Electric AI

Electric AI

Real-time IT support with device security

Overview

Electric AI provides IT support for businesses by combining a unique technology platform with a team of IT technicians. It delivers real-time issue resolution and security across devices, apps, and networks, along with employee onboarding/offboarding and overall IT management for remote, onsite, or hybrid environments. The service uses a first-of-its-kind technology paired with an elite squad of technicians to resolve issues quickly and securely. Unlike traditional IT providers, Electric pairs advanced software with human experts to speed up response times and coordinate IT operations across all endpoints. The goal is to make IT simple, effortless, and lightning-fast for organizations.

Significant Headcount Growth

About Electric AI

Simplify's Rating
Why Electric AI is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consulting

Enterprise Software

Cybersecurity

Company Size

201-500

Company Stage

Series D

Total Funding

$208.8M

Headquarters

New York City, New York

Founded

2016

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Simplify's Take

What believers are saying

  • August 25, 2026 relaunch expands AI helpdesk, security, and HR automation across 1,000 companies.
  • Justworks deepened its Electric integration on August 4, 2026 with SSO and embedded workflows.
  • isolved launched Electric-powered IT Asset Hub on August 25, 2026, widening SMB distribution.

What critics are saying

  • Electric depends on payroll partners that can duplicate and replace its workflows by 2027.
  • Revelio Labs counted headcount down 19.1% from 867 in 2023 to 702 in 2026.
  • No public lawsuit or audited revenue disclosure exists, hiding customer churn and margin pressure.

What makes Electric AI unique

  • August 2026 relaunch embeds Electric inside ADP, Paychex, Justworks, and TriNet workflows.
  • Electric trained its platform on two million IT tickets since 2017.
  • Electric provisions devices in 130 countries and supports English, Spanish, and French Canadian.

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Funding

Total Funding

$208.8M

Below

Industry Average

Funded Over

9 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$20M
Electric AI
$50M
Hello Fresh
$70M
Twilio
$80M
Handshake
$100M
Affirm

Benefits

Health Insurance

401(k) Company Match

Unlimited Paid Time Off

Mental Health Support

Generous Parental Leave

Short and Long Term Disability

Life Insurance

Employee Assistance Programs

Company Equity

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↑ 9%

2 year growth

↑ 2%
PR Newswire
Sep 23rd, 2026
Electric partners with isolved to launch AI-powered IT Asset Hub for small businesses

Electric has partnered with isolved to launch the isolved IT Asset Hub powered by Electric, an AI-powered platform automating IT management for small and growing businesses. The platform helps companies automate device procurement, application provisioning, and security and compliance management for devices. The partnership aims to streamline operations across HR and IT departments by reducing manual tasks and increasing bandwidth for critical employee activities. Employee onboarding and offboarding features will be rolled out in phases over the coming months. Isolved's network includes over 195,000 employers and 8 million employees. "Our goal is to help them future-proof their businesses by aligning HR and IT to turn workforce events into automated IT actions," said Ryan Denehy, founder and CEO of Electric.

TechRseries
Aug 26th, 2026
Electric launches ai-powered IT platform and payroll industry partnerships.

