How Much Did A C Spear Electric Raise?
Funding & Key Investors

A C Spear Electric has successfully secured a significant capital injection, bringing its total funding to $102K. This latest round, characterized by a $102K major strategic investment, underscores the firm's robust position within the electrical contracting sector. By leveraging this influx of liquidity, the company aims to solidify its operational footprint across upstate New York and Pennsylvania, reinforcing its commitment to high-quality electrical distribution and infrastructure maintenance.

What is A C Spear Electric?

A C Spear Electric
ConstructionConstruction Management

With a legacy spanning over five decades, A C Spear Electric has established itself as a cornerstone of electrical contracting services. The firm provides comprehensive solutions ranging from residential service upgrades to complex, heavy industrial installations. Operating as an open shop employer, the company maintains a highly skilled workforce, including master-licensed electricians across key municipalities such as Binghamton, Syracuse, and Norwich. Their market position is defined by a rigorous focus on safety, technical proficiency, and 24-hour emergency responsiveness, making them a preferred partner for diverse commercial and industrial projects requiring precise electrical distribution expertise.

How much funding has A C Spear Electric raised?

A C Spear Electric has raised a total of $102K across 1 funding round:

2021

Debt

$102K

Debt (2021): $102K with participation from PPP

Key Investors in A C Spear Electric

PPP

Public-Private Partnership

What's next for A C Spear Electric?

The recent infusion of capital positions A C Spear Electric to scale its service capabilities and modernize its technical infrastructure. As the firm transitions through this late-stage growth phase, management is expected to prioritize the expansion of its industrial service portfolio and the integration of advanced safety protocols. By capitalizing on its established regional presence, the company is well-positioned to capture additional market share in the competitive electrical contracting landscape, ensuring long-term sustainability and continued excellence in power distribution services.

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Frequently Asked Questions Regarding A C Spear Electric Financial Insights

What are the most recent funding rounds that A C Spear Electric has completed, and what were the funding rounds?
A C Spear Electric has recently completed 1 funding rounds: Debt on Mar 23, 2021.
What is the total amount of funding A C Spear Electric has raised to date?
A C Spear Electric has raised a total of $102K in funding to date.
How many funding rounds has A C Spear Electric completed?
A C Spear Electric has completed 1 funding rounds.
How much funding did A C Spear Electric raise in its most recent funding round?
A C Spear Electric raised $102K in its most recent funding round.
Who are the lead investors in A C Spear Electric's latest funding round?
The lead investor in A C Spear Electric'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 C Spear Electric's history?
The largest funding round in A C Spear Electric's history was $102K.
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