manufacturing

Dec 16, 2021over 3 years ago

Amount Raised

$30 Million

Round Type

series b

Los Angeles

Description

Elementary, a fast-growing startup that has built an AI machine vision platform for quality and inspection in manufacturing, has closed $30M in Series B funding to support customer demand. Following the new round of capital, the company is now poised to aggressively scale its solution worldwide with existing and new customers. Given the current manufacturing market dynamics, the demand for Elementary's platform has been overwhelming. As the world has shifted to requiring automated solutions to address labor constraints, Elementary's customers have needed automated inspection solutions to keep pace with their quality goals

Company Information

Company

Elementary

Location

Los Angeles, California, United States

About

Elementary is a multidisciplinary group of innovators who create new paradigms for solving manufacturing problems using visual AI. Our full stack solution captures data and generates insights to improve manufacturing processes. Accessible machine learning, traceability, and cloud, bring Industry 4.0 directly to the factory floor. We enable best in class manufacturers to ship flawless products to their customers worldwide. Elementary is headquartered in Pasadena, CA with offices in Mexico City, Austin, and the East Coast. For more information, visit: https://elementaryml.com

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech