How Much Did Goldfarb Electric Raise?
Funding & Key Investors

Goldfarb Electric has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. With a cumulative capital injection reaching $142K, the firm is well-positioned to solidify its footprint in the electrical supply sector. This latest financing round, totaling $142K, underscores investor confidence in the company's long-term viability and its ability to scale within the competitive lighting and electrical infrastructure market.

What is Goldfarb Electric?

Goldfarb Electric
RetailHome Improvement & Hardware Retail

Headquartered in Charleston, West Virginia, Goldfarb Electric operates as a specialized provider of comprehensive lighting and electrical solutions. The company maintains a robust portfolio that encompasses indoor and outdoor lighting fixtures, alongside a diverse range of fluorescent and incandescent lamps. Beyond lighting, the firm serves as a critical link in the supply chain by offering essential electrical wire and cable products. By prioritizing quality and service, Goldfarb Electric has established itself as a reliable partner for industrial and commercial clients requiring high-performance electrical components. Their market position is defined by a commitment to technical reliability and a deep understanding of the regional infrastructure needs, allowing them to maintain consistent demand for their specialized inventory.

How much funding has Goldfarb Electric raised?

Goldfarb Electric has raised a total of $142K across 1 funding round:

2021

Debt

$142K

Debt (2021): $142K with participation from PPP

Key Investors in Goldfarb Electric

PPP

Public-Private Partnership

What's next for Goldfarb Electric?

With the infusion of this recent capital, Goldfarb Electric is poised to accelerate its strategic growth initiatives. The company is expected to leverage these funds to optimize its supply chain logistics and potentially expand its product offerings to include more energy-efficient lighting technologies. As the firm transitions through this late-stage development phase, the focus will likely shift toward enhancing operational efficiencies and strengthening its market share in the broader electrical supply landscape. By capitalizing on current industry trends toward infrastructure modernization, Goldfarb Electric is well-equipped to navigate future market fluctuations while maintaining its reputation for quality and service excellence in the Appalachian region and beyond.

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Frequently Asked Questions Regarding Goldfarb Electric Financial Insights

What are the most recent funding rounds that Goldfarb Electric has completed, and what were the funding rounds?
Goldfarb Electric has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding Goldfarb Electric has raised to date?
Goldfarb Electric has raised a total of $142K in funding to date.
How many funding rounds has Goldfarb Electric completed?
Goldfarb Electric has completed 1 funding rounds.
How much funding did Goldfarb Electric raise in its most recent funding round?
Goldfarb Electric raised $142K in its most recent funding round.
Who are the lead investors in Goldfarb Electric's latest funding round?
The lead investor in Goldfarb 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 Goldfarb Electric's history?
The largest funding round in Goldfarb Electric's history was $142K.
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