How Much Did A + Electrical Contractors Raise?
Funding & Key Investors

A + Electrical Contractors has secured $2.6M in total capital, with its most recent financing round bringing in $1.6M in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the electrical contracting sector.

What is A + Electrical Contractors?

A + Electrical Contractors
ConstructionConstruction Management

Electrical Contractors, Incorporated (ECI), operating as A + Electrical Contractors, is a comprehensive, Connecticut-based contractor renowned for its capability in managing diverse and complex projects. Since its inception in 1971, the company has built a strong reputation, particularly within Connecticut and Massachusetts, as a leading Merit Shop Electrical and Specialty Service Contractor. This distinction is attributed to its unwavering commitment to excellence, leadership, and superior customer service, qualities essential for the successful execution of numerous multi-million dollar contracts. The firm boasts a robust team of over 100 professionally licensed electricians, complemented by more than 25 skilled managers and support staff, all dedicated to delivering professional assistance in comprehensive project management, with a keen focus on critical time schedules and budgetary adherence. A + Electrical Contractors is well-equipped to address the challenges inherent in any project, regardless of scale or complexity.

How much funding has A + Electrical Contractors raised?

A + Electrical Contractors has raised a total of $2.6M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.6M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.6M led by PPP

What's next for A + Electrical Contractors?

The recent major strategic investment signifies a pivotal moment for A + Electrical Contractors, positioning it for accelerated growth and enhanced operational capabilities. This capital infusion is expected to fuel strategic initiatives, potentially including the expansion of service offerings, technological advancements in project management, and broader market penetration within its established territories. The company's history of successfully completing large-scale, complex projects, combined with its experienced workforce, suggests a strategic focus on leveraging this new financing to solidify its market leadership and pursue new opportunities in the competitive electrical contracting landscape.

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Frequently Asked Questions Regarding A + Electrical Contractors Financial Insights

What are the most recent funding rounds that A + Electrical Contractors has completed, and what were the funding rounds?
A + Electrical Contractors has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 14, 2020.
What is the total amount of funding A + Electrical Contractors has raised to date?
A + Electrical Contractors has raised a total of $2.6M in funding to date.
How many funding rounds has A + Electrical Contractors completed?
A + Electrical Contractors has completed 2 funding rounds.
How much funding did A + Electrical Contractors raise in its most recent funding round?
A + Electrical Contractors raised $1.6M in its most recent funding round.
Who are the lead investors in A + Electrical Contractors's latest funding round?
The lead investor in A + Electrical Contractors'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 A + Electrical Contractors's history?
The largest funding round in A + Electrical Contractors's history was $1.6M.
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