Electric AI
Latest round
- Series D
Last raised
- Mar 2022
Total raised
- $208M
Investors
- 15
About Electric AI
Electric AI, Inc.Founded in 2016 in New York, US, Electric AI, Inc. develops a comprehensive IT management platform. The firm is co-founded by James Rich, Mark Payne, Reese Ormand, and Ryan Denehy, with Alain De Vos as the current CEO.Electric offers a unified IT management platform tailored for small to medium-sized businesses (SMBs). Its product suite includes mobile device management (MDM), cybersecurity solutions, and automated employee management, all designed to enhance visibility and control over IT operations.Electric operates on a subscription-based revenue model aimed at B2B clients, utilizing a pay-per-user pricing structure. This model allows businesses to flexibly scale their IT management services as needed, ensuring clients can access critical tools such as MDM and cybersecurity solutions while optimizing their operational workflows.35 mn, the company plans to leverage these funds to expand into new markets and verticals. The strategic focus will likely include targeting regions beyond its current footprint in North America and Europe. Electric AI aims to enhance its product offerings and market presence, paving the way for sustained development and service enhancements.
Who invested in Electric AI
15 investors across 9 rounds
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Funding rounds
Series D
Mar 24, 2022
Amount
$23M
Investors
Series D
Oct 19, 2021
Amount
$90M
Investors
Series C
Feb 23, 2021
Amount
$40M
Investors
Series B
May 8, 2020
Amount
$6M
Investors
Series B
Mar 6, 2020
Amount
$15M
Investors
Series B
Jan 8, 2019
Amount
$23M
Investors
Series A
Mar 14, 2018
Amount
$9.3M
Investors
Seed
Sep 22, 2017
Amount
$1M
Investors
Seed
Sep 30, 2016
Amount
$1M
Investors
Questions about Electric AI
Who invested in Electric AI?
Electric AI has 15 investors on record across 9 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Electric AI raised?
Electric AI has raised 9 venture rounds. Sign up free to see how much each round raised and the total.
When did Electric AI last raise money?
Electric AI's most recent round on record is a Series D, in Mar 2022.
What does Electric AI do?
Electric AI is a it infrastructure company.
Where is Electric AI headquartered?
Electric AI is headquartered in New York, US.
Which VCs invest in companies like Electric AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it infrastructure companies at Electric AI's stage. Their profiles are linked below.
VCs backing it infrastructure startups at Series D
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