Elemy
Elemy is a technology company.
Financial History
Elemy has raised $324.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Elemy raised?
Elemy has raised $324.0M in total across 3 funding rounds.
Elemy is a technology company.
Elemy has raised $324.0M across 3 funding rounds.
Elemy has raised $324.0M in total across 3 funding rounds.
Elemy is a technology-enabled healthcare company specializing in pediatric behavioral health, particularly autism care. It operates as a B2B2C managed marketplace delivering in-home and online ABA (Applied Behavior Analysis) therapy, AI-powered therapist matching, and comprehensive services for conditions like autism, anxiety, ADHD, and speech language pathology.[1][2][5][6] Elemy serves families, pediatric providers, and healthcare payors by solving access barriers to personalized, play-based care—reporting outcomes like 13% improved communication skills, 80% reduced problem behaviors, and 140% faster skill adoption within six months.[1] Launched in April 2020, it scaled rapidly from 4-8 employees to over 1,300 in under 18 months, raising $219-259M from investors including SoftBank, General Catalyst, Founders Fund, and 8VC.[1][2][6]
Elemy was founded in 2019-2020, emerging amid rising demand for pediatric behavioral health amid 1-in-5 U.S. children affected by such conditions.[3][7] While specific founders are not detailed in available sources, the company launched publicly in April 2020 as a stealth-mode startup focused on autism care, quickly expanding to a full platform.[1][2][7] Early traction was explosive: from a small team to one of the fastest-growing U.S. healthcare firms, hitting 800-1,300 employees in 1.5 years, fueled by tech-driven matching and outcomes data that proved its model.[1][2] Pivotal branding by Pentagram in its early phase crystallized its empathy + innovation philosophy, symbolized by "The Hug" icon representing child-caregiver bonds.[3]
Elemy rides the digital health and telehealth wave, targeting pediatric behavioral care—a $10B+ U.S. market strained by provider shortages and diagnostics delays, amplified by post-pandemic mental health crises.[3][7] Timing aligns with AI advancements in personalization and ABA evolution from rigid to play-based models, plus insurer shifts toward value-based care favoring outcomes data.[1][5] Favorable forces include Medicaid expansions and VC influx into healthtech (Elemy's $200M+ funding mirrors this).[1][6] It influences the ecosystem by proving tech marketplaces can scale in-home care, inspiring similar platforms in neurodiversity and setting benchmarks for empathy-tech hybrids amid 1-in-36 U.S. kids with autism.[3]
Elemy's momentum positions it for national expansion, deeper AI integration (e.g., predictive matching), and adjacent services like adult behavioral health, leveraging its insurance acceptance and clinician network.[1][5] Trends like AI diagnostics, remote monitoring, and payor tech adoption will accelerate growth, though regulatory scrutiny on ABA and competition from telehealth giants loom. Its influence may evolve from autism pioneer to comprehensive pediatric platform, redefining accessible care—together, they'll get there, as its tagline promises, transforming lives at scale.[3]
Elemy has raised $324.0M in total across 3 funding rounds.
Elemy's investors include 9Yards Capital, Kevin Hartz, Accel, Acrew Capital, Adverb Ventures, Altair Capital Management, AME Cloud Ventures, Audrey Capital, Avalon Ventures, Benchstrength, Blitzscaling Ventures, Bond.
