# Elementum funding: rounds and investors

> Elementum has raised $67M across 3 rounds since 2012. Investors include Lightspeed Venture Partners, AME Cloud Ventures and Flextronics International.

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

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Elementum*

3 rounds we have observed, with the 9 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.

Cloud

Funding summary Updated 26 Oct 2026

**$67M** raised across 3 rounds since 2012, from 3 sources

**$17M** Series A **$50M** Series B

- **Latest round:** Venture Sept 2025
- **Biggest round:** $50M Series B · Feb 2014
- **Investors:** 9

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.

2012 2014 2016 2018 2020 2022 2024

**$17M** Series A

**$50M** Series B

**?** Venture

- **First round:** Series A, $17M
- **Biggest round:** $50M
- **Usual gap between rounds:** 11.6 years

## The rounds

- **Sept 2025** Venture **Amount undisclosed** *1 new* *2 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) [Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) Source recorded
- **Feb 2014** Series B **$50M** *7 new* *1 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) [Farzad (Zod) Nazem](https://millionrounds.com/fund/farzad-zod-nazem) [Jerry Yang](https://millionrounds.com/fund/jerry-yang) [Aaron Levie](https://millionrounds.com/fund/aaron-levie) [Ruchi Sanghvi](https://millionrounds.com/fund/ruchi-sanghvi) [Flextronics International](https://millionrounds.com/fund/flextronics-international) Mike Frandsen From a historical funding record
- **Oct 2012** Series A **$17M** *1 new* [Flextronics International](https://millionrounds.com/fund/flextronics-international) From a historical funding record

## Founders and team

From Elementum's own website and the SEC filings it signed: 1 founder, 10 on the team.

**David Blonski** Co-Founder & Chief Operating Officer

- **Nader Mikhail** CEO & Board Member
- **Karen Jenkins** Chief Solutions Architect
- **Phil Duggan** Chief Revenue Officer
- **Josh Waite** VP, Software Engineering
- **Katie Carter** VP, People Success
- **Christopher Schaepe** Board Member
- **Frank Slootman** Board Member
- **Jim Davidson** Board Member
- **Michael Scarpelli** Board Member
- **Victoria Wilson** Executive Officer, Director, Promoter i

On the board, as filed i *Justin Dawkins*

## 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** 2012 **Series B** 2014 **Venture** 2025 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) [Flextronics International](https://millionrounds.com/fund/flextronics-international) [Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) [Farzad (Zod) Nazem](https://millionrounds.com/fund/farzad-zod-nazem) [Jerry Yang](https://millionrounds.com/fund/jerry-yang) [Aaron Levie](https://millionrounds.com/fund/aaron-levie) [Ruchi Sanghvi](https://millionrounds.com/fund/ruchi-sanghvi) Mike Frandsen

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **2** rounds

[AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) VC firm **2** rounds

[Flextronics International](https://millionrounds.com/fund/flextronics-international) Growth equity **2** rounds

[Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) VC firm **1** round

[Farzad (Zod) Nazem](https://millionrounds.com/fund/farzad-zod-nazem) VC firm **1** round

[Jerry Yang](https://millionrounds.com/fund/jerry-yang) VC firm **1** round

[Aaron Levie](https://millionrounds.com/fund/aaron-levie) VC firm **1** round

[Ruchi Sanghvi](https://millionrounds.com/fund/ruchi-sanghvi) VC firm **1** round

Mike Frandsen 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=elementum).

## Quick answers about Elementum

### Who invested in Elementum?

Elementum's investors include Lightspeed Venture Partners, AME Cloud Ventures, Flextronics International, Fontinalis Partners and Farzad (Zod) Nazem, and 4 more on record.

### How much has Elementum raised?

Elementum has raised $67M across 3 rounds since 2012. One round did not disclose an amount, so the total is a floor.

### When did Elementum last raise?

Elementum's most recent round was a Venture in Sept 2025.

### What was Elementum's biggest round?

Elementum's largest round on record is $50M (Series B), in Feb 2014.

### Who backed Elementum first?

Elementum's first round on record, in Oct 2012, was backed by Flextronics International.

### What stage is Elementum at?

Elementum's latest named round is a Venture, in Sept 2025.

### Where is Elementum based?

Elementum is based in the United States.

## Companies like Elementum

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Tasklet** $13M · Oct 2026](https://millionrounds.com/company/tasklet)[**VEIR** $185M · Oct 2026](https://millionrounds.com/company/veir)[**Namespace** $42M · Oct 2026](https://millionrounds.com/company/namespace)[**Lambda** $6.8B · Oct 2026](https://millionrounds.com/company/lambda)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
