How Much Did Granite Electronics Raise?
Funding & Key Investors

Granite Electronics has secured $150K in total capital, with its most recent financing round yielding $150K in a major strategic investment on April 27, 2020. This debt financing underscores the company's established position in the wireless communications sector.

What is Granite Electronics?

Granite Electronics
ManufacturingComputer Equipment & PeripheralsTelecommunications

Established in 1963 as a Motorola Service Station, Granite Electronics has evolved into a Platinum Channel Partner for Motorola Solutions, specializing in sales for government and professional radio solutions, and a Premier Service Partner. The company is a leader in Central Minnesota for wireless communications, offering a comprehensive suite of Motorola products and services, including GPS asset management, broadband solutions, and radio rentals. Granite Electronics also boasts ETA-certified technicians, ensuring high-quality installation and maintenance services for a diverse clientele spanning public safety, education, transportation, and manufacturing sectors throughout Central Minnesota.

How much funding has Granite Electronics raised?

Granite Electronics has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Granite Electronics

PPP

Public-Private Partnership

What's next for Granite Electronics?

The recent strategic investment of $150K in debt financing signals a period of consolidation and operational strengthening for Granite Electronics. As a long-standing partner of Motorola Solutions, this capital infusion is likely to bolster its capacity to deliver advanced wireless communication solutions and maintain its platinum sales and service standards. The company's focus on critical sectors such as public safety and government agencies suggests a strategic alignment with infrastructure development and robust communication network maintenance, positioning it for continued relevance in its market.

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Frequently Asked Questions Regarding Granite Electronics Financial Insights

What are the most recent funding rounds that Granite Electronics has completed, and what were the funding rounds?
Granite Electronics has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Granite Electronics has raised to date?
Granite Electronics has raised a total of $150K in funding to date.
How many funding rounds has Granite Electronics completed?
Granite Electronics has completed 1 funding rounds.
How much funding did Granite Electronics raise in its most recent funding round?
Granite Electronics raised $150K in its most recent funding round.
Who are the lead investors in Granite Electronics's latest funding round?
The lead investor in Granite Electronics'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 Granite Electronics's history?
The largest funding round in Granite Electronics's history was $150K.
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