What is Flag Electric?
Flag Electric Inc., established in 2013, is a licensed electrical contractor operating in downstate New York. The company specializes in providing high-quality, economical installation and maintenance services for both residential and commercial clients. Their comprehensive service portfolio includes electrical power, lighting, data/communication systems, and preventive maintenance, serving diverse sectors such as retail, corporate, educational, banking, and nonprofit renovations. Flag Electric Inc. is recognized for its highly qualified technical staff and is a member of the United Service Workers Union.
How much funding has Flag Electric raised?
Flag Electric has raised a total of $204K across 1 funding round:
Debt
$204K
Debt (2021): $204K with participation from PPP
Key Investors in Flag Electric
PPP
Public-Private Partnership
What's next for Flag Electric?
With a substantial late-stage funding context, Flag Electric is poised for significant expansion and operational enhancement. The recent strategic investment suggests a focus on scaling its capabilities, potentially through technological upgrades, service area expansion, or increased workforce development. This capital injection will likely enable Flag Electric to solidify its market position and pursue larger-scale projects, further distinguishing itself as a leading electrical solutions provider in the New York region.
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