How Much Did Electric Red Raise?
Funding & Key Investors

Electric Red has secured $150K in total funding, with a recent strategic investment of $150K marking a significant milestone in its growth trajectory. This latest capital infusion underscores the company's established position in the market and its potential for future expansion.

What is Electric Red?

Electric Red
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Electric Red specializes in providing managed, AI-powered technology services and support. The company's core offerings encompass application management, integration, and robust security solutions, designed to enhance technology management for businesses. By focusing on comprehensive support tailored to client needs, Electric Red targets organizations seeking advanced technology solutions to optimize efficiency and bolster security.

How much funding has Electric Red raised?

Electric Red has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Electric Red?

With a substantial large-scale late-stage funding context, Electric Red is poised for significant scaling and market penetration. The recent strategic investment suggests a strong validation of its business model and technological capabilities. Future developments are likely to focus on expanding service offerings, enhancing AI-driven capabilities, and potentially exploring new market segments or strategic partnerships to further solidify its competitive advantage in the technology services sector.

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Frequently Asked Questions Regarding Electric Red Financial Insights

What are the most recent funding rounds that Electric Red has completed, and what were the funding rounds?
Electric Red has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Electric Red has raised to date?
Electric Red has raised a total of $150K in funding to date.
How many funding rounds has Electric Red completed?
Electric Red has completed 1 funding rounds.
How much funding did Electric Red raise in its most recent funding round?
Electric Red raised $150K in its most recent funding round.
Who are the lead investors in Electric Red's latest funding round?
The lead investor in Electric Red's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Electric Red's history?
The largest funding round in Electric Red's history was $150K.
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