Element
Element builds advanced AI-powered digital identity solutions for frictionless customer onboarding, authentication, and fraud risk assessment. Co-founded by AI pioneer Yann LeCun, the company offers eKYC, biometric authentication with liveness detection, and a risk platform to strengthen digital account creation. Element's privacy-led, portable digital identity solution aims to connect populations to essential services, fostering more efficient and inclusive societies, particularly in Asia and Africa. Their technology is based on advanced deep learning models and can be integrated across web, Android, and iOS platforms.
Element
Element builds advanced AI-powered digital identity solutions for frictionless customer onboarding, authentication, and fraud risk assessment. Co-founded by AI pioneer Yann LeCun, the company offers eKYC, biometric authentication with liveness detection, and a risk platform to strengthen digital account creation. Element's privacy-led, portable digital identity solution aims to connect populations to essential services, fostering more efficient and inclusive societies, particularly in Asia and Africa. Their technology is based on advanced deep learning models and can be integrated across web, Android, and iOS platforms.
TL;DR
What: AI-powered mobile biometrics and digital identity platform (eKYC, biometric auth, liveness detection, fraud/risk)
Founded: 2012 (headquartered in New York City)
Funding: Series A (Apr 2018); disclosed $12.0M round; total funding reported as 18000000.00 USD
Founders: Adam Perold (Co‑founder, President & CEO) and Yann LeCun (Co‑founder, Chief Science Advisor)
Company Overview
Problem Domain
Digital identity verification, customer onboarding, authentication, and fraud risk assessment.
Founded
2012
Industry
Digital identity / Mobile biometrics
Tech Stack
Funding Track Record
12000000.00 USD
Participating investors reported include BoxGroup, Recruit Strategic Partners, Scott Belsky, Pandu Sjahrir, MDI Ventures, Central Capital Ventura, Maloekoe Ventures and others.
Investor Signal
“Series A led by PTB Ventures and GDP Venture with participation from BoxGroup, Recruit Strategic Partners, Scott Belsky and several regional venture investors.”