How Much Did Cross Electric Raise?
Funding & Key Investors

Cross Electric has secured $86K in total financing, with a recent influx of $86K designated for substantial expansion capital. This latest round signifies a critical juncture for the company, likely positioning it within the significant Series B/C stage of its growth trajectory.

What is Cross Electric?

Cross Electric
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Cross Electric, LLC is a third-generation electrical contracting company with over 40 years of service history in the DFW area. The firm specializes in a comprehensive range of commercial and residential electrical services. The company's long-standing presence and commitment to client needs underscore its established reputation in the market.

How much funding has Cross Electric raised?

Cross Electric has raised a total of $86K across 1 funding round:

2021

Debt

$86K

Debt (2021): $86K with participation from PPP

Key Investors in Cross Electric

PPP

Public-Private Partnership

What's next for Cross Electric?

With the recent infusion of expansion capital, Cross Electric is poised for accelerated growth. This strategic financing is expected to fuel initiatives aimed at scaling operations, potentially expanding service areas, and enhancing technological capabilities within its electrical contracting services. The company's focus will likely remain on leveraging its decades of experience to meet evolving market demands and solidify its position as a leading electrical service provider.

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Frequently Asked Questions Regarding Cross Electric Financial Insights

What are the most recent funding rounds that Cross Electric has completed, and what were the funding rounds?
Cross Electric has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Cross Electric has raised to date?
Cross Electric has raised a total of $86K in funding to date.
How many funding rounds has Cross Electric completed?
Cross Electric has completed 1 funding rounds.
How much funding did Cross Electric raise in its most recent funding round?
Cross Electric raised $86K in its most recent funding round.
Who are the lead investors in Cross Electric's latest funding round?
The lead investor in Cross 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 Cross Electric's history?
The largest funding round in Cross Electric's history was $86K.
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