How Much Did Boro Electric Raise?
Funding & Key Investors

Boro Electric has secured $15K in recent financing, contributing to a total funding amount of $15K. This capital infusion marks a significant step for the residential electric contractor as it continues its growth trajectory.

What is Boro Electric?

Boro Electric
ConstructionConstruction Management

Boro Electric, based in Hillsborough, NJ, is a seasoned residential electric contractor with over 25 years of experience. The company specializes in comprehensive home electrical services, including repair, installation, and upgrades, covering rewiring, lighting, and new construction projects. Led by owner Steve Grober, who personally oversees all work, Boro Electric emphasizes expertise and craftsmanship, notably operating without subcontractors. Their commitment to client convenience is underscored by 24/7 emergency service availability throughout the Central New Jersey area.

How much funding has Boro Electric raised?

Boro Electric has raised a total of $15K across 1 funding round:

2021

Debt

$15K

Debt (2021): $15K with participation from PPP

Key Investors in Boro Electric

PPP

Public-Private Partnership

What's next for Boro Electric?

Operating at a Series A/B growth stage, Boro Electric's recent moderate growth capital indicates a strategic focus on scaling operations and expanding its service reach. The company is well-positioned to leverage this investment to enhance its service offerings, potentially invest in new technologies, and further solidify its market presence in Central New Jersey. Future developments may include expanding its team of electricians and increasing its capacity to handle larger projects, building upon its established reputation for quality and reliability.

See full Boro Electric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Architecture, Engineering & DesignConstruction
Construction ManagementConstruction
Architecture, Engineering & DesignConstruction
Construction ManagementConstruction

Frequently Asked Questions Regarding Boro Electric Financial Insights

What are the most recent funding rounds that Boro Electric has completed, and what were the funding rounds?
Boro Electric has recently completed 1 funding rounds: Debt on Feb 8, 2021.
What is the total amount of funding Boro Electric has raised to date?
Boro Electric has raised a total of $15K in funding to date.
How many funding rounds has Boro Electric completed?
Boro Electric has completed 1 funding rounds.
How much funding did Boro Electric raise in its most recent funding round?
Boro Electric raised $15K in its most recent funding round.
Who are the lead investors in Boro Electric's latest funding round?
The lead investor in Boro 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 Boro Electric's history?
The largest funding round in Boro Electric's history was $15K.
See more information about Boro Electric