Elementary

Elementary

Enhances manufacturing quality control with machine learning

About Elementary

Simplify's Rating
Why Elementary is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

Company Size

501-1,000

Company Stage

Series B

Total Funding

$30M

Headquarters

South Pasadena, California

Founded

2017

Overview

Elementary enhances quality control in manufacturing using machine learning technology. Their tools improve visual inspections and connect quality sensors to devices, providing manufacturers with a comprehensive solution for better production processes. By integrating their AI platform into existing production lines, Elementary helps clients improve product quality, increase production yield, and gain insights from real-time quality data. Unlike competitors, Elementary focuses specifically on the manufacturing sector and offers continuous support and training alongside their software solutions. The goal is to transform manufacturing quality control and drive operational efficiencies for leading manufacturers.

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Simplify's Take

What believers are saying

  • Elementary's partnership with Rapid Robotics enhances its visual inspection capabilities.
  • The $30M funding round supports scaling automated inspection technologies.
  • AI-driven visual inspection systems are increasingly adopted in manufacturing.

What critics are saying

  • Competition from established players like Boston Dynamics could challenge Elementary's market position.
  • Rapid technological advancements may require costly updates to Elementary's platform.
  • Dependency on key partnerships poses risks if they dissolve or underperform.

What makes Elementary unique

  • Elementary integrates AI with IoT for precise data collection in manufacturing.
  • The company offers a comprehensive AI platform for real-time quality control.
  • Elementary's solutions enhance human-robot collaboration in manufacturing.

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Funding

Total Funding

$30M

Below

Industry Average

Funded Over

1 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Elementary
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Compensation package including competitive salary and early-stage equity

Medical and Dental insurance benefits

Flexible Vacation Policy (3-4 weeks)

A team culture focused on inclusivity, curiosity, personal and technical humility, ownership, and work/life balance.

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

2%

2 year growth

2%
Finsmes
May 8th, 2024
Elementary Receives Strategic Investment From Rockwell Automation

Elementary, a Los Angeles, CA-based AI-powered machine vision company, received an investment from Rockwell Automation

Elementary ML
Jul 5th, 2023
Unleashing AI + robotics: Elementary's ai-powered vision systems and Rapid Robotics partnership

Elementary partnered with Rapid Robotics, Inc to provide a solution for this complex visual inspection.

Finsmes
Dec 16th, 2021
Elementary Raises $30M In Series B Funding

Elementary, a Los Angeles, CA-based startup that has built an AI machine vision platform for quality and inspection in manufacturing, closed a $30M Series B funding. The round was led by Tiger Global with participation from existing investors Threshold Ventures, Fika Ventures, Fathom Capital, Riot VC, and Toyota Ventures.  The company intends to use the funds to scale [] The post Elementary Raises $30M in Series B Funding appeared first on FinSMEs.

VentureBeat
Dec 16th, 2021
Elementary raises $30M for AI that automates physical product inspections

Elementary, a company developing an AI platform for automating physical product inspections, has raised $30 million in venture capital.

VentureBeat
Dec 16th, 2021
Elementary Raises $30M For Ai That Automates Physical Product Inspections

Elementary, a company developing an AI platform for automating physical product inspections, has raised $30 million in venture capital.

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