FundedIQ
Artificial Intelligence

Elm AI: Funding, Investors & Team (Sep 2026)

Elm AI offers AI agents that automate supplier compliance, sourcing, and operations across global supply chains.

elm-ai.com LinkedIn New York, United States 1-10 employees Founded 2023
Total raised
$3.8M
Rounds
1
Latest
Seed
Sep 2026

Elm AI has raised $3.8M across 1 funding round on record, the most recent a Seed of $3.8M announced in Sep 2026.

That round is below the $7.5M median round size for United States companies tracked on FundedIQ over the last two years.

Elm AI Company Profile and Key Stats

Total funding raised
$3.8M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$3.8M in Sep 2026
Employees
1-10
reported band
Founded
2023
Headquarters
New York, United States
Investors on record
13
5 named below

Latest funding round on record: Sep 2026.

Elm AI Funding Rounds

Date
Round
Amount
Seed
$3.8M

Elm AI Investors

Beta Boom Working Capital (ERA) Entrepreneurs Roundtable Accelerator Cornell Tech Big Red Ventures

13 investors are recorded in total; the 5 named above are those the record identifies.

Elm AI Founders and Leadership Team

Name
Role
Contact
Advait Raykar
Co-Founder and CEO
Locked
Ken He
Co-Founder
Locked

Contact details for the Elm AI team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.

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Elm AI Funding in Context

Segment
Companies
Median round
29,795
$7.5M
16,575
$3.1M

Elm AI's latest round of $3.8M is below the median round in United States. Medians cover the last 24 months of disclosed rounds.

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Elm AI Funding FAQs

What does Elm AI do?

Elm AI offers AI agents that automate supplier compliance, sourcing, and operations across global supply chains.

How much funding has Elm AI raised?

Elm AI has raised $3.8M across 1 round on record. The most recent is a Seed of $3.8M announced in Sep 2026.

When did Elm AI last raise funding?

Elm AI's most recent funding round on record is a Seed of $3.8M, announced in Sep 2026.

Who has invested in Elm AI?

Investors on record for Elm AI include Beta Boom, Working Capital, (ERA) Entrepreneurs Roundtable Accelerator, Cornell Tech, Big Red Ventures. FundedIQ records 13 investors in total.

Who founded Elm AI?

FundedIQ lists Advait Raykar (Co-Founder and CEO), Ken He (Co-Founder) at Elm AI.

Where is Elm AI headquartered?

Elm AI is based in New York, United States.

How many employees does Elm AI have?

Elm AI is in the 1-10 employee band.

When was Elm AI founded?

Elm AI was founded in 2023.

About FundedIQ's Elm AI Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Elm AI is left off this page rather than filled in.

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