The Element Labs, Inc media kit
Element Labs, Inc in a few pages, for writers, partners and anyone curious: the facts, the people, the money, the products and the news. Put together by ToolGPA, not by Element Labs, Inc.
Media kit
Locally AI is now made by Element Labs, Inc., the New York company behind LM Studio, which announced in April 2026 that it had bought the app and taken on its creator. LM Studio is free for personal and work use, and the company sells enterprise plans.
Unofficial. Put together by ToolGPA from Element Labs, Inc’s own pages, news reports and our own grades, read Oct 18, 2026. Not made, paid for or approved by Element Labs, Inc. toolgpa.com
Part 01 · Company
Who they are, the facts in one place, and the people who run it
2022
The year Element Labs, Inc was founded, in New York
In a sentence
Locally AI is now made by Element Labs, Inc., the New York company behind LM Studio, which announced in April 2026 that it had bought the app and taken on its creator. LM Studio is free for personal and work use, and the company sells enterprise plans.
In a paragraph
Element Labs, Inc was founded in 2022 and is based in New York, USA. Yagil Burowski is its chief Executive Officer. It has raised $19,324,955 (per its Form D).
Free to quote. Please link to toolgpa.com so readers can check the facts.
Yagil Burowski
Chief Executive Officer
Adrien Grondin
Creator of Locally AI; leads work on native AI experiences
Its careers page lists seven open roles, all in New York City: four software engineering jobs plus a technical recruiter, an enterprise go-to-market role and a marketing role.
Part 02 · Funding
Every announced round, who put money in, and what it was last valued at
$19,324,955 (per its Form D)
Raised in total
No funding round has been announced on the company's own pages. Element Labs filed a Form D with the SEC on 30 May 2025 reporting an equity offering of $19,324,955 sold to 16 investors, first sold on 25 April 2025, which it says includes $3,965,000 of earlier convertible securities that converted in the offering.
Locally AI, as ToolGPA grades it: five subjects, a letter for each, and a GPA.
Free app that runs open AI models offline on iPhone, iPad and Mac
AI AssistantsFree plan4.7 on the App Store
Best for open AI models offline on an iPhone or Mac. It's free, and LM Studio owns it now, so your phone can borrow bigger models from your own computer.
Locally AI’s grade as a badge for its own site, free: it updates itself and links to the review. Code at toolgpa.com/badges.
Part 04 · News
What they have announced lately, and every official channel
7
Open roles on Element Labs, Inc's careers page
Only accounts Element Labs, Inc’s own site links to. No personal addresses.
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ToolGPA, "Element Labs, Inc Media Kit" (unofficial), read Oct 18, 2026. https://toolgpa.com/tools/locally-ai/company
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Compare tools at toolgpa.com ›This media kit is ToolGPA’s own summary of what Element Labs, Inc’s pages, news reports, investors’ announcements and public filings said on the dates shown, with our own grades. It is not made, paid for or approved by Element Labs, Inc, and Element Labs, Inc’s names and logos are trademarks of their owner. Grades are our judgement under the rules at toolgpa.com/grades. ToolGPA uses affiliate links and may earn a commission from them, and it works with sponsors; no one can pay for a grade. Product pictures are Element Labs, Inc’s own, from its website and app-store listings.
