Market Expansion Elucidate has recently expanded its operations to Miami, Florida, indicating a strategic move to tap into the US financial services market, providing opportunities to offer tailored risk management solutions to North American financial institutions.
Innovative Offerings The launch of a standardized and transparent financial crime risk pricing product positions Elucidate as a key player for clients seeking fair and comparable risk assessment tools, opening doors for sales in compliance-focused institutions.
Funding Confidence With an accumulated funding of $8 million from prominent investors including AV8 Ventures and Elevator Ventures, Elucidate demonstrates strong investor backing, signaling stability and growth potential to prospective clients seeking reliable risk management partners.
Technology Stack Utilizing advanced technologies such as blockchain, cloud platforms, and AI-oriented tools, Elucidate offers cutting-edge risk assessment solutions suitable for innovative financial institutions aiming to modernize their compliance processes.
Growth Potential Despite its relatively small team, Elucidate’s significant funding and recent product launches suggest rapid growth and agility, making it an attractive partner for clients looking for innovative, scalable financial crime risk solutions.
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$1MElucidate uses 8 technology products and services including Blockchain, Google Docs, Google Cloud, 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 ServicesGermany11-50 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 estimated to be in the range of $1M$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 estimated to be in the range of $1M$10M
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