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Founded Year

2016

Stage

Seed | Alive

Total Raised

$7M

Last Raised

$7M | 9 yrs ago

About Elefant

Elefant is a data science Fintech focused on building smarter marketplaces through advanced analytics and abundant capital. Elefant has two operating companies: Elefant Sciences (data science) and Elefant Markets (FINRA regulated broker-dealer). Elefant Markets utilizes proprietary technology to provide liquidity, as principal, to asset managers in the corporate bond market.

Headquarters Location

225 North 400 West # 106

Salt Lake City, Utah, 84103,

United States

833-353-3268

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Expert Collections containing Elefant

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Elefant is included in 3 Expert Collections, including Capital Markets Tech.

C

Capital Markets Tech

1,001 items

Companies in this collection provide software and/or services to institutions participating in primary and secondary capital markets: institutional investors, hedge funds, asset managers, investment banks, and companies.

F

Fintech 100

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

F

Fintech

9,295 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Latest Elefant News

EleFant raised $750K Seed funding from Venture Catalysts and Malpani Ventures

Jul 4, 2024

With the help of several well-known investors and family offices, EleFant, a mobile app-based toy library, has raised Rs 6 crore (roughly $750K) in its seed round, which was co-led by Venture Catalysts and Malpani Ventures. Investors from a list of companies participated in the funding round: Jyothi Pradhan, CEO of Kurlon Industries; Agre Global FZE; Growth 91/Growth Sense; IVY Growth; and Serious One Capital. In addition to investing in data analytics to better understand and serve its customers, EleFant stated in a press release that the proceeds will be utilized to optimize its supply chain, cutting costs and delivery times. EleFant was founded by Sourabh Jain and provides a wide range of books and toys for kids ages 0 to 12 from more than 70 renowned brands, offering more than 600 options. It is impressive that in less than ten months since its launch, the EleFant has amassed over 13,000 registered users and 1000 fully paid subscribers. Through its creative Librarian Model, the platform also empowers women who work from home as entrepreneurs. At present, there are more than fifty-two librarian centres in India. The librarians oversee the inventory of toys and arrange for local exchanges. They receive a fixed salary, encourage sustainable play, and serve as brand representatives.

Elefant Frequently Asked Questions (FAQ)

  • When was Elefant founded?

    Elefant was founded in 2016.

  • Where is Elefant's headquarters?

    Elefant's headquarters is located at 225 North 400 West, Salt Lake City.

  • What is Elefant's latest funding round?

    Elefant's latest funding round is Seed.

  • How much did Elefant raise?

    Elefant raised a total of $7M.

  • Who are Elefant's competitors?

    Competitors of Elefant include Q4, Axoni, New York Shipping Exchange, IEX, Capitolis and 7 more.

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