Amount Raised
$90 Million
Round Type
Series D
Description
Electric, the leader in providing world-class IT technology for small and medium-sized businesses, today announced it has raised $90M in Series D funding. Existing investor GGV Capital is leading the round, with participation from existing investors Bessemer Venture Partners, Primary Venture Partners, Greenspring Associates, 01 Advisors, Atreides Management, Vintage Investment Partners and Slack, bringing Electric's total amount raised to over $189M.
Quick answer
Electric raised $90 Million in a Series D round, dated October 19, 2021.
- How much did Electric raise?
- Electric raised $90 Million in a Series D round on October 19, 2021.
- What does Electric do?
- About ElectricElectric is the industry leader in providing world-class IT technology and real-time support for small and mid-sized businesses.
Source: Fundz verified event record.
Who else raised in Internet Services and Privacy And Security around the same time
Companies in the same sectors as Electric that raised within 45 days of this round, from Fundz verified event records.
- Device Authority raised $2.9M (Seed) on December 2, 2021.
- Hologram, Inc. raised $6.8M (Funding Round) on November 30, 2021.
- Strivacity raised $9.3M (Series A) on November 30, 2021.
- Axiado raised an undisclosed amount (Series B) on November 30, 2021.
- Solutions raised an undisclosed amount (Funding Round) on November 30, 2021.
- HEPMIL Media Group raised $10M (Funding Round) on November 29, 2021.
Who to call at Electric, and when
A new round usually means Electric is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Electric raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Electric, from your own LinkedIn network
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Electric raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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