Element5, a San Jose, Calif.-based startup building Homecare’s first Automation Hub, closed a $2.5m seed funding round.
The backers were not disclosed.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in late 2019 Joe Randesi, CEO, Eric Gordon, Chief Revenue Office, Murali Vivenankandan, CTO, and Bhavani Raman, COO, Element5 provides automation-as-a-service solutions to Homecare and Hospice providers. The technology is built on the foundation of artificial intelligence (AI) and robotic process automation (RPA) and delivers end-to-end automations for key workflows.
The company also has offices in Chennai, India.