Fundraising Fox
Element3 Health
Boston, US · Founded 2018 · 39 employees on LinkedIn · 2 known investors
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Element3 Health offers Grouper, a program that connects older adults through in-person clubs, live and on-demand virtual instructor-led classes, brain-health challenges, and members-only online events to encourage activity, social connection, and healthier living. It targets the aging and wellness market for seniors.
Founders & leadership
DN
David NorrisChief Executive OfficerDavid Norris founded Boardroom Venture Partners, a venture firm pairing operators and post-exit founders with portfolio companies; previously built and exited multiple companies including MD Insider (acquired by Accolade), BlueCava (acquired by Adstra), and Element3 Health, with background spanning technology, healthcare, enterprise software, and digital media.
JL
Jonathan LaneNamed on SEC filing
Board
SS
Steve ShulmanBoard director
LL
Lawrence LeisureBoard director
SM
Spencer MorganBoard director
JG
JD GhelfiBoard director
KG
Ken GouletBoard director
Investors · 2
Reported raises · per SEC filings
Form D private placements$37.6M disclosed across 4 rounds · 2022–2025
▶$2.9MraisedSep 2025 · 4 investors · OtherRule 506(b)
▶$2.9MraisedSep 2025 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Spencer MorganDirector
- JD GhelfiDirector
- Doug WennersExecutive Officer, Director
- Jonathan LaneDirector
- Ken GouletDirector
- Steve ShulmanDirector
- Offering amount
- $5M
- Amount sold
- $2.9M
- First sale
- Sep 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$18.6MraisedOct 2024 · 12 investors · OtherRule 506(b)
▶$18.6MraisedOct 2024 · 12 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Lawrence LeisureDirector
- Ken GouletDirector
- Steve ShulmanDirector
- Doug WennersExecutive Officer, Director
- JD GhelfiDirector
- Spencer MorganDirector
- Offering amount
- $23.6M
- Amount sold
- $18.6M
- First sale
- Oct 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$10.2MraisedJul 2024 · 10 investors · OtherRule 506(b)
▶$10.2MraisedJul 2024 · 10 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Steve ShulmanDirector
- Lawrence LeisureDirector
- Doug WennersExecutive Officer, Director
- Ken GouletDirector
- Spencer MorganDirector
- JD GhelfiDirector
- Offering amount
- $13.5M
- Amount sold
- $10.2M
- First sale
- Jul 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6MraisedJul 2022 · 3 investors · Other TechnologyRule 506(b)
▶$6MraisedJul 2022 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Ken GouletDirector
- Jonathan LaneDirector
- Lawrence LeisureDirector
- Steve ShulmanDirector
- Spencer MorganDirector
- David NorrisExecutive Officer, Director
- JD GhelfiDirector
- Offering amount
- $11.3M
- Amount sold
- $6M
- Proceeds to insiders
- $1.1M
- First sale
- Jun 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Element3 Health do?
- Element3 Health offers Grouper, a program that connects older adults through in-person clubs, live and on-demand virtual instructor-led classes, brain-health challenges, and members-only online events to encourage activity, social connection, and healthier living. It targets the aging and wellness market for seniors.
- Who are Element3 Health's investors?
- Element3 Health's investors include New Enterprise Associates (NEA), Sorenson Impact Foundation.
- How much funding has Element3 Health raised?
- Element3 Health has disclosed $37.6M raised across 4 rounds.
- Where is Element3 Health headquartered?
- Element3 Health is headquartered in Boston, US.