How Much Did Elite Electrical Raise?
Funding & Key Investors

Elite Electrical has secured $803K in total capital, with its most recent financing round bringing in $453K through a major strategic investment. This enterprise-level funding underscores the company's significant growth trajectory and its established position within the electrical contracting sector.

What is Elite Electrical?

Elite Electrical
ConstructionConstruction Management

Elite Electrical LLC operates as a comprehensive electrical contractor, serving commercial, industrial, and residential clients across the South Bend, Mishawaka, Elkhart, and Bristol areas. The company's core competencies include electrical construction and maintenance, with specialized expertise in wiring new and existing properties, as well as implementing outdoor lighting solutions for businesses. Elite Electrical LLC prioritizes the cultivation of enduring client relationships through the consistent delivery of dependable services and meticulous planning.

How much funding has Elite Electrical raised?

Elite Electrical has raised a total of $803K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$453K

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

Debt (2021): $453K led by PPP

Key Investors in Elite Electrical

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Elite Electrical?

The recent major strategic investment signals a pivotal phase for Elite Electrical, likely enabling expansion of its service offerings, geographic reach, or technological capabilities. This infusion of capital is expected to fuel further development and solidify its market presence. The company's commitment to reliability and planning expertise positions it for sustained growth and continued success in the competitive electrical services industry.

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Frequently Asked Questions Regarding Elite Electrical Financial Insights

What are the most recent funding rounds that Elite Electrical has completed, and what were the funding rounds?
Elite Electrical has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Elite Electrical has raised to date?
Elite Electrical has raised a total of $803K in funding to date.
How many funding rounds has Elite Electrical completed?
Elite Electrical has completed 2 funding rounds.
How much funding did Elite Electrical raise in its most recent funding round?
Elite Electrical raised $453K in its most recent funding round.
Who are the lead investors in Elite Electrical's latest funding round?
The lead investor in Elite Electrical'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 Elite Electrical's history?
The largest funding round in Elite Electrical's history was $453K.
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