How Much Did ERI Electrical Representatives Raise?
Funding & Key Investors

ERI Electrical Representatives has secured significant capital, with a total funding amount of $359K. The company recently announced a major strategic investment of $209K, underscoring its strong position in the market and its potential for continued expansion. This latest financing round signals a pivotal moment for the firm, likely enabling further development and market penetration.

What is ERI Electrical Representatives?

ERI Electrical Representatives
RetailHome Improvement & Hardware RetailBusiness Services

ERI Electrical Representatives is a seasoned independent manufacturer's representative specializing in electrical and lighting products. With over three decades of experience, the company serves Southern California and Las Vegas, offering a comprehensive suite of products and services tailored to the electrical and lighting sectors. Their commitment to delivering professional and dependable results is backed by an experienced sales team dedicated to providing reliable solutions for businesses within these industries.

How much funding has ERI Electrical Representatives raised?

ERI Electrical Representatives has raised a total of $359K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$209K

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

Debt (2021): $209K led by PPP

Key Investors in ERI Electrical Representatives

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for ERI Electrical Representatives?

The recent major strategic investment, contextualized by the company's large-scale late-stage funding, suggests ERI Electrical Representatives is poised for significant growth and operational enhancement. This capital infusion is expected to fuel strategic initiatives, potentially including market expansion, product line diversification, or technological advancements to further solidify its competitive edge in the electrical and lighting representative landscape. The company's trajectory indicates a focus on scaling its operations and deepening its market influence.

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Frequently Asked Questions Regarding ERI Electrical Representatives Financial Insights

What are the most recent funding rounds that ERI Electrical Representatives has completed, and what were the funding rounds?
ERI Electrical Representatives has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on May 3, 2020.
What is the total amount of funding ERI Electrical Representatives has raised to date?
ERI Electrical Representatives has raised a total of $359K in funding to date.
How many funding rounds has ERI Electrical Representatives completed?
ERI Electrical Representatives has completed 2 funding rounds.
How much funding did ERI Electrical Representatives raise in its most recent funding round?
ERI Electrical Representatives raised $209K in its most recent funding round.
Who are the lead investors in ERI Electrical Representatives's latest funding round?
The lead investor in ERI Electrical Representatives'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 ERI Electrical Representatives's history?
The largest funding round in ERI Electrical Representatives's history was $209K.
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