Element5

Software DevelopmentSan Jose, California, United StatesFounded 2019190 employees$48M raised

Element5 sells automation software for post-acute care providers to handle eligibility, authorization and revenue cycle management. The San Jose-based company has 190 employees and raised $48M in a Series B round in May 2022.

Employees
190
Total raised
$48M
Last: Series B
Open roles
1
0% vs last year
Site visitors
9K
per month
Alumni founders
4
companies started

The growth story

Element5 headcount and funding190 people today
216$15M$30M190202120222023202420252026
Data by CrustdataCrustdata

Element5 grew from 49 to 190 employees between 2021 and 2026, raising $48M along the way, most recently a Series B in May 2022.

About

Element5 builds software that automates administrative tasks for post-acute care providers, including eligibility checks, authorizations and revenue cycle management. Its tools aim to reduce staff workload and speed up care delivery.

The company has grown to 190 employees since its 2019 founding. It raised $48M in a Series B round in 2022 led by Insight Partners and Maxwell Investment Partners, suggesting strong investor confidence in its enterprise automation approach.

Founders and leadership

Engineering is Element5's largest function, accounting for 62 of its 190 employees. The company has maintained a median tenure of 4 years, indicating relatively low turnover for a startup.

The Element5 org chart

Joe Randesi (Co-Founder & CEO) leads 26 mapped leaders with 3 direct reports. Click +N to expand a team; names link to the person’s public profile.

Departments, and which ones grew

Headcount by functiongrowth vs 12 months ago
EEngineering
85-9%
QQuality Assurance
24+14%
PProduct Management
230%
IInformation Technology
120%
OOperations
9+13%
HHuman Resources
8-20%
PProgram and Project Management
7-22%
BBusiness Development
7-12%
AArts and Design
40%
Data by CrustdataCrustdata

Headcount by function: Engineering 85 (-9% YoY), Quality Assurance 24 (+14% YoY), Product Management 23 (0% YoY), Information Technology 12 (0% YoY), Operations 9 (+13% YoY), Human Resources 8 (-20% YoY).

Talent flow

Element5 recruits heavily from Indian IT services firms, with Ideas2IT Technologies, Cognizant and Tata Consultancy Services being its top talent sources. Alumni have moved to companies like Freshworks and Capgemini.

Where Element5 people come from, and where they go122 current + 91 former profiles
16 people: Ideas2IT Technologies → Element58 people: Cognizant → Element55 people: Tata Consultancy Services → Element54 people: DeVero → Element53 people: Netsmart → Element53 people: iOPEX Technologies → Element53 people: Wipro → Element52 people: Citi → Element53 people: Element5 → Freshworks2 people: Element5 → Capgemini1 people: Element5 → AMN Healthcare1 people: Element5 → Amaha1 people: Element5 → ITC Infotech1 people: Element5 → Nurturebox1 people: Element5 → Microsoft1 people: Element5 → AmnicElement5190 peopleCAME FROMWENT TOIdeas2IT Technologi…16 peopleCognizant8 peopleTata Consultancy Se…5 peopleDeVero4 peopleNetsmart3 peopleiOPEX Technologies3 peopleWipro3 peopleCiti2 peopleFreshworks3 peopleCapgemini2 peopleAMN Healthcare1 peopleAmaha1 peopleITC Infotech1 peopleNurturebox1 peopleMicrosoft1 peopleAmnic1 people
Data by CrustdataCrustdata

Most common previous employers of Element5 staff: Ideas2IT Technologies (16), Cognizant (8), Tata Consultancy Services (5), DeVero (4), Netsmart (3), iOPEX Technologies (3). Former Element5 employees most often moved to Freshworks (3), Capgemini (2), AMN Healthcare (1), Amaha (1), ITC Infotech (1), Nurturebox (1).

Alumni worth knowing

The Element5 mafia

Four Element5 alumni have founded companies, including Legacyleap, which has grown to 22 employees, and Yalabs Solutions with 5 staff.

