How Much Did Electri-Tech Raise?
Funding & Key Investors

Electri-Tech has secured $934K in total capital, with its most recent financing round bringing in $584K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the electrical contracting sector.

What is Electri-Tech?

Electri-Tech
ConstructionConstruction Management

Electri-Tech is a comprehensive electrical contractor that caters to both commercial and residential clients across Atlantic and Cape May Counties in New Jersey. The company's expertise spans a broad spectrum of services, including new construction installations, emergency backup systems, advanced security and surveillance solutions, and energy-saving initiatives. Renowned for its unwavering commitment to safety, superior quality, and client satisfaction, Electri-Tech's team of seasoned electricians is equipped to manage projects of varying scales, ensuring punctual completion and competitive pricing. Their operational philosophy centers on delivering reliable service and promoting energy efficiency, with the overarching goal of surpassing client expectations and cultivating enduring business relationships.

How much funding has Electri-Tech raised?

Electri-Tech has raised a total of $934K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$584K

Debt (2020): $350K with participation from PPP

Debt (2021): $584K led by PPP

Key Investors in Electri-Tech

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Electri-Tech?

The recent major strategic investment signals a pivotal growth phase for Electri-Tech, likely enabling expansion of its service offerings, geographical reach, or technological capabilities. This capital infusion is expected to bolster its capacity to undertake larger commercial projects and enhance its energy-saving solutions, positioning the company for sustained development and increased market share in the competitive electrical contracting industry. The company's focus on reliability and efficiency, coupled with this strategic backing, suggests a forward-looking approach to innovation and client service.

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Frequently Asked Questions Regarding Electri-Tech Financial Insights

What are the most recent funding rounds that Electri-Tech has completed, and what were the funding rounds?
Electri-Tech has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on May 13, 2020.
What is the total amount of funding Electri-Tech has raised to date?
Electri-Tech has raised a total of $934K in funding to date.
How many funding rounds has Electri-Tech completed?
Electri-Tech has completed 2 funding rounds.
How much funding did Electri-Tech raise in its most recent funding round?
Electri-Tech raised $584K in its most recent funding round.
Who are the lead investors in Electri-Tech's latest funding round?
The lead investor in Electri-Tech'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 Electri-Tech's history?
The largest funding round in Electri-Tech's history was $584K.
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