Elementum

Elementum is a disruptive startup in the enterprise software, mobile, and SaaS industries that was founded in 2012. They have carved a niche for themselves with the slogan "Workflows Built Natively Into Your Data Cloud. Automate Business Processes Instantly Without Ever Moving Your Data." Their innovative platform operates natively within the Snowflake Data Cloud, ensuring that data remains within the customer's cloud without the need for integrations or incurring ingress/egress fees. Elementum's technology serves to dynamically relate and mine data in the cloud, leading to the proactive initiation of workflows that automate crucial business processes. This approach results in faster execution, reduced manual activity, fewer errors, and better decisions. The company's no-code app builder facilitates the creation of tailor-made applications or the utilization of pre-built apps targeting specific business processes, such as inventory management, merchandising, vendor onboarding, software license management, and new product introduction. In terms of funding, the last investment received by Elementum was a Venture Round led by Fontinalis Partners on 16 June 2016. This investment signifies a vote of confidence from the venture capital community, validating the potential of Elementum's offerings in revolutionizing data-driven workflows and business process automation. The approach of embedding workflows into the data cloud, along with the strategic focus on industries like enterprise software and SaaS, places Elementum in a promising position for growth and market disruption.