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 its solution worldwide with existing and new customers and continue to recruit talent
- Elementary provides a full stack solution that captures data and generates insights to improve manufacturing processes using visual AI
- Its no code approach allows customers to create inspection routines and train models by labeling data through a user-friendly interface rather than requiring expensive programming and integration
