How Much Did Gilbert Electric Raise?
Funding & Key Investors

Gilbert Electric has successfully secured a significant capital injection, bringing its total funding to $64K. This latest round, which accounts for $64K in substantial expansion capital, underscores the firm's robust position within the Texas electrical contracting market. By leveraging this financial backing, the company is poised to scale its operations across Henderson and Van Zandt counties, reinforcing its long-standing reputation for technical excellence and safety compliance.

What is Gilbert Electric?

Gilbert Electric
ConstructionConstruction ManagementConsumer Services

Based in Athens, Texas, Gilbert Electric operates as a cornerstone of regional infrastructure support, providing comprehensive electrical solutions for over three decades. The firm maintains a dual-focus business model, catering to both commercial enterprises and residential clients with services ranging from complex rewiring projects to new construction installations. Their market position is fortified by a commitment to 24-hour availability and a rigorous safety protocol, backed by substantial liability coverage. This operational maturity distinguishes them from smaller, localized competitors and positions the company as a primary service provider in the Cedar Creek Lake area.

How much funding has Gilbert Electric raised?

Gilbert Electric has raised a total of $64K across 1 funding round:

2021

Debt

$64K

Debt (2021): $64K with participation from PPP

Key Investors in Gilbert Electric

PPP

Public-Private Partnership

What's next for Gilbert Electric?

With the infusion of this recent capital, Gilbert Electric is strategically positioned to accelerate its growth trajectory. The management team is expected to prioritize the expansion of its fleet and the recruitment of additional licensed technicians to meet the rising demand for high-quality electrical services. Furthermore, the investment will likely facilitate the modernization of their project management systems, allowing for greater efficiency in handling large-scale commercial contracts. As the company transitions into this next phase of development, the focus remains on maintaining the high service standards that have defined their three-decade tenure while capturing a larger share of the regional market.

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Frequently Asked Questions Regarding Gilbert Electric Financial Insights

What are the most recent funding rounds that Gilbert Electric has completed, and what were the funding rounds?
Gilbert Electric has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Gilbert Electric has raised to date?
Gilbert Electric has raised a total of $64K in funding to date.
How many funding rounds has Gilbert Electric completed?
Gilbert Electric has completed 1 funding rounds.
How much funding did Gilbert Electric raise in its most recent funding round?
Gilbert Electric raised $64K in its most recent funding round.
Who are the lead investors in Gilbert Electric's latest funding round?
The lead investor in Gilbert 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 Gilbert Electric's history?
The largest funding round in Gilbert Electric's history was $64K.
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