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

Alpha Electrical Contractors has secured significant capital, with a total funding amount of $319K. The company recently announced a major strategic investment of $169K, underscoring its position in the market and its trajectory for growth. This latest financing round follows previous debt financing, indicating a strategic shift or expansion phase for the electrical services provider.

What is Alpha Electrical Contractors?

Alpha Electrical Contractors
ConstructionConstruction Management

Alpha Electrical Contractors, Inc. is a licensed and insured provider of commercial, industrial, and residential electrical services across the Rhode Island area. The company has built a reputation for high-quality workmanship and delivering exceptional results, collaborating closely with owners and general contractors to provide effective electrical solutions and installations. Key personnel experience contributes to the company's standing among clients, engineers, architects, general contractors, and suppliers as a knowledgeable, professional, and fair entity. Their service offerings include, but are not limited to, low voltage systems such as Tel/Data, intercoms, access controls, and security cameras.

How much funding has Alpha Electrical Contractors raised?

Alpha Electrical Contractors has raised a total of $319K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$169K

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

Debt (2021): $169K led by PPP

What's next for Alpha Electrical Contractors?

With the recent influx of capital, Alpha Electrical Contractors is poised for a new phase of development and expansion. The large-scale, late-stage funding context suggests a strategic focus on scaling operations, potentially entering new markets, or investing in advanced technologies to enhance service delivery. This investment will likely enable the company to strengthen its competitive advantage in the commercial and industrial electrical services sector, further solidifying its reputation for quality and reliability.

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Frequently Asked Questions Regarding Alpha Electrical Contractors Financial Insights

What are the most recent funding rounds that Alpha Electrical Contractors has completed, and what were the funding rounds?
Alpha Electrical Contractors has recently completed 2 funding rounds: Debt on Mar 13, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Alpha Electrical Contractors has raised to date?
Alpha Electrical Contractors has raised a total of $319K in funding to date.
How many funding rounds has Alpha Electrical Contractors completed?
Alpha Electrical Contractors has completed 2 funding rounds.
How much funding did Alpha Electrical Contractors raise in its most recent funding round?
Alpha Electrical Contractors raised $169K in its most recent funding round.
Who are the lead investors in Alpha Electrical Contractors's latest funding round?
The lead investor in Alpha 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 Alpha Electrical Contractors's history?
The largest funding round in Alpha Electrical Contractors's history was $169K.
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