How Much Did Chess Electric Raise?
Funding & Key Investors

Chess Electric has secured $51K in total funding, with its most recent financing round bringing in $51K in substantial expansion capital. This investment underscores the company's significant Series B/C stage, signaling a period of accelerated growth and market penetration within the electrical industry.

What is Chess Electric?

Chess Electric
RetailHome Improvement & Hardware Retail

Established in 1997, Chess Electric, Inc. operates from Girard, Ohio, positioning itself as a key provider of diverse electrical products and services. The company distinguishes itself through competitive pricing, robust technical support, and a commitment to meeting varied electrical needs for its clientele. With a focus on expanding its customer base, Chess Electric leverages its trained staff and dedication to exceptional service to foster client relationships and drive business development in the electrical sector.

How much funding has Chess Electric raised?

Chess Electric has raised a total of $51K across 1 funding round:

2021

Debt

$51K

Debt (2021): $51K with participation from PPP

What's next for Chess Electric?

The recent influx of substantial expansion capital at a significant Series B/C stage suggests Chess Electric is poised for strategic scaling. This financing is likely earmarked for enhancing operational capacity, broadening product lines, and potentially expanding geographic reach to capture a larger market share. The company's ongoing commitment to customer service and technical support will be crucial in capitalizing on this investment for sustained growth and market leadership in the electrical supply and services domain.

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Frequently Asked Questions Regarding Chess Electric Financial Insights

What are the most recent funding rounds that Chess Electric has completed, and what were the funding rounds?
Chess Electric has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Chess Electric has raised to date?
Chess Electric has raised a total of $51K in funding to date.
How many funding rounds has Chess Electric completed?
Chess Electric has completed 1 funding rounds.
How much funding did Chess Electric raise in its most recent funding round?
Chess Electric raised $51K in its most recent funding round.
Who are the lead investors in Chess Electric's latest funding round?
The lead investor in Chess 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 Chess Electric's history?
The largest funding round in Chess Electric's history was $51K.
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