Electric launches ai-powered IT platform and payroll industry partnerships. New release automates IT and HR tasks for small and midsize businesses, backed by an extensive partner network across the payroll industry. Electric, the leading AI-platform for IT management, relaunched the company with the debut of a powerful AI platform that helps businesses automate time-consuming IT and HR work. Electric is distributed through an extensive payroll partner network that includes ADP, Paychex, Paycor, UKG, Justworks, isolved, and TriNet. "Electric started as an IT help desk model for small businesses and has evolved into a robust AI platform that delivers automation and intelligence across IT and HR. It's based on learnings across two million IT tickets and customer interactions since the company's inception in 2017," said Ryan Denehy, Founder & CEO of Electric. "That's why we're relaunching the company today, to introduce this powerful platform and the extensive industry partners that help deliver it." Electric's AI-powered IT platform is available everyday to a customer base of 55,000+ end users and 1,000+ companies worldwide. It provides intuitive solutions for IT, cybersecurity, and HR needs, including: * Complete automation for employee onboarding and offboarding * Access control for role changes across hardware and software * Device lifecycle and inventory management * Device procurement and provisioning in 130 countries * AI-powered helpdesk and AI assistant * Complete IT security * IT spend management Electric is available in English, Spanish, and French Canadian languages. It offers secure AI and vibe coding environments powered by OpenAI. It also integrates with HR systems for AI-driven analysis to optimize workforce data. "We built this platform based on customer and partner conversations that show where AI transformation and IT alignment can have bottom-line impact for small and medium businesses, by streamlining daily operations across IT and HR. We automate the time consuming and complex workflows that are essential to run any business," said Denehy. "Our team designed Electric's platform for those with no IT staff or smaller IT teams that need an automated and intelligent alternative to traditional MSPs." HR and IT are converging, and Electric provides businesses with a way to keep up, even without a dedicated IT team. Electric continues to innovate and expand its offerings. The company has raised $200 million from investors, and its accolades include a spot on Deloitte's Technology Fast 500 list. [To share your insights with us, please write to [email protected]]

PR Newswire
Aug 25th, 2026
Electric debuts AI IT platform with $200M funding and payroll partnerships including ADP

Electric has relaunched as an AI-powered IT management platform, introducing automation tools for small and midsize businesses through partnerships with major payroll providers including ADP, Paychex, Paycor, UKG, Justworks, isolved, and TriNet. The platform automates employee onboarding, offboarding, device management, and IT security tasks. It's built on learnings from two million IT tickets since the company's founding in 2017 and currently serves over 1,000 companies and 55,000 end users worldwide. "We built this platform based on customer and partner conversations that show where AI transformation and IT alignment can have bottom-line impact," said Ryan Denehy, founder and CEO. Electric has raised $200 million from investors and offers services in English, Spanish, and French Canadian, with integrations across HR systems for AI-driven workforce analysis.

Investors Hangout
Aug 25th, 2026
Electric Leverages AI to Transform IT and HR Management.

Electric Leverages AI to Transform IT and HR Management. The dawn of automated efficiency. Picture this: the mundane grind of IT and HR tasks fused into a sleek machine whirring away in the background, thanks to AI. Welcome to the world Electric is creating with its new platform launch, a move no one's taking lightly in the SMB sector. Why this matters for smbs. For small and midsize businesses, keeping up with IT needs isn't just a hassle; it can drain resources like a stalled oil rig. Electric's plan to merge IT with HR through a hefty AI-powered platform means less time spent on the never-ending cycle of employee onboarding, offboarding, and everything in between. And let's face it, less time equals more money saved on the bottom line - something any CFO loves to hear. Electric's network of power partnerships. But what really gives Electric an edge here is their newfound association with payroll giants like ADP and Paychex, among others. Investors Hangout, LLC is talking about heavyweights in the payroll sector backing this AI behemoth. They've essentially fast-tracked Electric's reach, embedding it directly into their existing frameworks. For Electric, it's a win-win: tapping into huge data streams while sidestepping massive scaling hurdles. AI and IT: The Marriage of Necessity. This isn't just another venture into tech fluff; it's a strategic shift that's been in the making since 2017. Electric learned well over two million IT interactions where pain points hurt most, and where automation could shine. From device lifecycle management to complete IT security, Electric's platform is designed for businesses with smaller IT teams. And when your growth path looks like the Deloitte's Technology Fast 500 list, you know there's serious substance behind the buzz. Streamlining the complex. Automation isn't a magic wand - it's hard work, calculated risk, and flawless execution. Electric promises all that through intuitive tech solutions like AI-powered helpdesks and role-based access controls. The payoff? Cutting the inefficiency slogs right out of a company's logistics - with a side of robust cybersecurity, because today, you can't afford to go without it. A global perspective. The beauty here is Electric's global readiness. By covering 130 countries with device procurement and provisioning, they've set the stage for a truly international reach. Making these tools accessible in multiple languages - English, Spanish, and French Canadian - has further widened their net. The investor's eye view. For those with a vested interest, this isn't just about a company expanding its balance sheet. It's about Electric staking its claim on how IT and HR will converge on a worldwide scale. With $200 million in the pot and big-names like Bessemer Venture Partners and Slack backing the firm, you better believe every move is calculated to tack into the wind of future profit. "We built this platform based on customer and partner conversations," notes Ryan Denehy, Electric's CEO. It's clear they're not flying blind - investors will like that. So what's next for Electric? More partners, more innovations, and the persistent quest to streamline the essentials every small enterprise lives by. If you're in the industry, mark your calendar - the future of IT and HR is getting a facelift.

