Electric AI Revenue and Competitors

Location

$208.8M

Total Funding

IT Security

Industry

Estimated Revenue & Valuation

  • Electric AI's estimated annual revenue is currently $391.8M per year.(i)
  • Electric AI received $25.0M in venture funding in January 2019.
  • Electric AI's estimated revenue per employee is $291,720
  • Electric AI's total funding is $208.8M.
  • Electric AI's current valuation is $1B. (March 2022)

Employee Data

  • Electric AI has 1343 Employees.(i)
  • Electric AI grew their employee count by 28% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$21.8M1453%$111MN/A
#2
$2104.4M101492%$750MN/A
#3
$45.5M28531%N/AN/A
#4
$9M69N/AN/AN/A
#5
$7.4M57N/AN/AN/A
#6
$8M0N/A$25.1MN/A
#7
$39.9M250N/AN/AN/A
#8
$2.3M23N/AN/AN/A
#9
$32.5M20412%N/AN/A
#10
$189.6M934N/AN/AN/A
#11
$1.4M28N/AN/AN/A
#12
$14.1M97N/AN/AN/A
#13
$2.6M26N/AN/AN/A
#14
$12.3M85N/AN/AN/A
#15
$280.5M14010%$261MN/A
#16
$7.8M6018%N/AN/A
#17
$18.6M12832%N/AN/A
#18
$3.7M32N/AN/AN/A
#19
$0.5M160%$2.7MN/A
#20
$56.7M313N/AN/AN/A
Add Company

Electric is a Series A startup backed by Bessemer Venture Partners, Bowery Capital and Primary Venture Partners. Led by a team of seasoned entrepreneurs, operators and technologists, Electric is the world's first all-in-one IT support solution for small and mid-size offices. Through a chat interface, personalized service and flat-rate pricing we keep your email, computers, Wi-Fi and software running smoothly at a fraction of the cost while eliminating headaches normally experienced with traditional managed service providers.

keywords:SaaS

$208.8M

Total Funding

1343

Number of Employees

$391.8M

Revenue (est)

28%

Employee Growth %

$1B

Valuation

N/A

Accelerator

Electric AI News

2022-04-17 - Japan researchers develop electric chopsticks to enhance ...

T), the chopsticks enhance tastes using electrical stimulation and a ... reduce the amount of salt we take," said Kirin researcher Ai Sato.

2022-04-17 - AI pilot to ease EV electricity demand

Canada's IESO, OEB, BluWave-ai and Hydro Ottawa will collaborate to pilot the use of artificial intelligence (AI) to coordinate electric...

2022-03-30 - Lightning strikes again as Electric hits unicorn status

Founder and CEO Ryan Denehy told TechCrunch that the startup has raised $20 million in what it's calling a Series D-1 from Harmonic Growth...

2021-10-20 - Electric Raises $90M in Series D Funding

Electric Series D Executive Team Electric, a NYC-based provider of IT technology for small and medium-sized businesses, raised $90M in Series D funding. The round, which brought total amount raised to over $189M, was led by existing investor GGV Capital with participation from existing investo ...

2021-10-19 - Electric, the IT platform for SMBs, raises $90 million Series D

Electric, makers of IT infrastructure software for SMBs, has been on a tear lately. The company announced the close of a $90 million Series D financing round today. GGV, an existing investor, led the round, with participation from other existing investors Bessemer, Primary Venture Partners, Gre ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$75M1343N/AN/A
#2
$308.2M13479%$123.3M
#3
$245.3M1348N/AN/A
#4
$574.3M1350-12%N/A
#5
$15M13523%N/A

Electric AI Funding

DateAmountRoundLead InvestorsReference
2016-11-18$2.0MUndisclosedMultipleArticle
2018-03-29$10.0MABessemer Venture PartnersArticle
2019-01-24$25.0MBGGV CapitalArticle