Electricrevenue, valuation & funding
Enterprise IT Management SoftwareNew YorkFounded 2016CEO Ryan Denehy
Electric is an information technology company that helps businesses manage their IT security, support, and devices in real-time.
Electric revenue
Electric's annual revenue was $75.7M in December 2024 (source not recorded), the most recent figure on record.
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Dec 2020 | $17M | – |
| Dec 2021 | $38M | – |
| Dec 2022 | $70M | – |
| Dec 2024 | $75.7M | – |
– source not recorded
Electric valuation
Electric is privately held, so there is no Electric stock to buy. Investors valued it at $1B in its February 2021 funding round.
Electric funding rounds & investors
Electric has raised $91.8M across six rounds since 2016. The latest was a $40M funding round in February 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Feb 2021 | Funding round | $40M | $1B |
| Mar 2020 | Funding round | $14.5M | – |
| Jan 2019 | Funding round | $25M | – |
| Mar 2018 | Funding round | $9.3M | – |
| Sep 2017 | Funding round | $1M | – |
| Nov 2016 | Funding round | $2M | – |
| Total raised | $91.8M |
Electric competitors
Electric competes most directly with JumpCloud, BetterCloud and Kisi Security.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 JumpCloud | $200M | $416.8M | 915 | 5K | 2012 |
| Electric | $75.7M | $91.8M | 401 | 2K | 2016 |
 BetterCloud | $67M | $186.9M | 199 | 2.5K | 2011 |
 Kisi Security | $4M | – | 119 | – | 2012 |
#27 of 429 Enterprise IT Management Software companies by revenue · category median $5.6M · See the ranking
Electric CEO, founders & employees
Ryan Denehy founded Electric in 2016 and runs it as CEO. Electric has 401 employees (November 2025, LinkedIn).
- Ryan DenehyFounder & CEO
All 3 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 401 | |
| Dec 2021 | 658 | |
| Feb 2021 | 404 | – |
Electric FAQ
What is Electric's revenue?
Electric's annual revenue was $75.7M in December 2024 (source not recorded). No later figure is on record.
What is Electric's valuation?
Investors valued Electric at $1B in its February 2021 funding round.
How much funding has Electric raised?
Electric has raised $91.8M across six funding rounds. The latest was a $40M funding round in February 2021.
Is Electric publicly traded?
No. Electric is a private company, so its shares aren't traded on a stock exchange.
How many employees does Electric have?
Electric has 401 employees as of November 2025, according to LinkedIn.
Who is the CEO of Electric?
Ryan Denehy is the CEO of Electric and founded the company in 2016.
Who founded Electric?
Ryan Denehy founded Electric in 2016.
Browse Enterprise IT Management Software
- MiCamp Solutions$77.3M
- Trackforce Valiant$73.8M
- Sensedia$73.7M
- Squad$73.5M
- Medicus IT$73.1M
- Gorilla Technology Group$72M
- Align Communications$71.6M
- Ntiva$80M
- Tech Domain$71.2M
- Bigpanda$80.4M
- Ledger$70.9M
- Truecopy Credentials Pvt. Ltd.$68.7M
- ControlUp$82.8M
- ThoughtFocus$68.2M
- Netsurit$83.4M
- True Anomaly$67.9M
- EasyVista$84.7M
How this page is sourced
2 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Nov 28, 2025Data disclaimerReport a correctionClaim this profileRun Electric? Join the podcast