What is Electric Smith?
Electric Smith, Inc. operates as a comprehensive electrical contractor, delivering specialized residential, commercial, and industrial solutions across Spokane, Spokane Valley, Liberty Lake, and Idaho. With a legacy spanning over a century, the organization distinguishes itself through a commitment to technical precision and client-centric project management. Their service portfolio encompasses critical infrastructure tasks, including complex panel upgrades, large-scale commercial remodels, and advanced outdoor lighting installations. By integrating traditional expertise with modern electrical standards, the company serves as a vital partner for both private homeowners and enterprise-level commercial clients requiring reliable, budget-conscious electrical maintenance and installation services.
How much funding has Electric Smith raised?
Electric Smith has raised a total of $685K across 2 funding rounds:
Debt
$350K
Debt
$335K
Debt (2020): $350K with participation from PPP
Debt (2021): $335K led by PPP
Key Investors in Electric Smith
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Electric Smith?
With the recent influx of capital, Electric Smith is positioned to accelerate its market penetration and enhance its service delivery capabilities. The strategic allocation of these funds will likely focus on scaling the workforce, upgrading technical equipment, and expanding the company's footprint within the Pacific Northwest. As the firm navigates the complexities of the current economic landscape, this debt-based financing provides the necessary liquidity to pursue larger commercial contracts and invest in sustainable energy technologies. The company's long-term roadmap remains centered on maintaining its reputation for reliability while adapting to the evolving demands of the regional construction and utility sectors.
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