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How Much Did Able Electric Raise?
Funding & Key Investors

Able Electric has secured $1M in total capital, with its most recent financing round bringing in $697K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the electrical services sector.

What is Able Electric?

Able Electric
ConstructionConstruction Management

Able Electric Co. is a Las Vegas, NV-based provider of comprehensive electrical services, catering to both commercial and residential projects of varying scales. The company has built a reputation for its commitment to quality workmanship and client satisfaction, often highlighted through client testimonials that attest to their expertise and reliability in the market.

How much funding has Able Electric raised?

Able Electric has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$697K

Debt (2020): $350K with participation from PPP

Debt (2021): $697K led by PPP

Key Investors in Able Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Able Electric?

The recent major strategic investment signals a pivotal phase for Able Electric, likely enabling expansion of services, technological integration, or market penetration. This capital infusion is expected to fuel further growth and solidify its competitive advantage in the enterprise-level electrical services domain, positioning the company for sustained development and operational enhancement.

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Frequently Asked Questions Regarding Able Electric Financial Insights

What are the most recent funding rounds that Able Electric has completed, and what were the funding rounds?
Able Electric has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 9, 2020. What is the total amount of funding Able Electric has raised to date?
Able Electric has raised a total of $1M in funding to date. How many funding rounds has Able Electric completed?
Able Electric has completed 2 funding rounds. How much funding did Able Electric raise in its most recent funding round?
Able Electric raised $697K in its most recent funding round. Who are the lead investors in Able Electric's latest funding round?
The lead investor in Able 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 Able Electric's history?
The largest funding round in Able Electric's history was $697K.
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