How Much Did Ace Electrical Raise?
Funding & Key Investors

Ace Electrical has secured $24K in total capital, with a recent financing round of $24K designated for substantial expansion. This investment marks a significant stage for the company, aligning with a Series B/C funding context, indicating a strong trajectory for growth and market penetration in the electrical services sector.

What is Ace Electrical?

Ace Electrical
ConstructionConstruction Management

Ace Electrical, Inc., established in 2002 and based in Salt Lake City, UT, is a licensed electrical contractor providing comprehensive services for both residential and commercial clients. The company's offerings span electrical repairs, system upgrades, new construction wiring, and custom lighting design. Ace Electrical has built a reputation for reliability and quality, serving homeowners and businesses that require dependable electrical solutions. Their commitment to safety, integrity, and customer satisfaction underpins their operational philosophy.

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

What's next for Ace Electrical?

With the infusion of substantial expansion capital, Ace Electrical is poised for accelerated growth. This strategic financing is expected to fuel initiatives aimed at scaling operations, potentially expanding service areas, and enhancing technological capabilities. The company's current lifecycle stage, indicated by the Series B/C funding context, suggests a focus on solidifying market position and increasing operational efficiency to meet growing demand for specialized electrical services in both the residential and commercial sectors.

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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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