# Element5 funding: rounds and investors

> Element5 has raised $38M across 2 rounds since 2022. Investors include Insight Partners. Every round with its source.

Source: https://millionrounds.com/company/element5 (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Element5*

2 rounds we have observed, with the one investor 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.

Construction

Funding summary Updated 26 Oct 2026

**$38M** raised across 2 rounds since 2022, from 2 sources

**$30M** Series B **$8.0M** Debt

- **Latest round:** Debt, $8.0M Sept 2025
- **Biggest round:** $30M Series B · May 2022
- **Investors:** 1

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.

2023 2024 2025

**$30M** Series B

**$8.0M** Debt

- **First round:** Series B, $30M
- **Biggest round:** $30M
- **Between rounds:** 3.3 years

## The rounds

- **Sept 2025** Debt **$8.0M** No investor was named in the report. Source recorded
- **May 2022** Series B **$30M** *1 new* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) Source recorded

## Everyone who backed them

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=element5).

## Quick answers about Element5

### Who invested in Element5?

Element5's investors include Insight Partners.

### How much has Element5 raised?

Element5 has raised $38M across 2 rounds since 2022.

### When did Element5 last raise?

Element5's most recent round was a Debt of $8.0M in Sept 2025.

### What was Element5's biggest round?

Element5's largest round on record is $30M (Series B), in May 2022.

### Who backed Element5 first?

Element5's first round on record, in May 2022, was backed by Insight Partners.

### What stage is Element5 at?

Element5's latest named round is a Debt, in Sept 2025.

### Where is Element5 based?

Element5 is based in Canada.

## Companies like Element5

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

[**telMAX** $294M · Sept 2026](https://millionrounds.com/company/telmax)[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Brdg** $613K · Aug 2026](https://millionrounds.com/company/brdg)[**ConstructionClock** $1.7M · Jul 2026](https://millionrounds.com/company/constructionclock)[**Site 20/20** $528K · Jul 2026](https://millionrounds.com/company/site-20-20)[**Carbicrete** $5.7M · Jun 2026](https://millionrounds.com/company/carbicrete)

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