Elementus

Elementus

Universal blockchain search, analytics, compliance

Overview

Elementus builds a universal blockchain search engine and analytics platform for non-private blockchains. It indexes blockchain data to create a searchable, auditable view of transactions and addresses, enabling clients to trace origins of funds, detect scams and hacks, and assess blockchain projects. The product works by indexing and organizing public blockchain data into a searchable database, then providing industrial-grade analytics, forensics, and compliance tools via subscriptions and services. Elementus differentiates itself from competitors by offering a comprehensive, institution-grade data layer with deep forensic capabilities and a focus on compliance for governments, financial institutions, and crypto businesses, rather than just consumer lookups. The company’s goal is to improve transparency and usability of blockchain data, helping clients conduct investigations, satisfy regulatory requirements, and make informed investment decisions.

About Elementus

Simplify's Rating
Why Elementus is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Government & Public Sector

Cybersecurity

Crypto & Web3

Company Size

11-50

Company Stage

Series A

Total Funding

$45M

Headquarters

New York City, New York

Founded

2017

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Simplify's Take

What believers are saying

  • Raised $10M Series A-2 in 2023 led by ParaFi Capital.
  • Serves U.S. agencies in ransomware probes and banks.
  • Provides KYT, sanctions detection, and 24/7 monitoring.

What critics are saying

  • Chainalysis dominates forensics with FBI's $100M+ contracts.
  • Nansen captures hedge funds via 1B+ labeled addresses.
  • TRM Labs integrates with JPMorgan, displacing compliance tools.

What makes Elementus unique

  • Elementus indexes all non-private blockchains as universal search engine.
  • Attributes over 650 million addresses across multiple chains.
  • Patented algorithms deliver forensic toolkit for illicit detection.

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Funding

Total Funding

$45M

Below

Industry Average

Funded Over

7 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$10M
Elementus
$15M
Canva
$30M
Kalshi

Growth & Insights and Company News

Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
news.bitcoin.com
Feb 8th, 2023
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers – Blockchain Bitcoin News

Elementus, a New York-based blockchain firm that aims to disrupt the market by bringing Google-like granular analytics for Web3 platforms, has raised $10 million as part of its Series A-2 funding round, led by Parafi Capital, a crypto VC company, and with the participation of Moonshots Capital, Spitfire Ventures, and Colaco Investment Group.

Silicon Valley Journals
Feb 7th, 2023
Elementus Raises $10M in Funding

Elementus, a web3 company whose blockchain data intelligence platform enables forward-thinking, data-driven organizations of all sizes to leverage the power

NFTgators
Feb 6th, 2023
Elementus Closes $10M Round to Build Data Intelligence Tool for Web3

Elementus had previously raised $12 million in Series A 1 and $5 million in seed and pre-seed rounds.

Yahoo Finance
Feb 6th, 2023
Blockchain analyst firm Elementus raises funds at $160M valuation. Clients include Celsius and BlockFi creditors

These include Elementus, a blockchain analytics firm founded in 2018, which announced on Monday that it has raised $10 million in a new funding round led by ParaFi Capital.

Elementus
Oct 25th, 2022
The Information Names Elementus a Most Promising Crypto Startup in 2022

That is, Elementus Inc. were just named one of The Information’s 50 Most Promising Startups (#TheInformation50) in the Crypto category.

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