How Much Did Beard Electric Raise?
Funding & Key Investors

Beard Electric has secured $37K in total financing, with a recent capital injection of $37K designated for substantial expansion. This strategic investment positions the company for significant growth in the electrical contracting sector.

What is Beard Electric?

Beard Electric
ConstructionConstruction Management

Beard Electric LLC is a seasoned electrical contractor boasting over five decades of operational experience. The company specializes in the comprehensive installation and repair of electrical systems across commercial, industrial, and residential domains. Their service portfolio is extensive, encompassing lighting solutions, telecommunications infrastructure, advanced security systems, and the installation of Haier ductless mini-split heating and AC units. Serving the Cortland, NY region and its environs, Beard Electric provides integrated solutions for electrical and technology requirements, including the deployment of generator systems, electric vehicle (EV) charging stations, and fiber optic cable services.

How much funding has Beard Electric raised?

Beard Electric has raised a total of $37K across 1 funding round:

2021

Debt

$37K

Debt (2021): $37K with participation from PPP

What's next for Beard Electric?

Operating at a significant Series B/C stage, Beard Electric's recent influx of substantial expansion capital is poised to fuel its next phase of development. This financing is expected to enable the company to enhance its service offerings, potentially expand its geographic reach, and invest in new technologies to maintain its competitive edge in the electrical contracting market. The company's long-standing reputation and diverse service capabilities suggest a strategic focus on leveraging this investment to solidify its market position and pursue new opportunities in infrastructure and technology integration.

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Frequently Asked Questions Regarding Beard Electric Financial Insights

What are the most recent funding rounds that Beard Electric has completed, and what were the funding rounds?
Beard Electric has recently completed 1 funding rounds: Debt on Mar 5, 2021.
What is the total amount of funding Beard Electric has raised to date?
Beard Electric has raised a total of $37K in funding to date.
How many funding rounds has Beard Electric completed?
Beard Electric has completed 1 funding rounds.
How much funding did Beard Electric raise in its most recent funding round?
Beard Electric raised $37K in its most recent funding round.
Who are the lead investors in Beard Electric's latest funding round?
The lead investor in Beard 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 Beard Electric's history?
The largest funding round in Beard Electric's history was $37K.
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