How Much Did Clock Electric Raise?
Funding & Key Investors

Clock Electric has secured $344K in total capital, with its most recent financing round bringing in $194K in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory in the electrical contracting sector.

What is Clock Electric?

Clock Electric
ConstructionConstruction Management

Clock Electric Inc. is a professional electrical contractor headquartered in Lakewood, Ohio, specializing in commercial electrical services. Since its inception in 1978, the company has built a reputation for delivering high-quality solutions, including LED lighting retrofits, robust power distribution systems, and essential panel upgrades. Serving the Greater Cleveland and Akron areas, Clock Electric emphasizes client collaboration through thorough consultations and complimentary estimates, ensuring services align with client budgets and project requirements. Their commitment to customer satisfaction is a cornerstone of their operational philosophy.

How much funding has Clock Electric raised?

Clock Electric has raised a total of $344K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$194K

Debt (2020): $150K with participation from PPP

Debt (2021): $194K led by PPP

What's next for Clock Electric?

The recent major strategic investment signals a pivotal moment for Clock Electric, likely enabling expansion of its service offerings, technological integration, or geographic reach. As a company with a long-standing history, this capital infusion in a large-scale late-stage funding context suggests a strategic move towards solidifying market leadership and potentially exploring new service verticals or operational efficiencies. Clock Electric is poised to leverage this financial backing to further enhance its capabilities and client services within the competitive electrical contracting industry.

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Frequently Asked Questions Regarding Clock Electric Financial Insights

What are the most recent funding rounds that Clock Electric has completed, and what were the funding rounds?
Clock Electric has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Clock Electric has raised to date?
Clock Electric has raised a total of $344K in funding to date.
How many funding rounds has Clock Electric completed?
Clock Electric has completed 2 funding rounds.
How much funding did Clock Electric raise in its most recent funding round?
Clock Electric raised $194K in its most recent funding round.
Who are the lead investors in Clock Electric's latest funding round?
The lead investor in Clock 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 Clock Electric's history?
The largest funding round in Clock Electric's history was $194K.
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