ElectronX
Latest round
- Series A
Last raised
- Nov 2025
Total raised
- $45M
Investors
- 13
About ElectronX
Founded in 2022 by Evan Caron and Philip Krim and based in Illinois, US, ElectronX, Inc. operates as a financial service platform that helps power market participants manage price risk. The company is developing a regulated electricity market that aims to provide precision risk management, volatility hedging opportunities, and monetization avenues for all energy market participants. The firm addresses electricity pricing issues by offering small-sized, short-duration products such as call spreads and binary options for hourly periods. These products are structured to manage electricity price risk against short-term volatility, making the market accessible to all users. ElectronX allows participants to engage without brokers or high capital requirements through an API and GUI, benefiting from granular contracts designed to fit intraday volatility and deep liquidity from a diverse participant base. The company’s market is designed to cater to a wide array of participants, including energy generation pioneers, high-volume energy consumers and providers, energy storage innovators, asset hedgers, and market speculators.
Who invested in ElectronX
13 investors across 2 rounds
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Questions about ElectronX
Who invested in ElectronX?
ElectronX has 13 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ElectronX raised?
ElectronX has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ElectronX last raise money?
ElectronX's most recent round on record is a Series A, in Nov 2025.
What does ElectronX do?
Founded in 2022 by Evan Caron and Philip Krim and based in Illinois, US, ElectronX, Inc.
Where is ElectronX headquartered?
ElectronX is headquartered in Chicago, US.
Which VCs invest in companies like ElectronX?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at ElectronX's stage. Their profiles are linked below.
VCs backing software startups at Series A
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