How Much Did Advanced Electrical Contractors Raise?
Funding & Key Investors

Advanced Electrical Contractors has secured $150K in total capital, with a recent strategic investment of $150K. This significant backing underscores the company's established position in the market and its trajectory for future expansion. The latest financing round, identified as a major strategic investment, signals confidence from stakeholders in the company's ongoing growth and operational capabilities within the competitive electrical services sector.

What is Advanced Electrical Contractors?

Advanced Electrical Contractors
ConstructionConstruction Management

Advanced Electrical Contractors is a provider of comprehensive electrical services catering to commercial, industrial, and residential clients across the Tri-State area. Their service portfolio encompasses routine maintenance, new installations, complex troubleshooting, and emergency response, ensuring the integrity and functionality of electrical systems for a diverse clientele. The company demonstrates a particular specialization in commercial electrical projects, including wiring for office spaces and commercial kitchens, alongside residential electrical upgrades and the implementation of security systems. A core tenet of their operation is a commitment to high-quality service and client satisfaction, supported by adaptable service plans designed to meet a wide spectrum of electrical requirements.

How much funding has Advanced Electrical Contractors raised?

Advanced Electrical Contractors has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Advanced Electrical Contractors?

With the recent infusion of capital, Advanced Electrical Contractors is poised for strategic advancements. The 'large-scale late-stage funding' context suggests a focus on scaling operations, potentially expanding service territories, or investing in new technologies to enhance their offerings. This strategic investment is likely to fuel initiatives aimed at solidifying their market leadership and exploring new avenues for growth within the electrical contracting industry. Future developments may include enhanced service capabilities, broader market penetration, and continued commitment to operational excellence.

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Frequently Asked Questions Regarding Advanced Electrical Contractors Financial Insights

What are the most recent funding rounds that Advanced Electrical Contractors has completed, and what were the funding rounds?
Advanced Electrical Contractors has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Advanced Electrical Contractors has raised to date?
Advanced Electrical Contractors has raised a total of $150K in funding to date.
How many funding rounds has Advanced Electrical Contractors completed?
Advanced Electrical Contractors has completed 1 funding rounds.
How much funding did Advanced Electrical Contractors raise in its most recent funding round?
Advanced Electrical Contractors raised $150K in its most recent funding round.
Who are the lead investors in Advanced Electrical Contractors's latest funding round?
The lead investor in Advanced Electrical Contractors'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 Advanced Electrical Contractors's history?
The largest funding round in Advanced Electrical Contractors's history was $150K.
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