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Element Analytics

Element is a leading software provider in IT/OT data management, digitally enabling operations for industrial organizations.

Industrial data platform to power the IIoT transformation

Element Unify is a new class of enterprise software that brings IT and OT teams together on a single software solution, enabling the collaboration needed to build rich data context at scale with no-code, automated data pipelines. The end result is a single federated, contextualized source of data from which users can deliver high impact, enterprise-wide analytics that improve core business performance outcomes like asset flexibility, security, reliability, and cost in order to achieve cleaner, healthier, and more profitable operations.

Industrial systems produce huge amount of data, but efforts to move towards IIoT applications have long been hampered by poor data quality. Element unlocks the power of AI in the industrial environment by providing a platform that aggregates and contextualizes data from disparate IT and OT systems to produce actionable insights.


Oakland, CA
Focus Area
Digital Industry
Activate Team

David Lincoln

Managing Partner

David has been a prominent investor in venture and growth equity for 25 years and has founded and led multiple firms investing over $1 billion in energy and clean technology.

Prior to co-founding Activate, David was the founder and Managing Partner of Element Partners, an $860 million series of funds dedicated to a broad range of investments in clean technology. From 1996 to 2005, David was also a Co-Founder and Managing Director of EnerTech Capital, one of the first venture capital firms formed to invest specifically in the deregulation and transition of the global electric markets. From 1991 to 1996 David served as President and CEO of Deven Resources, Inc., a private equity firm dedicated to the acquisition and development of energy properties; and from 1984 to 1991, David was a partner with CMS Companies, a Philadelphia-based investment and financial services firm.

David has also been an active participant helping to shape federal policy for the venture capital and growth equity industry. As a board member of the National Venture Capital Association for four years, David chaired the NVCA Energy & Cleantech Committee and worked with policymakers to promote capital formation for technology companies focused on US energy efficiency and renewable energy technologies. In addition, as the 2014-15 Chair of the NVCA Growth Equity Group, David worked with industry participants, research firms and policymakers to establish and benchmark Growth Equity as a distinct asset class within private equity.

David holds a BA in Geology (with honors) from Colgate University, an MS in Energy Management and Policy from the University of Pennsylvania and is active in addressing the Philadelphia public schools’ crisis as an executive committee board member with City Year of Philadelphia.


Eric Meyer


Eric is a Principal at Activate, where he focuses on deal sourcing, due diligence, execution and supporting portfolio companies post-investment. He is a Board Observer at portfolio companies Voltus, Omnidian, PosiGen, Fictiv, Parsable and Element Analytics.

Prior to joining Activate, Eric was an Associate at ValueAct Capital, an activist hedge fund, where he covered investment ideas spanning several sectors including energy and industrials. Eric began his career as a business analyst at McKinsey & Company in their Silicon Valley office.

Eric holds a degree in Chemistry from Yale University and an MBA from the Wharton School of the University of Pennsylvania where he graduated as a Palmer Scholar. In his free time, Eric enjoys the combination of fresh air and healthy middle-aged competition by playing soccer and golfing during the summer and skiing in the winter.

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75 %

reduction in project costs by using no-code pipelines

5-10 %

increase in operating earnings for customers