How Much Did Electrical Construction Raise?
Funding & Key Investors

Electrical Construction has secured $3.6M in total capital, with its most recent financing round bringing in $1.6M. This enterprise-level funding underscores the company's significant presence and strategic growth initiatives within the electrical contracting sector. The recent strategic investment signals a pivotal moment for the company as it looks to expand its operational capabilities and market reach.

What is Electrical Construction?

Electrical Construction
ConstructionConstruction ManagementArchitecture, Engineering & Design

Electrical Construction, operating under the broader entity ABCO Electrical Construction and Design L.L.C., is a full-service electrical contracting firm. The company offers comprehensive services ranging from the initial design and engineering phases to the complete installation of electrical systems. Its established presence in the market positions it as a key player capable of undertaking complex projects requiring specialized electrical expertise.

How much funding has Electrical Construction raised?

Electrical Construction has raised a total of $3.6M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$1.6M

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

Debt (2021): $1.6M led by PPP

What's next for Electrical Construction?

The substantial enterprise-level funding and recent strategic investment indicate a strong growth trajectory for Electrical Construction. This capital infusion is expected to fuel further development, potentially enabling the company to enhance its service offerings, invest in new technologies, and expand its geographical footprint. The company is poised to leverage this financial backing to solidify its market position and pursue new opportunities in the dynamic electrical construction industry.

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Frequently Asked Questions Regarding Electrical Construction Financial Insights

What are the most recent funding rounds that Electrical Construction has completed, and what were the funding rounds?
Electrical Construction has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Electrical Construction has raised to date?
Electrical Construction has raised a total of $3.6M in funding to date.
How many funding rounds has Electrical Construction completed?
Electrical Construction has completed 2 funding rounds.
How much funding did Electrical Construction raise in its most recent funding round?
Electrical Construction raised $1.6M in its most recent funding round.
Who are the lead investors in Electrical Construction's latest funding round?
The lead investor in Electrical Construction'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's history?
The largest funding round in Electrical Construction's history was $2M.
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