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Draft:Elementum

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Elementum Ltd.
IndustryEnterprise Software
Founded2012
FounderNader Mikhail David Blonski
HeadquartersLehi, UT, U.S.
Key people
Nader Mikhail (CEO)

David Blonski (COO) Karen Jenkins (Chief Experience Officer)

Katie Carter (VP, People Success)
Websiteelementum.ai

Elementum Ltd., is a software company headquartered in Lehi, Utah, that provides a cloud platform for the creation and orchestration of automated business workflows.

History

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Originally founded in Palo Alto, CA, Elementum was started in 2012 by Nader Mikhail and David Blonski as a start-up incubated by Flextronics. The company's focus was on supply chain management (SCM) automation.[1]

In February 2014, Elementum was spun-off as a separate entity after a fundraising round, led by Lightspeed Partners and Flextronics, raised $44 million.[2]

Additional investment rounds occurred in 2016 and 2018. Current investors include Lightspeed Partners, Future Fund, Fontinalis, and Saints Capital[3]

In 2022, Elementum expanded its software offering with an AI-powered process automation and workflow orchestration platform that uses patented technology to run securely within data clouds, such as Snowflake.[4][5]

Platform

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The Elementum platform is a process automation platform that combines AI agents, Large Language Models (LLMs), rules-based workflow, and task management to automate business processes like software license management, accounts payable, and healthcare provider onboarding.

References

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  1. ^ "How a Flextronics Spin-Off Raised $65M and is Revolutionizing the Global Supply Chain | GrowthCap". growthcapadvisory.com. Retrieved 2025-03-31.
  2. ^ Cheredar, Tom (2014-02-04). "Elementum grabs $44M to disrupt supply chain tech". VentureBeat. Retrieved 2025-03-31.
  3. ^ Klug, Emma (2016-06-16). "Detroit's Fontinalis Partners Invests in Cloud Supply Chain Platform". DBusiness Magazine. Retrieved 2025-03-31.
  4. ^ "US-12158894-B2 - Patent Public Search | USPTO". ppubs.uspto.gov. Retrieved 2025-03-31.
  5. ^ "US-12204667-B2 - Patent Public Search | USPTO". ppubs.uspto.gov. Retrieved 2025-03-31.