The 2025 SaaS Trends Report:Uncover the top purchases, pricing trends, and AI's impact  
The 2025 SaaS Trends Report: Uncover the top SaaS purchases, pricing trends, and AI's impact on software buying
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About
Electric
$7,686$122,671per year
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Electric

We’re on a mission to revolutionize IT by making it simple, accessible, and cost effective for businesses everywhere ⚡️

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How much does Electric cost?

Median buyer pays
$72,300
per year
Based on data from 57 purchases, with buyers saving 20% on average.
Median: $72,300
$7,686
$122,671
LowHigh
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About Electric

Electric Overview

We’re on a mission to revolutionize IT by making it simple, accessible, and cost effective for businesses everywhere ⚡️

Electric's 1 Product

Electric logo
Electric

We’re on a mission to revolutionize IT by making it simple, accessible, and cost effective for businesses everywhere ⚡️

Security and compliance

DPA available
SOC2 attestation
Annual penetration tests

Vendr community insights for Electric

Company with 201-1000 employeesThis year
"Electric was acquired by Techvera and therefore upon renewal the pricing model had changed. We were able to gain savings by asking for a short term extension of previous pricing and also agreeing to a longer term contract thereafter."
Company with 201-1000 employeesA while ago
"We are in process of evaluation, and Electric let us do a 3 or 6 month contract at a higher rate. Flexibility was more important to us, so we went with a 3 month offer. "
Company with 201-1000 employeesA while ago
"Electric presented a 5% increase on our renewal but with push back and reference to our budget we were able to sign at no increase."
Company with 201-1000 employeesA while ago
"We had terrible support issues through our past contract but were unable to move away in this renewal cycle. Because of this, we were able to negotiate a 6 month flat renewal so that we can look at other solutions in the next few months. "

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