AlleyWatch, the largest organization focused on NYC Tech, celebrates the work of the individuals that serve as a catalyst for innovation within the NYC Tech ecosystem.
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When investors say they bet on "the jockey and not the horse" they may have been thinking about Ryan Denehy. Denehy started his first company Eastern Front, a sports video production company, at age 17. The company was sold two years later to BNQT Media Group. While at BNQT, where he focused on partner strategy and audience development, the company was acquired by USA TODAY. Two exits before he turned 22.
At USA TODAY, Denehy oversaw the online sports and lifestyle division. The entrepreneurial bug hit Denehy and he left USA Today to cofound SWARM Mobile, a retail analytics platform for SMBs. Two and a half years later, the company was sold to Groupon. In 2016, Denehy returned to New York to launch Electric, an idea that was inspired from the difficulties he faced in IT management at his previous companies.
Electric is the all-in-one IT support solution that leverages AI, automation, and chat to ensure that small and medium businesses are able to maintain their IT infrastructure at a fraction of the cost of a managed service provider. The platform allows businesses to set up a world-class help desk in minutes. Any support requested is responded to in minutes and in the event that you do require offline support, Electric will provide recommendations from a list of vetted providers.
Electric is backed by investors that include Bessemer Venture Partners, Bowery Capital, GGV Capital, Supernode Ventures, and Primary Venture Partners and has raised $37.3M in funding over four rounds.