How Much Did Crown Electric Raise?
Funding & Key Investors

Crown Electric has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment marks a pivotal moment for the electrician service provider, signaling a period of accelerated growth and market expansion.

What is Crown Electric?

Crown Electric
Consumer ServicesRepair Services

Crown Electric Inc. is a well-established electrician service based in Beaumont, TX, boasting over four decades of industry experience. The company specializes in a comprehensive suite of electrical services, encompassing repairs, system upgrades, and generator installations. Catering to both residential and commercial clientele, Crown Electric prioritizes safety and adherence to stringent industry standards. Their commitment to delivering quality service, underscored by their insured and bonded status and the provision of free estimates, positions them as a dependable provider for diverse electrical requirements.

How much funding has Crown Electric raised?

Crown Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Crown Electric?

The substantial capital infusion, contextualized by the company's large-scale late-stage funding and recent strategic investment, suggests Crown Electric is poised for significant operational scaling and potentially market diversification. This backing will likely fuel enhancements in service delivery, expansion into new service territories, or the adoption of advanced technologies to further solidify their market presence. The company's long-standing experience and focus on safety and compliance provide a robust foundation for leveraging this new financing to achieve its next phase of development.

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Frequently Asked Questions Regarding Crown Electric Financial Insights

What are the most recent funding rounds that Crown Electric has completed, and what were the funding rounds?
Crown Electric has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding Crown Electric has raised to date?
Crown Electric has raised a total of $150K in funding to date.
How many funding rounds has Crown Electric completed?
Crown Electric has completed 1 funding rounds.
How much funding did Crown Electric raise in its most recent funding round?
Crown Electric raised $150K in its most recent funding round.
Who are the lead investors in Crown Electric's latest funding round?
The lead investor in Crown 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 Crown Electric's history?
The largest funding round in Crown Electric's history was $150K.
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