Electric AI Stock
Information Technology For Business Management
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About Electric AI Stock
Electric is an information technology company that aims to help businesses manage their IT security, support, and devices. It features a software application platform that utilizes IT troubleshooting, systems administrations security, network management, and on-site assistance. Customers including Wheels Up, Boxed, and Mercari use Electric's IT platform.
The company was founded in 2016 and headquartered in New York, United States. Notable investors in Electric include Greenspring Associates, Bessemer Venture Partners, and Bowery Capital.
Investors
01 Advisors
Atreides Capital
Bessemer Venture Partners
Swiggy, PharmEasy, BigBasket, Pinterest, Snapdeal, Sila Nanotechnologies, ServiceTitan, Toast, Hinge Health, Box
Bowery Capital
mParticle, Electric AI, Transfix, ActionIQ, Wizeline, Premise Data
Charge Ventures
Dolik Ventures
Greenspring Associates
Quibi, Scopely, Workrise, Cohesity, Tipalti, Salsify, Grove Collaborative, Stash Financial, Blockdaemon, Aviatrix
Gunderson Dettmer
Harmonic Growth Partners
Primary Venture Partners
Noom, Electric AI, Alloy, Reonomy, Slice, MakeSpace, Wunderkind (formerly BounceX), MIRROR
Silicon Badia
Slack
Supernode Ventures
Two Culture Capital
Vintage Investment Partners
Cybereason, HoneyBook, Verbit, Yotpo, Formlabs, BlueVine, JFrog, BigID, Electric AI, Outbrain
Funding History
| November 2016 | $2.0M |
|---|---|
| October 2017 | $1.0M |
| March 2018 | $9.3M |
| January 2019 | $25.1M |
| May 2020 | $21.5M |
| February 2021 | $40.0M |
| October 2021 | $90.0M |
| March 2022 | $23.4M |
Management
Chief Executive Officer
Ryan Denehy
Chief Financial Officer
Andy Lazarus
Press
prnewswire - Nov, 16 2022
Electric Ranked Number 239th Fastest-Growing Company in North America on the 2022 Deloitte Technology Fast 500™prnewswire - Oct, 19 2021
Electric Raises $90M Series D to Automate IT for Small BusinessesCIO Dive - Jan, 12 2021
How far can a $1.4B IT budget go?CRN - Nov, 19 2020
Electric Acquires Fellow New York Firmtek - Sep, 22 2020
IT leaders burning out after months of supporting remote work and no PTOow - Jul, 6 2020
Electric CEO Ryan Denehy: The ChannelE2E Interviewow - May, 18 2020
IT Startup Electric Adds Another $7M to Latest Funding RaiseSilicon Angle - Mar, 10 2020
IT support solutions startup Electric.ai raises $14.5M from 01 AdvisorsEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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