Alabama Newscenter — Techstars Alabama EnergyTech in the News: Elektrik Raises $1 Million Seed Round

By Olivia Liu
TechBuzz

Elektrik, the “Amazon-style” storefront for high-voltage electrical supplies, raised a $1 million seed round from Album VC. The startup, based in Orem, Utah, connected with Lehi-based Album after completing the TechStars Alabama EnergyTech Accelerator program in Birmingham in fall 2020.

Co-founder and former technical sales rep Mario Dealba began working on Elektrik almost two years ago. Dealba and co-founder Josh Burns launched full-time into the startup with their entry into Techstars.

“The founding team has an energy that is palpable and contagious,” said John Mayfield, partner at Album VC. “Mario is a relentless founder that will not stop until Elektrik builds out an easy-to-use marketplace for purchasing industrial electrical parts. His co-founder Josh is the perfect complement to Mario’s raw energy. Josh is the methodical builder who can flat-out crank and build.”

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