About Electric AI
Electric AI is a company based in New York (United States) founded in 2016 by Ryan Denehy. Electric AI has raised $211.11 million across 8 funding rounds from investors including Slack, Bessemer Venture Partners and Greenspring Associates. The company has 175 employees. Electric AI has completed 2 acquisitions, including Sinu and Techvera. Electric AI offers products and services including IT Platform, Device Management, Application Management, and Cybersecurity Solutions. Electric AI operates in a competitive market with competitors including ServiceNow, NinjaOne, BMC Software, ManageEngine and Metaplane, among others.
- Headquarter New York, United States
- Employees 175
- Founders Ryan Denehy
- Stage Unicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website electric.ai
- Social LinkedIn X Facebook Instagram
Products & Services of Electric AI
Electric AI offers a comprehensive portfolio of products and services, including IT Platform, Device Management, Application Management, and Cybersecurity Solutions.
Unified system for managing IT and security operations
Centralized control of business devices and provisioning
Automated handling of software and access controls
Protection against cyber attacks via integrated tools
Funding Insights of Electric AI
Electric AI has successfully raised a total of $211.11M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $23.35 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $211.11M
- Total Rounds 8
- Last Round Series D — $23.35M
- First Round $2M
(Oct 2016)
- Investors Count 13
All 8 funding rounds of Electric AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $23.35M | Series D | $1B | Harmonic, Bessemer Venture Partners | – |
| Oct 2021 | $90M | Series D | – | GGV Capital | |
| Feb 2021 | $40M | Series C | – | Greenspring Associates | |
| May 2020 | $20.46M | Series B | – | 01 Advisors | – |
| Jan 2019 | $25M | Series B | – | GGV Capital | |
| Mar 2018 | $9.3M | Series A | – | Bessemer Venture Partners | |
| Oct 2017 | $1M | Seed | – | – | – |
| Oct 2016 | $2M | Seed | – | Bowery Capital |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $1B | •••••••• |
Last known valuation $1B (Mar 2022). 13 investors in total: 12 institutional and 1 angel.
Investors in Electric AI
Electric AI has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Slack, Bessemer Venture Partners and Greenspring Associates.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Expansion-stage venture investing is offered by Harmonic Growth Partners. | – | harmonicgp.com | Chevy Chase, United States | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Diversified investment management firm | 2000 | greenspringassociates.com | Owings Mills, United States | |
Investments in seed-stage companies are managed by Primary Venture Partner. | – | primary.vc | New York, United States | |
Technology and consumer sectors are targeted through private equity investments. | – | atreidesmgmt.com | Boston, United States | |
Technology investments are managed through venture capital and private equity. | – | vintage-ip.com | Herzliya, Israel | |
Venture capital is invested in cybersecurity, fintech, and AI startups. | – | ggvc.com | Menlo Park, United States | |
Venture advisory services are provided to startups and investors. | – | 01a.com | San Francisco, United States | |
Early stage VC firm investing in tech companies in the US | – | bowerycap.com | New York, United States | |
Venture capital investments are directed toward startups by the firm. | – | charge.vc | Brooklyn, United States |
Investor details for Electric AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Electric AI
39 people are tracked at Electric AI (13 in leadership, 5 in board & advisors, 21 in team); the tracked headcount is 175.
| Name | Role | Group |
|---|---|---|
Ryan Denehy | Founder & CEO | Leadership |
Greg Pellegrino | VP of Engineering | Leadership |
Julia Kim | VP of RevOps | Leadership |
Matt Peterson | VP of Finance | Leadership |
Andrew Lazarus | CFO | Leadership |
Emily Morganti | VP Of Finance | Leadership |
Katherine Owens | Director, People Operations | Leadership |
Thomas McGurl | Director Of Engineering | Leadership |
Annie Dunham | VP of Product | Leadership |
Suresh Iyer | Director Of Finance | Leadership |
John Hamrick | Partner Manager | Leadership |
Max Schultz | VP Of Partnerships | Leadership |
Lourdes Rivera | VP of People | Leadership |
Emmanuelle Skala | Board Member | Board & advisors |
Brad Svrluga | Board Member | Board & advisors |
Jeff Richards | Board Member | Board & advisors |
Tim Harvey | Board Member | Board & advisors |
Bob Goodman | Board Member | Board & advisors |
Katie Freeman | People Operations Generalist | Team |
Jamie Coakley | SVP, People | Team |
19 more people are available in the full profile.
