# Electric funding: rounds and investors

> Electric has raised $60M across 4 rounds since 2016. Investors include Primary Venture Partners, Bowery Capital and Bessemer Venture Partners/ Bowery.

Source: https://millionrounds.com/company/electric (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Electric*

4 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Education

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$60M** raised across 4 rounds since 2016, from 4 sources

**$2.0M** Seed **$10M** Series A **$25M** Series B **$23M** Series D

- **Latest round:** Series D, $23M Mar 2022
- **Biggest round:** $25M Series B · Jan 2019
- **Investors:** 7 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018 2019 2020 2021 2022

**$2.0M** Seed

**$10M** Series A

**$25M** Series B

**$23M** Series D

- **First round:** Seed, $2.0M
- **Biggest round:** $25M
- **Usual gap between rounds:** 16 months

## The rounds

- **Mar 2022** Series D **$23M** *3 new* *2 returning* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) [Bowery Capital](https://millionrounds.com/fund/bowery-capital) Source recorded SEC filing: $13M sold, first sale Mar 2022
- **Jan 2019** Series B **$25M** *1 new* GGV Capital/ Bessemer Reported by FinSMEs SEC filing: $23M sold, first sale Jan 2019
- **Mar 2018** Series A **$10M** *2 new* Bessemer Venture Partners/ Bowery Lead [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) Reported by Builtinnyc SEC filing: $9.3M sold, first sale Mar 2018
- **Nov 2016** Seed **$2.0M** *1 new* [Bowery Capital](https://millionrounds.com/fund/bowery-capital) Reported by FinSMEs SEC filing: $1.0M sold, first sale Sept 2016

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2016 **Series A** 2018 **Series B** 2019 **Series D** 2022 [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) [Bowery Capital](https://millionrounds.com/fund/bowery-capital) Bessemer Venture Partners/ Bowery L [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) GGV Capital/ Bessemer

## Everyone who backed them

[Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) VC firm **2** rounds

[Bowery Capital](https://millionrounds.com/fund/bowery-capital) VC firm **2** rounds

Bessemer Venture Partners/ Bowery no record of our own yet **1** round, led 1

[Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) VC firm **1** round

GGV Capital/ Bessemer no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=electric).

## Quick answers about Electric

### Who invested in Electric?

Electric's investors include Primary Venture Partners, Bowery Capital, Bessemer Venture Partners/ Bowery, Bessemer Venture Partners and Salesforce Ventures, and 2 more on record.

### How much has Electric raised?

Electric has raised $60M across 4 rounds since 2016.

### When did Electric last raise?

Electric's most recent round was a Series D of $23M in Mar 2022.

### What was Electric's biggest round?

Electric's largest round on record is $25M (Series B), in Jan 2019.

### Who backed Electric first?

Electric's first round on record, in Nov 2016, was backed by Bowery Capital.

### What stage is Electric at?

Electric's latest named round is a Series D, in Mar 2022.

### Where is Electric based?

Electric is based in the United States.

### Who led Electric's rounds?

Bessemer Venture Partners/ Bowery led the Series A in 2018.

## Companies like Electric

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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