How Much Did Ace Electrical Raise?
Funding & Key Investors

Ace Electrical has secured $24K in recent financing, contributing to a total funding profile of $24K. This substantial expansion capital injection signifies a significant milestone for the Salt Lake City-based electrical services provider, positioning it for accelerated growth within the competitive residential and commercial sectors. The company's strategic financial maneuvers underscore its commitment to scaling operations and enhancing service delivery.

What is Ace Electrical?

Ace Electrical
ConstructionConstruction Management

Ace Electrical, Inc., established in 2002, is a licensed electrical contractor operating out of Salt Lake City, UT. The company offers a comprehensive suite of electrical solutions, encompassing repairs, upgrades, new construction wiring, and bespoke lighting design for both residential and commercial clientele. With a foundational commitment to safety, integrity, and customer satisfaction, Ace Electrical has built a reputation for delivering reliable, high-quality electrical work, catering to homeowners and businesses seeking expert services.

How much funding has Ace Electrical raised?

Ace Electrical has raised a total of $24K across 1 funding round:

2021

Debt

$24K

Debt (2021): $24K with participation from PPP

Key Investors in Ace Electrical

PPP

Public-Private Partnership

What's next for Ace Electrical?

The recent influx of substantial expansion capital, indicative of a significant Series B/C stage funding round, suggests Ace Electrical is poised for a period of aggressive scaling. This strategic investment will likely fuel enhancements in operational capacity, technological adoption, and market reach. The company is expected to leverage this financial backing to solidify its presence in the Salt Lake City area and potentially explore new service territories or specialized offerings, reinforcing its competitive edge in the electrical contracting industry.

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Frequently Asked Questions Regarding Ace Electrical Financial Insights

What are the most recent funding rounds that Ace Electrical has completed, and what were the funding rounds?
Ace Electrical has recently completed 1 funding rounds: Debt on Mar 23, 2021.
What is the total amount of funding Ace Electrical has raised to date?
Ace Electrical has raised a total of $24K in funding to date.
How many funding rounds has Ace Electrical completed?
Ace Electrical has completed 1 funding rounds.
How much funding did Ace Electrical raise in its most recent funding round?
Ace Electrical raised $24K in its most recent funding round.
Who are the lead investors in Ace Electrical's latest funding round?
The lead investor in Ace Electrical'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 Ace Electrical's history?
The largest funding round in Ace Electrical's history was $24K.
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