How Much Did Champlain Valley Electric Raise?
Funding & Key Investors

Champlain Valley Electric has secured $106K in total capital, with its most recent financing round bringing in $106K in a major strategic investment. This significant backing underscores the company's established position in the electrical supply and lighting distribution market.

What is Champlain Valley Electric?

Champlain Valley Electric
RetailHome Improvement & Hardware Retail

Champlain Valley Electric, based in Plattsburgh, New York, operates as a prominent electrical supply and lighting distributor. The company offers an extensive catalog of products, including fixtures, bulbs, and wiring, primarily serving contractors. Beyond product provision, Champlain Valley Electric provides essential parts and design services, aiming to enhance client projects. Their unique showroom experience, featuring consultations with lighting designers and interactive displays, distinguishes them as a trusted regional resource for lighting and electrical needs.

How much funding has Champlain Valley Electric raised?

Champlain Valley Electric has raised a total of $106K across 1 funding round:

2021

Debt

$106K

Debt (2021): $106K with participation from PPP

What's next for Champlain Valley Electric?

The recent strategic investment signals a phase of potential expansion or operational enhancement for Champlain Valley Electric. Given its large-scale late-stage funding context, the company is likely poised to leverage this capital for scaling its distribution network, enhancing its product offerings, or investing in new technologies to further solidify its market leadership. This financing round is expected to fuel continued growth and innovation within the electrical supply and lighting sector.

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Frequently Asked Questions Regarding Champlain Valley Electric Financial Insights

What are the most recent funding rounds that Champlain Valley Electric has completed, and what were the funding rounds?
Champlain Valley Electric has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Champlain Valley Electric has raised to date?
Champlain Valley Electric has raised a total of $106K in funding to date.
How many funding rounds has Champlain Valley Electric completed?
Champlain Valley Electric has completed 1 funding rounds.
How much funding did Champlain Valley Electric raise in its most recent funding round?
Champlain Valley Electric raised $106K in its most recent funding round.
Who are the lead investors in Champlain Valley Electric's latest funding round?
The lead investor in Champlain Valley 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 Champlain Valley Electric's history?
The largest funding round in Champlain Valley Electric's history was $106K.
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