How Much Did Electro Power Raise?
Funding & Key Investors

Electro Power has secured $739K in total capital, with its most recent funding round bringing in $389K through a major strategic investment on April 15, 2020. This significant enterprise-level funding underscores the company's established presence and strategic growth initiatives within the motor control and electric motor distribution sector.

What is Electro Power?

Electro Power
RetailHome Improvement & Hardware RetailIndustrial Machinery & Equipment

Electro Power LLC operates as a specialized distributor and panel builder, focusing on solid-state motor control and electric motors. The company's comprehensive product portfolio includes variable frequency drives (VFDs), soft starts, harmonics and motor protection filters, alongside medium voltage products and motors. Recognized as a high-volume panel shop, Electro Power is committed to delivering top-quality panels at competitive price points. They serve clients requiring full-service electric motor control solutions and turnkey integration, backed by a 24/7 customer support commitment.

How much funding has Electro Power raised?

Electro Power has raised a total of $739K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$389K

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

Debt (2021): $389K led by PPP

What's next for Electro Power?

The substantial enterprise-level funding and recent strategic investment indicate a strong trajectory for Electro Power. This capital infusion is likely to fuel further expansion of its distribution network, enhance its panel building capabilities, and potentially drive innovation in its solid-state motor control offerings. The company's focus on high-volume, competitive solutions positions it well for continued growth in the industrial automation and electrical distribution markets, with an emphasis on robust customer support to maintain its market edge.

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Frequently Asked Questions Regarding Electro Power Financial Insights

What are the most recent funding rounds that Electro Power has completed, and what were the funding rounds?
Electro Power has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Electro Power has raised to date?
Electro Power has raised a total of $739K in funding to date.
How many funding rounds has Electro Power completed?
Electro Power has completed 2 funding rounds.
How much funding did Electro Power raise in its most recent funding round?
Electro Power raised $389K in its most recent funding round.
Who are the lead investors in Electro Power's latest funding round?
The lead investor in Electro Power'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 Electro Power's history?
The largest funding round in Electro Power's history was $389K.
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