What is Electric Plus?
Electric Plus, Inc. is a prominent commercial and industrial electrical contractor operating within the Greater Indianapolis area, extending its services to surrounding regions like Avon, Bloomington, Lafayette, and Kokomo. Since its inception in 2006, the company has focused on executing medium-to-large scale construction projects. Their expertise encompasses custom design/build strategies, telecommunication engineering, and advanced temperature control systems. Electric Plus is recognized for its dedication to safety, quality, and innovation, leveraging cutting-edge technology to deliver robust electrical solutions across diverse industries, including healthcare, agriculture, and education. The company prides itself on its experienced team and their commitment to client communication throughout all construction phases.
How much funding has Electric Plus raised?
Electric Plus has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
What's next for Electric Plus?
The recent major strategic investment into Electric Plus signals a pivotal moment for the company, likely indicating a phase of accelerated expansion or the pursuit of new large-scale enterprise projects. This capital infusion is expected to bolster their capacity to undertake more complex electrical infrastructure developments and potentially broaden their service offerings or geographic reach. Given the company's established track record and specialization in critical sectors, this financing round positions Electric Plus for enhanced market penetration and continued leadership in delivering advanced electrical solutions.
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