Elm AI
9 known investors
Elm AI provides an AI-native platform that automates responsible sourcing and supplier operations tasks such as supplier questionnaires, audit review, corrective action plans, adverse media monitoring, and due diligence. It serves responsible sourcing and supplier operations teams, consolidating supplier data and delivering ranked risk lists with recommended actions.
Founders & leadership
Investors · 9
Beta BoomSalt Lake City · $150K – $350K
Entrepreneurs Roundtable Accelerator (ERA)New York · $100K – $2M
Very Serious VenturesLynnwood
Working Capital FundWashington
Boro CapitalreportedNew York · $250K – $500K
Also in the syndicate · 4
Beta Boom FundleadGorges VenturesTextbook VenturesThe Bond Collective
Funding
SEC filings, press & company announcements$2M disclosed across 1 of 2 rounds · 2025
- Undisclosed amountSeed FundingApr 2025Source ↗
- $2MraisedApr 2025 · 2 sources
Beta Boom Fund (lead), Working Capital Fund (lead), Boro Capital Partners, Gorges Ventures, Textbook Ventures, The Bond Collective, Very Serious Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Elm AI do?
- Elm AI provides an AI-native platform that automates responsible sourcing and supplier operations tasks such as supplier questionnaires, audit review, corrective action plans, adverse media monitoring, and due diligence. It serves responsible sourcing and supplier operations teams, consolidating supplier data and delivering ranked risk lists with recommended actions.
- Who founded Elm AI?
- Elm AI was founded by Advait Raykar, Ken He, Aparajita Thakker.
- Who are Elm AI's investors?
- Elm AI's investors include Beta Boom, Entrepreneurs Roundtable Accelerator (ERA), Very Serious Ventures, Working Capital Fund, Boro Capital.
- How much funding has Elm AI raised?
- Elm AI has disclosed $2M raised across 1 of its 2 known rounds.