Developer docs
API playgroundTry for free, no card

Search company profiles

Element AI

Full company profile

uuid00032i4

Namestring
Element AI
Websiteurl
elementai.com
Company typeenum
Private
Founded yearint
2016
Short descriptiontext

Element AI is a Montréal-based AI consulting firm founded in 2016 that delivers applied AI solutions and operational efficiency optimization services to enterprise clients, leveraging founding research talent from deep learning pioneers.

Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersMontréal, Canada
HQ citystring
Montréal
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
AI consulting services, enterprise AI solutions, AI deployment services, machine learning consulting, AI strategy advisory
Industry4 codes
1End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management)
CodeHDAEANAAPrimaryYes
2Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII)
CodeHDAEANAGPrimaryNo
3AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs)
CodeHDAEANAJPrimaryNo
4AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI)
CodeHDAEANAIPrimaryNo
SIC code1 code
  • Services-Computer Integrated Systems Design7373
Product category
AI Consulting Services
Social media profiles3 records
Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Element AI is a specialized AI consulting firm that provides AI-driven solutions for enterprise optimization, helping organizations access AI technology and adopt automation solutions. The firm supports enterprises in operational efficiency improvements and data-driven decision-making, serving as a horizontal AI consulting provider across enterprise organizations.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Element AI is described as a centralized AI platform developed by Walmart. The available source data provides only minimal information about the product portfolio — it does not specify individual product names, modules, features, or how they relate to one another. No further product-level details are available in the aggregated data.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1DataRobot
TypeDirect peer
Description

Enterprise AI platform company explicitly co-mentioned with Element AI in AI consulting market analysis. Both sell applied-AI/ML platforms and services to large enterprises to automate decision-making.

2C3.ai
TypeDirect peer
Description

Enterprise AI software provider offering pre-built and configurable AI applications for operational efficiency, directly overlapping Element AI's horizontal 'operational efficiency optimization' value proposition.

3Noodle.ai
TypeEmerging player
Description

Enterprise AI applications company targeting operational efficiency and supply chain use cases that overlap with Element AI's horizontal enterprise AI optimization mandate.

4Cognitivescale
TypeEmerging player
Description

Enterprise AI software vendor focused on industry-specific AI applications and operational efficiency, with overlapping horizontal enterprise AI positioning to Element AI but smaller scale.

5Opex Analytics
TypeDirect peer
Description

AI consulting and solutions firm explicitly co-mentioned with Element AI in the source market analysis, serving similar enterprise operational-efficiency use cases.

6Palantir Technologies
TypeBroad incumbent
Description

Large enterprise data and AI platform (Foundry, AIP) serving operational and decision-support use cases comparable to Element AI's enterprise AI optimization mandate, but at much greater scale and breadth.

7Databricks
TypeBroad incumbent
Description

Unified data and AI platform with Mosaic AI for model building and deployment, overlapping with Element AI's enterprise AI enablement and operationalization work and increasingly competing for AI-services budgets.

8H2O.ai
TypeDirect peer
Description

Enterprise AI platform and services provider focused on AutoML, generative AI and model deployment, comparable in horizontal enterprise AI delivery model to Element AI.

9SAS
TypeBroad incumbent
Description

Long-established analytics and AI platform serving large enterprises for operational decisioning, comparable customer base to Element AI's horizontal enterprise segment and a broader incumbent competitor.

10IBM (watsonx)
TypeBroad incumbent
Description

Global enterprise IT and consulting incumbent explicitly positioned alongside Element AI in AI consulting services; watsonx provides an enterprise AI platform that competes for the same transformation budgets.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors18 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Element AI

AI Consulting Serviceselementai.com

Element AI is a Montréal-based AI consulting firm founded in 2016 that delivers applied AI solutions and operational efficiency optimization services to enterprise clients, leveraging founding research talent from deep learning pioneers.

