Electric
IT powers work. Electric powers IT.
IT powers work. Electric powers IT.
Electric, with the slogan "IT powers work. Electric powers IT.," is a US-based startup founded in 2016. The company provides small and medium-sized businesses with comprehensive IT and security solutions. Their best-in-class software, tailored for SMBs, aims to eliminate the complexities and costs associated with Managed Service Providers (MSPs), allowing transparent and confident IT and security management. Electric's mission is to equip businesses with the insights and tools necessary to ensure reliable IT operations, regardless of their expertise level. The Electric IT Hub centralizes IT and security management, enabling businesses to focus on growth. The company recently secured a notable $23.35M Series D investment on 29 March 2022 from Slack Fund, Harmonic Growth Partners, J.A.S Ventures. Electric operates in the industries of Cyber Security, IT, Information Technology, and SaaS.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series D | $23.35M | 3 |
|
29 Mar 2022 |
| Series D | $90.00M | 10 |
|
19 Oct 2021 |
| Series C | $40.00M | 7 |
|
23 Feb 2021 |
| Series B | $7.00M | 2 |
|
18 May 2020 |
| Series B | $14.50M | 2 |
|
10 Mar 2020 |
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