How Much Did BOYD Electric Raise?
Funding & Key Investors

BOYD Electric, a nationwide provider of electrical construction, maintenance, and lighting services, has secured significant capital, with its total funding reaching $384K. The company recently closed a major strategic investment, bringing in $234K in new financing. This latest round of backing underscores Boyd Electric's established market presence and its strategic direction in the energy services sector.

What is BOYD Electric?

BOYD Electric
ConstructionConstruction Management

Boyd Electric, Inc. has established itself over three decades as a comprehensive provider of electrical construction, maintenance, and lighting solutions across the United States. The company's core mission revolves around assisting clients in optimizing their electrical systems, facilitating energy-efficient choices that yield cost savings and environmental benefits. Serving a diverse array of industries, Boyd Electric ensures broad national coverage and delivers tailored, high-quality electrical services designed to meet specific client requirements.

How much funding has BOYD Electric raised?

BOYD Electric has raised a total of $384K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$234K

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

Debt (2021): $234K led by PPP

What's next for BOYD Electric?

With the recent influx of substantial capital, BOYD Electric is strategically positioned for continued expansion and operational enhancement. The large-scale, late-stage funding indicates a focus on scaling its nationwide service capabilities and potentially investing in new technologies or service offerings to further its commitment to energy efficiency and cost savings for its clients. This strategic investment is expected to solidify its market leadership and drive future growth in the competitive electrical services industry.

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Frequently Asked Questions Regarding BOYD Electric Financial Insights

What are the most recent funding rounds that BOYD Electric has completed, and what were the funding rounds?
BOYD Electric has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 11, 2020.
What is the total amount of funding BOYD Electric has raised to date?
BOYD Electric has raised a total of $384K in funding to date.
How many funding rounds has BOYD Electric completed?
BOYD Electric has completed 2 funding rounds.
How much funding did BOYD Electric raise in its most recent funding round?
BOYD Electric raised $234K in its most recent funding round.
Who are the lead investors in BOYD Electric's latest funding round?
The lead investor in BOYD 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 BOYD Electric's history?
The largest funding round in BOYD Electric's history was $234K.
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