How Much Did Electrical Alliance Raise?
Funding & Key Investors

Electrical Alliance has secured $4M in total capital, with a recent strategic investment of $2M marking a significant milestone. This enterprise-level funding underscores the organization's critical role in bridging skilled labor with industry demand.

What is Electrical Alliance?

Electrical Alliance
OrganizationsMembership OrganizationsBusiness Services

The Electrical Alliance is a strategic partnership between the IBEW Local 26 and the Washington, D.C. Chapter of NECA. This collaborative initiative is dedicated to connecting highly skilled electricians with substantial career opportunities within the electrical trade. By offering robust training programs, the organization ensures a proficient workforce, thereby elevating industry standards and providing essential support for contractor growth. Their mission extends to empowering individuals with rewarding career paths, fostering community equity, and promoting inclusion through comprehensive apprenticeship programs, contractor referrals, and access to major projects in the Washington, D.C. metropolitan area.

How much funding has Electrical Alliance raised?

Electrical Alliance has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

Debt (2020): $2M with participation from PPP

Debt (2021): $2M led by PPP

Key Investors in Electrical Alliance

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Electrical Alliance?

With the recent major strategic investment, Electrical Alliance is poised for significant expansion in its training and workforce development initiatives. This capital infusion is expected to enhance their capacity to serve a growing demand for skilled electricians, potentially broadening their reach within the region and deepening their impact on industry standards. The focus will likely remain on strengthening the pipeline of qualified professionals, supporting electrical contractors, and continuing to foster equitable career pathways in the skilled trades.

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

Additional financial insights in the Organizations industry

Non-Profit & Charitable OrganizationsOrganizations
Membership OrganizationsOrganizationsNon-Profit & Charitable Organizations
OrganizationsChurch Management
Non-Profit & Charitable OrganizationsOrganizations

Frequently Asked Questions Regarding Electrical Alliance Financial Insights

What are the most recent funding rounds that Electrical Alliance has completed, and what were the funding rounds?
Electrical Alliance has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Electrical Alliance has raised to date?
Electrical Alliance has raised a total of $4M in funding to date.
How many funding rounds has Electrical Alliance completed?
Electrical Alliance has completed 2 funding rounds.
How much funding did Electrical Alliance raise in its most recent funding round?
Electrical Alliance raised $2M in its most recent funding round.
Who are the lead investors in Electrical Alliance's latest funding round?
The lead investor in Electrical Alliance'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 Electrical Alliance's history?
The largest funding round in Electrical Alliance's history was $2M.
See more information about Electrical Alliance