Riot
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | 3.3m | 7.1m | 14.2m | 39.2m |
% growth | - | 116 % | 99 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
$5.0m | Early VC | ||
Total Funding | $5.0m |
Related Content
Recent News about Riot
EditElement is a company that specializes in providing secure communication and collaboration solutions through its end-to-end encrypted messenger and collaboration app. The company operates in the digital communication and cybersecurity market, serving a diverse range of clients including educational institutions, defense organizations, healthcare providers, and government entities. Element's core product leverages the open Matrix network, which allows for interoperability and secure, decentralized communication. The business model includes offering both self-hosted solutions for digital sovereignty and hosted services through Element Matrix Services. Revenue is generated through subscriptions and service fees for hosting and enterprise functionalities. Element's mission is to ensure privacy and data control in an increasingly centralized internet landscape, adhering to the principles of the UN Declaration of Human Rights. Key features include end-to-end encryption, cross-signed device verification, data sovereignty, federation, and support SLAs.
Keywords: encrypted messenger, secure collaboration, digital sovereignty, Matrix network, data control, interoperability, decentralized communication, enterprise solutions, privacy protection, open source.