How Much Did Box Electric Raise?
Funding & Key Investors

Box Electric has successfully secured a significant capital injection, bringing its total cumulative financing to $427K. This latest round, characterized as a major strategic investment of $277K, underscores the firm's robust position within the commercial electrical contracting sector. By leveraging this influx of liquidity, the Raleigh-based enterprise continues to solidify its operational footprint across North Carolina's industrial and municipal landscapes.

What is Box Electric?

Box Electric
ConstructionConstruction Management

Established in 1995, Box Electric operates as a premier licensed commercial electrical contractor. The company provides a comprehensive suite of services, ranging from complex new construction wiring and facility renovations to advanced lighting design and mission-critical technology infrastructure. Their market position is defined by a deep-seated expertise in supporting high-demand sectors, including healthcare facilities, large-scale manufacturing plants, and data centers. By maintaining a focus on reliable electrical and telecom integration, Box Electric has cultivated a reputation as a foundational partner for businesses requiring high-performance infrastructure solutions.

How much funding has Box Electric raised?

Box Electric has raised a total of $427K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$277K

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

Debt (2021): $277K led by PPP

Key Investors in Box Electric

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Box Electric?

With the recent infusion of capital, Box Electric is well-positioned to scale its service offerings and enhance its technological capabilities. The firm is expected to prioritize the expansion of its industrial and municipal project portfolios, potentially investing in advanced diagnostic tools and workforce development to meet the growing demand for modernized electrical systems. As the company navigates this late-stage growth phase, the strategic allocation of these funds will likely focus on increasing operational efficiency and strengthening its competitive advantage in the regional commercial contracting market.

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

Additional financial insights in the Construction industry

Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction
Civil Engineering ConstructionConstruction

Frequently Asked Questions Regarding Box Electric Financial Insights

What are the most recent funding rounds that Box Electric has completed, and what were the funding rounds?
Box Electric has recently completed 2 funding rounds: Debt on Mar 16, 2021, Debt on May 13, 2020.
What is the total amount of funding Box Electric has raised to date?
Box Electric has raised a total of $427K in funding to date.
How many funding rounds has Box Electric completed?
Box Electric has completed 2 funding rounds.
How much funding did Box Electric raise in its most recent funding round?
Box Electric raised $277K in its most recent funding round.
Who are the lead investors in Box Electric's latest funding round?
The lead investor in Box 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 Box Electric's history?
The largest funding round in Box Electric's history was $277K.
See more information about Box Electric