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Summary*

Element AI, founded in 2016 and headquartered in Santa Clara, California, is a company specializing in artificial intelligence (AI) software development. The company offers end-to-end advisory services, AI enablement tools, and products designed to help large organizations operationalize AI and create real business impact. With a focus on practical AI applications, Element AI has positioned itself as a notable player in the rapidly growing AI industry.

Since its inception, Element AI has successfully raised a total of $257.14 million in funding, demonstrating significant investor interest in the company's potential. This substantial funding has likely contributed to the company's growth and development of its AI-based solutions.

It's important to note that in November 2020, Element AI was acquired by ServiceNow, a major cloud computing company. This acquisition has likely had a significant impact on the company's operations and future prospects. Given this development, the likelihood of Element AI pursuing an initial public offering (IPO) as an independent entity is uncertain.

As of now, we have not found any concrete news or reports regarding Element AI's IPO prospects. The company's current status as a subsidiary of ServiceNow may influence any potential decisions regarding going public. Investors interested in Element AI's technology and market position may want to keep an eye on ServiceNow's stock and financial performance, as it now encompasses Element AI's operations.

While the AI industry continues to grow and attract investor attention, Element AI's specific path forward as part of ServiceNow remains to be seen. As always, potential investors should conduct thorough research and consider multiple factors before making any investment decisions.

How to invest in Element AI

While Element AI's IPO prospects remain uncertain, investors eager to gain exposure to promising AI companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the artificial intelligence sector. Our platform allows you to diversify your portfolio with lower minimum investments in emerging tech innovators, potentially benefiting from their growth before they go public.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.