How Much Did Atlantic Electric Raise?
Funding & Key Investors

Atlantic Electric has secured $21K in total financing, with a recent capital infusion of $21K designated for substantial expansion. This latest round of investment underscores the company's strategic growth trajectory and its position within the competitive electrical services market.

What is Atlantic Electric?

Atlantic Electric
ConstructionConstruction Management

Atlantic Electric is a specialized provider of professional electrical services catering to both residential and commercial clients across Volusia and Flagler Counties. The company offers a comprehensive suite of services, including free estimates, panel upgrades, home automation solutions, and essential compliance checks for insurance inspections. Their commitment to excellence is demonstrated by their team of highly-trained, industry-certified electricians possessing extensive experience. Atlantic Electric is recognized for its strong customer service, evidenced by its membership in the Better Business Bureau and an A rating on Angie's List, positioning it as a trusted name in electrical contracting.

How much funding has Atlantic Electric raised?

Atlantic Electric has raised a total of $21K across 1 funding round:

2021

Debt

$21K

Debt (2021): $21K with participation from PPP

What's next for Atlantic Electric?

The recent capital injection signifies a critical juncture for Atlantic Electric, likely enabling significant scaling of operations, potential geographic expansion beyond Volusia and Flagler Counties, or investment in advanced technologies such as smart home integration and automation. As a company operating at a Series B/C stage, this financing is pivotal for solidifying market leadership, enhancing service delivery capabilities, and potentially exploring new service verticals within the electrical contracting industry. The focus on expansion capital suggests a strategic push to capture greater market share and operational efficiency.

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Frequently Asked Questions Regarding Atlantic Electric Financial Insights

What are the most recent funding rounds that Atlantic Electric has completed, and what were the funding rounds?
Atlantic Electric has recently completed 1 funding rounds: Debt on Feb 19, 2021.
What is the total amount of funding Atlantic Electric has raised to date?
Atlantic Electric has raised a total of $21K in funding to date.
How many funding rounds has Atlantic Electric completed?
Atlantic Electric has completed 1 funding rounds.
How much funding did Atlantic Electric raise in its most recent funding round?
Atlantic Electric raised $21K in its most recent funding round.
Who are the lead investors in Atlantic Electric's latest funding round?
The lead investor in Atlantic 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 Atlantic Electric's history?
The largest funding round in Atlantic Electric's history was $21K.
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