How Much Did GenerX Generators Raise?
Funding & Key Investors

GenerX Generators has secured $350K in total capital, with its most recent financing round bringing in $350K. This major strategic investment underscores the company's significant traction in the backup power solutions market. The company's funding history, which includes a notable debt financing of $350M on April 27, 2020, indicates a trajectory of sustained growth and operational scaling.

What is GenerX Generators?

GenerX Generators
ConstructionConstruction Management

Founded in 2006, GenerX Generators specializes exclusively in the installation and service of backup power generators across Tampa, St. Petersburg, and the West Coast of Florida. Unlike general electrical or HVAC contractors, GenerX Generators dedicates its entire operation to generator solutions, positioning itself as a focused expert in standby power systems. This singular focus allows the company to offer comprehensive sales and service experiences, catering specifically to clients requiring reliable backup power.

How much funding has GenerX Generators raised?

GenerX Generators has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in GenerX Generators

PPP

Public-Private Partnership

What's next for GenerX Generators?

The substantial backing and strategic investment signal a pivotal phase for GenerX Generators, likely aimed at expanding its service area, enhancing its technological capabilities, or increasing its fleet of installation and service vehicles. As a company deeply entrenched in providing essential backup power, this capital infusion is expected to fortify its market leadership and enable further penetration into residential and commercial sectors seeking dependable power solutions. The company's commitment to a niche market, coupled with significant financial backing, suggests a robust strategy for future expansion and service enhancement.

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Frequently Asked Questions Regarding GenerX Generators Financial Insights

What are the most recent funding rounds that GenerX Generators has completed, and what were the funding rounds?
GenerX Generators has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding GenerX Generators has raised to date?
GenerX Generators has raised a total of $350K in funding to date.
How many funding rounds has GenerX Generators completed?
GenerX Generators has completed 1 funding rounds.
How much funding did GenerX Generators raise in its most recent funding round?
GenerX Generators raised $350K in its most recent funding round.
Who are the lead investors in GenerX Generators's latest funding round?
The lead investor in GenerX Generators'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 GenerX Generators's history?
The largest funding round in GenerX Generators's history was $350K.
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