How Much Did Electrical Distributing Raise?
Funding & Key Investors

Electrical Distributing, a long-standing electronics wholesaler, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its continued relevance in the market. This latest financing round, dated May 3, 2020, marks a pivotal moment for the fifth-generation family-owned business.

What is Electrical Distributing?

Electrical Distributing
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Founded in 1878 and headquartered in Portland, Oregon, Electrical Distributing Inc. has evolved into a comprehensive wholesaler specializing in television and video products. Beyond its core offerings, the company also distributes a wide array of home products, including audio systems, networking equipment, security solutions, appliances, and even extends into furniture and outdoor living categories. Its deep roots and multi-generational ownership highlight a stable and enduring presence in the wholesale electronics sector.

How much funding has Electrical Distributing raised?

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

2020

Debt

$350K

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

Key Investors in Electrical Distributing

PPP

Public-Private Partnership

What's next for Electrical Distributing?

The recent strategic investment of $350K positions Electrical Distributing for continued growth and market expansion, particularly within its diverse product segments. As a large-scale, late-stage funding event, this capital infusion is expected to bolster operational capabilities, enhance product lines, and potentially explore new market opportunities. The company's long history suggests a strategic approach to leveraging this financing for sustained development and maintaining its competitive edge in the evolving electronics and home goods landscape.

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Frequently Asked Questions Regarding Electrical Distributing Financial Insights

What are the most recent funding rounds that Electrical Distributing has completed, and what were the funding rounds?
Electrical Distributing has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Electrical Distributing has raised to date?
Electrical Distributing has raised a total of $350K in funding to date.
How many funding rounds has Electrical Distributing completed?
Electrical Distributing has completed 1 funding rounds.
How much funding did Electrical Distributing raise in its most recent funding round?
Electrical Distributing raised $350K in its most recent funding round.
Who are the lead investors in Electrical Distributing's latest funding round?
The lead investor in Electrical Distributing'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 Distributing's history?
The largest funding round in Electrical Distributing's history was $350K.
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