How Much Did Corrales Electric Raise?
Funding & Key Investors

Corrales Electric, a long-standing family-owned electrical contractor serving the Southwest USA, has secured $113K in total capital. The company recently announced a major strategic investment, bringing its recent financing round to $113K. This significant backing underscores the company's established presence and its strategic positioning within the regional market.

What is Corrales Electric?

Corrales Electric
ConstructionConstruction Management

Corrales Electric has been a provider of residential and commercial electrical services for over 32 years across the Southwest USA, including El Paso, Lubbock, Albuquerque, and Santa Fe. The company addresses a range of electrical needs, from upgrading outdated wiring and resolving frequent power outages to optimizing energy efficiency for high utility bills. Their expertise, backed by Master Electrician credentials, caters to a diverse clientele, from small businesses to larger enterprises, emphasizing exceptional customer service.

How much funding has Corrales Electric raised?

Corrales Electric has raised a total of $113K across 1 funding round:

2021

Debt

$113K

Debt (2021): $113K with participation from PPP

What's next for Corrales Electric?

The recent large-scale late-stage funding indicates Corrales Electric is poised for significant expansion or strategic development. This capital injection is likely to fuel initiatives aimed at enhancing service capabilities, expanding operational reach within the Southwest, or potentially integrating new technologies to further serve its commercial and residential customer base. The strategic nature of the investment suggests a focus on long-term growth and market consolidation.

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Frequently Asked Questions Regarding Corrales Electric Financial Insights

What are the most recent funding rounds that Corrales Electric has completed, and what were the funding rounds?
Corrales Electric has recently completed 1 funding rounds: Debt on Jan 19, 2021.
What is the total amount of funding Corrales Electric has raised to date?
Corrales Electric has raised a total of $113K in funding to date.
How many funding rounds has Corrales Electric completed?
Corrales Electric has completed 1 funding rounds.
How much funding did Corrales Electric raise in its most recent funding round?
Corrales Electric raised $113K in its most recent funding round.
Who are the lead investors in Corrales Electric's latest funding round?
The lead investor in Corrales 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 Corrales Electric's history?
The largest funding round in Corrales Electric's history was $113K.
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