How Much Did Alter Electric Raise?
Funding & Key Investors

Alter Electric has secured significant capital, with total funding reaching $150K and a recent strategic investment of $150K. This latest financing round underscores the company's established position in the electrical contracting sector and its capacity for continued expansion.

What is Alter Electric?

Alter Electric
ConstructionConstruction Management

Alter Electric Company is a comprehensive electrical contracting firm with over 25 years of operational history in California. The company specializes in industrial, commercial, and residential projects, demonstrating a broad spectrum of expertise. Led by an owner with extensive experience in the electrical field, Alter Electric is committed to delivering high-quality workmanship and reliable service across diverse projects, including high-rise structures, adaptive reuse developments, and various electrical installations. Their operational philosophy emphasizes clear communication and client accessibility.

How much funding has Alter Electric raised?

Alter Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Alter Electric

PPP

Public-Private Partnership

What's next for Alter Electric?

The substantial backing, characterized as a large-scale late-stage funding event and a major strategic investment, positions Alter Electric for significant growth and operational scaling. This capital infusion is likely to fuel further market penetration, potential expansion into new service areas, or investment in advanced technologies to enhance project delivery and efficiency. The company's established track record and focus on dependable service suggest a strategic deployment of these funds to solidify its market leadership and pursue new opportunities within the electrical contracting industry.

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Frequently Asked Questions Regarding Alter Electric Financial Insights

What are the most recent funding rounds that Alter Electric has completed, and what were the funding rounds?
Alter Electric has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Alter Electric has raised to date?
Alter Electric has raised a total of $150K in funding to date.
How many funding rounds has Alter Electric completed?
Alter Electric has completed 1 funding rounds.
How much funding did Alter Electric raise in its most recent funding round?
Alter Electric raised $150K in its most recent funding round.
Who are the lead investors in Alter Electric's latest funding round?
The lead investor in Alter 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 Alter Electric's history?
The largest funding round in Alter Electric's history was $150K.
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