Electric is an industry leader in providing world-class IT technology and real-time support for small and medium-sized businesses

Electric is on a mission to revolutionize IT by making it simple, accessible, and cost-effective for businesses everywhere.

Electric.ai was founded in 2016 by Ryan Denehy. The company is headquartered in New York, New York.


Electric simplifies IT for small businesses, giving them a single platform to view, purchase and manage their entire IT infrastructure, as well as real-time support to free them from daily IT tasks that drain resources.


Electric's IT platform includes: real-time support powered by 100+ IT technicians, security, device & inventory management, network & server management, application & cloud management, employee on-boarding and off-boarding, procurement & provisioning, and data monitoring & insights.


Electric currently supports over 1,000 customers and 45,000 end users across clients including: TrustRadius, Otter.ai, Boxed and TULA Skincare.


Electric is backed by Bessemer Venture Partners, Greenspring Associates, GGV Capital, 01 Advisors, Harmonic Growth Partners, Primary Venture Partner, Slack, Atreides Management, and others. The company $20M in Series D-1 round on Mar 29, 2022. This brings Electric's total funding to $208.8M to date. The latest round mints Electric a unicorn with a valuation of $1B post-money.



  • Year founded: 2016
  • Funding Info: $208.8M over 9 Rounds (Latest Funding Type: Series D-1)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $1B as of Mar 29, 2022
  • City/Town: New York
  • State: New York
  • Country: United States
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