# Element funding: rounds and investors

> Element has raised $86M across 4 rounds since 2018. Investors include Kleiner Perkins, Notion Capital and Dawn Capital. Every round with its source.

Source: https://millionrounds.com/company/element (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Element*

4 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps Cybersecurity Fintech Insurtech

Funding summary Updated 26 Oct 2026

**$86M** raised across 4 rounds since 2018, from 4 sources

**$12M** Series A **$26M** Series A **$18M** Series B **$30M** Series B

- **Latest round:** Series B, $30M Jul 2021
- **Step-up i:** 1.7×
- **Investors:** 12

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021

**$12M** Series A

**$26M** Series A

**$18M** Series B

**$30M** Series B

- **First round:** Series A, $12M
- **Biggest round:** $30M
- **Usual gap between rounds:** 13 months

## The rounds

- **Jul 2021** Series B **$30M** *4 new* [Notion Capital](https://millionrounds.com/fund/notion-capital) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [Protocol Labs](https://millionrounds.com/fund/protocol-labs) [Metaplanet](https://millionrounds.com/fund/metaplanet) Source recorded
- **Jun 2020** Series B **$18M** *2 new* [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Blue Bear Capital](https://millionrounds.com/fund/blue-bear-capital) Source recorded
- **Nov 2018** Series A **$26M** *4 new* [SBI](https://millionrounds.com/fund/sbi) [Alma Mundi](https://millionrounds.com/fund/alma-mundi) Engel & Völkers SBI Insurance Reported by EU-Startups
- **Apr 2018** Series A **$12M** *2 new* [GDP Ventures](https://millionrounds.com/fund/gdp-ventures) [PTB Ventures](https://millionrounds.com/fund/ptb-ventures) Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Series A** 2018 **Series B** 2020 **Series B** 2021 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Notion Capital](https://millionrounds.com/fund/notion-capital) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [Protocol Labs](https://millionrounds.com/fund/protocol-labs) [Metaplanet](https://millionrounds.com/fund/metaplanet) [Blue Bear Capital](https://millionrounds.com/fund/blue-bear-capital) [SBI](https://millionrounds.com/fund/sbi) [Alma Mundi](https://millionrounds.com/fund/alma-mundi) [GDP Ventures](https://millionrounds.com/fund/gdp-ventures) [PTB Ventures](https://millionrounds.com/fund/ptb-ventures)

## Everyone who backed them

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round

[Notion Capital](https://millionrounds.com/fund/notion-capital) VC firm **1** round

[Dawn Capital](https://millionrounds.com/fund/dawn-capital) VC firm **1** round

[Protocol Labs](https://millionrounds.com/fund/protocol-labs) Corporate VC **1** round

[Metaplanet](https://millionrounds.com/fund/metaplanet) VC firm **1** round

[Blue Bear Capital](https://millionrounds.com/fund/blue-bear-capital) VC firm **1** round

[SBI](https://millionrounds.com/fund/sbi) Growth equity **1** round

[Alma Mundi](https://millionrounds.com/fund/alma-mundi) VC firm **1** round

[GDP Ventures](https://millionrounds.com/fund/gdp-ventures) VC firm **1** round

[PTB Ventures](https://millionrounds.com/fund/ptb-ventures) VC firm **1** round

Engel & Völkers no record of our own yet **1** round

SBI Insurance no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=element).

## Also claim to have backed them

This firm lists Element as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Beyond Capital](https://millionrounds.com/fund/beyond-capital-5) VC firm Per its own site

## Quick answers about Element

### Who invested in Element?

Element's investors include Kleiner Perkins, Notion Capital, Dawn Capital, Protocol Labs and Metaplanet, and 7 more on record.

### How much has Element raised?

Element has raised $86M across 4 rounds since 2018.

### When did Element last raise?

Element's most recent round was a Series B of $30M in Jul 2021.

### What was Element's biggest round?

Its most recent round, $30M in Jul 2021, is also its largest on record.

### Who backed Element first?

Element's first round on record, in Apr 2018, was backed by GDP Ventures and PTB Ventures.

### What stage is Element at?

Element's latest named round is a Series B, in Jul 2021.

### Where is Element based?

Element is based in the United Kingdom.

## Companies like Element

In the same sector, and raised in the last eighteen months.

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)

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