Fundraising FoxElo Life
Durham, US · Founded 2021 · 5 known investors
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Elo develops plant-based food ingredients and technologies to enhance nutritional value, taste, and climate resilience in everyday foods. The company works on solutions ranging from novel sweeteners to crop preservation to address food sustainability challenges.
Founders & leadership
Elo Life was founded in 2021 by Todd.
Board
Investors · 5
How we know: DCVC (Data Collective)'s portfolio page · a partner's Signal profile · the VCSheet dataset · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: board seat on SEC Form D · funding news · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$27.2M disclosed across 3 rounds · 2021–2026
▶$5.4MraisedFeb 2026 · 5 investors · Other TechnologyRule 506(b)
- Megan PhelanDirector
- Stephen Van HeldenDirector
- Michele FiteExecutive Officer
- Matthew Todd RandsExecutive Officer, Director
- Chloe PavelyExecutive Officer
- Amount sold
- $5.4M
- First sale
- Jan 2026
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$10.3MraisedJan 2024 · 14 investors · Other TechnologyRule 506(b)
- Matthew DiLeoExecutive Officer, Director
- Stephen Van HeldenDirector
- Chloe PavelyExecutive Officer
- Alan BerryExecutive Officer
- Paul BoyerExecutive Officer
- Justin KernDirector
- Matthew RoszellExecutive Officer
- Joan BracaDirector
- Matthew Todd RandsExecutive Officer, Director
- Kiersten SteadDirector
- Michele FiteExecutive Officer
- Offering amount
- $25M
- Amount sold
- $10.3M
- First sale
- Jan 2024
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$11.5MraisedDec 2021 · 23 investors · Other TechnologyRule 506(b)
- Paul BoyerExecutive Officer
- Kiersten SteadDirector
- Justin KernDirector
- Fayaz KhaziExecutive Officer, Director
- Kartik DharmadhikariDirector
- Matthew DiLeoDirector
- Offering amount
- $24.5M
- Amount sold
- $11.5M
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Elo Life do?
- Elo develops plant-based food ingredients and technologies to enhance nutritional value, taste, and climate resilience in everyday foods. The company works on solutions ranging from novel sweeteners to crop preservation to address food sustainability challenges.
- Who founded Elo Life?
- Elo Life was founded by Todd in 2021.
- Who are Elo Life's investors?
- Elo Life's investors include DCVC (Data Collective), Accelr8, DCVC Bio, KdT Ventures, Novo Holdings.
- How much funding has Elo Life raised?
- Elo Life has disclosed $27.2M raised across 3 rounds.
- Where is Elo Life headquartered?
- Elo Life is headquartered in Durham, US.