Amount Raised
$20 Million
Round Type
Funding Round
Description
Electric, the leader in providing world-class IT technology for small and medium-sized businesses (SMBs), today announced it has raised $20 million in Series D-1 funding from Harmonic Growth Partners, five months after its $90 million Series D with GGV Capital, Bessemer Venture Partners, Greenspring Associates and others. This new funding brings the company's valuation to $1 billion and the company's total amount raised to over $200 million.
Quick answer
Electric raised $20 Million in a Funding Round round, dated March 29, 2022.
- How much did Electric raise?
- Electric raised $20 Million in a Funding Round round on March 29, 2022.
- 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.
- StackHawk, Inc. raised $21M on May 13, 2022.
- Panzura raised $80M (Funding Round) on May 12, 2022.
- Metaverse raised an undisclosed amount (Funding Round) on May 11, 2022.
- Jambo raised $30M (Series A) on May 10, 2022.
- Sequentify raised $7M (Funding Round) on May 10, 2022.
- Abnormal Security raised $200M (Funding Round) on May 10, 2022.
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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Fundz sees it the moment Electric raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Electric raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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