How Much Did Beard Electric Raise?
Funding & Key Investors

Beard Electric has secured $150K in total capital, with a recent strategic investment of $150K. This significant backing underscores the company's established presence and growth trajectory in the electrical services sector, particularly with its focus on EV charging infrastructure.

What is Beard Electric?

Beard Electric
ConstructionConstruction Management

Beard Electric Company, founded in 1999 and based in New Albany, IN, offers comprehensive electrical services for residential, commercial, and industrial clients. The company specializes in dependable electrical work and EV charging station installations, providing free initial quotes. Beard Electric serves a diverse clientele, including homeowners, businesses, and apartment complexes, prioritizing safety and operational efficiency. Their commitment extends to community engagement through local cause contributions.

How much funding has Beard Electric raised?

Beard Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Beard Electric

PPP

Public-Private Partnership

What's next for Beard Electric?

The recent major strategic investment signals Beard Electric's readiness for accelerated expansion, likely focusing on scaling its EV charging installation services and potentially broadening its service area. This capital infusion is expected to enhance operational capabilities, support technological advancements in electrical solutions, and solidify its market position as a key provider in the evolving energy infrastructure landscape.

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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 Apr 28, 2020.
What is the total amount of funding Beard Electric has raised to date?
Beard Electric has raised a total of $150K 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 $150K 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 $150K.
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