How Much Did CB Electric Raise?
Funding & Key Investors

CB Electric has secured $97K in total investment, with a recent capital injection of $97K designated for substantial expansion. This financing round places the company at a significant Series B/C stage, indicating a period of accelerated growth and market penetration. The company's strategic financial maneuvers underscore its commitment to scaling operations and enhancing its service offerings within the electrical contracting sector.

What is CB Electric?

CB Electric
ConstructionConstruction Management

CB Electric operates as a local, non-union electrical contractor specializing in commercial, industrial, lighting retrofit, and minor residential repair services. With extensive experience across government, city, state, and school district projects, the company serves the Yakima Valley and surrounding regions. Their commitment to quality service at competitive pricing positions them as a reliable partner for a diverse range of electrical needs.

How much funding has CB Electric raised?

CB Electric has raised a total of $97K across 1 funding round:

2021

Debt

$97K

Debt (2021): $97K with participation from PPP

Key Investors in CB Electric

PPP

Public-Private Partnership

What's next for CB Electric?

The substantial expansion capital infusion at this Series B/C stage suggests CB Electric is poised for significant operational scaling. Future initiatives likely include expanding service territories, investing in advanced technologies for efficiency, and potentially broadening their project scope. This strategic financing will be critical in solidifying their market position and meeting the growing demand for specialized electrical services in their operational areas.

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Frequently Asked Questions Regarding CB Electric Financial Insights

What are the most recent funding rounds that CB Electric has completed, and what were the funding rounds?
CB Electric has recently completed 1 funding rounds: Debt on Jan 31, 2021.
What is the total amount of funding CB Electric has raised to date?
CB Electric has raised a total of $97K in funding to date.
How many funding rounds has CB Electric completed?
CB Electric has completed 1 funding rounds.
How much funding did CB Electric raise in its most recent funding round?
CB Electric raised $97K in its most recent funding round.
Who are the lead investors in CB Electric's latest funding round?
The lead investor in CB 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 CB Electric's history?
The largest funding round in CB Electric's history was $97K.
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