Recent Expansion Elucidate recently expanded its offices to Miami, Florida, United States, indicating a strategic growth initiative. This expansion could lead to opportunities for partnerships and client acquisition in the US market.
Funding Round Elucidate secured $8 million in funding from AV8 Ventures and Elevator Ventures, showcasing investor confidence in the company's growth potential. This financial injection could support sales and marketing efforts to capitalize on expanding market opportunities.
Product Launch Elucidate introduced a standardized, transparent product for pricing financial crime risk, demonstrating a commitment to innovation and addressing market needs. This new product offering could attract clients seeking comprehensive risk assessment solutions.
Industry Expertise Elucidate onboarded financial crime expert David Lewis to its board, enhancing the company's credibility and industry reputation. Leveraging Lewis's expertise could open doors to engaging with key stakeholders and decision-makers in the financial services industry.
Competitive Landscape Elucidate's funding and market positioning in the financial crime risk management sector indicate a competitive edge. Positioning the company's solutions effectively against competitors like Cognito, ThreatMetrix, and AU10TIX could help capture market share and drive sales growth.
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$10M$50MElucidate uses 8 technology products and services including Hotjar, Google Docs, Asana, and more. Explore Elucidate's tech stack below.
| Elucidate Email Formats | Percentage |
| First@elucidate.co | 46% |
| Last@elucidate.co | 4% |
| First@elucidate.co | 46% |
| Last@elucidate.co | 4% |
Financial ServicesBerlin, Germany11-50 Employees
Build your risk data story. Get a unified view of financial crime risk exposure on the institution, customer, or transaction level, with Elucidate's customizable Risk Module Builder. Simplify your financial operations and finally speak the language of regulators.
Company Overview
Media & News
Funding & FinancialsElucidate has raised a total of $8M of funding over 4 rounds. Their latest funding round was raised on May 11, 2022 in the amount of $8M.
Elucidate's revenue is in the range of $10M
Funding & FinancialsElucidate has raised a total of $8M of funding over 4 rounds. Their latest funding round was raised on May 11, 2022 in the amount of $8M.
Elucidate's revenue is in the range of $10M
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