How Much Did Dependable Electric Raise?
Funding & Key Investors

Dependable Electric has secured $22K in recent financing, contributing to a total funding amount of $22K. This capital infusion underscores the company's trajectory in the electrical services sector, positioning it for further growth and operational enhancement.

What is Dependable Electric?

Dependable Electric
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Dependable Electric, LLC is a prominent electrical service provider based in Haltom City, Texas, serving both residential and commercial clientele. The company offers a comprehensive suite of services, including installations, repairs, inspections, and emergency electrical solutions. Known for its commitment to outstanding customer care and employing licensed and bonded electricians, Dependable Electric prioritizes safety and adherence to industry standards, delivering reliable and cost-effective electrical services to its community.

How much funding has Dependable Electric raised?

Dependable Electric has raised a total of $22K across 1 funding round:

2021

Debt

$22K

Debt (2021): $22K with participation from PPP

What's next for Dependable Electric?

With the recent influx of substantial expansion capital, Dependable Electric is poised for significant scaling and operational advancements. This strategic financing, occurring at a critical Series B/C stage, suggests a focus on expanding service reach, enhancing technological capabilities, and potentially increasing workforce capacity to meet growing market demand. The company's emphasis on reliability and customer satisfaction is expected to be a cornerstone of its continued expansion efforts.

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Frequently Asked Questions Regarding Dependable Electric Financial Insights

What are the most recent funding rounds that Dependable Electric has completed, and what were the funding rounds?
Dependable Electric has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Dependable Electric has raised to date?
Dependable Electric has raised a total of $22K in funding to date.
How many funding rounds has Dependable Electric completed?
Dependable Electric has completed 1 funding rounds.
How much funding did Dependable Electric raise in its most recent funding round?
Dependable Electric raised $22K in its most recent funding round.
Who are the lead investors in Dependable Electric's latest funding round?
The lead investor in Dependable 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 Dependable Electric's history?
The largest funding round in Dependable Electric's history was $22K.
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