Electric AI Revenue and Competitors

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Location

#1246

Growjo Ranking

IT Security

Industry

Estimated Revenue & Valuation

  • Electric AI's estimated annual revenue is currently $164.5M per year.(i)
  • Electric AI received $25.0M in venture funding in January 2019.
  • Electric AI's estimated revenue per employee is $259,080
  • Electric AI's total funding is $188.8M.

Employee Data

  • Electric AI has 635 Employees.(i)
  • Electric AI grew their employee count by 49% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$22.4M149-50%$111MN/A
#2
$2039.3M983520%$750MN/A
#3
$18.4M127N/AN/AN/A
#4
$9.1M63N/AN/AN/A
#5
$7.7M53N/AN/AN/A
#6
$8M0N/A$25.1MN/A
#7
$33.5M231N/AN/AN/A
#8
$3M21N/AN/AN/A
#9
$11.2M77N/AN/AN/A
#10
$125.1M863N/AN/AN/A
#11
$3.8M26N/AN/AN/A
#12
$12.9M89N/AN/AN/A
#13
$3.5M24N/AN/AN/A
#14
$11.5M79N/AN/AN/A
#15
$261.5M130617%$261MN/A
#16
$5.7M490%N/AN/A
#17
$13.8M9536%N/AN/A
#18
$4.4M30N/AN/AN/A
#19
$0.6M18-5%$2.7MN/A
#20
$41.9M289N/AN/AN/A

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

$188.8M

Total Funding

635

Number of Employees

$164.5M

Revenue (est)

49%

Employee Growth %

N/A

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
$104.8M63511%$61M
#2
$256.4M6355%N/A
#3
$214.3M635-4%N/A
#4
$105M6364%$117M
#5
$201.1M6360%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