Elements Technology
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Elements Technology (Elements Technology Platforms Ltd) was a Sheffield, UK startup founded by Dr Joe Handsaker that built software for manufacturing SMEs. Its first product, Elements Docket, let manufacturers track and manage production from anywhere using NFC technology — workers logged task starts and ends by tapping with their phones, with the data shown on a web dashboard — aiming to increase transparency and productivity without expensive hardware or complex MRP systems.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded and funded
Dr Joe Handsaker founded Elements Technology in January 2018; in March 2018 it won Digital Catapult's Industry 4.0 Hack and Pitch and later raised a 250,000-pound seed investment from the Northern Powerhouse Investment Fund (Mercia).
- Acquired by Authentise
In February 2022, Elements Technology was acquired by Authentise, per CB Insights.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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