How Much Did Electrical Work Raise?
Funding & Key Investors

Electrical Work, Inc. has secured $293K in total funding, with its most recent financing round bringing in $143K. This significant capital infusion, characterized as a major strategic investment, underscores the company's established position in the industrial electrical contracting sector. The context of this large-scale late-stage funding suggests a focus on expansion and further solidifying its market presence.

What is Electrical Work?

Electrical Work
ConstructionConstruction Management

Electrical Work, Inc. is a seasoned provider of electrical contracting services, boasting over two decades of operation in Southern California and drawing upon three decades of industrial sector experience. The company's core competencies include power distribution, automation controls, relocation services, troubleshooting, UL upgrades, and specialized dust collector safety monitoring. It primarily serves manufacturing plants and industrial facilities seeking dependable electrical solutions and critical upgrades. Founded by Jon Reuter, Electrical Work is recognized for its professional approach and unwavering commitment to safety standards within the demanding industrial environment.

How much funding has Electrical Work raised?

Electrical Work has raised a total of $293K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$143K

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

Debt (2021): $143K led by PPP

Key Investors in Electrical Work

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Electrical Work?

With substantial backing and a clear strategic investment, Electrical Work is poised for accelerated growth. The company's late-stage funding context indicates a strategic push to enhance its service offerings, potentially expand its operational footprint within Southern California, and further invest in advanced technologies for power distribution and automation. This capital will likely fuel initiatives aimed at capturing a larger share of the industrial electrical contracting market, reinforcing its reputation for reliability and expertise in complex electrical projects.

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Frequently Asked Questions Regarding Electrical Work Financial Insights

What are the most recent funding rounds that Electrical Work has completed, and what were the funding rounds?
Electrical Work has recently completed 2 funding rounds: Debt on Feb 27, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Electrical Work has raised to date?
Electrical Work has raised a total of $293K in funding to date.
How many funding rounds has Electrical Work completed?
Electrical Work has completed 2 funding rounds.
How much funding did Electrical Work raise in its most recent funding round?
Electrical Work raised $143K in its most recent funding round.
Who are the lead investors in Electrical Work's latest funding round?
The lead investor in Electrical Work'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 Work's history?
The largest funding round in Electrical Work's history was $150K.
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