How Much Did Elect Raise?
Funding & Key Investors

Elect, P.C. has successfully secured a significant capital injection, bringing its total funding to $150K. This latest round, characterized by a $150K major strategic investment, underscores the firm's robust position within the Southeastern United States electrical engineering sector. By leveraging this financial backing, the Raleigh-based consultancy is poised to accelerate its operational capacity and expand its specialized service offerings across its core regional markets.

What is Elect?

Elect
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Elect, P.C. operates as a premier electrical engineering consultation and testing firm, providing critical infrastructure support throughout North Carolina, South Carolina, Georgia, Virginia, and Florida. The company distinguishes itself through a comprehensive suite of services, including power systems analysis, complex design services, and rigorous power quality investigations. Beyond its technical consulting, Elect, P.C. maintains a strong commitment to industry advancement by offering specialized training programs for electrical engineers and field technicians. With a 24/7 emergency response capability, the firm serves as a vital partner for industrial and commercial clients requiring high-reliability power solutions and regulatory compliance testing.

How much funding has Elect raised?

Elect has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Elect

PPP

Public-Private Partnership

What's next for Elect?

With the infusion of this late-stage capital, Elect, P.C. is strategically positioned to scale its field service operations and enhance its proprietary testing methodologies. The firm intends to utilize these resources to deepen its market penetration in the Southeastern United States, potentially broadening its footprint in the power quality and systems analysis segments. As the demand for resilient electrical infrastructure continues to rise, the company's focus on professional training and emergency support will likely serve as a key differentiator, allowing it to capture additional market share while maintaining its reputation for technical excellence and operational reliability.

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Frequently Asked Questions Regarding Elect Financial Insights

What are the most recent funding rounds that Elect has completed, and what were the funding rounds?
Elect has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding Elect has raised to date?
Elect has raised a total of $150K in funding to date.
How many funding rounds has Elect completed?
Elect has completed 1 funding rounds.
How much funding did Elect raise in its most recent funding round?
Elect raised $150K in its most recent funding round.
Who are the lead investors in Elect's latest funding round?
The lead investor in Elect'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 Elect's history?
The largest funding round in Elect's history was $150K.
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