What is Doherty Electric?
Doherty Electric operates as a premier licensed and insured electrical contractor, providing comprehensive solutions across commercial, industrial, and residential domains. With over three decades of expertise, the company has established itself as a versatile service provider, specializing in complex design-build projects, lighting upgrades, and fire alarm system integration. Beyond standard electrical work, the firm distinguishes itself through specialized offerings in data communication, access control, and sophisticated security solutions.
The company's market position is defined by its dual focus on high-quality project execution and reliable, 24/7 emergency maintenance services. By maintaining a commitment to affordability and technical precision, Doherty Electric effectively bridges the gap between large-scale industrial infrastructure needs and the nuanced requirements of commercial facility management, ensuring operational continuity for its diverse client base.
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
$932K
Debt
$100K
Debt (2020): $150K with participation from PPP
Debt (2021): $213K led by PPP
Debt (2024): $250K, investors not publicly disclosed
Debt (2025): $932K featuring Idaho Central Credit Union
Debt (2025): $100K backed by Idaho Central Credit Union
Key Investors in Doherty Electric
Idaho Central Credit Union
A prominent financial institution providing credit and lending solutions to support regional business growth and infrastructure development.
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participating in the funding round to support the company's strategic expansion and operational goals.
What's next for Doherty Electric?
Looking ahead, the strategic deployment of this recent financing will likely focus on enhancing the firm's technical infrastructure and expanding its service delivery capacity. Given the company's emphasis on design-build and security systems, the capital will likely be directed toward upgrading diagnostic tools, investing in workforce training for emerging electrical technologies, and potentially scaling its preventive maintenance division to capture a larger share of the industrial market.
As Doherty Electric continues to leverage its reputation for reliability, the focus will remain on optimizing operational efficiency to meet the evolving demands of Idaho's growing commercial landscape. The firm is well-positioned to capitalize on the increasing complexity of modern electrical systems, ensuring that its growth remains aligned with the long-term requirements of its industrial and commercial partners.