Element AI firmographics

Firmographics
Name
Element AI
Website
https://elementai.com
Company type
Private
Founded year
2016
Headcount range
251–500 employees
Short description
Element AI is a Montréal-based AI consulting firm founded in 2016 that delivers applied AI solutions and operational efficiency optimization services to enterprise clients, leveraging founding research talent from deep learning pioneers.
Ownership category
akta.pro rank

Element AI industry classification

Industry
Product category
AI Consulting Services
SIC
Services-Computer Integrated Systems Design (7373)
akta.pro primary industry
End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)
akta.pro secondary industries
Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG), AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI)

Keywords

  • AI consulting services
  • Enterprise AI solutions
  • AI deployment services
  • Machine learning consulting
  • AI strategy advisory

Where Element AI is headquartered

Location

Headquarters

HQ city
Montréal
HQ country
Canada
HQ region
North America

Markets served

Element AI business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Element AI product offering

Product offering

Core offering

Element AI is a specialized AI consulting firm that provides AI-driven solutions for enterprise optimization, helping organizations access AI technology and adopt automation solutions. The firm supports enterprises in operational efficiency improvements and data-driven decision-making, serving as a horizontal AI consulting provider across enterprise organizations.

Product overview

Element AI is described as a centralized AI platform developed by Walmart. The available source data provides only minimal information about the product portfolio — it does not specify individual product names, modules, features, or how they relate to one another. No further product-level details are available in the aggregated data.

Differentiator

Problem solved

Functional benefit

Companies that use Element AI

Customer profile

Segments1 record

Ideal customer profiles1 record

Element AI technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Element AI partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Element AI competitors and assessment

Company assessment

Direct peers

  • DataRobot: Enterprise AI platform company explicitly co-mentioned with Element AI in AI consulting market analysis. Both sell applied-AI/ML platforms and services to large enterprises to automate decision-making.
  • C3.ai: Enterprise AI software provider offering pre-built and configurable AI applications for operational efficiency, directly overlapping Element AI's horizontal 'operational efficiency optimization' value proposition.
  • Opex Analytics: AI consulting and solutions firm explicitly co-mentioned with Element AI in the source market analysis, serving similar enterprise operational-efficiency use cases.
  • H2O.ai: Enterprise AI platform and services provider focused on AutoML, generative AI and model deployment, comparable in horizontal enterprise AI delivery model to Element AI.

Emerging players

  • Noodle.ai: Enterprise AI applications company targeting operational efficiency and supply chain use cases that overlap with Element AI's horizontal enterprise AI optimization mandate.
  • Cognitivescale: Enterprise AI software vendor focused on industry-specific AI applications and operational efficiency, with overlapping horizontal enterprise AI positioning to Element AI but smaller scale.

Broad incumbents

  • Palantir Technologies: Large enterprise data and AI platform (Foundry, AIP) serving operational and decision-support use cases comparable to Element AI's enterprise AI optimization mandate, but at much greater scale and breadth.
  • Databricks: Unified data and AI platform with Mosaic AI for model building and deployment, overlapping with Element AI's enterprise AI enablement and operationalization work and increasingly competing for AI-services budgets.
  • SAS: Long-established analytics and AI platform serving large enterprises for operational decisioning, comparable customer base to Element AI's horizontal enterprise segment and a broader incumbent competitor.
  • IBM (watsonx): Global enterprise IT and consulting incumbent explicitly positioned alongside Element AI in AI consulting services; watsonx provides an enterprise AI platform that competes for the same transformation budgets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Element AI social profiles

Digital presence

Element AI financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Element AI leadership team

Management profile

Number of profiles

Profiles11 records

Element AI funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors18 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Element AI M&A and investment

M&A and investment

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Element AI

What does Element AI do?

Element AI is a specialized AI consulting firm that provides AI-driven solutions for enterprise optimization, helping organizations access AI technology and adopt automation solutions. The firm supports enterprises in operational efficiency improvements and data-driven decision-making, serving as a horizontal AI consulting provider across enterprise organizations.

When was Element AI founded?

Element AI was founded in 2016. It employs 251 to 500 people.

Where is Element AI based?

Element AI is headquartered in Montréal, Canada, in the North America region.

Who are Element AI's main competitors?

Direct peers on record are DataRobot, C3.ai, Opex Analytics and H2O.ai. Emerging players are Noodle.ai and Cognitivescale. Broad incumbents are Palantir Technologies, Databricks, SAS and IBM (watsonx).

Does Element AI have an API?

No public API is recorded for Element AI.

What industry is Element AI in?