Small Business PR
Aug 25th, 2026
Small business news releases.

Small business news releases. Electric launches ai-powered IT platform and payroll industry partnerships. New release automates IT and HR tasks for small and midsize businesses, backed by an extensive partner network across the payroll industry NEW YORK, Aug. 25, 2026 /PRNewswire/ - Electric, the leading AI-platform for IT management, today relaunched the company with the debut of a powerful AI platform that helps businesses automate time-consuming IT and HR work. Electric is distributed through an extensive payroll partner network that includes ADP, Paychex, Paycor, UKG, Justworks, isolved, and TriNet. "Electric started as an IT help desk model for small businesses and has evolved into a robust AI platform that delivers automation and intelligence across IT and HR. It's based on learnings across two million IT tickets and customer interactions since the company's inception in 2017," said Ryan Denehy, Founder & CEO of Electric. "That's why we're relaunching the company today, to introduce this powerful platform and the extensive industry partners that help deliver it." Electric's AI-powered IT platform is available everyday to a customer base of 55,000+ end users and 1,000+ companies worldwide. It provides intuitive solutions for IT, cybersecurity, and HR needs, including: * Complete automation for employee onboarding and offboarding * Access control for role changes across hardware and software * Device lifecycle and inventory management * Device procurement and provisioning in 130 countries * AI-powered helpdesk and AI assistant * Complete IT security * IT spend management Electric is available in English, Spanish, and French Canadian languages. It offers secure AI and vibe coding environments powered by OpenAI. It also integrates with HR systems for AI-driven analysis to optimize workforce data. "We built this platform based on customer and partner conversations that show where AI transformation and IT alignment can have bottom-line impact for small and medium businesses, by streamlining daily operations across IT and HR. We automate the time consuming and complex workflows that are essential to run any business," said Denehy. "Our team designed Electric's platform for those with no IT staff or smaller IT teams that need an automated and intelligent alternative to traditional MSPs." HR and IT are converging, and Electric provides businesses with a way to keep up, even without a dedicated IT team. Electric continues to innovate and expand its offerings. The company has raised $200 million from investors, and its accolades include a spot on Deloitte's Technology Fast 500 list. Learn more about Electric at https://electric.ai/product. Frequently Asked Questions (FAQ) Who are Electric's customers? Electric serves customers across the globe, including companies in technology, finance, education, healthcare, government, and construction. Who does Electric partner with? Electric has a growing partner ecosystem that includes ADP, the leading provider of online payroll and HR solutions. Additional partners include isolved, Paychex, Paycor, UKG, Justworks, and TriNet. Why do businesses need an IT management platform? An all-in-one IT platform like Electric lets companies with a small or no IT team reduce IT costs and save time on IT issues, build a strong security posture, automate application and device management, and integrate with HR for employee onboarding and offboarding. What role does AI play in the Electric platform? Electric embeds AI-powered IT into each customer's HR workflows. This means that Electric's AI-driven data analysis is available to streamline operations with 24/7 IT support, an AI-powered assistant and helpdesk, plus secure AI and vibe coding environments powered by OpenAI. About Electric Electric is the autonomous IT management solution embedded in the world's leading payroll and HCM platforms, triggering customized IT workflows at the moment of HR action, without anyone lifting a finger. Electric's AI-powered platform simplifies the management of employees, devices, applications, and networks while providing compliance-ready reporting. The team of investors that back Electric includes Bessemer Venture Partners, Bowery Capital, Primary Venture Partners, 01 Advisors, Atreides Management, Vintage Investment Partners, Slack, Harmonic Growth Partners, Stepstone, and Notable Capital. More at www.Electric.ai. SOURCE Electric

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