What is Electric?
Sanford Kramer Plumbing, Heating, Air Conditioning & Electric, Inc., operating under the name Electric, has been a cornerstone of home services in Maryland since 1982. The company offers comprehensive repair, maintenance, and installation services for plumbing, heating, cooling, and electrical systems. Their service area spans from Washington, DC, to Baltimore and Frederick to Annapolis. Beyond core services, Electric also provides drain cleaning, bathroom remodeling, and indoor air quality solutions, with a focus on energy efficiency through the installation of modern HVAC technology. The company emphasizes trust and professionalism, ensuring technicians are uniformed, background-checked, and drug-tested.
How much funding has Electric raised?
Electric has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Electric?
The recent major strategic investment, within the context of large-scale late-stage funding, suggests Electric is positioned for significant growth and market consolidation. This capital infusion is likely intended to enhance operational capacity, expand service offerings, and potentially enter new geographic markets. The company's long-standing reputation and comprehensive service portfolio provide a strong foundation for leveraging this new financing to solidify its position as a leading home services provider in its operational regions.
See full Electric company page
