Elo Life
Durham, US · Founded 2021 · 5 known investors
Find your way into Elo Life
200 people in our graph share verified history with the Elo Life team — schools, employers, funds. One of them is your warm intro.
David Phuunlockedknows Matt DiLeo · together at University of California, Davis (overlapped)
×3knows the team · via University of California, Davis
×8knows the team · via University of Oklahoma
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.
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Todd
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Michele FiteinExecutiveMichele Fite held executive leadership roles at major food companies including DuPont (where she managed a $3.5 billion nutrition and health business), Solae, and Kerry, as well as FoodTech startups including Motif FoodWorks as Chief Commercial Officer. She now serves as an executive officer at Elo Life and provides advisory and board leadership to early-stage nutrition and food technology companies.
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Matthew Todd RandsExecutive
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Chloe PavelyinChief Operating Officer
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Matt DiLeoinVice President, R&D2022–2026Matt DiLeo brings over 20 years of experience in computational discovery, genetic engineering, and molecular biology, along with 15+ years building R&D teams and commercializing biotechnology products. At Elo Life, he serves as Director overseeing the development of plant-based food ingredients and technologies for nutritional enhancement and crop resilience.
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Fayaz KhaziNamed on SEC filing
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Kartik DharmadhikariNamed on SEC filing
Board
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Megan PhelanBoard director
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Stephen Van HeldenBoard director
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Investors · 5
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)
▶$5.4MraisedFeb 2026 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$10.3MraisedJan 2024 · 14 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$11.5MraisedDec 2021 · 23 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- 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.