How Much Did CT Electrical Raise?
Funding & Key Investors

CT Electrical has secured $350K in total capital, with its most recent financing round yielding $350K. This significant debt financing, dated April 30, 2020, underscores the company's established presence and operational capacity within the electrical contracting sector.

What is CT Electrical?

CT Electrical
ConstructionConstruction Management

CT Electrical Corp is a seasoned electrical contractor based in Maryland, boasting over five decades of industry experience since its inception in 1989. The company has built a reputation for delivering superior customer experiences and exceptional value to local communities. Beyond its core contracting services, CT Electrical Corp also emphasizes its role as an employer, offering valuable career opportunities within the electrical field and actively seeking feedback to drive continuous service improvement.

How much funding has CT Electrical raised?

CT Electrical has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in CT Electrical

PPP

Public-Private Partnership

What's next for CT Electrical?

The substantial late-stage funding context suggests CT Electrical is poised for significant expansion or strategic initiatives. This capital infusion, particularly the recent strategic investment, likely aims to bolster operational capacity, expand service territories, or invest in new technologies to maintain its competitive edge in the electrical contracting market. The company's long history and focus on customer satisfaction provide a solid foundation for leveraging this new financing to drive future growth and solidify its market position.

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Frequently Asked Questions Regarding CT Electrical Financial Insights

What are the most recent funding rounds that CT Electrical has completed, and what were the funding rounds?
CT Electrical has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding CT Electrical has raised to date?
CT Electrical has raised a total of $350K in funding to date.
How many funding rounds has CT Electrical completed?
CT Electrical has completed 1 funding rounds.
How much funding did CT Electrical raise in its most recent funding round?
CT Electrical raised $350K in its most recent funding round.
Who are the lead investors in CT Electrical's latest funding round?
The lead investor in CT Electrical'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 CT Electrical's history?
The largest funding round in CT Electrical's history was $350K.
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