What is Fielder Electric?
Fielder Electric, a family-owned enterprise with over six decades of operation in Southwest Virginia, specializes in the sale and repair of electric motors, gearboxes, power transmissions, and related electrical components. The company caters to a broad spectrum of local and regional clients, offering essential services such as motor rewinding, pump repair, and in-house machine work, underscoring its commitment to quality and immediate service needs.
How much funding has Fielder Electric raised?
Fielder Electric has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Fielder Electric?
The substantial late-stage funding indicates Fielder Electric's readiness for significant expansion and operational enhancement. This capital infusion is expected to fuel strategic initiatives, potentially involving market penetration, technological upgrades for its repair services, or broadening its product catalog. The company's long-standing presence and diverse service offerings position it for continued growth and increased market share within the industrial supply and repair sector.
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