How Much Did Electrical Associates Raise?
Funding & Key Investors

Electrical Associates, a prominent electrical construction firm based in Olathe, KS, has secured $350K in total capital, with a recent major strategic investment of $350K. This significant backing underscores the company's established presence and ongoing expansion within the competitive electrical contracting market. The latest financing round, occurring on April 9, 2020, marks a pivotal moment for the company as it continues to scale its operations and service offerings.

What is Electrical Associates?

Electrical Associates
ConstructionConstruction Management

Established in June 2005, Electrical Associates LLC has built a strong reputation as a full-service, open-shop electrical contractor. The company's expertise spans commercial design/build projects, industrial installations, and comprehensive electrical service work, alongside residential wiring solutions. Serving the Kansas City metropolitan area, Electrical Associates is dedicated to delivering high-quality electrical solutions tailored to the diverse needs of both its commercial and residential clientele. Their commitment to excellence in electrical contracting positions them as a key player in the regional construction industry.

How much funding has Electrical Associates raised?

Electrical Associates has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Electrical Associates?

With the recent strategic investment and substantial total funding, Electrical Associates is poised for accelerated growth. The company is expected to leverage this capital infusion to enhance its service capabilities, potentially expand its geographic reach beyond the Kansas City area, and invest in advanced technologies to maintain its competitive edge. This late-stage financing suggests a focus on solidifying market leadership and pursuing larger-scale projects, further cementing its role as a leading electrical construction provider.

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Frequently Asked Questions Regarding Electrical Associates Financial Insights

What are the most recent funding rounds that Electrical Associates has completed, and what were the funding rounds?
Electrical Associates has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Electrical Associates has raised to date?
Electrical Associates has raised a total of $350K in funding to date.
How many funding rounds has Electrical Associates completed?
Electrical Associates has completed 1 funding rounds.
How much funding did Electrical Associates raise in its most recent funding round?
Electrical Associates raised $350K in its most recent funding round.
Who are the lead investors in Electrical Associates's latest funding round?
The lead investor in Electrical Associates'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 Associates's history?
The largest funding round in Electrical Associates's history was $350K.
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