
ElectrifAi
2024 Revenue
$20M
Funding
$0
YOY
34.9%
Team
85
Founded
2004
How ElectrifAi CEO Edward Scott grew to $20M revenue with a 85 person team in 2024.
ElectrifAi is a global artificial intelligence (AI) company that specializes in developing and providing pre-built machine learning models and AI solutions to businesses across various industries. The company was founded in 2004 and is headquartered in Jersey City, New Jersey. ElectrifAi's AI solutions are designed to help businesses optimize their operations and gain insights into their data to make informed decisions. The company offers a range of AI solutions, including predictive analytics, natural language processing, image and video analytics, and automated machine learning. These solutions can be customized to meet the specific needs of each business and can be easily integrated into existing systems. ElectrifAi serves a diverse range of industries, including finance, healthcare, retail, and manufacturing. The company has a global presence, with offices and clients across North America, Europe, and Asia. ElectrifAi is committed to driving innovation in the AI industry and has received numerous awards and recognition for its cutting-edge solutions.
Last updated
ElectrifAi Revenue
In 2024, ElectrifAi's revenue reached $20M. The company previously reported $14.8M in 2023. Since its launch in 2004, ElectrifAi has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | ElectrifAi Hit $20m revenue in October 2024 | |
| 2023 | ElectrifAi Hit $14.8m revenue in December 2023 | |
| 2021 | ElectrifAi Hit $12.9m revenue in April 2021 | |
| 2004 | Launched with $0 revenue |
ElectrifAi Valuation, Funding Rounds
ElectrifAi is a bootstrapped Natural Language Processing (NLP) Software startup. Founded in 2004, ElectrifAi has grown to $20M in revenue without raising any venture capital or outside funding.
As a self-funded Natural Language Processing (NLP) Software SaaS company, ElectrifAi has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for ElectrifAi yet.
ElectrifAi Employees & Team Size
ElectrifAi employs approximately 85 people as of 2026, down from 128 in 2023, including 8 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 85 employees (December 2024) |
| 2024 | Reached 109 employees (October 2024) |
| 2023 | Reached 128 employees (December 2023) |
| 2023 | Reached 201 employees (July 2023) |
| 2022 | Reached 131 employees (December 2022) |
| 2021 | Reached 133 employees (December 2021) |
| 2021 | Reached 153 employees (April 2021) |
Frequently Asked Questions about ElectrifAi
What is ElectrifAi's revenue?
ElectrifAi generates an estimated $20M in annual revenue.
Who founded ElectrifAi?
ElectrifAi was founded by Edward Scott.
Who is the CEO of ElectrifAi?
The CEO of ElectrifAi is Edward Scott.
How much funding does ElectrifAi have?
ElectrifAi is bootstrapped and has not raised outside funding.
How many employees does ElectrifAi have?
ElectrifAi has 85 employees.
Where is ElectrifAi headquarters?
ElectrifAi is headquartered in Jersey City, New Jersey, United States.
Compare ElectrifAi to the industry
ElectrifAi operates across multiple industries. Browse revenue, funding, and growth data for ElectrifAi 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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