What is Control Electric?
Control Electric Inc. is a seasoned Southern California-based electrical contractor with over 12 years of operational experience. The company specializes in commercial electrical construction and the installation of low voltage automation systems. Their comprehensive service portfolio includes electrical construction, utility power monitoring, and smart building system installations, catering to a diverse clientele across commercial offices, healthcare, industrial facilities, and educational institutions. Control Electric is recognized for its commitment to delivering high-quality installations and pioneering solutions for both new construction and renovation projects.
How much funding has Control Electric raised?
Control Electric has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Control Electric?
The recent major strategic investment positions Control Electric for significant growth and operational enhancement. As a company operating in the large-scale late-stage funding environment, this capital infusion is likely to fuel expansion into new markets, bolster technological adoption for smart building systems, and potentially increase workforce capacity to meet demand. The focus on automation and smart building solutions aligns with current industry trends, suggesting a strategic push towards innovation and efficiency in its service offerings.
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