Elemy has raised $324.0M across 3 funding rounds. Most recently, it raised $220.0M Series B in October 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2021 | $220.0M Series B | 9Yards Capital, Kevin Hartz, Accel, Acrew Capital, Adverb Ventures, Altair Capital Management, AME Cloud Ventures, Audrey Capital, Avalon Ventures, Benchstrength, Blitzscaling Ventures, Bond, Broadway Angels, C2 Investment, CapitalG, Coatue, Cota Capital, Craft Ventures, Daffy, Dragoneer Investment Group, Dream Machine, Flex Capital, Forerunner Ventures, FPV Fund, General Catalyst, Hardware Club, Helium-3 Ventures, Heretic Ventures, Incite Ventures, Liquid 2 Ventures, LOI Venture, Magnify Ventures, NFX, Pear VC, Polychain Capital, Quiet Capital, Redpoint Ventures, SciFi VC, Seven Seven Six, Sherpalo Ventures, SNR, Sound Ventures, South Park Commons, SV Angel, Timespan Ventures, Tribe Capital, Y Combinator, Aaron Levie, Aaron Patzer, Aston Motes, Charlie Cheever, Clara Shih, Dharmesh Shah, Doug Sleeter, Drew Houston, Eduardo Haber, Eric Ries, Hiten Shah, Jared Leto, Jeff Seibert, Jeremy Stoppelman, Josh Silverman, Justin Rosenstein, Justin Timberlake, Kris Duggan, Larry Augustin, Louis Beryl, Marco Zappacosta, Mark Pincus, Matt Bellamy, Matt Mickiewicz, Phil Libin, Sam Altman, Seth Sternberg, Stacy Brown-Philpot, Tien Tzuo, Tobias Lutke, Wayne Chang | |
| Mar 1, 2021 | $94.0M Series A | 9Yards Capital, Kevin Hartz, Accel, Acrew Capital, Adverb Ventures, AME Cloud Ventures, Audrey Capital, Benchstrength, Blitzscaling Ventures, Bond, Broadway Angels, C2 Investment, CapitalG, Coatue, Cota Capital, Craft Ventures, Daffy, DCM, Dragoneer Investment Group, Flex Capital, FPV Fund, General Catalyst, Hardware Club, Heretic Ventures, Incite Ventures, LOI Venture, Pear VC, Quiet Capital, Redpoint Ventures, SciFi VC, Seven Seven Six, Sherpalo Ventures, Sound Ventures, South Park Commons, SV Angel, Tribe Capital, UpHonest Capital, Y Combinator, Aaron Levie, Aaron Patzer, Alice Zhang, Aston Motes, Charlie Cheever, Clara Shih, Dharmesh Shah, Doug Sleeter, Drew Houston, Eric Ries, Hiten Shah, Jared Leto, Jeff Seibert, Jeremy Stoppelman, Josh Silverman, Justin Rosenstein, Kris Duggan, Larry Augustin, Louis Beryl, Marco Zappacosta, Matt Mickiewicz, Phil Libin, Sam Altman, Seth Sternberg, Tien Tzuo, Tobias Lutke, Wayne Chang | |
| Jul 1, 2020 | $10.0M Seed | 9Yards Capital, Kevin Hartz, Accel, Acrew Capital, Adverb Ventures, AME Cloud Ventures, Audrey Capital, Benchstrength, Bling Capital, Blitzscaling Ventures, Bond, Broadway Angels, C2 Investment, CapitalG, Coatue, Cota Capital, Craft Ventures, Daffy, DCM, Dragoneer Investment Group, Flex Capital, FPV Fund, General Catalyst, Hardware Club, Heretic Ventures, Incite Ventures, LOI Venture, Pear VC, Quiet Capital, Redpoint Ventures, SciFi VC, Seven Seven Six, Sherpalo Ventures, Sound Ventures, South Park Commons, SV Angel, Tribe Capital, Y Combinator, Aaron Levie, Aaron Patzer, Aston Motes, Charlie Cheever, Clara Shih, Dharmesh Shah, Doug Sleeter, Drew Houston, Eric Ries, Hiten Shah, Jared Leto, Jeff Seibert, Jeremy Stoppelman, Josh Silverman, Justin Rosenstein, Kris Duggan, Larry Augustin, Louis Beryl, Marco Zappacosta, Matt Mickiewicz, Phil Libin, Sam Altman, Seth Sternberg, Tien Tzuo, Tobias Lutke, Wayne Chang |