Electric One Funding: How Much Did They Raise & Key Investors

How Much Did Electric One Raise?
Funding & Key Investors

Electric One, a prominent electrical contractor based in Crestwood, Illinois, has successfully secured significant capital to bolster its operational capacity. The firm has reached a cumulative milestone of $1.2M in financing, underscored by a recent strategic injection of $801K. This influx of investment reflects the company's robust position within the industrial and commercial infrastructure sector, providing the necessary liquidity to scale its turnkey electrical service offerings across the Midwest region.

The capital structure, characterized by debt-based financing, highlights a disciplined approach to growth. By leveraging these financial resources, Electric One continues to solidify its reputation for delivering high-quality electrical design, installation, and maintenance services, ensuring that its institutional and commercial clients receive consistent, on-budget project execution.

What is Electric One?

Electric One

Construction

Construction Management

Established in 2001, Electric One, Inc. operates as a full-service electrical contractor specializing in complex industrial and institutional applications. The company distinguishes itself through a workforce of highly trained IBEW Local 134 union electricians, ensuring adherence to rigorous safety and quality standards. Their market position is defined by a comprehensive service portfolio that spans the entire project lifecycle, from initial electrical design to long-term maintenance. By maintaining a strong presence in Crestwood and surrounding areas, the firm has become a critical partner for organizations requiring reliable, turnkey electrical solutions that prioritize operational uptime and technical precision.

How much funding has Electric One raised?

Electric One has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$801K

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

Debt (2021): $801K led by PPP

Key Investors in Electric One

PPP

Public-Private Partnership

What's next for Electric One?

With the recent infusion of capital, Electric One is well-positioned to expand its footprint in the competitive electrical contracting market. The strategic focus will likely shift toward enhancing service delivery efficiency and potentially scaling its workforce to meet the increasing demand for institutional infrastructure upgrades. As the company navigates its current growth trajectory, the emphasis remains on maintaining the high standards of craftsmanship that have defined its two-decade history. Future initiatives will likely involve integrating advanced electrical technologies and expanding its service radius, further cementing its status as a premier provider of industrial electrical solutions in the Illinois region.

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