What is Doherty Electric?
Doherty Electric operates as a premier licensed and insured electrical contractor, boasting over 35 years of technical expertise. Headquartered in Idaho, the firm provides a comprehensive suite of services, ranging from complex industrial electrical installations to residential maintenance and data communication infrastructure. Their market position is defined by a dual focus on high-stakes design-build projects and mission-critical emergency services, ensuring 24/7 operational continuity for their diverse client base. By integrating specialized solutions such as fire alarm systems and sophisticated access control, Doherty Electric has established itself as a vital partner for regional infrastructure development.
How much funding has Doherty Electric raised?
Doherty Electric has raised a total of $1.6M across 5 funding rounds:
Debt
$150K
Debt
$213K
Debt
$250K
Debt
$100K
Debt
$932K
Debt (2020): $150K with participation from PPP
Debt (2021): $213K led by PPP
Debt (2024): $250K, investors not publicly disclosed
Debt (2025): $100K featuring Idaho Central Credit Union
Debt (2025): $932K backed by Idaho Central Credit Union
Key Investors in Doherty Electric
Idaho Central Credit Union
A prominent regional financial institution providing comprehensive commercial lending and debt financing solutions to support local business growth.
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participating in the funding round to provide necessary capital for operational expansion.
What's next for Doherty Electric?
With the recent influx of capital, Doherty Electric is well-positioned to accelerate its strategic roadmap, focusing on the modernization of its service delivery models and the expansion of its industrial maintenance portfolio. The firm is expected to prioritize investments in advanced diagnostic technologies and workforce development to maintain its competitive edge in the design-build sector. Furthermore, the ongoing support from institutional lenders suggests a stable outlook for the company as it seeks to capture additional market share in the Pacific Northwest's growing commercial construction landscape. Future growth will likely be driven by the integration of smart building technologies and the scaling of its security and data communication divisions.
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