About ElectronX
ElectronX is a company based in Chicago (United States) founded in 2022 by Evan Caron and Philip Krim. ElectronX has raised $55 million across 3 funding rounds from investors including Shell, Equinor and Amplo. ElectronX offers products and services including Derivatives Trading Platform, Bounded Futures, and Binary Options. ElectronX operates in a competitive market with competitors including Trilliant, GridPoint, Volue, envelio and Ingeteam, among others.
- Headquarter Chicago, United States
- Founders Evan Caron, Philip Krim
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Sectors
Energy & Utilities
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$55 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series A
Nov 14, 2025
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Investors
Shell
& 12 more
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Employee Count
Not available
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Products & Services of ElectronX
ElectronX offers a comprehensive portfolio of products and services, including Derivatives Trading Platform, Bounded Futures, and Binary Options.
Platform for trading electricity derivatives to hedge price volatility.
Futures contracts for hourly electricity price management.
Options for predicting electricity price outcomes.
People of ElectronX
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Funding Insights of ElectronX
ElectronX has successfully raised a total of $55M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in November 2025. 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.
Investors in ElectronX
ElectronX has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell, Equinor and Amplo.
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Early-stage climate tech founders are backed by Systemiq Capital.
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Early-stage technology investments are targeted by this venture capital firm.
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Venture capital firm focused on multiple sectors
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Investor details for ElectronX
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Investments & Acquisitions by ElectronX
Investment portfolio details for ElectronX
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Financial Statements - ElectronX
Detailed financials for ElectronX
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Electronx Comparisons
Peer comparison for ElectronX
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Competitors of ElectronX
ElectronX 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 Trilliant, GridPoint, Volue, envelio and Ingeteam, among others.
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Provider of communication systems and software platforms for smart grid applications
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Provider of data-driven energy management solutions
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Solutions for portfolio and project management are provided.
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AI-driven grid management software solutions are provided for energy operations.
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App-based power control devices and EV charging solutions are offered.
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Provider of enterprise software solutions for digital transformation
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Detailed competitors of ElectronX
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Latest news on Electronx
Complete news archive for ElectronX
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Frequently Asked Questions about ElectronX
ElectronX was founded in 2022 and raised its 1st funding round 2 years after it was founded.
ElectronX is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Sam Tegel is the current CEO of ElectronX.
ElectronX is a funded company, having raised a total of $55M across 3 funding rounds to date.
ElectronX was founded in 2022 in Chicago, United States, and operates in the energy sector. Solutions for grid management are provided, focusing on precision risk management, volatility hedging, and monetization of power assets. Derivative products are utilized to address intraday price fluctuations in the electrical grid, supporting the adoption of clean energy nationwide.
ElectronX's top competitors include envelio, Reactive Technologies and Trilliant.
ElectronX offers Derivatives Trading Platform, Bounded Futures, and Binary Options.
ElectronX has 13 investors. Key investors include Shell, Equinor, Amplo, Systemiq Capital, and Innovation Endeavors.