How Much Did Haloprime Raise?
Funding & Key Investors

Haloprime, a prominent player in the consumer electronics fulfillment and installation sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $324K. This latest infusion of $174K underscores the company's robust financial health and its capacity to leverage debt financing to fuel large-scale operational growth. By maintaining a consistent trajectory of capital acquisition, the firm continues to solidify its standing as a critical infrastructure partner for major telecommunications providers across the Western United States.

What is Haloprime?

Haloprime
ConstructionConstruction Management

Established in 2003 and headquartered in Bluffdale, Utah, Haloprime has carved out a specialized niche in the consumer electronics industry. The company serves as a primary fulfillment and contract work provider, with a deep-rooted partnership with DISH Network. Their core competencies span residential and commercial satellite TV and Internet installations, alongside sophisticated low-voltage audio/video automation design. By focusing on high-touch technical services, Haloprime has effectively differentiated itself from generalist contractors, ensuring high-quality delivery in a competitive market. Their operational footprint, which covers a significant portion of the Western United States, reflects a scalable business model built on technical expertise and reliable service delivery.

How much funding has Haloprime raised?

Haloprime has raised a total of $324K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$174K

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

Debt (2021): $174K led by PPP

Key Investors in Haloprime

PPP

Public-Private Partnership

What's next for Haloprime?

With the recent influx of capital, Haloprime is strategically positioned to accelerate its expansion into new geographic markets and diversify its service offerings. The company's focus on low-voltage automation and advanced connectivity solutions suggests a pivot toward smart home integration, a high-growth segment within the broader consumer electronics landscape. As the firm scales, the primary objective will likely involve optimizing its supply chain and installation logistics to maintain service quality while increasing market share. Investors and industry analysts will be monitoring how Haloprime utilizes this latest financing to navigate the evolving demands of the telecommunications and home automation sectors, particularly as it seeks to replicate its successful partnership model in untapped territories.

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Frequently Asked Questions Regarding Haloprime Financial Insights

What are the most recent funding rounds that Haloprime has completed, and what were the funding rounds?
Haloprime has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Haloprime has raised to date?
Haloprime has raised a total of $324K in funding to date.
How many funding rounds has Haloprime completed?
Haloprime has completed 2 funding rounds.
How much funding did Haloprime raise in its most recent funding round?
Haloprime raised $174K in its most recent funding round.
Who are the lead investors in Haloprime's latest funding round?
The lead investor in Haloprime'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 Haloprime's history?
The largest funding round in Haloprime's history was $174K.
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