How Much Did Acra Electric Raise?
Funding & Key Investors

Acra Electric has successfully secured a significant capital injection, marking a pivotal moment in its long-standing operational history. With a cumulative total funding amount reaching $350K, the firm continues to solidify its market presence. This recent funding amount of $350K represents a major strategic investment, underscoring the company's resilience and its capacity to scale operations within the competitive electrical services sector.

What is Acra Electric?

Acra Electric
ConstructionConstruction Management

Established in 1975, Acra Electric, Inc. has evolved from a family-owned enterprise into a cornerstone of the Cape Coral electrical contracting landscape. The firm maintains a robust portfolio spanning residential, commercial, and marine electrical services. By leveraging a team of Master Electrician license holders, the company ensures high-quality workmanship that meets rigorous safety and performance standards. Their market position is defined by long-term client relationships and a commitment to technical excellence, allowing them to navigate complex infrastructure projects with precision and reliability.

How much funding has Acra Electric raised?

Acra Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Acra Electric

PPP

Public-Private Partnership

What's next for Acra Electric?

The infusion of capital is expected to catalyze the next phase of growth for Acra Electric, particularly as the firm looks to modernize its service delivery and expand its footprint in the marine and commercial sectors. By prioritizing operational efficiency and workforce development, the company is well-positioned to capitalize on regional infrastructure demands. This strategic financing provides the necessary liquidity to upgrade technical capabilities and maintain the high standards of service that have defined the brand for nearly five decades, ensuring long-term sustainability in an evolving energy market.

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Frequently Asked Questions Regarding Acra Electric Financial Insights

What are the most recent funding rounds that Acra Electric has completed, and what were the funding rounds?
Acra Electric has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Acra Electric has raised to date?
Acra Electric has raised a total of $350K in funding to date.
How many funding rounds has Acra Electric completed?
Acra Electric has completed 1 funding rounds.
How much funding did Acra Electric raise in its most recent funding round?
Acra Electric raised $350K in its most recent funding round.
Who are the lead investors in Acra Electric's latest funding round?
The lead investor in Acra 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 Acra Electric's history?
The largest funding round in Acra Electric's history was $350K.
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