Rajat SinghalMathiarasan SankaramoorthyJared RosenBalaji T.4
founders left Element5 and started 4 companies, employing 32 people between them

22 employees
Rajat Singhal, was Chief Technical Architect until 2022
5 employees
Mathiarasan Sankaramoorthy, was Associate Technical Architect until 2024
3 employees
Jared Rosen, was Board Member until 2026
Balaji T., was Delivery Leadership - Intelligent Automation until 2022

Web traffic

e5.ai monthly visitors-2% month over month
1,7687,35212,9359,382202420252026
Data by CrustdataCrustdata

Traffic mix: 0% direct, 0% search, 0% social, 0% paid.

What this company is made of

Headcount by skillwhat people list on their profiles
JJava
53
UUiPath
51
SSQL
48
RRobotic Process Automation (RPA)
43
PPython (Programming Language)
39
JJavaScript
32
CCascading Style Sheets (CSS)
28
AAgile Methodologies
27
HHTML
26
LLeadership
26
Data by CrustdataCrustdata

Most common skills at Element5: Java (53), UiPath (51), SQL (48), Robotic Process Automation (RPA) (43), Python (Programming Language) (39), JavaScript (32), Cascading Style Sheets (CSS) (28), Agile Methodologies (27).

Where the team actually sits

Headcount by regionHQ: San Jose, California, United States
TTamil Nadu, India
95
TTexas, United States
8
GGreater Chennai Area
2
UUnited States
2
MMaharashtra, India
1
CCalifornia, United States
1
SSan Francisco Bay Area
1
GGeorgia, United States
1
Data by CrustdataCrustdata

Element5 people are concentrated in Tamil Nadu, India (95), Texas, United States (8), Greater Chennai Area (2), United States (2).

Search footprint

Organic clicks
411
per month
Traffic worth
$0K
if bought as ads
Ranking keywords
129

Element5 attracts about 411 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 24 ranking keywords and lost 14 in the last period.

What employees say

Compensation
3.80 / 5
Career opportunities
3.70 / 5
Senior management
3.60 / 5
Work-life balance
3.70 / 5

Frequently asked

How many employees does Element5 have?

Element5 has 190 employees as of September 2026.

How much has Element5 raised?

Element5 has raised $48M in total, most recently a Series B round in May 2022.

Who founded Element5?

Element5 was founded in 2019 by Eric Gordon, Joe Randesi, Bhavani Raman.

Who is the CEO of Element5?

Joe Randesi (Co-Founder & CEO) sits at the top of Element5's reporting structure, with 3 direct reports.

Where does Element5 hire from?

The most common previous employers of current Element5 staff are Ideas2IT Technologies (16 people), Cognizant (8 people), Tata Consultancy Services (5 people).

Where do Element5 employees go after leaving?

Former Element5 employees most often move to Freshworks (3), Capgemini (2), AMN Healthcare (1).

What companies were founded by ex-Element5 employees?

At least 4 companies have a founder who previously worked at Element5, including Legacyleap, Yalabs Solutions, IO Capital.

How much traffic does Element5 get from search?

Element5 attracts about 411 organic search visits a month, worth roughly $0K a month in equivalent ad spend.

What skills do people at Element5 have?

The most common skills among Element5 staff are Java, UiPath, SQL, Robotic Process Automation (RPA), Python (Programming Language).

Where is Element5's team located?

Element5 staff are concentrated in Tamil Nadu, India (95), Texas, United States (8), Greater Chennai Area (2).

How big is Element5's engineering team?

Element5 has about 85 people in Engineering, down 9% over the past year, as of September 2026.

How big is Element5's quality assurance team?

Element5 has about 24 people in Quality Assurance, up 14% over the past year, as of September 2026.

Computed from 122 current and 91 former Element5 profiles, as of September 2026. Source: Crustdata.

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