What is 360 Electrical?
Founded in 2005 and headquartered in Salt Lake City, Utah, 360 Electrical is dedicated to innovating and improving everyday electrical solutions. The company specializes in reimagining neglected product categories, with a notable success being its rotating electrical outlet design that addresses the inconvenience of bulky chargers. This user-centric approach has led to millions of consumers adopting their products, simplifying modern living by providing accessible power solutions and protecting valuable electronics.
How much funding has 360 Electrical raised?
360 Electrical has raised a total of $381K across 2 funding rounds:
Debt
$150K
Debt
$231K
Debt (2020): $150K with participation from PPP
Debt (2021): $231K led by PPP
Key Investors in 360 Electrical
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for 360 Electrical?
With a history of strategic investment and a focus on late-stage growth, 360 Electrical is well-positioned to expand its product line and market reach. The company's commitment to solving practical consumer problems through smart design suggests a future focused on further innovation in power management and connectivity solutions. Future capital injections will likely support scaling manufacturing, enhancing distribution channels, and developing next-generation smart home electrical accessories.
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