How Much Did Electrex Raise?
Funding & Key Investors

Electrex has secured $1M in total capital, with a recent strategic investment of $1M. This major enterprise-level funding round underscores the company's established position in the manufacturing sector, particularly in custom wire harnesses. The recent strategic investment signals a new phase of growth and potential expansion for the Kansas-based firm.

What is Electrex?

Electrex
ManufacturingWire & CableAutomotive Parts

Electrex Inc. is a seasoned manufacturer, established in 1976, that specializes in the design and production of custom wire harnesses. Operating from Kansas, the company leverages its extensive 40+ years of expertise to offer comprehensive electrical system solutions. Their proprietary Design/Build system is engineered to optimize the wire harness industry, delivering efficient solutions that reduce both time and material costs for clients. Electrex's commitment to high standards is validated by its ISO 9001:2015 certification, ensuring reliable and advanced wire harness products for a diverse clientele.

How much funding has Electrex raised?

Electrex has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for Electrex?

The substantial enterprise-level backing and recent strategic investment position Electrex for significant advancements. This capital infusion is likely to fuel further innovation in their Design/Build system, potentially expanding production capabilities and market reach. The company may explore new client sectors or deepen existing relationships, leveraging their proven track record and quality certifications. Future developments could include enhanced automation, R&D into next-generation electrical systems, and strategic partnerships to solidify their leadership in the custom wire harness manufacturing space.

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Frequently Asked Questions Regarding Electrex Financial Insights

What are the most recent funding rounds that Electrex has completed, and what were the funding rounds?
Electrex has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Electrex has raised to date?
Electrex has raised a total of $1M in funding to date.
How many funding rounds has Electrex completed?
Electrex has completed 1 funding rounds.
How much funding did Electrex raise in its most recent funding round?
Electrex raised $1M in its most recent funding round.
Who are the lead investors in Electrex's latest funding round?
The lead investor in Electrex'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 Electrex's history?
The largest funding round in Electrex's history was $1M.
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