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ELISE is a Bremen, Germany-based software company that develops a low-code platform specifically designed to automate complex engineering and product development processes. The system enables engineers to visually model and execute algorithmic workflows, which significantly reduces repetitive manual tasks and accelerates the overall time-to-market for physical hardware products. Operating primarily within the automotive and aerospace sectors, the enterprise software is currently utilized by major global manufacturing corporations, including BMW Group, Hyundai Motor Group, and Toyota. To support its ongoing commercial expansion and product development, the organization successfully secured a €14.5 million Series A funding round in 2022. This significant investment was led by Spark Capital, with continued financial participation from prominent venture firms such as BMW i Ventures, Cherry Ventures, and UVC Partners. ELISE was originally founded in 2018 by Moritz Maier, Sebastian Möller, and Daniel Siegel.
ELISE has raised $17.8M across 2 funding rounds.
ELISE has raised $17.8M in total across 2 funding rounds.
ELISE has raised $17.8M across 2 funding rounds. Most recently, it raised $14.8M Series A in September 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 7, 2022 | $14.8M Series A | Alex Finkelstein | BMW I Ventures, Cherry Ventures, Venture Stars | Announced |
| Dec 4, 2019 | $3M Venture Round | — | Tobias Jahn, Cherry Ventures | Announced |
ELISE has raised $17.8M in total across 2 funding rounds.
ELISE's investors include Alex Finkelstein, BMW i Ventures, Cherry Ventures, Venture Stars, Tobias Jahn.