Valuation · 2021
$1B
2024 Revenue
$75.7M
Customers
2K
Funding
$91.8M
Avg ACV
$37.9K
Team · 2025
401
Founded
2016
Electric Revenue, Valuation & Funding (2024)
Electric generated $75.7M in revenue in 2024.
Electric is an information technology company that helps businesses manage their IT security, support, and devices in real-time.
Last updated
Electric Revenue
In 2024, Electric's revenue reached $75.7M. The company previously reported $70M in 2022. Since its launch in 2016, Electric has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Electric revenue for 2024: $75.7m | Not recorded |
| 2022 | Electric Hit $70m revenue in December 2022 | Not recorded |
| 2021 | Electric Hit $38m revenue in December 2021 | Not recorded |
| 2020 | Electric Hit $17m revenue in December 2020 | Not recorded |
| 2016 | Launched with $0 revenue |
Electric Valuation, Funding Rounds
Electric reached a $1B valuation in 2021, set during its None round.
Electric has raised $91.8M in total funding across 6 rounds, most recently a $40M None round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | None | $40M | $1B | 4% | Not recorded |
| 2020 | None | $14.5M | - | - | Not recorded |
| 2019 | None | $25M | - | - | Not recorded |
| 2018 | None | $9.3M | - | - | Not recorded |
| 2017 | None | $1M | - | - | Not recorded |
| 2016 | None | $2M | - | - | Not recorded |
Founder / CEO
Customers
Electric serves 2K customers.
Electric Employees & Team Size
Electric employs approximately 401 people as of 2026, down from 658 in 2021. It serves 2K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 401 employees (November 2025) | Not recorded |
| 2021 | Reached 658 employees (December 2021) | Not recorded |
| 2021 | Reached 404 employees (February 2021) | Not recorded |
Frequently Asked Questions about Electric
What is Electric's revenue?
As of 2024, Electric generated $75.7M in revenue.
What is Electric's valuation?
As of 2021, Electric was valued at $1B.
Who founded Electric?
Electric was founded by Ryan Denehy.
When was Electric founded?
Electric was founded in 2016.
Who is the CEO of Electric?
The CEO of Electric is Ryan Denehy.
How much funding does Electric have?
Electric raised $91.8M across 6 rounds.
How many employees does Electric have?
As of 2025, Electric had 401 employees.
Where is Electric headquartered?
Electric is headquartered in New York, New York, United States.
Compare Electric to the industry
Electric operates across multiple industries. Browse revenue, funding, and growth data for Electric in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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