How Much Did Electric Raise?
Funding & Key Investors

Electric has successfully secured a significant capital injection, bringing its total funding to $162K. This latest round, characterized by a $162K major strategic investment, underscores the firm's robust position within the competitive electrical services sector. By leveraging this influx of liquidity, the company is well-positioned to accelerate its operational footprint and enhance its service delivery capabilities across Florida and beyond.

What is Electric?

Electric
ConstructionConstruction Management

Based in Winter Haven, Florida, Electric operates as a comprehensive electrical services provider, delivering high-precision solutions to residential, commercial, industrial, and technology-focused clients. The firm distinguishes itself through a multifaceted service portfolio that encompasses advanced lighting control systems, integrated security infrastructure, robust communications networks, and specialized disaster recovery protocols. With a workforce comprised of state-certified professionals, Electric maintains a rigorous standard of quality, ensuring that both new construction projects and ongoing maintenance requirements are met with technical excellence and reliability. Their market position is defined by an ability to bridge the gap between traditional electrical contracting and modern technology asset security.

How much funding has Electric raised?

Electric has raised a total of $162K across 1 funding round:

2021

Debt

$162K

Debt (2021): $162K with participation from PPP

Key Investors in Electric

PPP

Public-Private Partnership

What's next for Electric?

With the successful closure of this late-stage financing, Electric is poised to transition into a phase of aggressive market expansion and technological refinement. The strategic allocation of these funds will likely prioritize the scaling of their disaster recovery and communications divisions, which are increasingly critical in the current construction landscape. By investing in advanced project management tools and expanding their certified workforce, the company aims to solidify its reputation as a premier provider of integrated electrical solutions. Future growth trajectories will likely focus on capturing larger industrial contracts and enhancing their proprietary service delivery models to maintain a competitive edge in a rapidly evolving infrastructure market.

See full Electric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction

Frequently Asked Questions Regarding Electric Financial Insights

What are the most recent funding rounds that Electric has completed, and what were the funding rounds?
Electric has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Electric has raised to date?
Electric has raised a total of $162K in funding to date.
How many funding rounds has Electric completed?
Electric has completed 1 funding rounds.
How much funding did Electric raise in its most recent funding round?
Electric raised $162K in its most recent funding round.
Who are the lead investors in Electric's latest funding round?
The lead investor in 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 Electric's history?
The largest funding round in Electric's history was $162K.
See more information about Electric