Element AI's product category is AI Consulting Services. Its primary akta.pro industry code is HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management), with a secondary code of HDAEANAG, Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII). Its SIC code is 7373.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Business Research InsightsAI Consulting Services Market Size, Trends & Forecast 2026–2035The global AI consulting services market is projected to grow from USD 11.13 billion in 2025 to USD 116.81 billion by 2034, representing a compound annual growth rate of 26.49%. Key market drivers include the increasing demand for automation solutions, with approximately 67% of enterprises adopting AI consulting to optimize operational efficiency, and the growing availability of big data enabling data-driven decision-making. North America leads the market with approximately 52% share, while key industry players including Accenture, IBM, Deloitte, PwC, Capgemini, Cognizant, and Tata Consultancy Services dominate the competitive landscape alongside specialized AI consulting firms such as Element AI, DataRobot, and Opex Analytics.PR NewswireLG Hosts Tech Leaders In Virtual CES 'Future Talk' On The Value Of Open Innovation In A New EraLG Electronics President and CTO Dr. I.P. Park hosted the virtual LG Future Talk at CES 2021, discussing open innovation and showcasing partnerships with multiple technology companies. The company highlighted collaborations including a joint venture called Alluto with DXC Luxoft for in-vehicle webOS Auto experiences, partnerships with Tovala for ThinQ Store integration, and Element AI for an AIX Exchange AI platform. LG also outlined plans to expand its ThinQ ecosystem across AI-enabled devices, robots for disinfection and delivery, and connected smart home and vehicle technologies.Pulse 2.0Why ServiceNow (NOW) Is Buying Element AIServiceNow signed an agreement to acquire Element AI, an AI company with deep learning capabilities. The acquisition will create an AI Innovation Hub in Canada and is expected to be completed in early 2021. It is ServiceNow's fourth AI acquisition in 2020.FinSMEsServiceNow to Acquire Element AIServiceNow agreed to acquire Element AI, an AI company, with the deal expected to close in early 2021. The acquisition amount was not disclosed, and ServiceNow will create an AI Innovation Hub in Canada to accelerate AI innovation in its Now Platform.TechCrunchServiceNow is acquiring Element AI, the Canadian startup building AI services for enterprisesServiceNow has agreed to acquire Element AI, a Canadian enterprise AI services startup, in a deal valued at approximately $500 million — representing a significant devaluation from the company's $600-700 million valuation in its last funding round. ServiceNow will retain most of Element AI's technical talent, including co-founder and CEO Jean-François Gagné and AI pioneer Dr. Yoshua Bengio as a technical advisor, while winding down Element AI's existing business operations. The acquisition, ServiceNow's largest to date, will create an AI Innovation Hub in Montreal to integrate Element AI's capabilities into ServiceNow's workflow automation platform, with completion expected by early 2021.PR NewswireElement AI Offers Free Platform to Assist COVID-19 Response EffortsElement AI, a Montreal-based artificial intelligence company, released a free beta search platform on March 30, 2020, to help clinical researchers, public health authorities, and frontline workers find patterns across thousands of published COVID-19 research papers. The platform uses semantic search technology configured with the COVID-19 Open Research Dataset (CORD-19), allowing users to run unstructured queries rather than keyword searches to locate relevant work more efficiently. The company is seeking feedback from various groups including pharmaceutical companies, government health authorities, and scientific researchers to expand the platform's datasets and features.Pulse 2.0LG And Element AI Announce Strategic PartnershipLG and Element AI announced a strategic partnership for R&D of AI-powered products and services at CES. They signed an MOU and unveiled a joint research initiative called "Levels of AIX" to guide AI development. The partnership aims to accelerate AI research impact on consumers.PR NewswireLG Unveils New Framework For Advancing AI Technology At CES 2020LG Electronics unveiled a new conceptual framework titled "Levels of AI Experience" at CES 2020 to structure the future development of artificial intelligence across its product ecosystem. The framework outlines four progressive levels—Efficiency, Personalization, Reasoning, and Exploration—and was presented alongside Jean-François Gagné, CEO of Element AI. LG also demonstrated various AI-integrated technologies including smart home security, connected car solutions developed with Adient, and virtual fitting room innovations.Pulse 2.0Element AI Raises CAD $200 Million To Accelerate Deployment And Commercialize SolutionsElement AI raised CAD $200 million in a Series B round, with investors including CDPQ, McKinsey, and QuantumBlack. The funding will accelerate deployment and commercialization of AI solutions, bringing total funding to CAD $340 million. The deal is part of CDPQ's AI fund.FinSMEsElement AI Raises CAD $200M (US $151.4M) in Series B FundingElement AI raised CAD $200M (USD $151.4M) in a Series B round, with new backers including CDPQ, McKinsey, and the Quebec government. The company, which has now raised CAD $340M, will use the funds to accelerate deployment and commercialization of its AI software solutions.