M&A
Boomi acquires Israeli data observability startup Elementary for $40-45M
Key Facts
Signal Type
M&A
Industry
AI & Data
Companies
Boomi, Elementary Data, Rivery, Lunar.dev, TLV Partners
Date
October 19, 2026
Boomi, a platform connecting data, applications, and systems for over 30,000 customers, has acquired Elementary Data for approximately $40-45 million. Elementary develops data observability software that monitors the quality, governance, and reliability of information used by AI agents and enterprise systems. The acquisition includes all 17 employees, who will join Boomi's growing Israeli operations.
Elementary's 1,500+ data teams, including customers like Fiverr and Patagonia, as well as its open-source community of 4,000 members and 1.1 million monthly downloads, will see continued support under Boomi. Competitors in data observability and integration spaces may face increased pressure as Boomi deepens its AI-ready data stack.
How Boomi integrates Elementary's open-source project and retains community trust will be key. The enlarged product portfolio may enable Boomi to upsell data observability to its existing 30,000 customers. Watch for competitive responses from Monte Carlo, Bigeye, and other observability players.
Source:
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