This is Electric’s third round of funding in just 12 months, capping off a year of massive growth fueled by the pandemic. The money will be used to expand the company’s sales and marketing efforts, as well as further its DEI efforts.
Venture capital has been consistently pouring into the Big Apple lately. Last week, several tech companies raked in nine-digit sums. Read on for more details. This is the Built In NYC weekly refresh.
