Company profile: Element
1.1 - Company Overview
Company description
- Provider of secure, self-sovereign chat and collaboration solutions built on the open Matrix protocol, offering services for custom development, prioritised roadmap development, support contracts, and commercial Matrix products. Enables governments, businesses, and individuals to run their own secure communication infrastructure interconnected via the global Matrix network.
Products and services
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Key contacts
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Financial details
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1.2 - Competitors and similar companies to Element
TextPlus
HQ: United States
Website
- Description: Provider of a mobile communications service enabling free texting, calling, and sharing. Offers unlimited free SMS/MMS to any US or Canada number without a carrier plan, domestic and international calling from 2¢/min, a free phone number, group chats with non-app users, unlimited free voicemail, and photo and media sharing.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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TalkShoe
HQ: United States
Website
- Description: Provider of a podcast and live conversation platform offering a Creator Studio for recording, scheduling, live streaming, and audience interaction; unlimited hosting with secure backup; distribution via built-in RSS; monetization through programmatic ads with upcoming sponsorships and merchandising; analytics on listener engagement; and episode transcription.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full TalkShoe company profile →
DatChat
HQ: United States
Website
- Description: Provider of blockchain, cybersecurity, and social media technology focused on privacy and media platforms, offering tools that protect users’ information even after it has been shared or sent.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full DatChat company profile →
Platester
HQ: United States
Website
- Description: Provider of Platester, a messaging platform that enables users to send messages to anyone, anywhere, anytime using their license plate.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Platester company profile →
Kik
HQ: Canada
Website
- Description: Provider of a chat app that lets users connect with friends, groups, and the world around them through chat, including people, services, and businesses.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Kik company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Element
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Buyer group 1: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Element
2.2 - Growth funds investing in similar companies to Element
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4 - Top valuation comps for Element
4.2 - Public trading comparable groups for Element
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