How Much Did Bates Electric Raise?
Funding & Key Investors

Bates Electric has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and future growth potential in the commercial electrical services sector.

What is Bates Electric?

Bates Electric
ConstructionConstruction Management

Bates Electric, a veteran-owned and Tampa-based commercial electrical contractor established in 1985, specializes in a comprehensive suite of electrical services for businesses. Their expertise spans the installation and maintenance of electric vehicle charging stations, lighting upkeep, service upgrades, and emergency repairs. Having successfully completed over 11,000 projects for diverse clients including hospitals, restaurants, and government facilities, Bates Electric is recognized for its reliability, commitment to safety, and customer satisfaction.

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

What's next for Bates Electric?

The recent major strategic investment into Bates Electric signals a pivotal moment for the company, likely enabling further expansion of its service offerings and geographic reach. This capital infusion is expected to bolster its capacity to undertake larger commercial projects and potentially invest in new technologies, such as advanced EV charging infrastructure or smart building solutions. The company's strong track record and focus on essential business services position it for continued development and market leadership.

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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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