How Much Did Harrison Electrical Raise?
Funding & Key Investors

Harrison Electrical has successfully secured a significant capital infusion, bringing its cumulative financial backing to $332K. This latest major strategic investment of $182K underscores the firm's robust position within the competitive landscape of regional electrical contracting. By leveraging this recent financing, the company continues to solidify its operational capacity across the Carolinas, demonstrating a sustained trajectory of growth and fiscal stability in a capital-intensive sector.

The firm's ability to attract such substantial debt financing reflects its long-standing reputation for project delivery and technical proficiency. As the organization navigates the complexities of large-scale construction, this influx of liquidity serves as a critical catalyst for maintaining its high standards of service and expanding its footprint in both commercial and industrial markets.

What is Harrison Electrical?

Harrison Electrical
ConstructionConstruction Management

Harrison Electrical operates as a specialized mid-sized contractor, holding unlimited licensure in South Carolina and North Carolina. With nearly two decades of industry experience, the firm provides comprehensive electrical solutions, ranging from design-build projects to complex bid-document construction. Their service portfolio is extensive, encompassing large-scale commercial, retail, government, and multi-family housing developments, alongside light industrial and specialized low-voltage systems such as fire alarms, security, and data infrastructure.

The company distinguishes itself through a commitment to value engineering and stamped engineered drawings, ensuring that clients receive both technical precision and cost-effective project management. By maintaining a strong bondable status and a proven track record of safety and timely completion, Harrison Electrical has established itself as a reliable partner for both public and private sector stakeholders.

How much funding has Harrison Electrical raised?

Harrison Electrical has raised a total of $332K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$182K

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

Debt (2021): $182K led by PPP

Key Investors in Harrison Electrical

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Harrison Electrical?

With the recent capital injection, Harrison Electrical is well-positioned to scale its operations and enhance its service delivery capabilities. The strategic focus will likely shift toward optimizing project throughput and integrating advanced low-voltage technologies into its existing service framework. As the firm continues to manage its debt obligations, the emphasis remains on maintaining the operational excellence that has defined its two-decade history.

Looking ahead, the company is poised to capitalize on the increasing demand for sophisticated electrical infrastructure in the Southeast. By prioritizing value engineering and expanding its technical service offerings, Harrison Electrical aims to reinforce its market leadership, ensuring that it remains a preferred contractor for complex, high-stakes construction projects while navigating the evolving regulatory and economic landscape of the regional construction industry.

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Frequently Asked Questions Regarding Harrison Electrical Financial Insights

What are the most recent funding rounds that Harrison Electrical has completed, and what were the funding rounds?
Harrison Electrical has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Harrison Electrical has raised to date?
Harrison Electrical has raised a total of $332K in funding to date.
How many funding rounds has Harrison Electrical completed?
Harrison Electrical has completed 2 funding rounds.
How much funding did Harrison Electrical raise in its most recent funding round?
Harrison Electrical raised $182K in its most recent funding round.
Who are the lead investors in Harrison Electrical's latest funding round?
The lead investor in Harrison Electrical'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 Harrison Electrical's history?
The largest funding round in Harrison Electrical's history was $182K.
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