How Much Did ElectriCare Raise?
Funding & Key Investors

ElectriCare has successfully secured a significant capital injection, marking a pivotal moment in its corporate trajectory. With a total funding amount reaching $150K, the firm is well-positioned to expand its operational footprint. This recent funding amount of $150K serves as a major strategic investment, enabling the Nashville-based contractor to scale its service delivery capabilities across the region.

What is ElectriCare?

ElectriCare
ConstructionConstruction Management

ElectriCare, Inc. operates as a comprehensive electrical services provider, maintaining a robust presence in the Nashville, Tennessee market. The company distinguishes itself through a full-service model that encompasses both residential and commercial electrical infrastructure. By offering 24-hour emergency response, specialized installation, and complex troubleshooting, ElectriCare has solidified its reputation as a reliable partner for property owners and businesses alike. Their commitment to safety and compliance, evidenced by their long-standing Better Business Bureau membership and comprehensive insurance coverage, positions them as a high-authority entity within the local utility and maintenance sector.

How much funding has ElectriCare raised?

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

2020

Debt

$150K

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

Key Investors in ElectriCare

PPP

Public-Private Partnership

What's next for ElectriCare?

With the infusion of this latest capital, ElectriCare is poised to transition into a more aggressive growth phase. The strategic allocation of these funds will likely focus on enhancing fleet logistics, upgrading diagnostic technology, and expanding the workforce to meet the rising demand for commercial electrical infrastructure in the greater Nashville area. As the company leverages this late-stage financing, it is expected to optimize its service efficiency and potentially explore regional market penetration, further cementing its status as a dominant player in the electrical contracting industry.

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Frequently Asked Questions Regarding ElectriCare Financial Insights

What are the most recent funding rounds that ElectriCare has completed, and what were the funding rounds?
ElectriCare has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding ElectriCare has raised to date?
ElectriCare has raised a total of $150K in funding to date.
How many funding rounds has ElectriCare completed?
ElectriCare has completed 1 funding rounds.
How much funding did ElectriCare raise in its most recent funding round?
ElectriCare raised $150K in its most recent funding round.
Who are the lead investors in ElectriCare's latest funding round?
The lead investor in ElectriCare'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 ElectriCare's history?
The largest funding round in ElectriCare's history was $150K.
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