How Much Did Allways Electric Raise?
Funding & Key Investors

Allways Electric has secured $350K in total capital, with its most recent financing round bringing in $350K through a major strategic investment. This significant backing positions the company for continued expansion in the essential services sector.

What is Allways Electric?

Allways Electric
ConstructionConstruction ManagementConsumer Services

Allways Electric Corp. is a Long Island, NY-based provider of 24-hour emergency electrician repair services. With a legacy spanning over five decades and a track record of more than 220,000 completed jobs, the company serves a diverse clientele including homeowners, building managers, restoration contractors, builders, and insurance companies. Their service offerings encompass flat-rate service calls, commercial lighting maintenance, and the installation of electric vehicle charging stations. The company emphasizes reliable service, value, and customer satisfaction, backed by a team of master electricians committed to safe and efficient operations.

How much funding has Allways Electric raised?

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

2020

Debt

$350K

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

What's next for Allways Electric?

The substantial late-stage funding indicates a strategic push for Allways Electric to scale its operations and potentially expand its service area or technological offerings, such as EV charging infrastructure. This capital infusion is likely to enhance their capacity to handle larger projects and reinforce their market position as a leading emergency electrical service provider in the Long Island region. Future growth may involve further investment in their skilled workforce and operational efficiency to meet increasing demand.

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Frequently Asked Questions Regarding Allways Electric Financial Insights

What are the most recent funding rounds that Allways Electric has completed, and what were the funding rounds?
Allways Electric has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Allways Electric has raised to date?
Allways Electric has raised a total of $350K in funding to date.
How many funding rounds has Allways Electric completed?
Allways Electric has completed 1 funding rounds.
How much funding did Allways Electric raise in its most recent funding round?
Allways Electric raised $350K in its most recent funding round.
Who are the lead investors in Allways Electric's latest funding round?
The lead investor in Allways 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 Allways Electric's history?
The largest funding round in Allways Electric's history was $350K.
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