What is Bean Electrical?
Founded in March 1984 and incorporated in 1985, Bean Electrical, Inc. is a privately owned electrical contracting company headquartered in Fort Worth, Texas. Established by Roy E. Bean Sr. to meet the demand for an independent electrical contracting service in Texas, the company has consistently prioritized excellence. Bean Electrical is a licensed contractor in Texas, with employees undergoing rigorous on-the-job training and participating in the Independent Electrical Contracting Association's apprenticeship program. Roy E. Bean II (Chip) assumed leadership as President and Master Electrician in 2002, continuing the company's legacy of commitment and capability in handling diverse projects.
How much funding has Bean Electrical raised?
Bean Electrical has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Bean Electrical
PPP
Public-Private Partnership
What's next for Bean Electrical?
The recent major strategic investment indicates a phase of scaling or significant operational expansion for Bean Electrical. This capital infusion is likely to fuel advancements in service offerings, technological adoption, or geographic reach. As an established enterprise in the Texas market, this financing will empower the company to further solidify its position and pursue new opportunities within the competitive electrical contracting landscape, potentially enhancing its capacity for larger-scale projects and reinforcing its commitment to client satisfaction.
See full Bean Electrical company page
