How Much Did GT Electric Raise?
Funding & Key Investors

GT Electric has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment marks a key moment for the company, underscoring its established presence and future growth potential in the electrical services sector.

What is GT Electric?

GT Electric
ConstructionConstruction Management

GT Electric of Florida, Inc. is a state-certified electrical contractor headquartered in Tallahassee, Florida. The company provides a comprehensive suite of electrical solutions for residential, commercial, and industrial clients. Specializing in generator installations and smart home services, GT Electric addresses needs ranging from minor home electrical work to extensive commercial projects. Their reputation is built on professionalism, technical expertise, and a commitment to reliable customer service, ensuring safety and efficiency in all undertakings.

How much funding has GT Electric raised?

GT Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in GT Electric

PPP

Public-Private Partnership

What's next for GT Electric?

The substantial late-stage funding indicates GT Electric is poised for significant scaling and operational expansion. This capital injection is likely to fuel advancements in service offerings, potentially including broader adoption of smart home technologies and enhanced generator solutions for a wider market. The strategic nature of the recent investment suggests a focus on solidifying market leadership and potentially exploring new geographic territories or service verticals within the electrical contracting industry.

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Frequently Asked Questions Regarding GT Electric Financial Insights

What are the most recent funding rounds that GT Electric has completed, and what were the funding rounds?
GT Electric has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding GT Electric has raised to date?
GT Electric has raised a total of $150K in funding to date.
How many funding rounds has GT Electric completed?
GT Electric has completed 1 funding rounds.
How much funding did GT Electric raise in its most recent funding round?
GT Electric raised $150K in its most recent funding round.
Who are the lead investors in GT Electric's latest funding round?
The lead investor in GT 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 GT Electric's history?
The largest funding round in GT Electric's history was $150K.
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