FundedIQ
Biotechnology

Elo Life Systems: Funding, Investors & Team (Aug 2026)

A biotechnology business called Elo Life Systems focuses on promoting human health and wellness through food. Through bridging the gap between food, agriculture, and health, the business is motivated by a purpose to improve human health and wellness. In order to close gaps and address needs related to agricultural production, dietary demand, food security, and human wellbeing, Elo collaborates with stakeholders in the food systems value chain.

elolife.ag LinkedIn Durham, United States 11-50 employees
Biotechnology Health Care Nutrition Wellness B2B
Total raised
$24.5M
Rounds
1
Latest
Series A
Feb 2023

Elo Life Systems has raised $24.5M across 1 funding round on record, the most recent a Series A of $24.5M announced in Feb 2023.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Elo Life Systems Company Profile and Key Stats

Total funding raised
$24.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$24.5M in Feb 2023
Employees
11-50
reported band
Headquarters
Durham, United States

Latest funding round on record: Feb 2023.

Elo Life Systems Funding Rounds

Date
Round
Amount
Series A
$24.5M

Elo Life Systems Founders and Leadership Team

Name
Role
Contact
Todd Rands
CEO
Locked

Contact details for the Elo Life Systems team: 1 of 1 has an email address on file.

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Elo Life Systems Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
29,722
$7.5M
8,352
$15M

Elo Life Systems' latest round of $24.5M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Elo Life Systems Funding FAQs

What does Elo Life Systems do?

A biotechnology business called Elo Life Systems focuses on promoting human health and wellness through food. Through bridging the gap between food, agriculture, and health, the business is motivated by a purpose to improve human health and wellness. In order to close gaps and address needs related to agricultural production, dietary demand, food security, and human wellbeing, Elo collaborates with stakeholders in the food systems value chain.

How much funding has Elo Life Systems raised?

Elo Life Systems has raised $24.5M across 1 round on record. The most recent is a Series A of $24.5M announced in Feb 2023.

When did Elo Life Systems last raise funding?

Elo Life Systems' most recent funding round on record is a Series A of $24.5M, announced in Feb 2023.

Who is the CEO of Elo Life Systems?

Todd Rands is listed as CEO at Elo Life Systems.

Where is Elo Life Systems headquartered?

Elo Life Systems is based in Durham, North Carolina, United States.

How many employees does Elo Life Systems have?

Elo Life Systems is in the 11-50 employee band.

How does Elo Life Systems' funding compare to other Biotechnology startups?

Elo Life Systems' latest round of $24.5M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Elo Life Systems 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 Elo Life Systems is left off this page rather than filled in.

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