What is Elastic?
Search AI, observability, and security platform built around Elasticsearch.
- Category
- Search, observability, and security software
- Headquarters
- Amsterdam, Netherlands and Mountain View, CA
- Founded
- 2012
- Employees
- 4,019
- Revenue
- $1.739B FY2026 revenue
- Status
- Public company (NYSE: ESTC)
What is Elastic?
Elastic is a search, observability, and security software company with $1.739B FY2026 revenue. Its current status is Public company (NYSE: ESTC).
Elastic is a search, observability, and security software company headquartered in Amsterdam, Netherlands and Mountain View, CA. Elastic provides Elasticsearch, Kibana, and Elastic Cloud for search, log analytics, observability, security analytics, and AI retrieval use cases. As of June 2026, the most useful scale markers are $1.739B FY2026 revenue, 4,019 employees, and status as Public company (NYSE: ESTC).
Its product surface includes Elasticsearch, Kibana, Elastic Cloud, Elastic Observability, Elastic Security, and the buyer is usually a functional operating team rather than a single software administrator. Enterprise and developer users across cloud, search, observability, and security workloads. For sellers, the account should be mapped by workflow: product owners, finance, security, procurement, IT, and the executive sponsor will care about different parts of the platform and business case.
What does Elastic offer?
Elastic's main offerings include Elasticsearch, Kibana, Elastic Cloud, Elastic Observability, Elastic Security, Search AI Platform.
- Elasticsearch· Core
- Kibana· Core
- Elastic Cloud· Adjacent
- Elastic Observability· Adjacent
- Elastic Security· Adjacent
- Search AI Platform· Adjacent
- Serverless· Adjacent
How does Elastic make money?
Elastic monetizes through subscription revenue from Elastic Cloud, self-managed licenses, support, consumption, and enterprise security/search features.
Elastic makes money from subscription revenue from Elastic Cloud, self-managed licenses, support, consumption, and enterprise security/search features. Growth is driven by new customers, expansion into more modules, usage or seat growth, retention, and the company's ability to prove measurable workflow ROI.
Elastic publishes usage-based cloud pricing with self-managed subscriptions and Elastic Cloud consumption; enterprise terms vary by deployment, data volume, support, security features, and cloud marketplace route. Public pricing, where available, is only the entry point; larger customers usually negotiate around volume, service levels, implementation, security, data, and renewal terms.
For sales teams, that means discovery should connect to a revenue or cost line the company already manages: attach rate, workflow automation, compliance risk, support burden, cloud cost, data quality, productivity, or customer retention.
Who leads Elastic?
Elastic is led by Ashutosh Kulkarni, with finance, product, technology, and operating leaders supporting the company.
- Ashutosh KulkarniChief Executive OfficerCEO since 2022Leads Elastic's Search AI, observability, and security strategy.
- Shay BanonFounder and Chief Technology OfficerFounder since 2012Creator of Elasticsearch and core technology leader.
- Janesh MoorjaniChief Financial OfficerCFOLeads finance and investor relations.
- Ken ExnerChief Product OfficerProduct executiveOwns product strategy across search, observability, security, and AI.
How do you contact Elastic's leadership?
Elastic publishes official routing contacts; personal executive emails are not treated as verified unless published by the company.
Official routing: ir@elastic.co; personal executive format not verifiedHow much funding has Elastic raised?
Elastic's current capital status is Public company; IPO in 2018; latest valuation/status is Public market capitalization varies.
Elastic's capital history is best understood through public-market or acquisition events rather than a current private venture-round ladder. The current status is Public company (NYSE: ESTC); the latest scale marker is $1.739B FY2026 revenue; and the valuation/status signal is Public market capitalization varies.
Major capital milestones include: 2018 IPO (Elastic becomes public after venture funding from Benchmark, Index Ventures, and NEA.) 2026 FY2026 annual results ($1.739 billion revenue and strong profitability form the current public capital signal.) 2026 Public cloud growth (Elastic guides FY2027 revenue near $2.0 billion, emphasizing sales-led subscription and cloud growth.) This profile does not invent private valuations where the relevant current signal is public trading, a completed take-private, or a strategic acquisition.
For sellers, funding status is a procurement signal. Public or newly private software companies can have meaningful budgets, but larger purchases still require a sponsor, security review, procurement process, finance approval, and a business case tied to an active operating priority.
How did Elastic get here?
Elastic's path runs through founding, platform expansion, public-market or transaction milestones, and current operating scale.
- 2012FoundedShay Banon and co-founders create Elastic around Elasticsearch.
- 2015Elastic CloudThe company expands managed cloud deployment options.
- 2018IPOElastic lists publicly on NYSE under ESTC.
- 2021Security and observability expansionElastic grows beyond search into observability and SIEM/security.
- 2024Search AI positioningElastic emphasizes vector search, retrieval, and AI applications.
- 2026FY2026 resultsElastic reports $1.739 billion revenue and 4,019 employees.
Who are Elastic's competitors?
Elastic competes with focused category vendors, suite incumbents, and workflow platforms that overlap with its buyer surface.
- SplunkMachine-data analytics and security platform with large enterprise SIEM footprint.
- DatadogCloud observability platform with metrics, logs, traces, security, and APM.
- OpenSearchOpen-source search and analytics project supported by AWS and others.
- New RelicObservability platform focused on telemetry, APM, and digital experience.
- Grafana LabsOpen observability stack around Grafana, Loki, Tempo, and Prometheus.
- Sumo LogicCloud-native logs, observability, and security analytics platform.
Elastic — frequently asked questions
