Elastics Raises $2 Million in Oversubscribed Pre-Seed Round Led by Frst

Elastics announced a $2 million pre-seed round, described previously as oversubscribed, to support its AI prediction market platform. The new release says the round was led by First VC and included angel investors from ElevenLabs, XBTO, RedStone and a16z Scout Fund. Elastics said it is building an AI-native operating system for prediction markets that allows users to trade in natural language while AI agents execute orders. The new information adds investor names and a clearer product description to the earlier fundraising announcement.

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