How Much Did Electrix Raise?
Funding & Key Investors

Electrix has secured substantial capital, with its total funding reaching $388K following a recent strategic investment of $238K. This significant financial infusion underscores the company's established position and its trajectory within the competitive electrical services market.

What is Electrix?

Electrix
ConstructionConstruction Management

The Electrix Company operates as a comprehensive electrical provider, serving both residential and commercial clientele across Los Angeles and Orange Counties. Founded in 1980, Electrix has built a reputation for integrity, reliability, and superior service delivery. The company offers a broad spectrum of electrical solutions, encompassing project bidding and work requests designed to meet diverse client requirements. Their dedication to maintaining high standards of quality and ensuring client satisfaction is a cornerstone of their operational philosophy, reflected in their prompt project management and continuous support.

How much funding has Electrix raised?

Electrix has raised a total of $388K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$238K

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

Debt (2021): $238K led by PPP

What's next for Electrix?

The recent large-scale, late-stage funding signifies a pivotal moment for Electrix, likely enabling strategic expansion, technological upgrades, or enhanced service capabilities. This capital injection is expected to fortify its market presence and potentially drive further innovation in its service offerings. The company's established history and commitment to dependable service position it for continued growth and sustained success in the electrical contracting industry.

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Frequently Asked Questions Regarding Electrix Financial Insights

What are the most recent funding rounds that Electrix has completed, and what were the funding rounds?
Electrix has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on May 8, 2020.
What is the total amount of funding Electrix has raised to date?
Electrix has raised a total of $388K in funding to date.
How many funding rounds has Electrix completed?
Electrix has completed 2 funding rounds.
How much funding did Electrix raise in its most recent funding round?
Electrix raised $238K in its most recent funding round.
Who are the lead investors in Electrix's latest funding round?
The lead investor in Electrix'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 Electrix's history?
The largest funding round in Electrix's history was $238K.
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