How Much Did 1st Choice Electrical & Security Raise?
Funding & Key Investors

1st Choice Electrical & Security has secured $25K in total funding, with a recent capital injection of $25K designated for substantial expansion. This financing round, indicative of a significant Series B/C stage, underscores the company's strategic growth trajectory in the electrical and security contracting sector.

What is 1st Choice Electrical & Security?

1st Choice Electrical & Security
ConstructionConstruction ManagementBusiness Services

Founded in 2002 and headquartered in Virginia, 1st Choice Electrical & Security operates as a Class A Electrical and Security contractor. The company offers comprehensive electrical and security services to a diverse clientele, including local, state, and federal governments, as well as the residential and commercial markets. Their service portfolio encompasses business and commercial security system features, security monitoring, and the provision of quality home security systems, positioning them as a full-service provider in a critical infrastructure domain.

How much funding has 1st Choice Electrical & Security raised?

1st Choice Electrical & Security has raised a total of $25K across 1 funding round:

2021

Debt

$25K

Debt (2021): $25K with participation from PPP

Key Investors in 1st Choice Electrical & Security

PPP

Public-Private Partnership

What's next for 1st Choice Electrical & Security?

With the recent infusion of substantial expansion capital, 1st Choice Electrical & Security is poised for accelerated growth. This strategic investment is expected to fuel enhancements in service delivery, technological integration, and market penetration. The company's focus on government contracts and its established presence in the commercial and residential sectors provide a solid foundation for leveraging this new financing to solidify its market leadership and expand its operational footprint.

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Frequently Asked Questions Regarding 1st Choice Electrical & Security Financial Insights

What are the most recent funding rounds that 1st Choice Electrical & Security has completed, and what were the funding rounds?
1st Choice Electrical & Security has recently completed 1 funding rounds: Debt on Feb 4, 2021.
What is the total amount of funding 1st Choice Electrical & Security has raised to date?
1st Choice Electrical & Security has raised a total of $25K in funding to date.
How many funding rounds has 1st Choice Electrical & Security completed?
1st Choice Electrical & Security has completed 1 funding rounds.
How much funding did 1st Choice Electrical & Security raise in its most recent funding round?
1st Choice Electrical & Security raised $25K in its most recent funding round.
Who are the lead investors in 1st Choice Electrical & Security's latest funding round?
The lead investor in 1st Choice Electrical & Security'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 1st Choice Electrical & Security's history?
The largest funding round in 1st Choice Electrical & Security's history was $25K.
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