What is Burns Electric?
With a legacy spanning over 55 years, Burns Electric has evolved from a local provider into a comprehensive solutions architect for residential and commercial spaces. The company maintains a robust portfolio that encompasses high-end appliances, plumbing systems, lighting fixtures, cabinetry, and flooring solutions. By integrating design services with high-quality installation, Burns Electric has solidified its reputation as a trusted partner for property transformation. The firm's commitment to excellence was formally recognized in 2019 with the Business Legacy Award, a testament to its operational consistency and deep-rooted customer relationships in the Ohio market.
How much funding has Burns Electric raised?
Burns Electric has raised a total of $601K across 3 funding rounds:
Debt
$350K
Debt
$51K
Debt
$200K
Debt (2020): $350K with participation from PPP
Debt (2021): $51K led by PPP
Debt (2025): $200K supported by Huntington National Bank
Key Investors in Burns Electric
Huntington National Bank
A prominent regional banking institution providing comprehensive financial services and commercial lending solutions to support business growth.
PPP
Public-Private Partnership
What's next for Burns Electric?
The recent influx of capital is positioned to accelerate the company's strategic initiatives, likely focusing on supply chain optimization and the expansion of its service footprint. As Burns Electric navigates the current economic climate, this major enterprise-level funding provides the necessary liquidity to modernize its inventory management and potentially scale its design-build capabilities. By maintaining a focus on its core competencies while leveraging its established brand equity, the company is well-positioned to capture additional market share in the regional home improvement sector, ensuring that its legacy of service continues to meet the evolving demands of modern commercial and residential clients.
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