What is Goodwin Electric?
Founded in 1972, Goodwin Electric Corp. is a seasoned electrical service provider operating within the Buffalo area. The company distinguishes itself through specialized custom lighting installations designed to accentuate architectural features, alongside comprehensive renovation services for both residential and theatrical lighting needs. Their portfolio includes notable projects for institutions such as the Buffalo and Erie County Public Library and the Amherst Training Center, where they have delivered bespoke lighting systems integrated with HVAC functionalities. Goodwin Electric serves a diverse clientele, encompassing residential and commercial entities seeking innovative electrical solutions.
How much funding has Goodwin Electric raised?
Goodwin Electric has raised a total of $536K across 2 funding rounds:
Debt
$150K
Debt
$386K
Debt (2020): $150K with participation from PPP
Debt (2021): $386K led by PPP
What's next for Goodwin Electric?
The recent major strategic investment indicates Goodwin Electric is likely in a scaling or expansion phase, leveraging this capital to enhance its service offerings and potentially broaden its market reach. This infusion of financing will likely support further development in custom lighting technologies and the integration of advanced electrical systems, reinforcing its position as a leader in specialized electrical services.
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