How Much Did Clock Electric Raise?
Funding & Key Investors

Clock Electric, a long-standing pillar in the Ohio electrical infrastructure sector, has successfully secured significant capital to bolster its operational capacity. The firm has reached a cumulative financial milestone of $344K, underscored by a recent funding injection of $194K. This late-stage capital infusion reflects the company's enduring market relevance and its ability to leverage debt financing to sustain large-scale commercial projects across the Greater Cleveland and Akron regions.

What is Clock Electric?

Clock Electric
ConstructionConstruction Management

Established in 1978, Clock Electric Inc has evolved from a local service provider into a sophisticated electrical contractor specializing in complex commercial installations. The company maintains a robust portfolio that includes advanced LED lighting retrofits, comprehensive power distribution systems, and critical panel upgrades. By prioritizing technical precision and client-centric service models, Clock Electric has solidified its position as a preferred partner for commercial entities seeking reliable electrical infrastructure solutions. Their longevity in a competitive industry is a testament to their consistent delivery of high-quality, budget-conscious electrical engineering services.

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

Key Investors in Clock Electric

PPP

Public-Private Partnership

What's next for Clock Electric?

With the recent influx of capital, Clock Electric is well-positioned to scale its service offerings and potentially expand its footprint within the Midwest. The strategic deployment of these funds will likely focus on enhancing technical capabilities and optimizing project management workflows to meet the increasing demand for energy-efficient commercial infrastructure. As the company navigates this growth phase, the focus remains on maintaining the high standards of service that have defined its four-decade history, while simultaneously exploring new technological integrations that could further differentiate its market position in the evolving electrical contracting landscape.

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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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