How Much Did Dick's Electric Raise?
Funding & Key Investors

Dick's Electric has secured significant capital, with a total funding amount of $334K. The company recently announced a major strategic investment, bringing in $184K in new financing. This latest round of backing underscores the company's established presence and its trajectory in the electrical services sector.

What is Dick's Electric?

Dick's Electric
ConstructionConstruction Management

Dick's Electric Company is a provider of comprehensive electrical services catering to residential, commercial, and industrial clients. Their service portfolio spans from minor electrical repairs to sophisticated smart home automation installations. The company distinguishes itself by offering adaptable service packages and expert consultations, enabling clients to align project scope with budgetary constraints. A core tenet of their operation is a commitment to superior customer satisfaction, achieved through the use of high-quality components and exemplary service delivery on all projects.

How much funding has Dick's Electric raised?

Dick's Electric has raised a total of $334K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$184K

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

Debt (2021): $184K led by PPP

What's next for Dick's Electric?

The substantial capital infusion, particularly the recent strategic investment, positions Dick's Electric for accelerated growth and potential market expansion. As a company operating in the late-stage funding environment, this capital is likely earmarked for scaling operations, enhancing technological capabilities, and potentially exploring new service verticals or geographic markets. The focus on strategic investment suggests a move towards solidifying its market leadership and optimizing its service delivery infrastructure.

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Frequently Asked Questions Regarding Dick's Electric Financial Insights

What are the most recent funding rounds that Dick's Electric has completed, and what were the funding rounds?
Dick's Electric has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Dick's Electric has raised to date?
Dick's Electric has raised a total of $334K in funding to date.
How many funding rounds has Dick's Electric completed?
Dick's Electric has completed 2 funding rounds.
How much funding did Dick's Electric raise in its most recent funding round?
Dick's Electric raised $184K in its most recent funding round.
Who are the lead investors in Dick's Electric's latest funding round?
The lead investor in Dick's 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 Dick's Electric's history?
The largest funding round in Dick's Electric's history was $184K.
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