How Much Did Asbill Electric Service Raise?
Funding & Key Investors

Asbill Electric Service has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant backing underscores the company's established presence and strategic growth initiatives within the electrical contracting sector. The context of this latest investment points towards a major strategic maneuver, signaling a new phase of development for the Batesburg-Leesville, SC-based firm.

What is Asbill Electric Service?

Asbill Electric Service
ConstructionConstruction Management

Established in 1981, Asbill Electric Service, Inc. is a family-owned entity renowned for its comprehensive electrical contracting services. The company caters to new construction, repair, and maintenance needs, with a specialized focus on fiber optics, data communications, and both low and high voltage electrical work. Asbill Electric prioritizes safety and customer satisfaction, maintaining high ethical standards through its team of well-trained employees. Its qualifications and leadership in the electrical contracting industry have been consistently recognized, positioning it as a key player in its market.

How much funding has Asbill Electric Service raised?

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

2020

Debt

$150K

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

What's next for Asbill Electric Service?

The recent major strategic investment, within the framework of large-scale late-stage funding, suggests Asbill Electric Service is poised for significant expansion or operational enhancement. This capital infusion is likely to fuel advancements in technology adoption, service area expansion, or strategic partnerships. The company's focus on specialized services like fiber optics and data-com, combined with its long-standing reputation for quality and safety, positions it favorably to leverage this financing for sustained growth and increased market share in the competitive electrical contracting landscape.

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Frequently Asked Questions Regarding Asbill Electric Service Financial Insights

What are the most recent funding rounds that Asbill Electric Service has completed, and what were the funding rounds?
Asbill Electric Service has recently completed 1 funding rounds: Debt on May 13, 2020.
What is the total amount of funding Asbill Electric Service has raised to date?
Asbill Electric Service has raised a total of $150K in funding to date.
How many funding rounds has Asbill Electric Service completed?
Asbill Electric Service has completed 1 funding rounds.
How much funding did Asbill Electric Service raise in its most recent funding round?
Asbill Electric Service raised $150K in its most recent funding round.
Who are the lead investors in Asbill Electric Service's latest funding round?
The lead investor in Asbill Electric Service'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 Asbill Electric Service's history?
The largest funding round in Asbill Electric Service's history was $150K.
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