How Much Did Electrical Construction Design Raise?
Funding & Key Investors

Electrical Construction Design has secured $785K in total financing, with its most recent capital infusion of $435K marking a significant strategic investment. This enterprise-level backing underscores the company's established position in the electrical design and construction sector.

What is Electrical Construction Design?

Electrical Construction Design
ConstructionConstruction ManagementArchitecture, Engineering & Design

Electrical Construction and Design, Inc. is a comprehensive commercial electrical contractor serving North and South Carolina. With a legacy spanning over a century of combined experience, the firm specializes in delivering high-quality electrical design and construction services. Their commitment to client satisfaction is evident in their adherence to project budgets and timelines, offering a full spectrum of services including electrical maintenance, repair, and contracting. Since its inception in 1991, Electrical Construction Design has cultivated a robust reputation through effective collaboration with major general contractors, prioritizing safety and excellence in every undertaking.

How much funding has Electrical Construction Design raised?

Electrical Construction Design has raised a total of $785K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$435K

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

Debt (2021): $435K led by PPP

Key Investors in Electrical Construction Design

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Electrical Construction Design?

The recent major strategic investment suggests Electrical Construction Design is poised for further expansion or operational enhancement. Given the company's focus on enterprise-level projects and its long-standing history, this capital infusion is likely to support the scaling of its design-build capabilities, potentially enabling the company to pursue larger-scale commercial projects or invest in advanced construction technologies. The company's established presence and strong relationships within the Carolinas' construction ecosystem position it well to leverage this backing for sustained growth and market leadership.

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Frequently Asked Questions Regarding Electrical Construction Design Financial Insights

What are the most recent funding rounds that Electrical Construction Design has completed, and what were the funding rounds?
Electrical Construction Design has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Electrical Construction Design has raised to date?
Electrical Construction Design has raised a total of $785K in funding to date.
How many funding rounds has Electrical Construction Design completed?
Electrical Construction Design has completed 2 funding rounds.
How much funding did Electrical Construction Design raise in its most recent funding round?
Electrical Construction Design raised $435K in its most recent funding round.
Who are the lead investors in Electrical Construction Design's latest funding round?
The lead investor in Electrical Construction Design'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 Construction Design's history?
The largest funding round in Electrical Construction Design's history was $435K.
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