How Much Did Electrical Technologies Raise?
Funding & Key Investors

Electrical Technologies, Inc. has secured significant enterprise-level funding, with its total capital raised standing at $824K. The company recently announced a major strategic investment of $474K, underscoring its robust growth trajectory and market position in the electrical contracting sector. This latest financing round follows previous debt financing, indicating a shift towards strategic capital infusion to fuel expansion and operational enhancements.

What is Electrical Technologies?

Electrical Technologies
ConstructionConstruction Management

Electrical Technologies, Inc. is a comprehensive electrical contractor serving commercial, residential, and governmental clients. The company's expertise spans new construction, industrial services, PLC troubleshooting, energy management systems, and specialized work in medical facilities. As a woman-owned business enterprise, Electrical Technologies is committed to upholding principles of excellence, professionalism, teamwork, integrity, and clear communication. Their mission is to empower clients and suppliers by facilitating the achievement of their respective objectives through reliable and high-quality electrical services.

How much funding has Electrical Technologies raised?

Electrical Technologies has raised a total of $824K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$474K

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

Debt (2021): $474K led by PPP

What's next for Electrical Technologies?

The recent major strategic investment signals a pivotal phase for Electrical Technologies, Inc. This capital infusion is expected to accelerate the company's expansion into new markets and enhance its service offerings, particularly in areas like energy management systems and specialized industrial solutions. The enterprise-level funding context suggests a focus on scaling operations, potentially through acquisitions or significant capital expenditure on advanced technologies. The company's established reputation as a woman-owned business enterprise, coupled with its commitment to client success, positions it for continued growth and leadership within the competitive electrical services industry.

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Frequently Asked Questions Regarding Electrical Technologies Financial Insights

What are the most recent funding rounds that Electrical Technologies has completed, and what were the funding rounds?
Electrical Technologies has recently completed 2 funding rounds: Debt on Mar 23, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Electrical Technologies has raised to date?
Electrical Technologies has raised a total of $824K in funding to date.
How many funding rounds has Electrical Technologies completed?
Electrical Technologies has completed 2 funding rounds.
How much funding did Electrical Technologies raise in its most recent funding round?
Electrical Technologies raised $474K in its most recent funding round.
Who are the lead investors in Electrical Technologies's latest funding round?
The lead investor in Electrical Technologies'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 Technologies's history?
The largest funding round in Electrical Technologies's history was $474K.
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