How Much Did DUO Electric Raise?
Funding & Key Investors

DUO Electric has secured $51K in recent expansion capital, contributing to a total funding amount of $51K. This latest financing round underscores the company's strategic positioning and growth trajectory within the electrical solutions sector.

What is DUO Electric?

DUO Electric
ConstructionConstruction Management

Established in 2002, DUO Electric specializes in delivering creative and cost-effective electrical solutions for both residential and commercial clients. The company boasts extensive experience across various project types, including light industrial and surveillance work, demonstrating a commitment to quality craftsmanship and client satisfaction. Led by John Hernandez, DUO Electric prioritizes the use of high-quality materials and backs its labor with a one-year guarantee, solidifying its reputation for reliability and professionalism in the market.

How much funding has DUO Electric raised?

DUO Electric has raised a total of $51K across 1 funding round:

2021

Debt

$51K

Debt (2021): $51K with participation from PPP

What's next for DUO Electric?

The recent influx of substantial expansion capital positions DUO Electric for significant scaling and operational enhancement. This strategic investment is expected to fuel further development of its service offerings, potentially expanding its reach into new commercial and industrial segments. The company's focus on quality and customer satisfaction, coupled with its established reputation, provides a strong foundation for leveraging this new financing to achieve its next phase of growth and market penetration.

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Frequently Asked Questions Regarding DUO Electric Financial Insights

What are the most recent funding rounds that DUO Electric has completed, and what were the funding rounds?
DUO Electric has recently completed 1 funding rounds: Debt on Jan 26, 2021.
What is the total amount of funding DUO Electric has raised to date?
DUO Electric has raised a total of $51K in funding to date.
How many funding rounds has DUO Electric completed?
DUO Electric has completed 1 funding rounds.
How much funding did DUO Electric raise in its most recent funding round?
DUO Electric raised $51K in its most recent funding round.
Who are the lead investors in DUO Electric's latest funding round?
The lead investor in DUO Electric's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DUO Electric's history?
The largest funding round in DUO Electric's history was $51K.
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