Tech Company Financing Transactions

Electric Funding Round

Electric closed a $9.3 million Series A investment round on 3/30/2018. Investors included Bessemer Venture Partners, Bowery Capital and Primary Venture Partners.

Transaction Overview

Company Name
Announced On
3/30/2018
Transaction Type
Venture Equity
Amount
$9,300,000
Round
Series A
Investors

Bessemer Venture Partners (Lead Investor) (Bob Goodman)

Bowery Capital (Mike Brown)

Primary Venture Partners (Brad Svrluga)

Proceeds Purpose
Electric plans to use the new capital to develop a national sales footprint, and to achieve significant' levels of task automation for the core technology platforms they are supporting.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
408 Bdwy. 5th Floor
New York, NY 10013
USA
Email Address
Overview
Electric allows small and mid sized corporate customers to get IT support across organizations directly through Slack, providing a real-time chat interface that provides users with the ability to get assistance with issues pertaining to their Apple devices, email, calendar, networking, backup and OS.
Profile
Electric LinkedIn Company Profile
Social Media
Electric Company Twitter Account
Company News
Electric News
Facebook
Electric on Facebook
YouTube
Electric on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ryan Denehy
  Ryan Denehy LinkedIn Profile  Ryan Denehy Twitter Account  Ryan Denehy News  Ryan Denehy on Facebook
Chief Financial Officer
Vic Russo
  Vic Russo LinkedIn Profile  Vic Russo Twitter Account  Vic Russo News  Vic Russo on Facebook
Chief Marketing Officer
Andrea Kayal
  Andrea Kayal LinkedIn Profile  Andrea Kayal Twitter Account  Andrea Kayal News  Andrea Kayal on Facebook
VP - Customer Service
Temy Mancusi-Ungaro
  Temy Mancusi-Ungaro LinkedIn Profile  Temy Mancusi-Ungaro Twitter Account  Temy Mancusi-Ungaro News  Temy Mancusi-Ungaro on Facebook
VP - Engineering
Yotam Hadass
  Yotam Hadass LinkedIn Profile  Yotam Hadass Twitter Account  Yotam Hadass News  Yotam Hadass on Facebook
VP - Human Resources
Jamie Coakley
  Jamie Coakley LinkedIn Profile  Jamie Coakley Twitter Account  Jamie Coakley News  Jamie Coakley on Facebook
VP - Product Management
Tara Goldman
  Tara Goldman LinkedIn Profile  Tara Goldman Twitter Account  Tara Goldman News  Tara Goldman on Facebook
VP - Sales
David Weiner
  David Weiner LinkedIn Profile  David Weiner Twitter Account  David Weiner News  David Weiner on Facebook


 

 

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About Database of VC Transactions

Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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