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Elves is an Egypt-based AI-powered digital concierge platform that connects users with human assistants via chat to handle a variety of global tasks and consumer service requests. The company utilizes a proprietary human-in-the-loop methodology where artificial intelligence continuously learns from live interactions to deliver increasingly personalized recommendations. Operating with a team of over 40 employees, the free chat-based platform has scaled its operations to serve more than 650,000 users worldwide. To finance ongoing platform development and international growth, the startup secured $2 million in seed funding from venture capital investors including Emaar, Kauffman Fellows Syndicate, and Dubai Angel Investors. The application gained notable industry visibility through product features at Facebook's F8 developer conference and a public endorsement from Sheryl Sandberg. Elves was officially founded in June 2016 by Karim Elsahy, Abeer Elsisi, and Ahmed Kassem.
elves has raised $4.0M across 2 funding rounds.
elves has raised $4.0M in total across 2 funding rounds.
elves has raised $4.0M across 2 funding rounds. Most recently, it raised $2.0M Other Equity in September 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 23, 2020 | $2M Venture Round | Sawari Ventures | — | Announced |
| Feb 5, 2018 | $2M Seed | — | Dubai Angel Investors, Emaar, Kauffman Fellows Syndicate | Announced |
elves has raised $4.0M in total across 2 funding rounds.
elves's investors include Sawari Ventures, Dubai Angel Investors, Emaar, Kauffman Fellows Syndicate.
