What is Double Enterprises?
Double Enterprises is a comprehensive electrical service provider operating within the greater Cleveland area. With more than two decades of operational history, the company has cultivated a reputation for professionalism and efficiency in delivering cost-effective solutions for residential, commercial, and industrial clients. Their service portfolio encompasses new construction, advanced LED lighting retrofits, and robust generator installations, managed by a team of licensed contractors and skilled technicians committed to client satisfaction. As a locally anchored entity, Double Enterprises extends its reliable and customer-centric services across multiple counties in Northeast Ohio, addressing diverse construction and energy management requirements.
How much funding has Double Enterprises raised?
Double Enterprises has raised a total of $272K across 2 funding rounds:
Debt
$150K
Debt
$122K
Debt (2020): $150K with participation from PPP
Debt (2021): $122K led by PPP
What's next for Double Enterprises?
The substantial late-stage capital infusion positions Double Enterprises for significant growth and strategic development. This financing is expected to fuel enhancements in operational capacity, potentially expanding service reach or investing in new technologies to maintain a competitive edge in the energy management and construction electrical services market. The company's focus on cost-effective solutions and client satisfaction, combined with this recent strategic investment, suggests a forward-looking approach aimed at solidifying its market leadership and exploring new avenues for revenue generation within its established service territories.
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