Sweden · 
Who invested in Elsa?
Elsa's investors include SOSV, Bossa Invest, Endeavor Catalyst, Inventure and UOB Venture, and 3 more on record.
201820192020202120222023
$3.2MSeries A$7.0MSeries A$4.4MSeed$23MSeries C
Sweden · Series C startup
Who invested in Elsa
Funding summaryUpdated 26 Oct 2026
$38Mraised across 4 rounds since 2018, from 4 sources
$3.2MSeries A$7.0MSeries A$4.4MSeed$23MSeries C
- Latest round
- Series C, $23MSept 2023
- Step-upi
- 5.2×
- Investors
- 8
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series A, $3.2M Mar 2018
- Biggest round
- $23M Series C · Sept 2023
- Usual gap between rounds
- 22 months the median of 3
The rounds
- Sept 2023
- Nov 2021
- Feb 2019
- Mar 2018Series A$3.2M1 new
Reported by FinSMEsSEC filing: $3.1M sold, first sale Mar 2018
Founders and team
From Elsa's own website: 5 on the team.
- Akshaya AradhyaCTO
- Mansi SharmaVP, Growth & Marketing
- Matan CohenVP Finance
- Will PoleseGlobal VP of Revenue
- Charles WongGlobal Human Resources Director
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 A2018Series A2019Seed2021Series C2023
SOSV
Bossa Invest
Endeavor Catalyst
InventureUOB Venture
Norrsken VC
Monk's Hill VenturesGradient Ventures/ Monk’s Hill
SOSVBossa InvestEndeavor CatalystInventureUOB VentureNorrsken VCMonk's Hill VenturesGradient Ventures/ Monk’s HillEveryone who backed them
UOB VentureVC firm1round
Gradient Ventures/ Monk’s Hillno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 4 firms list Elsa as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Elsa
How much has Elsa raised?
Elsa has raised $38M across 4 rounds since 2018.
When did Elsa last raise?
Elsa's most recent round was a Series C of $23M in Sept 2023.
What was Elsa's biggest round?
Its most recent round, $23M in Sept 2023, is also its largest on record.
Who backed Elsa first?
Elsa's first round on record, in Mar 2018, was backed by Monk's Hill Ventures.
What stage is Elsa at?
Elsa's latest named round is a Series C, in Sept 2023.
Where is Elsa based?
Elsa is based in Sweden.
Companies like Elsa
In the same sector, and raised in the last eighteen months.
Find investors like these
Search every investor by what they have actually funded, then narrow to your stage and market. Free.