How Much Did Abstract Electric Raise?
Funding & Key Investors

Abstract Electric has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the electrical contracting sector.

What is Abstract Electric?

Abstract Electric
ConstructionConstruction Management

Abstract Electric, LLC, founded in 2004 and based in Hilbert, WI, is a premier electrical contracting service provider. The company specializes in commercial and industrial electrical solutions, offering a comprehensive suite of services that includes emergency repairs, solar panel installations, and audio/video installations. Abstract Electric serves a diverse clientele across residential, commercial, and governmental sectors throughout Wisconsin, emphasizing fast, reliable, and high-quality service. Their commitment to customer satisfaction and community engagement positions them as a key player in the regional electrical services market.

How much funding has Abstract Electric raised?

Abstract Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Abstract Electric

PPP

Public-Private Partnership

What's next for Abstract Electric?

With its large-scale late-stage funding context, Abstract Electric is poised for significant expansion and operational enhancement. The recent strategic investment likely signals a phase of scaling operations, potentially through market penetration, service diversification, or technological upgrades. This capital infusion will enable the company to further solidify its market position, enhance its service delivery capabilities, and pursue new opportunities within the commercial and industrial electrical contracting landscape.

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Frequently Asked Questions Regarding Abstract Electric Financial Insights

What are the most recent funding rounds that Abstract Electric has completed, and what were the funding rounds?
Abstract Electric has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Abstract Electric has raised to date?
Abstract Electric has raised a total of $150K in funding to date.
How many funding rounds has Abstract Electric completed?
Abstract Electric has completed 1 funding rounds.
How much funding did Abstract Electric raise in its most recent funding round?
Abstract Electric raised $150K in its most recent funding round.
Who are the lead investors in Abstract Electric's latest funding round?
The lead investor in Abstract 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 Abstract Electric's history?
The largest funding round in Abstract Electric's history was $150K.
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