What is A-C Electric?
A-C Electric Inc. is a distinguished full-service electrical contractor with over six decades of operational experience. Specializing in commercial, residential, and industrial electrical services across Salt Lake City and northern Utah, the company offers a comprehensive suite of solutions. These include advanced design/build capabilities, meticulous electrical repair and maintenance, state-of-the-art thermographic imaging, and efficient lighting retrofitting. Renowned for its 24-hour emergency service, A-C Electric has solidified its reputation for unwavering quality and professionalism, evidenced by its consecutive 20-year recognition as the Best Small Electrical Contractor in Northern Utah. The firm consistently serves commercial businesses, industrial facilities, and residential homeowners seeking dependable and expert electrical solutions.
How much funding has A-C Electric raised?
A-C Electric has raised a total of $853K across 2 funding rounds:
Debt
$350K
Debt
$503K
Debt (2020): $350K with participation from PPP
Debt (2021): $503K led by PPP
Key Investors in A-C Electric
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for A-C Electric?
The recent major strategic investment signals a pivotal phase for A-C Electric, likely enabling the company to scale its operations, invest in new technologies, and potentially expand its service area or offerings. Given the enterprise-level context of its total funding, this capital infusion is poised to fortify its market leadership and support its long-term strategic objectives. Future developments may include enhanced service delivery, broader client acquisition, and continued commitment to the high standards that have defined its success over 60 years.
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