What is Control Electrical Contracting?
Control Electrical Contracting Corp operates within the Commercial & Residential Construction industry, indicating a focus on infrastructure development and building services. With an employee count between 20 to 49 individuals and an estimated revenue range of $5M to $10M, the company appears to be in a growth phase, leveraging its recent capital injections to scale operations and expand its market reach within the construction sector.
How much funding has Control Electrical Contracting raised?
Control Electrical Contracting has raised a total of $905K across 2 funding rounds:
Debt
$350K
Debt
$555K
Debt (2020): $350K with participation from PPP
Debt (2021): $555K led by PPP
What's next for Control Electrical Contracting?
The company's recent major strategic investment suggests a pivotal moment for Control Electrical Contracting. This influx of capital is likely earmarked for enhancing operational capacity, potentially through technology adoption, expanding service offerings, or entering new geographic markets. The sustained access to debt financing, as evidenced by past rounds, points to a stable financial footing and a strategic approach to capital management, positioning the company for continued expansion and market consolidation.
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