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Element is a company operating in the insurance , information technology , marketing , finance , financial technology , insurance technology , technology , InsurTech , and property insurance industries. Founded in 2017 by Henning Grob , the company is headquartered in Berlin, Germany , at Hardenbergstraße 32 . Element's CEO is Jo Wetz , and its company status is active .
Element's last funding round raised USD 18,000,000 and was a Series B round that took place on June 25, 2020 . The company has received a total funding of USD 44,200,000 . Investors in Element include SBI , Activate Capital , PTB Ventures , Mundi Ventures , Jon Soberg , BoxGroup , and MS&AD Ventures .
The company has formed a strategic partnership with ICE BEAR TOKEN .