How Much Did Force Electric Raise?
Funding & Key Investors

Force Electric, a commercial electrical contractor based in Phoenix, AZ, has secured $17K in total funding, with its most recent capital infusion amounting to $17K. This moderate growth capital is indicative of a company in its Series A/B growth stage, poised for further expansion in the competitive electrical contracting market.

The company's financial trajectory, marked by this recent investment, signals a strategic move to enhance its operational capabilities and market reach. The exact figures of $17K and $17K underscore the significance of this financial backing in propelling Force Electric's development.

What is Force Electric?

Force Electric
ConstructionConstruction Management

Force Electric operates as a specialized commercial electrical contractor, focusing on new construction, tenant improvements, and warehouse buildouts. With over two decades of operational history, the company has established a strong reputation in Phoenix, AZ, for delivering reliable and compliant electrical solutions. Their core competencies include ensuring safety and adherence to regulatory standards, supported by a team of licensed and certified electricians committed to client satisfaction and long-term partnerships. The firm's expertise extends to electrical testing, a critical service for maintaining the integrity of electrical systems across diverse industrial and commercial projects.

How much funding has Force Electric raised?

Force Electric has raised a total of $17K across 1 funding round:

2021

Debt

$17K

Debt (2021): $17K with participation from PPP

Key Investors in Force Electric

PPP

Public-Private Partnership

What's next for Force Electric?

The recent capital injection for Force Electric, categorized as moderate growth capital, suggests a strategic focus on scaling operations and potentially expanding service offerings or geographic footprint. As a company in its Series A/B growth phase, this financing is likely earmarked for enhancing project capacity, investing in advanced technologies, or strengthening its workforce to meet increasing demand. The sustained investment indicates confidence from backers in Force Electric's business model and its capacity for continued growth within the commercial electrical contracting sector. Future developments may involve larger-scale projects and further market penetration.

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Frequently Asked Questions Regarding Force Electric Financial Insights

What are the most recent funding rounds that Force Electric has completed, and what were the funding rounds?
Force Electric has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Force Electric has raised to date?
Force Electric has raised a total of $17K in funding to date.
How many funding rounds has Force Electric completed?
Force Electric has completed 1 funding rounds.
How much funding did Force Electric raise in its most recent funding round?
Force Electric raised $17K in its most recent funding round.
Who are the lead investors in Force Electric's latest funding round?
The lead investor in Force 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 Force Electric's history?
The largest funding round in Force Electric's history was $17K.
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