New York, United States
Electric, founded in 2016, operates at the intersection of Cyber Security and Information Technology, targeting small and medium-sized businesses (SMBs) with its software-as-a-service (SaaS) solutions. Based in the United States, this innovative company provides tools to enable businesses to manage their IT and security environments more efficiently and transparently without the complexities and costs associated with traditional Managed Service Providers (MSPs).
With its mission encapsulated by the slogan, "IT powers work. Electric powers IT.", Electric's platform, the Electric IT Hub, simplifies IT management. The company has attracted notable investors, securing a $23.35 million Series D funding led by the Slack Fund, Harmonic Growth Partners, and J.A.S Ventures as of March 29, 2022. As they continue to expand and innovate, Electric is well-positioned to meet the growing demand for streamlined IT solutions in the SMB market.
