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 financial milestone, characterized by a $462K strategic investment, underscores the firm's robust position within the regional utility and infrastructure sector. By leveraging these debt-based financing instruments, the company continues to solidify its operational footprint across the Florida Keys and Southwest Florida markets.

What is Check Electric?

Check Electric
ConstructionConstruction Management

Established in 2009, Check Electric operates as a comprehensive electrical service provider, catering to a diverse portfolio of residential and commercial clients. The company distinguishes itself through a wide-ranging service catalog that encompasses complex electrical installations, critical repairs, and emergency response protocols. Beyond standard maintenance, the firm has carved out a specialized niche in high-demand areas such as generator installation, circuit breaker modernization, and low-voltage lighting systems. Their commitment to technical precision and professional reliability has allowed them to scale effectively, managing projects that range from minor residential upgrades to large-scale enterprise-level electrical infrastructure deployments.

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 infusion of capital, Check Electric is well-positioned to accelerate its growth trajectory and enhance its service delivery capabilities. The strategic allocation of these funds will likely focus on expanding their technical workforce and upgrading their fleet to meet the increasing demand for specialized electrical solutions in the Florida region. As the company transitions into this next phase of development, the focus remains on maintaining high-quality service standards while scaling operations to accommodate larger commercial contracts. This financial backing provides the necessary liquidity to navigate market fluctuations and invest in advanced diagnostic tools, ensuring that Check Electric remains a leader in the regional electrical services landscape.

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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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