How Much Did A&L Electrical Raise?
Funding & Key Investors

A&L Electrical has secured significant enterprise-level funding, with a recent strategic investment of $702K contributing to a total funding amount of $1.1M. This capital infusion underscores the company's established position in the electrical contracting market and its ongoing growth trajectory.

What is A&L Electrical?

A&L Electrical
ConstructionConstruction Management

Founded in Central Virginia in 2005, A&L Electrical Inc. has built a reputation for integrity and quality in electrical contracting. The company's core focus, comprising 85-90% of its operations, is on serving the demanding industrial sector, with particular expertise in heavy industrial facilities such as paper mills and power plants. A&L Electrical also provides specialized medium voltage services and round-the-clock bucket truck services for commercial clients, including lighting system installations. Their specialized instrumentation services cater to the unique needs of pulp and paper and food processing centers, highlighting a deep technical capability within niche industrial markets.

How much funding has A&L Electrical raised?

A&L Electrical has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$702K

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

Debt (2021): $702K led by PPP

Key Investors in A&L Electrical

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for A&L Electrical?

The recent strategic investment signals A&L Electrical's readiness for further expansion and operational enhancement. With a strong foundation in industrial electrical contracting, the company is well-positioned to leverage this capital for scaling its services, potentially exploring new industrial verticals or enhancing its medium voltage and instrumentation capabilities. This funding will likely support increased project capacity, technological upgrades, and continued commitment to high-quality service delivery in its core markets.

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Frequently Asked Questions Regarding A&L Electrical Financial Insights

What are the most recent funding rounds that A&L Electrical has completed, and what were the funding rounds?
A&L Electrical has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 4, 2020.
What is the total amount of funding A&L Electrical has raised to date?
A&L Electrical has raised a total of $1.1M in funding to date.
How many funding rounds has A&L Electrical completed?
A&L Electrical has completed 2 funding rounds.
How much funding did A&L Electrical raise in its most recent funding round?
A&L Electrical raised $702K in its most recent funding round.
Who are the lead investors in A&L Electrical's latest funding round?
The lead investor in A&L 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 A&L Electrical's history?
The largest funding round in A&L Electrical's history was $702K.
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