How Much Did Absolute Electrical Contractors Raise?
Funding & Key Investors

Absolute Electrical Contractors has secured significant capital, with total funding reaching $320K following a recent strategic investment of $170K. This latest financing round underscores the company's established presence and potential for further expansion within the electrical services sector.

What is Absolute Electrical Contractors?

Absolute Electrical Contractors
ConstructionConstruction Management

Absolute Electrical Contractors is a professional services firm dedicated to providing high-quality electrical solutions across commercial, residential, and multi-family sectors. The company prides itself on its team of experts who ensure every project, irrespective of scale, is executed with precision and adherence to industry standards. Their commitment to excellence positions them as a reliable partner for clients seeking dependable electrical services from inception to completion.

How much funding has Absolute Electrical Contractors raised?

Absolute Electrical Contractors has raised a total of $320K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$170K

Debt (2020): $150K with participation from PPP

Debt (2021): $170K led by PPP

Key Investors in Absolute Electrical Contractors

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Absolute Electrical Contractors?

The substantial capital infusion, characterized as a large-scale late-stage funding event, suggests Absolute Electrical Contractors is poised for significant growth and strategic initiatives. This investment will likely fuel operational scaling, technological advancements, and potentially market expansion. The company's focus on diverse clientele indicates a robust business model capable of leveraging this financing to enhance service delivery and solidify its market position in the competitive electrical contracting landscape.

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Frequently Asked Questions Regarding Absolute Electrical Contractors Financial Insights

What are the most recent funding rounds that Absolute Electrical Contractors has completed, and what were the funding rounds?
Absolute Electrical Contractors has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on May 3, 2020.
What is the total amount of funding Absolute Electrical Contractors has raised to date?
Absolute Electrical Contractors has raised a total of $320K in funding to date.
How many funding rounds has Absolute Electrical Contractors completed?
Absolute Electrical Contractors has completed 2 funding rounds.
How much funding did Absolute Electrical Contractors raise in its most recent funding round?
Absolute Electrical Contractors raised $170K in its most recent funding round.
Who are the lead investors in Absolute Electrical Contractors's latest funding round?
The lead investor in Absolute 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 Absolute Electrical Contractors's history?
The largest funding round in Absolute Electrical Contractors's history was $170K.
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