What is Double D Electrical?
Double D Electrical, Inc. is a comprehensive electrical service provider established in 1998, serving Kitsap, Jefferson, and Clallam Counties in Washington. The company offers a broad spectrum of services, encompassing residential and commercial electrical work, generator installations, ductless HVAC systems, and utility pole services. Furthermore, Double D Electrical provides retail parts, security system solutions, and embraces green energy initiatives with offerings like electric vehicle chargers and solar power systems. Their commitment to dependability and professionalism caters to a diverse clientele, solidifying their role as a trusted utility partner.
How much funding has Double D Electrical raised?
Double D Electrical has raised a total of $498K across 2 funding rounds:
Debt
$150K
Debt
$348K
Debt (2020): $150K with participation from PPP
Debt (2021): $348K led by PPP
What's next for Double D Electrical?
The substantial capital infusion, characterized as large-scale late-stage funding and a major strategic investment, positions Double D Electrical for accelerated growth and enhanced service capabilities. This financial backing is expected to fuel strategic initiatives, potentially including the expansion of service territories, investment in advanced technologies, and the scaling of their green energy solutions. The company is poised to leverage this capital to further solidify its market leadership and explore new avenues for innovation within the electrical services sector.
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