How Much Did Durham Electric Raise?
Funding & Key Investors

Durham Electric has secured $37K in recent financing, contributing to a total funding amount of $37K. This capital infusion marks a significant milestone for the company, which is operating at a substantial Series B/C stage of growth. The recent investment is earmarked for substantial expansion capital, signaling a strategic move to scale operations and market reach.

What is Durham Electric?

Durham Electric
ConstructionConstruction ManagementConsumer Services

Durham Electric and A/C is an established contractor specializing in comprehensive HVAC and electrical services for both residential and commercial clients across Aransas Pass and Corpus Christi, Texas. Since its inception in 2012, the company has built a reputation for delivering a wide array of services, including home remodeling, intricate electrical repairs, essential heating and cooling solutions, and generator maintenance. Bolstered by a team of master electricians and certified HVAC technicians, Durham Electric is committed to providing bespoke solutions and upholding exceptional standards of customer service, focusing on enhancing property efficiency and aesthetic appeal.

How much funding has Durham Electric raised?

Durham Electric has raised a total of $37K across 1 funding round:

2021

Debt

$37K

Debt (2021): $37K with participation from PPP

Key Investors in Durham Electric

PPP

Public-Private Partnership

What's next for Durham Electric?

With the recent influx of substantial expansion capital, Durham Electric is poised for accelerated growth. The company's strategic positioning at a significant Series B/C stage suggests a focus on scaling its service offerings, potentially expanding its geographic footprint, and enhancing its operational capabilities. This investment will likely fuel initiatives aimed at capturing greater market share, optimizing service delivery, and solidifying its standing as a leading provider of HVAC and electrical services in its operational regions. Future developments may include technological upgrades, team expansion, and strategic partnerships to support its ambitious growth trajectory.

See full Durham Electric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Architecture, Engineering & DesignConstructionCivil Engineering Construction
Construction ManagementConstruction
Architecture, Engineering & DesignConstruction
Construction ManagementConstruction

Frequently Asked Questions Regarding Durham Electric Financial Insights

What are the most recent funding rounds that Durham Electric has completed, and what were the funding rounds?
Durham Electric has recently completed 1 funding rounds: Debt on Mar 15, 2021.
What is the total amount of funding Durham Electric has raised to date?
Durham Electric has raised a total of $37K in funding to date.
How many funding rounds has Durham Electric completed?
Durham Electric has completed 1 funding rounds.
How much funding did Durham Electric raise in its most recent funding round?
Durham Electric raised $37K in its most recent funding round.
Who are the lead investors in Durham Electric's latest funding round?
The lead investor in Durham 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 Durham Electric's history?
The largest funding round in Durham Electric's history was $37K.
See more information about Durham Electric