How Much Did Ellendale Electric Raise?
Funding & Key Investors

Ellendale Electric has solidified its market position through a series of strategic debt financing rounds, culminating in a total capital infusion of $2M. The most recent injection of $1M underscores the firm's commitment to scaling its specialized electrical and security infrastructure services across the Mid-South region. By leveraging these financial instruments, the company continues to fortify its balance sheet while maintaining its long-standing reputation for operational excellence in residential and commercial contracting.

What is Ellendale Electric?

Ellendale Electric
ConstructionConstruction Management

With a legacy spanning over 47 years, Ellendale Electric has evolved into a cornerstone of the Memphis construction and security landscape. The firm operates as a dual-threat provider, offering comprehensive electrical contracting services alongside a sophisticated Low Voltage Division. This specialized unit, which leverages over 25 years of technical expertise and a strategic partnership with Alarm.com, positions the company as a preferred vendor for large-scale apartment contractors. By integrating high-quality electrical work with advanced security monitoring, Ellendale Electric maintains a competitive moat that differentiates it from traditional regional contractors.

How much funding has Ellendale Electric raised?

Ellendale Electric has raised a total of $2M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1M

Debt (2020): $1M with participation from PPP

Debt (2021): $1M led by PPP

Key Investors in Ellendale Electric

PPP

Public-Private Partnership

What's next for Ellendale Electric?

The recent capital allocation is expected to accelerate the firm's growth trajectory, particularly within its high-margin security and low-voltage segments. As the company transitions into this next phase of enterprise-level operations, management is likely to prioritize the expansion of its service footprint and the integration of next-generation smart-home technologies. This strategic pivot aims to capitalize on the increasing demand for integrated security solutions in multi-family housing developments. By maintaining its focus on reliable service delivery and technical innovation, Ellendale Electric is well-positioned to sustain its growth and reinforce its status as a dominant player in the regional electrical services market.

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Frequently Asked Questions Regarding Ellendale Electric Financial Insights

What are the most recent funding rounds that Ellendale Electric has completed, and what were the funding rounds?
Ellendale Electric has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Ellendale Electric has raised to date?
Ellendale Electric has raised a total of $2M in funding to date.
How many funding rounds has Ellendale Electric completed?
Ellendale Electric has completed 2 funding rounds.
How much funding did Ellendale Electric raise in its most recent funding round?
Ellendale Electric raised $1M in its most recent funding round.
Who are the lead investors in Ellendale Electric's latest funding round?
The lead investor in Ellendale Electric'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 Ellendale Electric's history?
The largest funding round in Ellendale Electric's history was $1M.
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