How Much Did Brookside Electric Raise?
Funding & Key Investors

Brookside Electric has secured $289K in total capital, with its most recent financing round bringing in $139K in a major strategic investment. This significant backing indicates a late-stage funding environment for the company, suggesting a focus on scaling operations and market expansion.

What is Brookside Electric?

Brookside Electric
ConstructionConstruction Management

Brookside Electric is a provider of comprehensive electrical services, catering to residential, commercial, and industrial clients in Westerly, RI. The company offers a full spectrum of solutions, including electrical installations, 24/7 emergency services, and free estimates. Their expertise spans from residential wiring to advanced commercial systems such as fire alarms and energy-efficient lighting, positioning them as a reliable partner for businesses and homeowners seeking robust electrical solutions. Brookside Electric emphasizes a commitment to service excellence and customer satisfaction.

How much funding has Brookside Electric raised?

Brookside Electric has raised a total of $289K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$139K

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

Debt (2021): $139K led by PPP

Key Investors in Brookside Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Brookside Electric?

The substantial late-stage funding positions Brookside Electric for significant growth and strategic initiatives. This capital infusion is likely to fuel expansion into new markets, enhance service offerings, and potentially invest in technological advancements to maintain a competitive edge in the electrical services sector. The company's focus on quality and customer satisfaction, combined with this recent strategic investment, suggests a trajectory aimed at solidifying its market leadership and exploring new avenues for development.

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Frequently Asked Questions Regarding Brookside Electric Financial Insights

What are the most recent funding rounds that Brookside Electric has completed, and what were the funding rounds?
Brookside Electric has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Brookside Electric has raised to date?
Brookside Electric has raised a total of $289K in funding to date.
How many funding rounds has Brookside Electric completed?
Brookside Electric has completed 2 funding rounds.
How much funding did Brookside Electric raise in its most recent funding round?
Brookside Electric raised $139K in its most recent funding round.
Who are the lead investors in Brookside Electric's latest funding round?
The lead investor in Brookside 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 Brookside Electric's history?
The largest funding round in Brookside Electric's history was $150K.
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