Active Electric Funding: How Much Did They Raise & Key Investors

How Much Did Active Electric Raise?
Funding & Key Investors

Active Electric has secured a total funding of $374K, with its most recent financing round amounting to $24K. This substantial expansion capital injection signifies a significant milestone for the company, positioning it for accelerated growth within the competitive electrical services sector. The company's late-stage funding context suggests a mature operational phase, likely aimed at scaling operations and market reach.

What is Active Electric?

Active Electric

Construction

Construction Management

Active Electric, Inc. is a comprehensive provider of electrical services, catering to a diverse clientele that spans commercial, industrial, institutional, and residential sectors. Headquartered in Dayton, Ohio, the company extends its reliable and quality-focused electrical solutions across the greater Miami Valley region, as well as to Columbus and Northern Kentucky. Their commitment to safety and excellence underpins their reputation as a trusted partner for a wide array of electrical needs.

How much funding has Active Electric raised?

Active Electric has raised a total of $374K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$24K

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

Debt (2021): $24K led by PPP

What's next for Active Electric?

With the recent influx of substantial expansion capital, Active Electric is poised for a strategic scaling of its operations. This late-stage funding is indicative of a robust growth trajectory, likely enabling the company to enhance its service capabilities, expand its geographical footprint, and potentially invest in new technologies or infrastructure. The focus will likely be on solidifying its market position and capitalizing on opportunities within its service areas.

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