How Much Did Berwick Electric Company Raise?
Funding & Key Investors

Berwick Electric Company has secured $1M in total capital, with a recent strategic investment of $1M. This significant enterprise-level funding underscores the company's established presence and strategic growth initiatives within the electrical services sector. The recent capital infusion, dated April 14, 2020, signals a pivotal moment for the Colorado Springs-based firm as it continues to expand its operational capabilities and market reach.

What is Berwick Electric Company?

Berwick Electric Company
ConstructionConstruction Management

Founded in 1921 by J. Douglas Berwick, Berwick Electric Company is a long-standing provider of electrical services, initially transitioning from gas to electric solutions. The company has evolved to offer comprehensive residential, commercial, and industrial services, including power quality and data communications. With a commitment to integrity and cutting-edge technology, Berwick Electric serves the Pikes Peak region and undertakes out-of-state projects. The company also emphasizes corporate social responsibility, actively supporting local non-profits and causes, as recognized by the 2012 Outstanding Corporate Philanthropic Program Award.

How much funding has Berwick Electric Company raised?

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

2020

Debt

$1M

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

Key Investors in Berwick Electric Company

PPP

Public-Private Partnership

What's next for Berwick Electric Company?

The recent major strategic investment positions Berwick Electric Company for continued expansion and technological advancement. This backing is expected to fuel further development in areas such as data communications and power quality services, reinforcing its competitive edge. The company's historical focus on customer service and community involvement, combined with this new capital, suggests a trajectory aimed at solidifying its leadership in the electrical contracting industry while maintaining its commitment to corporate citizenship.

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Frequently Asked Questions Regarding Berwick Electric Company Financial Insights

What are the most recent funding rounds that Berwick Electric Company has completed, and what were the funding rounds?
Berwick Electric Company has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Berwick Electric Company has raised to date?
Berwick Electric Company has raised a total of $1M in funding to date.
How many funding rounds has Berwick Electric Company completed?
Berwick Electric Company has completed 1 funding rounds.
How much funding did Berwick Electric Company raise in its most recent funding round?
Berwick Electric Company raised $1M in its most recent funding round.
Who are the lead investors in Berwick Electric Company's latest funding round?
The lead investor in Berwick Electric Company'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 Berwick Electric Company's history?
The largest funding round in Berwick Electric Company's history was $1M.
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