US Firm Boomi Acquires Israeli Startup Elementary Data for $43 Million
Translated & summarized from TheMarker by baba
American software company Boomi has acquired Israeli startup Elementary Data for $43 million in a cash and stock deal. Elementary Data specializes in data monitoring and quality control platforms. This is Boomi's third acquisition in Israel in two years, intended to bolster data reliability for AI agents. The startup had previously raised $8.5 million and had 17 employees.
The story in 5 lines · by baba
- Boomi acquired Elementary Data for $43 million in cash and stock.
- Elementary Data developed a platform for data monitoring and quality control.
- This is Boomi's third acquisition in Israel within the past two years.
- The acquisition aims to strengthen data reliability for AI agents.
- Elementary Data had previously raised $8.5 million and employed 17 people.
American software company Boomi has acquired Israeli startup Elementary Data for $43 million, with half the payment in cash and the other half in Boomi stock. Elementary Data developed a platform for data monitoring and quality control. This marks Boomi's third acquisition in Israel within the past two years, following its purchases of Revere in December 2024 and Lunar in July 2026. Boomi stated the acquisition aims to enhance data reliability, particularly for AI agents. Elementary Data, which had raised $8.5 million, employed 17 people before the acquisition.
