How Much Did Elcor Electric Raise?
Funding & Key Investors

Elcor Electric has secured $5M in total capital, with its most recent financing round bringing in $5M through a major strategic investment. This significant backing underscores the company's established presence and forward-looking strategy in the electrical solutions sector.

What is Elcor Electric?

Elcor Electric
ConstructionConstruction Management

Elcor Electric, a premier electrical contractor operating in the Bay Area since 1989, specializes in delivering innovative and energy-efficient electrical solutions. The company caters to a broad spectrum of industries, including government facilities, educational institutions, biomedical laboratories, and new construction projects. Elcor Electric's operational philosophy is anchored in a commitment to quality, safety, and collaborative client engagement, which has fostered enduring partnerships and a substantial base of repeat business. With a workforce exceeding 250 skilled professionals, the company is dedicated to surpassing client expectations through exceptional workmanship and reliable service delivery.

How much funding has Elcor Electric raised?

Elcor Electric has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Elcor Electric

PPP

Public-Private Partnership

What's next for Elcor Electric?

The recent major strategic investment signals a pivotal phase for Elcor Electric, likely aimed at expanding its service capabilities, enhancing technological integration for energy-efficient solutions, or broadening its market reach within the Bay Area and potentially beyond. This capital infusion is expected to fuel further innovation and solidify its competitive edge in a dynamic construction and infrastructure landscape. The company's established reputation and diverse client portfolio position it for sustained growth and continued leadership in providing essential electrical services.

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Frequently Asked Questions Regarding Elcor Electric Financial Insights

What are the most recent funding rounds that Elcor Electric has completed, and what were the funding rounds?
Elcor Electric has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding Elcor Electric has raised to date?
Elcor Electric has raised a total of $5M in funding to date.
How many funding rounds has Elcor Electric completed?
Elcor Electric has completed 1 funding rounds.
How much funding did Elcor Electric raise in its most recent funding round?
Elcor Electric raised $5M in its most recent funding round.
Who are the lead investors in Elcor Electric's latest funding round?
The lead investor in Elcor 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 Elcor Electric's history?
The largest funding round in Elcor Electric's history was $5M.
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