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Overview

TrueUp
Trajectory Score
23
/100
Business
IT infrastructure software for SMBs
Founded
11 years ago
2016
Employees
210
Valuation
$1.0 billion
Company type
Private - Venture-Backed

Electric is an IT infrastructure software for SMBs company with 3 job openings. It is currently valued at $1.0 billion as a private company. 210 people work at Electric. The company was founded in 2016.

Company grid
Employee happiness β†’
Growth β†’
πŸš€
🐒
😊
😟
Electric logo

Jobs

Open jobs
3
Top Job Categories
Jobs
1.
Engineering (Software)
1
(33%)
2.
Sales Engineering
1
(33%)
Top Job Locations
Jobs
1.
πŸ‡ΊπŸ‡Έ United States
3
(100%)
2.
🌎 Remote
3
(100%)
Top Tech/Tools Mentioned
Jobs
1.
AWS
1
(33%)
2.
Amazon S3
1
(33%)
3.
Anthropic
1
(33%)
4.
Claude
1
(33%)
5.
Claude Code
1
(33%)

Financials

Valuation
$1.0billion
Tech Unicorn
Last round - Mar 2022
Latest secondary valuation
$0.3billion
70% from last round
Estimate as of Jul 1, 2026
Data source: Notice.co
Most recent funding
4 years ago
πŸ’Έ ZIRP-era funding
Total funding
$212 million
Actual value 'created' (valuation - total funding)
+$788 million
Lead Investor - Seed
Bowery Capital
Lead Investor - Series A
Bessemer logoBessemer
Valuation per employee
$4.8 million

Culture

Employee sentiment
Would recommend company
48%
100+ reviews
Sources: TrueUp, Glassdoor, Blind
Worse than 81% of tech co's
Approve of CEO
Ryan Denehy
53%
Sources: TrueUp, Glassdoor, Blind

People

Employees
210
Source: Workforce.ai
Employee growth
+47%
past 12 months
Source: Workforce.ai

Rankings and awards

Notable SMBTech 50 logo
Notable SMBTech 50

2024

Notable SMBTech 50 logo
Notable SMBTech 50

2023

Notable SMBTech 50 logo
Notable SMBTech 50

2022

Layoffs

Feb 2023 Β· 3 years ago

141 impacted25%

Aug 2022 Β· 4 years ago

81 impacted

Other info

Compare to other companies
Job openings
3
Employees
210
Founded
11 years ago
Valuation
$1.0 billion
Trajectory Score
23
Job openings
403
Employees
5,000
Founded
11 years ago
Valuation
$17 billion
Trajectory Score
94
Job openings
129
Employees
1,800
Founded
7 years ago
Valuation
$44 billion
Trajectory Score
99