Electric IPO

Electric provides IT support and device management services specifically designed for small and medium-sized businesses that lack dedicated IT departments. The company combines remote IT support with device management software to handle everything from software installation and troubleshooting to security updates and compliance monitoring. Electric's platform automates many routine IT tasks while providing human support when needed, effectively serving as an outsourced IT department.

What sets Electric apart from traditional managed service providers is its modern, software-first approach and transparent pricing model. The company focuses heavily on user experience, providing employees with easy ways to request IT support through Slack or other communication tools, while giving administrators comprehensive visibility into their device fleet and security posture. Electric has grown rapidly by targeting the expanding market of distributed teams and companies that need enterprise-grade IT capabilities without the complexity and cost of building internal IT teams.