How Much Did Bates Electric Raise?
Funding & Key Investors

Bates Electric has solidified its standing as a cornerstone of the Tampa commercial infrastructure sector, recently securing a major strategic investment of $1M. This capital infusion follows a long-term trajectory of operational excellence, bringing the firm's cumulative financial backing to $1M. As a veteran-owned enterprise with nearly four decades of experience, the company continues to leverage its deep technical expertise to meet the evolving demands of large-scale commercial and government facilities.

What is Bates Electric?

Bates Electric
ConstructionConstruction Management

Established in 1985, Bates Electric operates as a premier commercial electrical contractor, providing critical infrastructure support across diverse sectors including healthcare, hospitality, and public administration. The firm has successfully executed over 11,000 projects, ranging from complex service upgrades to the deployment of modern electric vehicle charging networks. By prioritizing safety, regulatory compliance, and operational efficiency, Bates Electric has positioned itself as a reliable partner for businesses requiring high-availability electrical systems. Their service model integrates routine maintenance with emergency response capabilities, ensuring that commercial properties maintain continuous uptime in an increasingly electrified economy.

How much funding has Bates Electric raised?

Bates Electric has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Bates Electric

PPP

Public-Private Partnership

What's next for Bates Electric?

With the recent influx of capital, Bates Electric is well-positioned to scale its service offerings and expand its footprint within the regional commercial market. The strategic focus will likely center on accelerating the adoption of sustainable energy solutions, specifically the installation and management of high-capacity EV charging infrastructure for enterprise clients. By modernizing its service delivery platform and investing in workforce development, the company aims to maintain its competitive edge in the Tampa construction and maintenance landscape. Future growth will be driven by the increasing necessity for robust electrical grid integration in aging commercial facilities, allowing Bates Electric to capitalize on the transition toward smarter, more efficient building management systems.

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Frequently Asked Questions Regarding Bates Electric Financial Insights

What are the most recent funding rounds that Bates Electric has completed, and what were the funding rounds?
Bates Electric has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Bates Electric has raised to date?
Bates Electric has raised a total of $1M in funding to date.
How many funding rounds has Bates Electric completed?
Bates Electric has completed 1 funding rounds.
How much funding did Bates Electric raise in its most recent funding round?
Bates Electric raised $1M in its most recent funding round.
Who are the lead investors in Bates Electric's latest funding round?
The lead investor in Bates 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 Bates Electric's history?
The largest funding round in Bates Electric's history was $1M.
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