Complete people profiles for Electric AI
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Investments & Acquisitions by Electric AI
Electric AI has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sinu and Techvera.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
IT service suite solutions are provided to various clients. | techvera.com | Denton, United States | 2001 | Sep 2021 | •••• | |
Provider of IT service suite solutions | sinu.com | New York, United States | 2000 | Nov 2020 | •••• |
Complete acquisition details for Electric AI
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Timeline of Electric AI
6 dated milestones of Electric AI across 6 years, from founding to its latest funding, stage changes and deals.
Competitors of Electric AI
Electric AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ServiceNow, NinjaOne, BMC Software, ManageEngine and Metaplane, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| servicenow.com | 2004 | Santa Clara, United States | $83.7M | 26,293 | Unified IT management is delivered through a cloud-based platform. | |
| ninjaone.com | 2013 | Austin, United States | $761.5M | 540 | Cloud based platform offering IT management solutions | |
| bmc.com | 1980 | Houston, United States | – | 2,513 | Cloud-based unified IT management software is offered for enterprise needs. | |
| manageengine.com | 1995 | Pleasanton, United States | – | 16,852 | Cloud-based enterprise IT management and support software is delivered. | |
| metaplane.dev | 2020 | Boston, United States | $22.35M | – | ML powered data observability platform | |
| accedian.com | 2004 | Montreal, Canada | $31M | 56 | Cloud based platform offering unified IT management solutions | |
| asg.com | 1986 | Naples, United States | – | 405 | Cloud-based unified IT management solution for businesses | |
| everestims.com | 2017 | Bengaluru, India | – | 186 | Offers digital transformation and infrastructure management solutions for enterprises. |
Detailed competitors of Electric AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Electric AI
The website of Electric AI (electric.ai) receives about 53.1K visits a month.
- Monthly visits53.1K
▲ 7.3% vs previous month
Websites whose visitors overlap most with Electric AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
askbobrankin.com | askbobrankin.com | 100% | – | #1,197,643 | – |
| thatsoftwaredude.com | 93% | – | #668,738 | View details | |
| cmitsolutions.com | 90% | 34.1K | #906,329 | View details | |
| familyorbit.com | 89% | – | #697,134 | View details | |
| gonetspeed.com | 89% | 86K | #372,680 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Electric AI
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
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Latest news on Electric Ai
Complete news archive for Electric AI
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Electric AI
10 companies that operate in the same segment as Electric AI (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Electric AI
Electric AI was founded in 2016.
Electric AI is headquartered in New York, United States. It is registered at New York, New York, United States.
Ryan Denehy is the current CEO of Electric AI. They have also founded this company.
Electric AI is a funded company, having raised a total of $211.11M across 8 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Oct 2016.
Electric AI has 175 employees.
Electric AI was founded in 2016 in New York, United States, and operates in the IT sector. Software solutions are provided for chatbot-based troubleshooting in enterprises. A unified platform is offered for IT asset management, including monitoring of network security, applications, operating systems, databases, activity tracking, auditing, and device recognition.
Electric AI's top competitors include ServiceNow, NinjaOne and Metaplane.
Electric AI offers IT Platform, Device Management, Application Management, and Cybersecurity Solutions.
Electric AI has 13 investors. Key investors include Slack, Bessemer Venture Partners, Greenspring Associates, Harmonic Growth Partners, and Primary.
The valuation of Electric AI is $1B as of Mar 2022.