What is DND Electric?
Founded in 2003 by David DeLeon, DND Electric, Inc. operates as a veteran and minority-owned enterprise specializing in comprehensive electrical utility services and general construction. Based in the Chicagoland area, the firm has cultivated a robust portfolio exceeding 830 completed projects, ranging from complex power line installations to intricate electrical systems for civil infrastructure. The company distinguishes itself through a commitment to safety, union collaboration, and a strategic focus on fostering partnerships with other minority-owned businesses, positioning it as a preferred contractor for high-stakes public sector initiatives.
How much funding has DND Electric raised?
DND Electric has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$806K
Debt (2020): $350K with participation from PPP
Debt (2021): $806K led by PPP
Key Investors in DND Electric
PPP
Public-Private Partnership
What's next for DND Electric?
With the recent capital deployment, DND Electric is well-positioned to expand its service delivery capabilities across the Midwest. The firm's strategic roadmap likely involves upgrading its technical infrastructure and increasing its workforce to accommodate a growing pipeline of federal and municipal contracts. As the demand for modernized electrical grids and resilient civil construction continues to rise, DND Electric's established track record and commitment to quality workmanship provide a stable foundation for long-term growth and market leadership in the utility sector.
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