How Much Did Electrical Contractors Raise?
Funding & Key Investors

Electrical Contractors has secured substantial capital, with total funding reaching $150K and a recent strategic investment of $150K. This significant backing underscores the company's established market presence and its trajectory within the electrical services sector.

What is Electrical Contractors?

Electrical Contractors
ConstructionConstruction Management

DB King Electrical Contractors is a well-established electrical company boasting over five decades of combined expertise. Specializing in comprehensive residential and commercial electrical solutions, the firm offers services such as generator installation and maintenance. Their operational philosophy centers on delivering high-quality workmanship, maintaining transparent client communication, and fostering strong relationships with local vendors to optimize service delivery within the Triangle area. The company targets homeowners and businesses seeking dependable electrical solutions.

How much funding has Electrical Contractors raised?

Electrical Contractors has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Electrical Contractors?

The recent major strategic investment, coupled with the overall large-scale late-stage funding context, indicates that Electrical Contractors is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in service delivery, potentially expanding their geographic reach or technological capabilities. The company's focus on customer satisfaction and established vendor relationships positions it well to leverage this financial backing for sustained growth and market leadership in the electrical contracting industry.

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Frequently Asked Questions Regarding Electrical Contractors Financial Insights

What are the most recent funding rounds that Electrical Contractors has completed, and what were the funding rounds?
Electrical Contractors has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Electrical Contractors has raised to date?
Electrical Contractors has raised a total of $150K in funding to date.
How many funding rounds has Electrical Contractors completed?
Electrical Contractors has completed 1 funding rounds.
How much funding did Electrical Contractors raise in its most recent funding round?
Electrical Contractors raised $150K in its most recent funding round.
Who are the lead investors in Electrical Contractors's latest funding round?
The lead investor in Electrical Contractors'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 Contractors's history?
The largest funding round in Electrical Contractors's history was $150K.
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