How Much Did Borrell Electric Raise?
Funding & Key Investors

Borrell Electric has successfully secured a major strategic investment, marking a significant milestone in its long-standing operational history. This latest capital injection, totaling $2M, bolsters the firm's financial position as it continues to scale its service offerings. With a cumulative financial backing of $2M, the company is well-positioned to leverage its historical expertise to capture larger market shares within the competitive electrical services landscape.

What is Borrell Electric?

Borrell Electric
ConstructionConstruction Management

Established in 1947, Borrell Electric has cultivated a reputation as a cornerstone of the Tampa Bay electrical infrastructure sector. The firm specializes in delivering high-stakes electrical solutions across critical verticals, including healthcare, education, and industrial manufacturing. By maintaining a rigorous 100% safety record and eliminating unscheduled outages, the company has differentiated itself as a reliable partner for complex, enterprise-level projects. Their market position is defined by a blend of legacy reliability and a modern commitment to operational excellence, allowing them to navigate the complexities of large-scale facility management with precision.

How much funding has Borrell Electric raised?

Borrell Electric has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Borrell Electric

PPP

Public-Private Partnership

What's next for Borrell Electric?

With the recent infusion of capital, Borrell Electric is poised to accelerate its strategic growth initiatives. The company intends to broaden its project portfolio, likely targeting more sophisticated industrial and institutional contracts that require high-level technical proficiency. By reinvesting this financing into advanced workforce training and infrastructure technology, Borrell Electric aims to solidify its dominance in the Florida market while exploring potential geographic expansion. The focus remains on maintaining their impeccable safety standards while scaling operations to meet the increasing demand for resilient electrical systems in the modern industrial economy.

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Frequently Asked Questions Regarding Borrell Electric Financial Insights

What are the most recent funding rounds that Borrell Electric has completed, and what were the funding rounds?
Borrell Electric has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Borrell Electric has raised to date?
Borrell Electric has raised a total of $2M in funding to date.
How many funding rounds has Borrell Electric completed?
Borrell Electric has completed 1 funding rounds.
How much funding did Borrell Electric raise in its most recent funding round?
Borrell Electric raised $2M in its most recent funding round.
Who are the lead investors in Borrell Electric's latest funding round?
The lead investor in Borrell 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 Borrell Electric's history?
The largest funding round in Borrell Electric's history was $2M.
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