Elucidate: Funding, Investors & Team (Sep 2026)
Elucidate is the only regulated, universal benchmark for the quantification and scoring of financial crime risk.
Elucidate has raised $11.0M across 2 funding rounds on record, the most recent a Series A of $8.0M announced in May 2022.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Elucidate Company Profile and Key Stats
Latest funding round on record: May 2022.
Elucidate Funding Rounds
Elucidate raised $3.0M in a Seed announced in Mar 2021.
1.2 years later, a Series A of $8.0M was announced in May 2022.
Elucidate Founders and Leadership Team
Contact details for the Elucidate team: 1 of 1 has an email address on file.
Start 14-day free trial →Elucidate Funding Compared to Other Financial Services Startups
Elucidate's latest round of $8.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Elucidate Funding FAQs
What does Elucidate do?
Elucidate is the only regulated, universal benchmark for the quantification and scoring of financial crime risk.
How much funding has Elucidate raised?
Elucidate has raised $11.0M across 2 rounds on record. The most recent is a Series A of $8.0M announced in May 2022.
When did Elucidate last raise funding?
Elucidate's most recent funding round on record is a Series A of $8.0M, announced in May 2022.
Who is the CEO of Elucidate?
Shane Riedel is listed as CEO at Elucidate.
Where is Elucidate headquartered?
Elucidate is based in Berlin, Germany.
How many employees does Elucidate have?
Elucidate is in the 11-50 employee band.
How does Elucidate's funding compare to other Financial Services startups?
Elucidate's latest round of $8.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Elucidate 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 Elucidate is left off this page rather than filled in.
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