How Much Did Check Electric Raise?
Funding & Key Investors

Check Electric has successfully secured a significant capital injection, bringing its total funding to $812K. This latest infusion, characterized by a $462K strategic investment, underscores the firm's robust financial health and its capacity to leverage debt instruments for sustained operational expansion. By securing this financing, the company reinforces its position as a critical infrastructure provider within the Florida Keys and Southwest Florida markets, signaling a period of aggressive growth and service capacity enhancement.

What is Check Electric?

Check Electric
ConstructionConstruction Management

Established in 2009, Check Electric operates as a comprehensive electrical services provider, catering to a diverse portfolio of residential and commercial clients. The company has carved out a specialized niche in the regional market by offering high-demand technical solutions, including advanced generator installations, circuit breaker upgrades, and sophisticated low-voltage lighting systems. With a focus on reliability and professional excellence, the firm has successfully scaled its operations to manage complex, large-scale electrical projects, positioning itself as a cornerstone of regional utility maintenance and infrastructure development.

How much funding has Check Electric raised?

Check Electric has raised a total of $812K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$462K

Debt (2020): $350K with participation from PPP

Debt (2021): $462K led by PPP

Key Investors in Check Electric

PPP

Public-Private Partnership

What's next for Check Electric?

With the recent influx of capital, Check Electric is well-positioned to accelerate its strategic roadmap, likely focusing on the modernization of its service fleet and the expansion of its technical workforce to meet rising regional demand. The company's reliance on debt-based financing suggests a disciplined approach to capital allocation, prioritizing the scaling of high-margin service lines such as emergency electrical response and specialized infrastructure upgrades. Moving forward, the firm is expected to leverage its established reputation to capture a larger share of the commercial sector, potentially exploring new geographic territories within Florida to solidify its market leadership and operational footprint.

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Frequently Asked Questions Regarding Check Electric Financial Insights

What are the most recent funding rounds that Check Electric has completed, and what were the funding rounds?
Check Electric has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Check Electric has raised to date?
Check Electric has raised a total of $812K in funding to date.
How many funding rounds has Check Electric completed?
Check Electric has completed 2 funding rounds.
How much funding did Check Electric raise in its most recent funding round?
Check Electric raised $462K in its most recent funding round.
Who are the lead investors in Check Electric's latest funding round?
The lead investor in Check 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 Check Electric's history?
The largest funding round in Check Electric's history was $462K.
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